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IBM Is Helping Launch a Price-Stable Crypto With FDIC-Insured Funds

The latest attempt to create a crypto pegged to the U.S. dollar, or stablecoin, combines 21st-century technology with an invention from the 1930s.

Bridget van Kralingen, IBM

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Banks Take Sides as Blockchain Trade Finance Race Heats Up

NatWest, part of Royal Bank of Scotland, has joined Marco Polo, a blockchain consortium started by R3 and trade finance specialist TradeIX.

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Hong Kong's Blockchain Trade Finance Platform to Go Live By September

The Hong Kong Monetary Authority is poised to launch a live blockchain trade finance platform within two months.

hongkong

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Thailand Is Planning a 'Bond Coin' for Faster Securities Settlement

A self-regulatory organization in Thailand is planning to create a custom token aimed to speed up corporate bond settlement in the country.

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American Express Thinks Blockchains Could Help Prove Payments

Credit card giant American Express may be looking into developing a new proof-of-payment (PoP) system based on blockchain technology.

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$13.5 Million Hack Ignites Fresh Debate Over Crypto Project Bancor

The security breach of a well-funded blockchain project renewed critiques against its technology this week.

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Russians Indicted for US Election Hacks Used Bitcoin to Fund Operations

Twelve Russian officials indicted for hacking into Democratic National Committee email accounts allegedly used cryptocurrencies, the DOJ announced.

Rod

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100 Tokens By 2020: Ledger Pledges Big Expansion for Crypto Custody

Wallet and custody startup Ledger is ramping up the number of cryptocurrencies it supports to meet demand from institutional investors.  

Ledger

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Federal Judge Wavers as CFTC Seeks Injunction in Crypto Fraud Case

The CFTC is wrapping up its case against accused fraudster Patrick McDonnell – but the hearings in New York this week have been anything but simple.

Brooklyn courthouse image via CoinDesk archives

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Walmart Looks to Blockchain for Better Package Tracking

A new patent filing finds retail giant Walmart seeking to utilize blockchain technology to solve problems when scheduling deliveries.

WM