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Business Giants Invest USD 60m in Blockchain-powered Payment Firm Chai

11.12.2020
Screenshots of the Chai app. A group of South Korean and Japanese business giants including Hanhwa Investment & Securities, SoftBank and SK have joined more established blockchain investors to complete a Series B investment round worth over USD 60m in South Korean firm Chai, the provider of...

Users of Hacked Exchange Cryptopia Can Now Make Claims to Recover Funds

11.12.2020
The liquidator of the defunct cryptocurrency exchange has opened a portal so former users can begin making claims to retrieve their trapped funds

India’s Banks Are Once More Serving Crypto Traders and Exchanges

11.12.2020
Indian banks have started doing business with select cryptocurrency exchanges and their customers, CoinDesk has confirmed

$76M Ether Fund Makes ‘World First’ IPO on Canadian Stock Exchange

11.12.2020
3iQ said its Ether Fund has completed an initial public offering on the Toronto Stock Exchange, calling it a "world first."

Founder David Sønstebø out of Iota Foundation after ‘unanimous' board decision

11.12.2020
The Iota board said it had “parted ways” with Sønstebø due to the fact its interests have “diverged significantly” with those of the co-founder

Blockchain-powered Bordeaux? IBM announces wine supply chain tracing system

10.12.2020
"The future of the wine industry lies in verifiable provenance, transparency and traceability."

Rapper Lil Yachty Sells Out Social Token in 21 Minutes

10.12.2020
The token was listed on social money platform Fyooz, where buyers, most likely fans of the rapper, bought $YACHTY for $15 each

Man Jailed for Role in $25 Million Ponzi Scheme Involving a Failed Crypto

10.12.2020
A South Florida federal district judge has sentenced Jose Angel Aman to 84 months in prison for his role in perpetrating a $25 million diamond Ponzi scheme. In addition, the judge ordered Aman to pay over $23 million in restitution to victims who invested in his diamond cutting business and...

Curv Partners With MetaMask to Help Institutions Custody DeFi Assets

10.12.2020
Curv is teaming up with MetaMask to allow institutions to invest in DeFi protocols while having institutional-grade custody options

JPMorgan Completes Live Blockchain Repo Trade Ahead of New Product Launch

10.12.2020
The live repo trade used a blockchain application built in-house, as well as the bank's JPM Coin

YIELD Raises $4.9M in Bid to Simplify DeFi

10.12.2020
YIELD sets out to simplify the process of investing in DeFi products

S&P, State Street Lead $15M Investment in Crypto Data Startup Lukka

10.12.2020
Lukka is looking to go mainstream with a strategic investment from three stalwarts of traditional finance

Kenyans Can Now Buy and sell Crypto Through Paxful’s P2P Marketplace

10.12.2020
Paxful has partnered with Kenya-based remittance network BitLipa to allow users to buy and sell bitcoin and the tether stablecoin

SpaceChain Awarded $585K Grant to Co-Develop Decentralized Satellite System

10.12.2020
U.K.-based SpaceChain beat 13 other national applicants to secure the funding

DBS Bank’s Digital Exchange to Begin Trading Crypto ‘Next Week’

10.12.2020
The DBS Digital Exchange is 10% owned by Singapore's SGX stock exchange

Standard Chartered to Launch Crypto Custody Service for Institutional Investors Next Year

10.12.2020
SC Ventures, the innovation and ventures unit of Standard Chartered, will launch a crypto custody service targeting institutional investors in London next year. According to a Dec. 9 press statement, the British bank is partnering with U.S. wealth and asset management firm Northern Trust for...