Money Transfer Firms Join Ripple's Payment Network

Money Transfer Firms Join Ripple's Payment Network
Two money transfer firms are to open a new payments corridor using RippleNet, while a Kuwaiti bank has also signed up to use the service.

$65 Million: Blockchain Assets Platform Paxos Raises Series B Funding

$65 Million: Blockchain Assets Platform Paxos Raises Series B Funding
Blockchain startup Paxos has closed a $65 million Series B funding round led by existing investors including Liberty City Ventures and RRE Ventures.

PwC Australia, Port of Brisbane Unveil Blockchain Supply Chain Pilot

PwC Australia, Port of Brisbane Unveil Blockchain Supply Chain Pilot
PwC Australia, the Australian Chamber of Commerce and Industry and the Port of Brisbane are trialling a new blockchain trade solution.

IDG Backs Crypto Wallet imToken with $10 Million Investment

IDG Backs Crypto Wallet imToken with $10 Million Investment
China-based crypto wallet startup imToken announced on Thursday that it has closed a $10 million Series A round fully funded by IDG Capital.

Watch Out Crypto Exchanges, Decentralization Is Coming

Watch Out Crypto Exchanges, Decentralization Is Coming
With regulatory uncertainty looming over the industry, incumbents should not feel too comfortable at the top.

Forex Firm CLS Invests $5 Million in Enterprise Blockchain Startup R3

Forex Firm CLS Invests $5 Million in Enterprise Blockchain Startup R3
U.S.-based FX settlement provider CLS has made a $5 million investment in blockchain software startup R3.

Crypto Exchange Huobi Confirms Move Into Brazilian Market

Crypto Exchange Huobi Confirms Move Into Brazilian Market
Huobi, a major cryptocurrency exchange originally from China, has told CoinDesk that it's setting up shop in Brazil.

Going Up? Bitcoin Price Sets Sights on New Resistance

Going Up? Bitcoin Price Sets Sights on New Resistance
Bitcoin's corrective rally is gathering traction and may cross a key resistance hurdle soon, the technical charts indicate.

Stock Trading App Removes Crypto Price Tracking After Debut

Stock Trading App Removes Crypto Price Tracking After Debut
A new service for tracking cryptocurrency prices on a popular stock trading app has become unavailable, possibly due to regulatory rumblings.

Disillusioned Token Investors Demand Real Talk About Risk

Disillusioned Token Investors Demand Real Talk About Risk
Investors who are passionate about blockchain technology are growing frustrated with a lack of tangible progress on risk management at token projects.

EOS Cryptocurrency Lacks Price Direction Ahead of Launch

EOS Cryptocurrency Lacks Price Direction Ahead of Launch
EOS' move to its own mainnet is just a couple of days away, yet its native cryptocurrency is looking indecisive on the price charts.

Asus' New Crypto Mining Motherboard Has Space for 20 GPUs

Asus' New Crypto Mining Motherboard Has Space for 20 GPUs
Motherboard maker Asus has debuted a new product aimed specifically at cryptocurrency miners.

Hackers Demand $1 Million in XRP After Bank Data Theft

Hackers Demand $1 Million in XRP After Bank Data Theft
Hackers who stole personal information on 90,000 Canadian bank users have demanded $1 million in Ripple's XRP to not release the data trove.

Tradeshift Plans Blockchain Push After $250 Million Funding

Tradeshift Plans Blockchain Push After $250 Million Funding
Supply chain management firm Tradeshift says it will further expand into blockchain following a $250 million Series E round led by Goldman Sachs.

'Layer 2' Blockchain Tech Is an Even Bigger Deal Than You Think

'Layer 2' Blockchain Tech Is an Even Bigger Deal Than You Think
The rise of solutions like the lightning network suggests crypto can have its cake and eat it too. Transactional scaling may just be the icing.

Korea Seizes Bitcoin Worth $1.4 Million Following Supreme Court Ruling

Korea Seizes Bitcoin Worth $1.4 Million Following Supreme Court Ruling
South Korea's Supreme Court ruled Wednesday that cryptocurrencies can be forfeited in criminal cases, allowing the seizure.

$7,560: Bitcoin Bulls Fight Back, But Too Early to Call Reversal

$7,560: Bitcoin Bulls Fight Back, But Too Early to Call Reversal
Bitcoin regained poised on Tuesday, climbing back to over $7,550, but the bulls still have work to do.

Indian Telecoms Watchdog to Combat Nuisance Calls with Blockchain

Indian Telecoms Watchdog to Combat Nuisance Calls with Blockchain
India's telecoms regulator plans to leverage blockchain technology to combat unsolicited phone calls and SMS messages.

EOS Is Coming, If Anyone Can Figure Out How to Vote

EOS Is Coming, If Anyone Can Figure Out How to Vote
After a roughly year-long initial coin offering (ICO), what has become perhaps the most hotly anticipated blockchain is scheduled to launch on June 2.

British FX Firm Currencies Direct Pilots Ripple Tech

British FX Firm Currencies Direct Pilots Ripple Tech
Foreign exchange brokerage Currencies Direct successfully completed several international transfers using Ripple's xRapid product.

Austrian Regulator Freezes Crypto Mining Firm Amid Investigation

Austrian Regulator Freezes Crypto Mining Firm Amid Investigation
The Austrian Financial Market Authority has suspended the operations of cryptocurrency mining firm INVIA GmbH for offering illegal investments.

Kakao: How Korea's Largest Mobile Giant Is Embracing Blockchain

Kakao: How Korea's Largest Mobile Giant Is Embracing Blockchain
Jason Han, CEO of Kakao's blockchain subsidiary Ground X, tells CoinDesk his thoughts on how crypto could impact big business.

Crypto Payroll Processor Bitwage Launches ICO Advisory Firm

Crypto Payroll Processor Bitwage Launches ICO Advisory Firm
Bitcoin payroll firm Bitwage has launched an advisory company aimed to make it easier for companies to launch token sales.

Korean National Assembly Makes Official Proposal to Lift ICO Ban

Korean National Assembly Makes Official Proposal to Lift ICO Ban
South Korea's legislative arm of government is pushing for the removal of the country's ban on domestic initial coin offerings.

EOS Forced to Patch 'Epic' Security Loopholes Ahead of Launch

EOS Forced to Patch 'Epic' Security Loopholes Ahead of Launch
Blockchain platform EOS says serious vulnerabilities reported by an internet security firm just days before its mainnet launch have been fixed.

German Authorities Sold $14 Million in Seized Cryptos Over Price Fears

German Authorities Sold $14 Million in Seized Cryptos Over Price Fears
Prosecutors in Germany have made an emergency sale of cryptocurrencies seized in two investigations due to concerns over price volatility.

Bitcoin Now Faces Last Major Support Level Before $5K

Bitcoin Now Faces Last Major Support Level Before $5K
Bitcoin is down again and looks set to test another key support level at $6,900, the technical charts indicate.

Baidu's 'Wikipedia' Now Logs Revisions on a Blockchain

Baidu's 'Wikipedia' Now Logs Revisions on a Blockchain
Chinese search giant Baidu has turned to blockchain technology in order to make its online encyclopedia more traceable and transparent.

Japan Was the Wake-Up Call: Get Ready to Defend Privacy Coins

Japan Was the Wake-Up Call: Get Ready to Defend Privacy Coins
To advocate for regulatory leniency, we must consider the advantages, not the disadvantages, that privacy coins will provide to the greater community.

Chinese Universities to Build Blockchain DAO for Affordable Education

Chinese Universities to Build Blockchain DAO for Affordable Education
A group of top-tier Chinese universities plans to build a distributed organization to make educational resources more accessible and affordable.

Blockchain Could 'Revolutionize' Retail and CPG Industries: Deloitte

Blockchain Could 'Revolutionize' Retail and CPG Industries: Deloitte
A Deloitte report suggests the retail and consumer packaged goods sectors could see benefits from blockchain integration across a number of use cases.

Chinese Ride-Hailing App Founder Wants to Build a Blockchain 'Uber'

Chinese Ride-Hailing App Founder Wants to Build a Blockchain 'Uber'
Chen Weixing, founder of Chinese ride-hailing app Kuaidi Dache, is planning to build a blockchain-based application for ride-sharing.

Bank of Russia Official: Still Too Early to Gauge Blockchain's Potential

Bank of Russia Official: Still Too Early to Gauge Blockchain's Potential
A senior official at Russia's central bank has said blockchain technology is immature but may have industrial-scale applications.

Amid Chaos, Our Decentralized Future Is Being Built

Amid Chaos, Our Decentralized Future Is Being Built
Blockchain can upend – not just the business models of recent decades – but a millennia-old societal practice of deep significance to civilization.

China Poised to Form Blockchain Standards Committee This Year

China Poised to Form Blockchain Standards Committee This Year
China expects to form its national blockchain standards committee by the end of 2018, according to an IT ministry official.

Bitcoin Bears Still in Charge But Indecision Could Open Doors for Rally

Bitcoin Bears Still in Charge But Indecision Could Open Doors for Rally
While the odds are still stacked in favor of bitcoin's bears, marketplace exhaustion may have provided a chance for a brief rally.

No Miners? Intel Seeks to Automate DLT Block Verification

No Miners? Intel Seeks to Automate DLT Block Verification
A newly released Intel patent application sets out a system for automatically creating and validating blocks on a distributed ledger.

Chinese Blockchain Event Draws Backlash Over Chairman Mao Stunt

Chinese Blockchain Event Draws Backlash Over Chairman Mao Stunt
Chinese crypto media firms are boycotting a blockchain event after the organizer used a Chairman Mao imitator to fire up the audience.

What to Expect When Ethereum Classic Diffuses Its 'Difficulty Bomb'

What to Expect When Ethereum Classic Diffuses Its 'Difficulty Bomb'
The upcoming ethereum classic fork will disable a 'difficulty bomb,' committing the network to a proof-of-work consensus algorithm.

ZombieChain Comes Alive: Can Ethereum Sidechains Save the Dapps?

ZombieChain Comes Alive: Can Ethereum Sidechains Save the Dapps?
Loom Network, which came up with the idea of dedicated "dappchains" for scalable decentralized apps, is embracing sharing.

Leadership Shifts to Usher in New Era for Monero Cryptocurrency

Leadership Shifts to Usher in New Era for Monero Cryptocurrency
New leaders with ambitious business strategies are on the rise within monero, seeking "usability for ordinary people."

Blockchain Must Adapt to Build Trust in the Internet of Things

Blockchain Must Adapt to Build Trust in the Internet of Things
While there is tremendous promise for the tech, blockchain must evolve substantially to meet the unique demands of the internet of things.

Startup Behind Zk-Starks Breakthrough to Seek Cryptocurrencies As Customers

Startup Behind Zk-Starks Breakthrough to Seek Cryptocurrencies As Customers
Lead scientists behind privacy tech zk-starks have started a business providing the solution to blockchains in exchange for tokens.

BitGo Is Building Its Own Digital Asset Custodian

BitGo Is Building Its Own Digital Asset Custodian
Blockchain security startup BitGo has decided to build its own asset custodian, and will no longer proceed with its acquisition of Kingdom Trust.

CryptoKitties Charity Auction Raises $15K for Children's Hospital

CryptoKitties Charity Auction Raises $15K for Children's Hospital
Bella's Kitty Den, a CryptoKitties marketplace, raised over $15,000 by auctioning donated collectible kitties for the Seattle Children's Hospital.

Just One Crypto Bucked the Market Downtrend This Week

Just One Crypto Bucked the Market Downtrend This Week
Shadowing the losses in bitcoin, the top-25 cryptocurrencies have all fallen over the last seven days – all bar one, that is.

Chinese Blockchain Complex Offers Startups Millions in Subsidies

Chinese Blockchain Complex Offers Startups Millions in Subsidies
A new blockchain industrial park in China aims to attract talented individuals and startups by offering millions of dollars-worth of subsidies.

Porn Star Stormy Daniels Adds Crypto Rewards to Official Website

Porn Star Stormy Daniels Adds Crypto Rewards to Official Website
Adult actress Stormy Daniels has partnered with Vice Industry Token to add cryptocurrency incentives for website users.

Bangkok Bank Joins R3's Trade Finance Blockchain Initiative

Bangkok Bank Joins R3's Trade Finance Blockchain Initiative
Bangkok Bank has joined the Marco Polo trade finance initiative developed by blockchain startup R3 and trade finance technology firm TradeIX.

Chinese City to Use Blockchain In Fight Against Tax Evasion

Chinese City to Use Blockchain In Fight Against Tax Evasion
Tencent is working with a local tax authority on fintech solutions to tax issues, and already has a blockchain product for invoicing.