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Business And Finance

Latest Ethereum and Blockchain News

NEWS
business and finance

Crypto Startup Block.one Pays Out Huge Return To Investors

Bloomberg
Some investors, who staked $100,000, received a $6.6 million return, and while Block.one has promised to launch a social media platform in June, most are wondering where exactly the crypto firm made its money in the wake of crypto winter.
NEWS
business and finance

EU's Central Bank Breaks Down Its Thoughts On Cryptocurrency

CoinDesk
While the European Central Bank found that crypto assets have had a relatively small impact on the financial stability of countries that have adopted the euro, the bank says it's open to at least explore the possibility of a digitally issued euro.
NEWS
business and finance

Facebook Loosens Its Grip On Crypto- And Blockchain-Related Advertising

TechCrunch
A year after Facebook banned all blockchain-related ads, the social media giant has tweaked its restrictive stance and opened the door for tech, industry, and educational advertisements.
NEWS
business and finance

Recounting The Winklevoss Bros' Legal Battle With Mark Zuckerberg And Their Turn To Crypto

Vanity Fair
Taking a look at the legal battle between the Winklevoss twins and Mark Zuckerberg, as well as the twins' star turn in the crypto community.
NEWS
business and finance

Are Banks Starting To Wade Into The Crypto Pool?

CoinDesk
Michael J. Casey, senior advisor for blockchain research at MIT, discusses the trouble crypto companies are still having getting banking services, the effects of the Bitfinex scandal, and what needs to be done to ease the fears of bank compliance officers.
NEWS
business and finance

Microsoft Launches Blockchain, AI Business Tools

Reuters
The Microsoft Corporation announced the launch of new tools intended to allow software developers to easily integrate artificial intelligence and blockchain technology into any business model.
NEWS
business and finance

Facebook Developing Crypto Payment Platform

The Wall Street Journal
Facebook is reportedly looking to create a payment system that uses a stablecoin of its own design. The system will allow users to purchase goods on Facebook and other websites. The social media giant is also developing a checkout platform to be used across the web.
NEWS
business and finance

Truffle Integrates With Quorum To Entice Enterprise Partners

Forbes
Wes McVay, vice president of partnerships at Truffle, and CEO Tim Coulter explain the company's expansion and how integrating with Quorum will help spur mass adoption of enterprise-grade blockchain platforms.
NEWS
business and finance

Don't Expect Central Banks To Give Up Control Anytime Soon

BREAKERMAG
David Andolfatto of the Federal Reserve Bank of St. Louis talks about many central banks being interested in issuing a central bank digital currency while refusing to decentralize.
NEWS
business and finance

Research Shows Big Corporations Investing In Blockchain While Shunning Crypto

Reuters
Research conducted by PitchBook reveals that investments in cryptocurrency and blockchain startups by venture capitalists have reached $850 million in the first four months of 2019. However, corporations such as the London Stock Exchange Group and Microsoft are still unwilling to invest directly in cryptocurrency.
NEWS
business and finance

Forbes Blockchain 50

Forbes
Although most companies are still skeptical about adopting cryptocurrency, many are experimenting with blockchain tech. Forbes compiled a list of 50 companies worth at least $1 billion that are using blockchain platforms, from Ethereum to Hyperledger.
NEWS
business and finance

New Blockchain Consortium Includes Big Businesses And Prominent Members Of The Blockchain Industry

CoinDesk
The International Association of Trusted Blockchain Applications, a global forum dedicated to accelerating the adoption of blockchain technology, opened its doors in Brussels, Belgium. The group includes over 100 firms and companies such as IBM, Ripple, and Barclays.
NEWS
business and finance

WEF Report: Over 40 Central Banks Interested In Blockchain And Cryptocurrency Tech

CoinDesk
Ashley Lannquist, lead author of a new World Economic Forum report, talks about how blockchains can help underbanked communities, the WEF’s efforts to spur blockchain adoption in the financial sector, and the likelihood of central banks issuing digital currencies in the near future.
NEWS
business and finance

Crypto Mining Company Riot Blockchain Reports Huge 2018 Losses

The Next Web
The 2018 financial report for bitcoin mining firm Riot Blockchain shows a loss of $58 million. While it also shows a gain of $7.7 million in mining revenue, that profit was eaten up by company liabilities such as a drop in cryptocurrency values and the depreciation of mining rigs.
NEWS
business and finance

Jamaica Stock Exchange Wants To Offer Bitcoin And Ether Trading

CoinDesk
The Jamaica Stock Exchange and FinTech firm Blockstation are in the second phase of a pilot program to test the trading of digital assets. The first phase examined live crypto trading. The second phase will introduce more participants and run them through the platform's know-your-customer protocol.
NEWS
business and finance

Andreessen Horowitz Getting Out Of Venture Capital, Enabling More Crypto Investment

Forbes
The venture capital firm has always had its own way of operating, even if that means not operating as a venture capital firm. With limits on VC investments in crypto, it's now registering instead as a financial advisor.
NEWS
business and finance

Crypto Bank Opens In Puerto Rico

CoinDesk
The San Juan Mercantile Bank & Trust International is dedicated to cryptocurrency traders and says it will keep custody and trading on the same platform.
NEWS
business and finance

PayPal Invests In Cambridge Blockchain

CoinDesk
In its first investment in blockchain technology, PayPal funds Cambridge Blockchain to help fix KYC and digital identity issues for the financial services industry.
NEWS
business and finance

Cboe Halts Bitcoin Futures Trading

Apr 1st, 2019
Mary Driscoll
The first US exchange to offer bitcoin futures has a change of heart. Competition from Cboe’s cross-town rival, and dampening retail investing, are proving hard to ignore.
business and finance

GOOD Things: Charitable Giving In A Digital World

Mar 31st, 2019
Mary Driscoll
Commit Good thinks tokens will offer transparency for donors and support project viability. It's starting with a housing project in Botswana.