Tuesday, December 11, 2018

Coinbase Wants to Own ‘BUIDL’ Trademark, Filing Reveals

Exchange giant Coinbase is seeking a trademark for “BUIDL,” a popular term used by some segments of the cryptocurrency community, public records show. In an Oct. 2 filing with the United...

4 Banks Complete €100K Commercial Paper Transaction on R3’s Corda

Four European banks – Commerzbank, ING, Natixis and Rabobank – have settled a live transaction for a short-term debt instrument on the Corda platform developed by blockchain consortium...

BitGo Brings Banker Out of Retirement to Lead Institutional Crypto Custody

BitGo has hired Richard J. Corcoran, a long-time veteran of the trust company industry, to head the crypto security startup’s institutional custody business. Announced Thursday, Corcoran will oversee billions...

Swiss Post, Swisscom Developing New Blockchain Platform on Hyperledger

Swiss Post, the country’s national postal service, and state-owned telecoms provider Swisscom have united to develop a blockchain platform. The two announced Thursday that they are using Hyperledger Fabric to...

R3’s New Corda App Supports Payments in XRP Cryptocurrency

Distributed ledger technology provider R3 has launched the Corda Settler, an application aimed to facilitate global cryptocurrency payments within enterprise blockchains – and it’s starting with XRP. R3 said...

Blockchain ‘Radically Simplifies’ KYC, Say UAE Trial Participants

Abu Dhabi Global Market (ADGM), an international financial free zone within the United Arab Emirates, says it has successfully completed the trial of a blockchain-based know-your-customer (KYC) application. ADGM...

Air Force Grad School Launches Blockchain Demo Site

The Air Force Institute of Technology (AFIT), a graduate school run by the U.S. Air Force, has launched an educational tool for blockchain. Modern Materials Handling magazine reported Monday...

Crypto Exchange Poloniex Launches Institutional Trading Services

Crypto exchange Poloniex has announced the opening of trading services for institutional clients. The company, which was acquired by payments firm Circle earlier this year, said Tuesday that it will...

Overstock’s Medici Invests $2.5 Million in Grain Tech Firm’s Blockchain Pivot

Overstock subsidiary Medici Ventures is investing in a software firm looking to store grain transactions on a blockchain. The company announced Tuesday it was purchasing $2.5 million of equity...

Coinbase’s Former Fraud Lead Has Left to Join Tech Firm Twilio

One of Coinbase’s earliest employees, risk operations manager Rees Atlas, has left the Silicon Valley cryptocurrency exchange – and the blockchain industry – for Twilio, a publicly traded...

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British Crypto Exchange CEX.IO Now Requires Identity Info From Users

United Kingdom-based cryptocurrency exchange CEX.IO now requires its users to disclose their identities, financial trading news outlet Finance Magnates reported Dec. 11.Established in 2013,...

Spanish Ruling Party to Introduce Regulation on Blockchain, Crypto

Spanish ruling party Partido Popular (PP) will introduce a draft bill on cryptocurrencies and blockchain regulation in a few days, local newspaper La Vanguardia...

‘The Drug Is Gone’: Mike Novogratz Compares Current Bitcoin Markets to ‘Methadone Clinic’

Mike Novogratz compared current cryptocurrency  market performance to a “methadone clinic” in an interview with Bloomberg Dec. 11.During the interview, Bloomberg asked Novogratz how...