Business News

Coinbase Shutters High-Speed Crypto Trading Division, Axing 30 Jobs

Cryptocurrency exchange Coinbase is shutting down the Chicago office it opened a year ago, eliminating 30 engineering jobs. The San…

SEC-Fined Crypto Project Abandons Cannabis Co-Working Space Plan

A cryptocurrency project previously sanctioned by the U.S. Securities and Exchange Commission (SEC) is selling a property that it had…

Crypto Custodian BitGo One-Ups Gemini With Advanced Security Exam

Crypto custodian BitGo says it has passed an advanced security review by an outside monitor, claiming to be the first…

Civic Inks Deal to Bring Blockchain ID to 1,000 Vending Machines

It started with selling beer, but age verification could crack open a whole industry to cryptocurrency. CoinDesk previously reported on…

Controversial Oil Tycoon Moves to Shake Up Argo Blockchain Board

Oil tycoon Frank Timis has been revealed as the biggest shareholder in Argo Blockchain, a crypto mining firm that listed…

Hacked Crypto Exchange Zaif Resuming Full Services Under New Owner

Japanese cryptocurrency exchange Zaif, which was hacked for about $60 million last year, is under new management. The exchange announced…

Tennis Star Serena Williams Reveals Investment in Coinbase

Serena Williams, one of the world’s most successful tennis players of all time, has revealed in an Instagram post that…

JPMorgan Expanding Blockchain Project With 220 Banks to Include Payments

Investment banking giant JPMorgan Chase is planning to expand an existing blockchain project to include settlement features as it seeks…

Malware Crypto Ransoms Rose By Almost 90% in Q1: Report

The average cryptocurrency payout for ransomware attacks rose dramatically in the first quarter of 2019, according to a firm that…

Volkswagen to Track Minerals Supply Chains Using IBM Blockchain

Volkswagen Group has announced it will use blockchain tech to track its mineral supply chains. The German automaker said Thursday…

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