Category: Business

Chinese Central Bank Governor Defines STOs as ‘Illegal Financial Activity in China’

The People’s Bank of China (PBoC), the country’s central bank, highlighted the illegality of Security Token Offerings (STOs) in the…

Novogratz: ‘It Sucks to Build a Business in a Bear Market’

Mike Novogratz, the chief executive officer of Galaxy Investment Partners, recently discussed the challenges of building a cryptocurrency investment firm…

Overstock to Focus on DLT, Expects to Sell Retail Business by February

Major online retailer Overstock expects to finalize a deal to sell its retail operations by February. The Utah-based company is…

Wealth List Reveals China’s 13 Biggest Crypto Billionaires

Chinese entrepreneurs behind some of the biggest cryptocurrency startups in the world have made the country's billionaire list for the…

Infinity’s End? $31 Million NEX Project Could Be Biggest Casualty of DLT Cuts

Project Infinity, launched in May 2017 by NEX Group (formerly ICAP), could be the biggest bloodletting the distributed ledger sector…

Banks Freeze Company’s Accounts After Owner Traded on Localbitcoins

The owner of cryptocurrency mining electric bicycle retailer, 50cycles, recently had his company’s accounts with HSBC and Barclays frozen within…

The Trick to Selling Blockchain Solutions? Don’t Say ‘Blockchain’

When Adrian Patten, co-founder of FX blockchain project Cobalt, pitches to banks these days, he chooses his words carefully. In…

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