Business News

Tether to File Motion With NYAG to Dismiss Class Action Lawsuit

Tether has released a letter of intent saying that it plans to file a motion to dismiss the lawsuit that…

Northern Trust Testing Fractionlized Bonds on Blockchain

Custody bank Northern Trust is testing the trading of fractionalized bonds on a blockchain.  Working with Singapore-based debt markets company…

OneCoin Founder’s Brother Faces 90-Year Jail Term After Plea Deal

The Department of Justice (DOJ) reached a plea deal with Konstantin Ignatov for his involvement in OneCoin Ltd., a cryptocurrency…

Ledger’s Vault Scores $100 Million in Crypto Insurance From Lloyd’s Syndicate

Ledger, the creator of the iconic Nano hardware wallet, is wooing institutional investors to use its technology to custody cryptocurrency…

Fintech Arm of Chinese Insurance Giant Files for US IPO After Blockchain Push

OneConnect Financial Technology, the fintech arm of China’s largest insurance company, filed a prospectus on Wednesday for an initial public…

HSBC, SGX to Investigate if DLT Offers Efficiency Boost for Bond Markets

Can digitalizing bonds with distributed ledger technology (DLT) bring benefits to market participants? That’s a question being asked by HSBC Singapore…

Despite Denials, Tron Founder Confirms Investment in Poloniex Crypto Exchange

Justin Sun, founder of crypto platform Tron, is part of the investor group that recently acquired Poloniex from payment company…

BitGo Processing 20% of Bitcoin Transactions

BitGo is processing more than 20% of bitcoin transactions, the company said at the invest:nyc conference today in New York.…

China Central Bank Official: Digital Yuan Should Have ‘Controllable Anonymity’

China’s proposed new stablecoin project should strike a balance between protecting privacy and regulatory enforcement, China’s Digital Currency Research Institute…

UPS Ships Beef to Japan, Tracked and Monitored Using Blockchain Tech

UPS has delivered a bunch of blockchain steaks to Japan. The global shipping giant announced on Monday that, in partnership…

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