IBM and CLS, a market infrastructure group delivering settlement, processing and data solutions, announced on Monday (July 30) a collaboration on a proof of concept (PoC) for LedgerConnect, a distributed ledger technology (DLT) platform for the financial services industry. In a press release, the companies...
Multicoin Capital, a U.S.-based asset management firm focused on cryptocurrencies, raised money in a round of funding that included a bunch of big-name investors and institutional investors. According to a report in Reuters citing Kyle Samani, co-founder of Multicoin Capital, the capital it raised led by...
Due to a vulnerability in Telegram’s messaging app, hackers have been able to rack up cryptocurrencies such as ZCash, as stated by Kaspersky Lab. Bloomberg reported Tuesday that Telegram remains among the more popular messaging hubs tied to cryptocurrency stakeholders. The security firm said that...
The world of exchange-traded funds is seeing an influx of capital from investors focused on blockchain. As reported by CNBC, $240 million has come into two ETFs focused on the distributed ledger technology as they came to market last week, per data from FactSet. The...
Where there is a will — and some digital currency — it seems there is a way. Or at least, that is the hope of Russian and Venezuelan officials, who aim to use the rising wave of digital currency in the marketplace as a handy...
Bitcoin may be garnering a lot of interest from all sorts of investors, but it’s losing its luster for criminals, as they move on to a different cryptocurrency. According to a report in Bloomberg, during the course of the past two months, so-called privacy coins...
$150 million is a lot of money – especially when it’s lost. Take the case of the missing Ethereum. As TechCrunch noted on Tuesday (Dec. 5), this year saw Parity Technologies (which makes the wallet known as Parity) seemingly lose as much as $150 million...
In protest of what Venezuelan President Nicolás Maduro called a financial “blockade” by the United States and the Trump administration, the government of Venezuela will be launching a cryptocurrency of its own. Called the “petro,” the new currency will be backed by the OPEC nation’s...
The SEC is growing increasingly wary of initial coin offerings — and sounding increasingly likely to step up regulatory action in and around them. A security by any other name is a security, according to SEC Chief Jay Clayton — and while the coins offered...
