Business News

Coinbase-Backed ConsenSys Alum Aims to Build GitHub for Web3

| Leigh Cuen

Harrison Hines, a former ConsenSys token guru, is building a developer hub for the decentralized web via his startup Terminal.

Wells Fargo to Pilot Dollar-Linked Stablecoin for Internal Settlement

| Ian Allison and Daniel Palmer

U.S.-based financial giant Wells Fargo is developing a digital dollar that will run on the firm’s first blockchain platform.

BIS Paper Makes Case for ‘Embedded’ Regulation in Blockchain Markets

| Daniel Palmer

An economist at the Bank for International Settlements has come out in favor of building regulation into blockchain-based financial markets.

dash, crypto

Cryptocurrency Dash to Begin Trading on Coinbase Pro

| William Foxley

Deposits will be accepted today followed by trading on Tuesday at 16:00 UTC.

Facebook’s David Marcus Responds to Critics Over Libra ‘Threat’

| Daniel Palmer

The head of Facebook's Calibra has spoken out to "debunk" allegations that the Libra project poses a threat to nations' fiscal sovereignty.

Harbor Tokenizes Real Estate Funds Worth $100 Million on Ethereum

| Nikhilesh De

Harbor has created tokens on the ethereum blockchain representing the shares of four real estate funds worth $100 million.

Deutsche Bank Joins JPMorgan’s Crypto Payments Network

| Daniel Palmer

JPMorgan's blockchain-based interbank payments initiative, IIN, has added Deutsche Bank as its latest member, bringing the total to 320 banks.

OKEX Korea Drops 5 Privacy Cryptocurrencies Citing FATF Rules

| Daniel Palmer

The Korean arm of the exchange has dropped support for privacy-enhancing cryptocurrencies including monero, zcash and dash.

HTC’s Blockchain Phone Now Supports Bitcoin Cash

| Danny Nelson

Native support for bitcoin cash is coming to HTC's blockchain phone via a partnership with Bitcoin.com.

Central Banks to Question Facebook-Led Libra Over Financial Risks

| Daniel Palmer

The Libra Association is to be grilled by 26 central banks over the perceived risks to financial stability posed by the crypto project.