Business News

Overstock’s Medici Acquires Digital Tokens Representing Startup Equity Shares

| Anna Baydakova

Overstock's Medici Ventures has successfully transferred 3.6 million tokenized shares from Chainstone Labs using Ravencoin's blockchain.

Documents Suggest Tether Has Fiat Funds to Back Stablecoin: Report

| Daniel Palmer

Tether Ltd. may have the cash reserves to back up its 1.8 billion dollar-pegged tokens, says Bloomberg.

Coinbase Ventures Backs $3 Million Round for Trading Data Startup Nomics

| Nikhilesh De

Nomics has raised $3 million from Coinbase Ventures and other investors for its plan to index 95% of all crypto trading data points.

Amazon Plays Its Own Game With Enterprise Blockchain

| Anna Baydakova

Amazon Web Services, the e-commerce giant’s cloud computing arm, is having its proverbial blockchain cake and eating it, too.

South Korean Government Trials Blockchain for Shipping Efficiency Boost

| Yogita Khatri

Two South Korean government ministries are exploring blockchain's potential to bring new efficiencies to port logistics.

robot, human, future

Humans on the Blockchain: Why Crypto Is the Best Defense Against AI Overlords

| Santiago Siri

The strategic use of blockchains will be essential in enabling humans to become meaningful long-term stakeholders in the future of governance, argues…

Overstock’s tZERO to Develop a Cobalt-Backed Token for Hong Kong Investor

| Anna Baydakova

The engagement could lead to the tokenization of up to $200 million worth of cobalt, which is used to make electric vehicle batteries, in 2019.

Blockstream Boosts Bitcoin Satellite Service With Lightning Payments

| Nikhilesh De

Blockstream has expanded its bitcoin satellite service to the Asia-Pacific region and added support for Lightning Network transactions.

When the Tide Goes Out: Big Questions for Crypto in 2019

| Gary Gensler

After this year’s wild market ride and many failed projects, what might cryptocurrency mean for money and finance in 2019 and beyond?

This Brazilian Bank Is Using Ethereum to Issue a Stablecoin

| Leigh Cuen

The Brazilian National Social Development Bank is to pilot a stablecoin based on ethereum to combat corruption.