Business News

Judge Appoints Law Firms to Represent QuadrigaCX Customers

| Nikhilesh De

Law firms Miller Thomson and Cox & Palmer will represent 115,000 QuadrigaCX customers as the exchange seeks to recoup the $196 million it owes them.

BitGo Offering $100 Million in Crypto Insurance Through Lloyd’s of London

| Ian Allison

BitGo is providing $100 million of cover against theft of digital assets or the loss of cryptographic keys via Lloyd’s of London.

2 Crypto Startups Unveil Security Token Issuance and Trading Service

| Nikhilesh De

Securitize and OTCXN aim to streamline the process of issuing and trading security tokens with their new all-in-one solution.

Crypto Trader Cumberland Upgrades from Skype to Wall Street Interface

| Ian Allison

Crypto market maker Cumberland is upgrading from trading by Skype to modern-day Wall Street-style screen-based interactions.

Crypto Startup TrueDigital Hires CEO from World’s Largest Hedge Fund

| Anna Baydakova

The startup that helped Signature Bank beat JPMorgan to the punch is hiring a former Bridgewater Associates manager as its new CEO.

South Korean Capital’s $1 Billion Startup Fund Will Include Blockchain Firms

| Yogita Khatri

The Seoul Metropolitan Government has committed over $1 billion to invest in innovative startups by 2022, including blockchain firms.

coinbase, coins

Coinbase Acquires Blockchain-Tracking Startup Neutrino for Undisclosed Price

| Leigh Cuen

Coinbase has acquired blockchain analytics startup Neutrino as part of a push to offer more diverse crypto assets.

Germany Seeking Industry Feedback for National Blockchain Strategy

| Yogita Khatri

The German government is soliciting industry feedback ahead of developing a blockchain strategy by summer, according to Reuters.

Mining Giant Bitmain Posts $500 Million Loss in IPO Financial Filing

| Wolfie Zhao

Cryptocurrency mining and manufacturing giant Bitmain lost about $500 million in the third quarter of 2018, CoinDesk has learned.

You Can Now Send Bitcoin Tips Over Lightning on Twitter

| Alyssa Hertig

When "liking" your favorite tweet isn't enough, you can now send small bitcoin tips via the lightning network.