Business News

Michigan Secretary of State Nixes Crypto for Political Donations

| Nikhilesh De

A letter from the Michigan Secretary of State's office states that cryptocurrencies cannot be used for political donations.

Combined Class-Action Lawsuit Against Ripple Moves to Federal Court

| Nikhilesh De

Is XRP a security? The question is now sitting before the U.S. District Court in San Francisco.

Singapore’s Central Bank, SGX Develop Blockchain Settlement System

| Yogita Khatri

The Monetary Authority of Singapore and the nation's stock exchange have developed a blockchain-based settlement system for tokenized assets.

Accenture Puts Software License Management on a Blockchain Platform

| Yogita Khatri

Accenture has rolled out a new software license management application built with distributed ledger tech from Digital Asset.

Japanese Firms Claim Success in Marine Insurance Blockchain Trial

| Yogita Khatri

NTT DATA and a major Japanese insurer have completed a blockchain trial that speeds up marine cargo insurance claims.

CFTC Fines Bitcoin Trader $1.1 Million for Crypto Fraud

| Yogita Khatri

A bitcoin trader has been jailed and fined over $1.1 million for stealing bitcoin and litecoin, and then defrauding investors to repay the loss.

IBM Says Blockchain Can Power ‘Open Scientific Research’ in New Patent Filing

| Zack Seward

A patent application from Big Blue hints at a blockchain solution for scientific research.

Sexual Assault Survivor Uses Crypto to Crowdfund Anonymously

| Leigh Cuen

Cryptocurrency is helping women who've suffered sexual harassment or assault gain financial independence while protecting their privacy.

Crypto Exchanges Should Take a Hard Look at IP Address-Masking Services

| Richard Malish

Cryptocurrency exchanges will likely have to reckon with VPN access as part of any regulatory or law enforcement actions for market manipulation.

Colorado Regulators Crack Down on Four More ICOs

| Zack Seward

The state's "ICO Task Force" has now issued 12 cease-and-desist orders since May of this year.