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Tether to File Motion to Dismiss Class Action Lawsuit Based on NYAG Claims
Tether has released a letter of intent saying that it plans to file a motion to dismiss the lawsuit that claims it manipulated the crypto […]
Business News
Northern Trust Testing Fractionlized Bonds on Blockchain
Custody bank Northern Trust is testing the trading of fractionalized bonds on a blockchain. Working with Singapore-based debt markets company BondEvalue, the bank is providing […]
OneCoin Founder’s Brother Faces 90-Year Jail Term After Plea Deal
The Department of Justice (DOJ) reached a plea deal with Konstantin Ignatov for his involvement in OneCoin Ltd., a cryptocurrency project based out of Bulgaria. […]
Ledger’s Vault Scores $100 Million in Crypto Insurance From Lloyd’s Syndicate
Ledger, the creator of the iconic Nano hardware wallet, is wooing institutional investors to use its technology to custody cryptocurrency for themselves with the help […]
Fintech Arm of Chinese Insurance Giant Files for US IPO After Blockchain Push
OneConnect Financial Technology, the fintech arm of China’s largest insurance company, filed a prospectus on Wednesday for an initial public offering (IPO) with the U.S. […]
HSBC, SGX to Investigate if DLT Offers Efficiency Boost for Bond Markets
Can digitalizing bonds with distributed ledger technology (DLT) bring benefits to market participants? That’s a question being asked by HSBC Singapore in a new trial being […]
Despite Denials, Tron Founder Confirms Investment in Poloniex Crypto Exchange
Justin Sun, founder of crypto platform Tron, said he is part of the investor group that recently acquired Poloniex from fintech firm Circle, after denying […]
BitGo Says It’s Now Processing 20% of Bitcoin Transactions
BitGo is processing more than 20 percent of bitcoin transactions, the company said at CoinDesk’s Invest: NYC conference today. The announcement by the crypto custodian […]
China Central Bank Official: Digital Yuan Should Have ‘Controllable Anonymity’
China’s proposed new stablecoin project should strike a balance between protecting privacy and regulatory enforcement, China’s Digital Currency Research Institute said Tuesday. Within the People’s […]
French Central Bank Job Posting Reveals Digital Currency Program
The central bank of France, Banque de France, is seeking a blockchain analyst who will help the bank define a program for implementing digital currency. […]