Banking


Markets

My Bank Account Was Frozen for Bitcoin – And It Only Made Me Love Crypto More

The guy who coined the term "hodl" has a real bitcoin story that only made his interest in the technology stronger.

Hodl Guy, Frozen

Markets

Top Banks 'Investing $50 Million' to Build Blockchain Settlement System

Around a dozen banks are said to be spending $50 million to build a blockchain-based digital cash settlement system, according to Reuters.

Credit: Shutterstock

Markets

World Bank, CommBank Team Up for 'World First' Blockchain Bond Transaction

The World Bank says its new debt instrument "bond-i" is the first bond to have both issuance and trading recorded on a blockchain.

World Bank

Markets

Emberfund Turns Your Phone Into a Crypto Hedge Fund

Emberfund is a new mobile app that lets anyone buy into an index of cryptocurrencies that automatically balances itself over time.

Screen Shot 2019-05-13 at 9.47.13 PM

Markets

Enterprise Ethereum Alliance Publishes Latest Client Specs in Blockchain Standards Push

The EEA has published its latest client spec, which simplifies permissioning systems for enterprise blockchains, among other recommendations.

ether

Markets

When the Dust Settles: The Bitfinex Probe Reveals Structural Weaknesses

The Bitfinex probe highlights not just the lack of reliable banking, but also – somewhat overlooked – the lack of auditing services, says Noelle Acheson.

audit time

Markets

Crypto Wallet Abra Adds In-App Support for 'Thousands' of US Banks

Crypto wallet Abra now let users connect to “thousands” of U.S. banks. It's also added withdrawals for all 30 supported cryptos.

Abra CEO Bill Barhydt (CoinDesk archives)

Markets

There's a New Medici Bank After 500 Years, And This Time It's Crypto-Friendly

A descendant of the famed Medici Italian banking family has opened a cryptocurrency-friendly bank in Puerto Rico.

Medici villa

Markets

JPMorgan Quietly Reboots the Blockchain Behind Its JPM Coin Cryptocurrency

JPMorgan has been replacing key privacy components of its Quorum blockchain platform over the past six months.

jpmorgan

Markets

Over 50 Banks, Firms Trial Trade Finance App Built With R3's Corda Blockchain

ABN Amro, Standard Chartered and around 50 other firms have participated in tests of Voltron, a trade finance platform built with R3's Corda.

R3 NYC office