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Former Simple Bank Co-Founder Unveils New Blockchain Payments Startup

Sila, a startup launched by former Simple Bank co-founder Shamir Karkal, has unveiled an open beta for its ethereum-based payments platform.

Sila CEO Shamir Karkal (left) with CTO Alexander Lipton, Chief Legal Officer Angela Angelovska-Wilson and COO Isaac Hines. (Credit: Sila)

Markets

A Small Bank in Germany Is Now Nearly 30% Owned by Crypto Companies

The blockchain startup Nimiq has just joined the ranks of WEG Bank AG shareholders like TokenPay and the Litecoin Foundation.

A German flag surrounded by euro banknotes (Bartolomiej Pietrzyk/Shutterstock)

Markets

A New Bank for Crypto Traders Has Opened in Puerto Rico

A new Puerto Rico-based financial institution catering to traders of cryptocurrency has opened for business.

San Juan, Puerto Rico,

Markets

New iPhone-Controlled Crypto Vault Promises 'Bank-Grade' Security

ConsenSys-backed Trustology has launched an iPhone-controlled crypto vault service it says is secure enough for financial institutions.

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TrueUSD Stablecoin Holders Can Get 'Up to 8%' Interest Via CredEarn

Holders of the dollar-pegged stablecoin TrueUSD can now leverage their funds to earn interest through crypto lender Cred.

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Markets

Central Banks See 'No Value' in Issuing Digital Currency: BIS Chief

BIS chief Agustin Carstens has said that central banks are wary about issuing digital currencies due to the "huge operational consequences."

Agustín Carstens

Markets

R3 Co-Founder Jesse Edwards Is Leaving the Enterprise Blockchain Firm

Co-founder Jesse Edwards is leaving R3, but will remain an investor and continue working with the blockchain firm.

Corda Network is the public offshoot of R3's enterprise blockchain efforts.

Markets

Cryptopia Exchange Resumes Crypto Trading Amid Banking Issues

Cryptopia, the cryptocurrency exchange hit by a major hack in mid-January, has restarted trading of 40 pairs deemed secure.

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Silvergate Bank Adds 59 Crypto Clients, But Deposits Down $123 Million

Silvergate Bank added 59 crypto clients in the fourth quarter, but its deposits from the industry shrank by $123 million.

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Digital Asset Names New CEO to Succeed Blythe Masters

Enterprise blockchain startup Digital Asset has named co-founder Yuval Rooz as the company’s new chief executive officer.

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