business news
Baidu's Blockchain Photo App Launches With Its Own Token
Chinese internet search giant Baidu has created a proprietary token to power its new blockchain-based photo validating and sharing service.
Bitcoin Exchange Paxful Reveals Plan to Reach Venezuela's Unbanked
Paxful says business is surging in developing nations, where mobile phones are abundant and cheap, but access to exchange platforms remains scarce.
What to Expect When Congress Talks Crypto (Twice) Tomorrow
Two Congressional committee hearings will examine whether crypto is the future of money, as well as what sort of regulation the space may need.
Litecoin's Lee: Bank Deal Might Lead to New Crypto Services
Charlie Lee took to reddit Tuesday to clarify his and the Litecoin Foundation's roles in the new acquisition of nearly 10 percent of a German bank.
Mastercard Wins Patent for Speeding Up Crypto Payments
Mastercard is looking to improve crypto by designing a payments system that will link accounts holding both fiat currency and cryptocurrencies.
Russian Firm Will Reward Staff With Crypto Tokens Tied to Profits
The blockchain subsidiary of the Russian e-payments firm Qiwi plans to incentivize staff by giving them tokens tied to the firm's net profits.
IBM Is Helping Launch a Price-Stable Crypto With FDIC-Insured Funds
The latest attempt to create a crypto pegged to the U.S. dollar, or stablecoin, combines 21st-century technology with an invention from the 1930s.
Banks Take Sides as Blockchain Trade Finance Race Heats Up
NatWest, part of Royal Bank of Scotland, has joined Marco Polo, a blockchain consortium started by R3 and trade finance specialist TradeIX.
World's First Bank-Backed Crypto Exchange Finally Opens to the Public
VCTRADE, the new crypto exchange built by financial giant SBI Holdings, is finally open to all Japanese residents after months of delays.
Hong Kong's Blockchain Trade Finance Platform to Go Live By September
The Hong Kong Monetary Authority is poised to launch a live blockchain trade finance platform within two months.
