business news
OpenBazaar Raises $5 Million from Bitmain, OMERS Ventures
OB1, the development company behind decentralized online marketplace OpenBazaar, has raised $5 million in a Series A funding round.
Thai Bank Extending Ripple Remittances to Euro and Pound
Thailand's Siam Commercial Bank is adding two new currencies to its Ripple-based blockchain remittance platform.
Spooked By SEC, Video Streaming ICO Halts Airdrop
Stream had a plan to launch its product, sell its tokens to investors and give away 500 million more. That's all on hold now, as SEC action looms.
China IT Ministry to Create Official Blockchain Standards
China's information and technology ministry aims to establish a standards committee to boost the development of blockchain in the country.
Report: South Korea Could Ease Its ICO Ban
South Korea's ban on initial coin offerings (ICOs) could be relaxed in the months ahead, according to a new report.
EU Can't Ban Bitcoin Mining Over Energy Concerns, Official Says
Cryptocurrency mining is perfectly legal in Europe and only subject to standard electricity rules, according to an EU commissioner.
Ether Takes Step Toward Institutional US Trading
ConsenSys is partnering to develop an ether price index it hopes will make more crypto trading products available for institutional investors.
Former Docker CEO to Lead Crypto-Powered Distributed Storage Startup
Decentralized data storage startup Storj is hoping to boost its growth with the hire of Ben Golub, former CEO at software firm Docker.
Japan's SBI Group Scraps Huobi Crypto Exchange Partnership
SBI Virtual Currency, a subsidiary of SBI Holdings, will no longer partner with Huobi Group on setting up two Japan-based cryptocurrency exchanges.
Monero Mining Malware Attack Linked to Egyptian Telecom Giant
Thousands of devices allegedly affected by malware across Egypt, Turkey and Syria.
