business news
Tata Settles Securities Between National Depositories on a Blockchain
India's second largest firm has completed a blockchain trial of cross-border securities settlement between two central securities depositories.

US Energy Department Eyes Blockchain to Prevent Power Plant Cyberattacks
A U.S. Department of Energy lab is exploring blockchain technology as a line of defense against cyberattacks on power plants.

New York Rejects Bittrex Exchange's BitLicense Application
NYDFS has rejected Bittrex's application for a BitLicense, citing "inadequate" AML compliance among other reasons.

$60 Million and Rising: China's Crypto Funds Try Lending to Beat Bear Market
Investors such as Bixin Capital, FBG Capital and Dong Zhao’s DGroup have been lending tens of millions of dollars in crypto since the fall.

Bitfinex Drops Minimum Balance to Trade on Crypto Exchange
Bitfinex has removed its $10,000 minimum equity requirement to start trading on the cryptocurrency exchange.

Gibraltar Stock Exchange Now Allows Listing of Tokenized Securities
The Gibraltar Stock Exchange is allowing financial firms to list blockchain-based securities on its GSX Global Market platform.

Hold-It-Yourself Crypto Exchange LGO to Roll Out Hardware Wallet in Q2
Non-custodial exchange LGO Markets has built its own hardware storage device and will also offer multi-signature wallets through BitGo.

Facebook Said to Be Seeking $1 Billion in Funding for Crypto Project
Social media giant Facebook may be seeking a billion bucks in VC investment for its cryptocurrency project, an NYT reporter says.

Western Union Integrates With Crypto Wallet to Expand Philippines Remittances
The money transfer giant has teamed up with blockchain startup Coins.ph to enable residents of the Philippines to directly receive cash remittances.

Sparkswap Raises $3.5 Million From Initialized, Pantera for Lightning-Powered DEX
Pantera-backed Sparkswap has launched to offer pro traders litecoin-to-bitcoin atomic swaps using the lightning network.

