China Renaissance CEO: Blockchain More Important Than Bitcoin
The head of a Chinese investment bank says he believes bitcoin’s underlying technology is more important than the cryptocurrency itself. Fan Bao, the CEO of…
Tag: CoinDesk
Bitcoin is ‘just going to implode one day’: Saudi Prince Alwaleed
Add Saudi billionaire Prince Alwaleed bin Talal to the roster of high-profile investors and financiers who don’t believe bitcoin and other cryptocurrencies are here to…
Crypto venture firm Blockchain Capital is raising $150 million for two funds
According to SEC filings this week, the firm has raised about $85 million combined for the two funds. One of the funds — Blockchain Capital…
Russia’s Largest Bank Joins Enterprise Ethereum Alliance
The Enterprise Ethereum Alliance just welcomed its first Russian member. After signing up more than 100 businesses to build enterprise distributed ledger technology compatible with…
Former Bitmain Chip Designer Seeks to Revoke Mining Giant’s Patent
Bitcoin’s most controversial mining firm, Bitmain, is under threat of having a key chip patent revoked. Forcing a review of the patent is an ex-employee…
Bitcoin Meets Netflix? Laolu Is Building a Lightning-Powered App for That
A principal developer of the Lightning Network, Olaoluwa “Laolu” Osunokun is understandably interested in tools that could be made possible by bitcoin. But while most…
New Banks Join UBS-Backed Blockchain Trade Finance Platform
Four major banks have joined a trade finance initiative launched late last year by Switzerland-based UBS and tech giant IBM. Bank of Montreal (BMO), CaixaBank,…
Two More Bitcoin Futures ETFs Are Up for SEC Approval
A Maryland-based exchange-traded fund (ETF) firm has filed to launch two new bitcoin futures-based products. According to a Form S-1 dated September 27, ProShares Capital…
Accenture Awarded Patent for ‘Editable Blockchain’ Tech
Accenture has been awarded a patent tied to its work on an “editable blockchain.” First unveiled last year, the professional services firm sought to create a…
Regulated ICOs Arrive: Overstock to Open Exchange for Legal Token Trading
Get ready for regulated token trading. Announced today, tØ, the capital markets arm of Overstock‘s blockchain-focused subsidiary Medici, is launching a first-of-its-kind alternative trading system…