Itaú and StanChart launch blockchain platform for loans in Latin America

Itaú and StanChart launch blockchain platform for loans in Latin America

Banks Itaú Unibanco Holding SA and Standard Chartered have partnered to develop a blockchain-based platform for small syndicated loans, both companies said on Monday in a statement.
Fintech company Calastone to shift fund network to blockchain

Fintech company Calastone to shift fund network to blockchain

Calastone, an investment funds transaction network, said on Monday it will shift its entire system to blockchain in May, a move that could slash costs for the sector by billions of dollars a year.
South Korean lawyers press govt for cryptocurrency laws, investor protection

South Korean lawyers press govt for cryptocurrency laws, investor protection

South Korea's lawyers lobbied the government on Thursday to quickly establish a legal framework to help develop the blockchain-based virtual currency industry and protect investors.
Blockchain platform goes live for North Sea crude oil trading

Blockchain platform goes live for North Sea crude oil trading

Oil majors and trading firms can start finalising crude oil deals on a live blockchain-based platform for the first time, in a move that could revolutionise the market.
Trade war and censors blow chill wind through China’s giant tech scene

Trade war and censors blow chill wind through China’s giant tech scene

Wang Miaoyi's small one-bedroom apartment, which doubles as her design studio, is overflowing with game magazines, figurines and boxes of sci-fi novels.
Two Sigma Ventures backs cryptocurrency security startup Trustology

Two Sigma Ventures backs cryptocurrency security startup Trustology

The venture capital arm of quantitative hedge fund manager Two Sigma has backed Trustology, a young company that develops technology to help investors safeguard digital assets such as cryptocurrencies, the companies said on Thursday.
Analysis: Bitcoin for payments a distant dream as usage dries up

Analysis: Bitcoin for payments a distant dream as usage dries up

The use of bitcoin for commercial payments has dropped dramatically this year, even as the original digital coin starts to fulfill one of the basic features of any payment currency: stability.
Airspace Technologies raises $20 mln as investors pile into logistics startups

Airspace Technologies raises $20 mln as investors pile into logistics startups

The latest startup aiming to bring new technology to the business of moving around cargo has raised $20 million in fresh funding, bolstering an already record year of fundraising for companies in the shipping and logistics sector.
Cryptocurrency miner Canaan lets Hong Kong IPO application lapse

Cryptocurrency miner Canaan lets Hong Kong IPO application lapse

Canaan Inc, one of the world's leading cryptocurrency mining equipment makers, has let its application for a Hong Kong IPO of at least $400 million lapse, casting doubt on the prospects for other Chinese makers of bitcoin mining gear.
Analysis: As bitcoin trading shifts shape, big money stays away

Analysis: As bitcoin trading shifts shape, big money stays away

Bitcoin's value has plunged by three-quarters this year, sending the original and biggest cryptocurrency back to levels not seen before its bubble. And price isn't the only aspect of trading that has changed.
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