Business 15 February 2019

South Korean Kakao puts $57M into blockchain, AI research in Q4 2018

According to a new report, South Korean internet giant Kakao invested $57 million in the research and development of new blockchain and AI technologies.

Business 15 February 2019

Russian minister: Don’t regulate cryptos, they aren’t payment methods

For Alexander Kolanov, it’s simple. Crypto’s aren’t recognized as payment methods in Russia, so they don’t need regulation.

Business 14 February 2019

Cryptopia gets green light to reopen after police investigations

Police in New Zealand have given the green light to Cryptopia exchange to reopen "whenever they want." But for some reason, they still haven’t.

Business 14 February 2019

Japanese bank MUFG to launch a blockchain-based payments system

Mitsubishi UFJ Financial Group has announced that it intends to launch a blockchain-based payments system by 2020.

Business 13 February 2019

2 Virginia pension funds invest in blockchain industry

Two pension funds in Virginia have invested in a blockchain fund. The two are anchor investors in a $40 million venture capital fund by Morgan Creek Digital.

Business 13 February 2019

New AML rules and record volumes for LocalBitcoins

LocalBitcoins is adjusting its policies to follow new European laws, while also setting record volumes in 23 countries.

Business 12 February 2019

Fundstrat Research: Last year’s challenges will be tailwinds in 2019

Fundstrat released its 2019 crypto forecast report recently, and it's one that predicts a turn of fortunes for the embattled industry.

Business 12 February 2019

Scam alert: Fraudsters seek to raise money by impersonating Bakkt

Fraudsters have developed a website that claims to be raising money for the development of Bakkt.

Business 8 February 2019

Investr launches crypto index targeting retail investors

Mobile investing application Investr has announced the launch of its cryptocurrency index.

Business 8 February 2019

Huobi doubles its trading volume despite the crypto winter

Huobi crypto exchange enjoyed a great year. It registered a 100 percent increase in trading volume, the exchange recently revealed.

Business 7 February 2019

AdvisorShares launches ETF for blockchain and cloud computing firms

AdvisorShares has announced that it will launch an exchange-traded fund (ETF) focusing on fast-growing tech companies.

Business 7 February 2019

Six German suspects arrested for stealing electricity to mine crypto

The suspects reportedly operated the mining farm for at least a year and a half. In that time, they consumed enough electricity to power 30 households.

Business 6 February 2019

Court orders crypto startup to pay $6M for deceiving investor

A court in the Southern District of New York has found a crypto startup and its founders guilty of duping an investor.

Business 6 February 2019

California court indicts two men for SIM swapping to steal crypto

Two men used fraud and extortion, targeting crypto investors and executives with their scheme.

Business 5 February 2019

MyEtherWallet warns against phishing attempts after January hack

The firm asked its users to ignore an email that's doing the rounds asking them for personal information.

Business 5 February 2019

Canadian exchange Coinsquare lays off 40 including COO and CFO

Coinsquare has announced it is laying off 40 of its employees in a move aims to streamline the crypto exchange in light of an ever-evolving market.

Business 4 February 2019

Blockchain startup DOVU will reward users for sharing transport data

Blockchain startup DOVU has signed an agreement with Go-Ahead, a railway company operating in the U.K. The agreement will allow Go-Ahead to collect data from its users and reward them for sharing.

Business 4 February 2019

Australia registers 250 crypto exchanges, legitimizes the industry

Australia has now registered 246 crypto exchanges. The registrations come after the country's top financial intelligence agency enacted new anti-money laundering rules last year.

Tech 1 February 2019

Merck Group’s AI and blockchain patent aims to fight counterfeits

Merck Group has acquired a new patent which will allow the company to employ blockchain tech to protect the integrity of supply chains globally.

Business 31 January 2019

Alipay and Wechat Pay Maintain Anti-Crypto Stance, confront Huobi

Alipay and WeChat Pay have allegedly sent legal letters to Huobi crypto exchange asking that it take their logos down.

Business 30 January 2019

Bear market claims another victim as Ukrainian exchange shuts down

Ukrainian exchange Liqui recently announced that its closing down, citing a lack of liquidity.

Business 29 January 2019

Belarus’ largest bank could set up a crypto exchange

Belarusbank has been on a digitalization wave and crypto could be the next frontier.