() () () () () () () () () () () () () () () () () () () ()

Ethereum News

IBM Expands Blockchain Partnership With Insurance Broker Marsh – CoinDesk

Global professional services firm Marsh is expanding an effort to offer insurance solutions on IBM’s blockchain platform. The company announced Wednesday that it was working with IBM Blockchain to launch a commercial version of an insurance verification program it first introduced in April, according to a press release. Marsh and IBM will use the new…

Read More

Former UBS Bankers Net $100 million to Build a Crypto Bank – CoinDesk

A Swiss crypto startup launched by several former UBS bankers has raised 100 million CHF, or around $104 million, in a bid to establish a regulated cryptocurrency bank. Called SEBA Crypto AG (SEBA) and based in the Crypto Valley Zug, the startup said on Thursday it secured the funds from domestic and foreign institutional and private…

Read More

VanEck and SolidX Unfazed By the SEC's Latest Bitcoin ETF Delay – CoinDesk

The U.S. Securities and Exchange Commission (SEC) recently moved to delay their decision on yet another bitcoin exchange-traded fund (ETF). The move, announced last week, represented the second delay since the proposal was initially filed by options exchange Cboe in partnership with investment management firm VanEck and blockchain technology company SolidX on June 20. As…

Read More

FedEx Joins Hyperledger in Blockchain Consortium's Latest Expansion – CoinDesk

Global shipping giant FedEx has just become one of the 14 newest members to join the Hyperledger consortium. Hyperledger announced that FedEx, Honeywell International, as well as a number of crypto startups, have become the newest participants in its mission to to build blockchain platforms and applications for enterprises, according to a press release on Wednesday.…

Read More

SEC Seeks Court Sanction Against PlexCoin ICO Founders – CoinDesk

The U.S. Securities and Exchange Commission (SEC) is seeking further action against the founders of the PlexCoin crypto scheme, which it had previously shut down as a fraud. First reported by Finance Magnates, the SEC submitted a document to the New York Eastern District Court on Tuesday, requesting to file a motion for sanctions against the two founders,…

Read More

US Dairy Farmers to Trial Blockchain in Bid to Track Milk Products – CoinDesk

Dairy farmers in the U.S. may soon be tracking milk using a blockchain platform. The Dairy Farmers of America (DFA), a farmer-owned cooperative with more than 14,500 members, announced Tuesday that it would work to “increase supply chain transparency” by tracking milk products using a blockchain platform operated by food tech startup Ripe.io. The organization…

Read More

Bitcoin Mining Giant Bitmain Files IPO Prospectus in Hong Kong – CoinDesk

Bitmain, the Beijing-based bitcoin mining giant, has officially filed an application in its bid to go public on the Hong Kong Stock Exchange (HKEX). Published this week, Bitmain’s long-awaited initial public offering (IPO) prospectus follows various news reports that the mining giant has been mulling a Hong Kong listing and weighing a multi-billion dollar public…

Read More

USD Coin Arrives: Circle's Crypto Stablecoin Is Now Trading – CoinDesk

Four months after first announcing the creation of a dollar-backed stablecoin, cryptocurrency finance firm Circle is releasing it to the world. Circle co-founders Sean Neville and Jeremy Allaire wrote in a blog post Wednesday that its USD Coin (USDC), developed with help from the company’s CENTRE affiliate consortium, would act as a mean to tokenize…

Read More