SEC investigation of The Dao opens a can of worms for ICOs

The Securities and Exchange Commission issued an investigative report Wednesday cautioning market participants that offers and sales of digital assets (i.e., initial coin offerings and token sales) by "virtual" organizations are subject to the requirements of federal securities laws. An...

Bank of England completes DLT proof of concept for high-value payments

The Bank of England has published summaries from a third round of proofs of concept completed by the bank's fintech accelerator. The fintech accelerator was set up a year ago to deploy innovative technologies relevant to the bank's mission and...

Enterprise Ethereum Alliance adds 34 member organizations

The Enterprise Ethereum Alliance, a nonprofit focused on Ethereum best practices and open standards, has added 34 organizations as members since late May. This brings the Alliance's current membership to more than 150 organizations, according to a press release. EEA...

Bitcoin online retail acceptance drops

Bitcoin is now accepted at only three of the top 500 online merchants, down from five from last year, according to a report by Bloomberg. Retailers might be turning down bitcoin due to scaling challenges and slow and costly transactions;...

Blockchain tech wins big at FSS Payments Productathon

Indian payments and fintech provider FSS has announced the winners of the FSS Payments Productathon 2017. FSS hosted the event in association with India's National Association of Software and Services Companies and TiE, Chennai, a nonprofit association dedicated to fostering...

Former Mt. Gox CEO to face trial in Japan

Mark Karpeles, former CEO of the defunct bitcoin exchange Mt. Gox, will face trial this week in Tokyo on charges related to the loss of $480 million in bitcoin from the exchange.

Californians can earn cash for EV juice with Share and Charge blockchain app

California residents will soon be able to rent out their electric car charging stations thanks to a platform that combines smart charging technology from eMotorWerks and the blockchain platform of Share&Charge, according to a press release. Users can download the...

Swiss bank scores first with blockchain asset management service

Zurich-based Falcon Group has become the first Swiss private bank to provide blockchain asset management solutions for its clients through cooperation with Bitcoin Suisse AG, according to a press release. The announcement follows approval by the Swiss Financial Market Supervisory...

Partners report successful blockchain trial for bank guarantees

Australian financial institutions ANZ and Westpac have teamed with IBM and shopping center operator Scentre Group to digitize the bank guarantee process used for commercial property leasing. In a successful trial of the process, the partners used distributed ledger technology...

Decent Network welcomes first 3rd-party app developer

Decent Network, a nonprofit decentralized publishing platform, is pleased to announce that the first third-party application to be built on the Decent Network is now in development. The app, called Publiq, is a free tool for sharing digital content (specifically...

Decentralized cybersecurity token promises enhanced device security

Rivetz International, a newly formed subsidiary of Rivetz Corp., has announced the RvT cybersecurity token, which combines blockchain technology and trusted computing to offer comprehensive privacy protection, according to a press release. The RvT token enables multifactor authentication across devices...

Linux Foundation expands with 18 new members

The Linux Foundation, a nonprofit technology organization, has added 18 new organizations as silver members. These members will work on open source projects for networking, blockchain, security cloud and other technologies, according to a press release. The foundation uses a...

EOS token distribution takes in more than $185M in first 5 days

Block.one, the developer of EOS.IO software, a new blockchain operating system designed to support commercial-scale decentralized applications, has received 651,902 ETH, worth approximately $185 million, in the first five days of its 341-day long token distribution. In exchange, 200 million...

Study: Blockchain to significantly disrupt health care industry

The blockchain will significantly disrupt the health care industry by 2025, with tools such as health data exchanges, smart assets management and payment solutions, according to research by Frost & Sullivan. The blockchain will help create a digital democratization of...

CryptoCoinTracker launches latest version of virtual currency tracker

CryptoCoinTracker has released CryptoCoinTracker 2.1, a tool that allows users to monitor withdrawals and deposits to all of their virtual currency wallets. The tool is enabled for bitcoin, altcoin and Ethereum, according to a press release. The tracker helps users...

Payza receives online payment industry awards

Online payment platform Payza was recognized for its e-commerce and remittance offerings, according to a press release. The platform was presented the Online Payment Method Award at the 2017 Merchant Payments Ecosystem conference and the Customer Choice Award for Best...

Daimler, German bank launch corporate loan instrument via blockchain

Daimler AG and Landesbank Baden-Württemberg have jointly used blockchain technology to execute their first financial transaction. The partners tested the technology for capital markets in the execution of a process required by regulatory authorities: Through LBBW, Daimler launched a 100...

Ripple blockchain powers remittances from Japan to Thailand

Siam Commercial Bank, in collaboration with Japan's SBI Remit, is using the Ripple blockchain enterprise solution to power real-time remittance payments between Japan and Thailand. According to a press release, approximately 40,000 Thai nationals live in Japan; remittance flows from...

Blockchain firm aims to bring SE Asia's unbanked into digital economy

BlockPool, a provider of b2b blockchain solutions, has introduced a blockchain-based solution to allow unbanked citizens to engage with the digital economy. The company has collaborated with Federation X, a mobile systems developer, to offer Southeast Asian agricultural workers access...

Blockchain platform offers 'Decent' rewards for artists

Decent has launched a blockchain-based content distribution platform that offers an alternative to services from Amazon and Apple, and gives artists more control over their work, according to a press release. Decent estimates that writers lose 30–75 percent of their...

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