GE Aviation is working with Microsoft Azure to launch an aircraft parts blockchain. TRUEngine, as the project is known internally, would monitor and collate data regarding the manufacture and life cycle of aircraft engine parts. GE Aviation currently supplies jet engines to about 60 percent...
Some of the biggest cryptocurrency firms are considering the creation of a blacklist of counterparties that often renege on trades or engage in illegal activities. Firms including DRW Holdings Inc.’s Cumberland crypto unit, Mike Novogratz’s Galaxy Digital Holdings and Ripple discussed the idea at a gathering...
Facebook announced that it is loosening its ban on blockchain and cryptocurrency-related ads. “We’ve listened to feedback and assessed the policy’s effectiveness,” Facebook wrote in a blog post. “While we will still require people to apply to run ads promoting cryptocurrency, starting today, we will...
Blockchain technology is taking hold in the Southwest, with the help of organizations encouraging development in the space. A group called the Austin Blockchain Collective, for instance, is looking to establish the Texas city as a hub for blockchain innovation. “When blockchain technology is discussed,...
The New York Attorney General (NYAG) will try to make its case against Bitfinex after receiving a court order to refine its demands on the exchange, as well as narrow the case against the companies and its actions. Late last month the NYAG alleged that after Bitfinex lost...
Sources have told Bloomberg that Fidelity Investments will launch its own crypto trading platform within a few weeks. Fidelity Digital Assets was created in October, and will soon offer over-the-counter buying and selling for bitcoin. But unlike other platforms, Fidelity will only serve institutional customers....
The New York State Attorney General (NYAG) Letitia James wants to see documents regarding an alleged deal made between cryptocurrency exchange Bitfinex and stablecoin operator Tether that “misled their clients and investors.” “While that and other discrepancies do not change the core issues in this...
A real lift or a dead cat bounce? Bitcoin price seems to be recovering — up low single digit percentage points at this writing — to a bit more than $5,700, and then backing off a bit to a recent $5645. The $5,700 level, if it had...
Microsoft has announced the launch of Azure Blockchain Service, which simplifies the formation, management and governance of consortium blockchain networks. The news comes after the tech giant revealed Azure Blockchain Workbench last year, which gave developers a simple UI to model blockchain applications on a preconfigured Azure-supported...
