U.S. federal law enforcement agencies have recovered $110,000 worth of stolen bitcoin, and returned it to cryptocurrency exchange Bitfinex. That amount — totaling 27.7 bitcoin — is just a small portion of the amount stolen by hackers in August 2016. The criminals made off with...
Japanese internet giant Recruit Holdings launched a $25 million blockchain fund, which closed in November and only became public after the company revealed an investment in Beam. Recruit has made prior investments in blockchain companies through its central corporate fund, Recruit Strategic Partners (RSP). With the...
Most of the wallet contents from digital currency exchange QuadrigaCX have reportedly been sent to Ernst & Young (EY), a monitor appointed by the court for the company, CoinDesk reported. Through the crypto transfer, 51 bitcoins, 33 Bitcoin Cash tokens, 822 Litecoin tokens, 2,000 Bitcoin Gold...
Digital currency exchange Binance, which has approximately $1 billion in trading volumes each day, rolled out a decentralized trading service (dex), according to reports. With the concept of a dex, users can trade using their wallets instead of transferring their digital currency into a crypto...
Blockchain is increasingly being separated from cryptocurrency, with an eye toward disparate use cases — some done at the national level. To that end, reports came this week that Germany has put a consultation and commentary period in place that will focus on blockchain, with a goal...
Coinbase announced that it has acquired Neutrino, a blockchain intelligence platform. “Blockchain intelligence is increasingly important in the crypto ecosystem and is necessary to achieve our mission of bringing the open financial system to the world,” wrote Varun Srinivasan, engineering director at Coinbase, in a...
Bitcoin jumped to a one-month high as it hit $3,727 this weekend — it’s highest level since Jan. 19. Its 24-hour trading volume also rose to above $8 billion for the first time since Dec. 20. As CoinDesk explained, the cryptocurrency’s boost indicates a bearish-to-bullish trend...
Overstock’s tZERO isn’t performing as well as expected. According to CoinDesk, since its launch three weeks ago, daily volume for the platform’s tZERO Preferred (TZROP) token has been somewhere between 7,000 and 23,000 units — slightly lower than the company’s expectation of volume between 9,000...
HSBC‘s blockchain-based system has helped the bank save 25 percent on foreign exchange (FX) trades. The bank facilitates payments across its American, European and Asia-Pacific trading hubs via its HSBC FX Everywhere platform, which launched last year and uses a shared permissioned ledger that allows...
