Boston startup True Tickets is teaming up with the Broadway theater company The Shubert Organization for blockchain-based mobile ticket delivery, the companies said in a press release Wednesday (Oct. 16). True Tickets was chosen to participate in the inaugural Broadway Tech Accelerator established in the...
San Francisco-based Layer1 announced that it has raised $50 million from investors including Peter Thiel, Shasta Ventures, and various crypto industry leaders. The company will use the funding to build a bitcoin mining operation, which it claims to be the first bitcoin mining company in...
Europol has announced that when it comes to internet-based organized crime, bitcoin is still king, “While we have previously reported a small shift towards more privacy-focused cryptocurrencies such as Monero, Bitcoin still remains the currency of choice for both legitimate and criminal use,” Europol reported...
China Construction Bank’s vice president has revealed that the bank has added new abilities to its trade finance blockchain platform, including cross-chain and inter-bank transactions. Since its launch last year, the platform has processed over $53.5 billion transactions between exporters, banks and non-bank financial institutions....
The founders of lending protocol Nuo have announced the launch of a new digital banking platform called Juno, which will be built on top of ethereum. The platform will rely on the Nuo protocol and is set to launch early next year. Juno’s flagship product...
A new phishing sextortion campaign is now asking for ransom demands of alternative coins. “Typical sextortion scams claim to have installed malware on recipients’ systems and recorded their browsing history of adult websites and webcam footage. Ransom is demanded in bitcoin, upon threat of releasing...
Real-time currency exchange and remittance network Ripple has teamed up with Finastra to allow banking customers to access RippleNet, its worldwide blockchain payments network. Ripple said it will provide for more affordable, faster and more reliable payments. Users will be hosted on Ripple’s cloud solution...
The umbrella company running Bitfinex and Tether, iFinex, has been hit with a $1 trillion class-action lawsuit. Plaintiffs say that the actions of iFinex was “part fraud, part pump-and-dump and part money-laundering.” “Together, Bitfinex and Tether manipulated a market that, by design, is supposed to...
Despite the fact that Facebook’s planned cryptocurrency, Libra, has been under intense scrutiny, one crypto-futures exchange is planning for its future. CoinFLEX, which launched earlier this year, is offering physically-settled futures that will deliver Libra tokens if it is live by the end of next...
