Search Results for: Company

Gemini Launches Insurance Company Resulting in the Highest Custody Insurance Coverage in the Crypto Market

Gemini announced the launch of its own cryptocurrency insurance company in its blog post, which resulted in becoming crypto custody with the broadest coverage at the moment. The company, named Nakamoto, Ltd., will become the world’s first captive company vested with securing Gemini custody; the company was being licensed the BMA (Bermuda Monetary Authority). Gemini … Continue reading Gemini Launches Insurance Company Resulting in the Highest Custody Insurance Coverage in the Crypto Market

$134 Million Deal Closed By Real Estate Company Using Blockchain in Switzerland

Switzerland has just recorded one of its first real estate tokenization and sale on the blockchain. The asset involved in this transaction is a building sitting on the prestigious Bahnhofstrasse in Zürich. This is seen to have happened in a time where the adoption of blockchain in real estates has started to heat up. The … Continue reading $134 Million Deal Closed By Real Estate Company Using Blockchain in Switzerland

Indian Woman Caught After Stealing 63.5 Bitcoins From Company She Co-Founded

Ayushi Jain, a 26-year-old Indian woman, has been arrested by police after she stole 63.5 Bitcoins worth approximately $420,000 from Bengaluru-based BitCipher Labs LLP, a company she co-founded with Ashish Singhal. Following the split up between the co-founders in December 2019, Ayushi decided to go on a looting spree and fled with the Bitcoins between … Continue reading Indian Woman Caught After Stealing 63.5 Bitcoins From Company She Co-Founded

Former CEO of Hong Kong Listed Company Joins Worldmoney as Shareholder

Worldmoney Financial Blockchain Co., Ltd (“Worldmoney”), the parent company of Blockchain.News, has announced the addition of Mr. Chau Cheuk Wah as a company shareholder. Chau is the former CEO and Executive Director of Universal Technologies Holding Limited (Stock Code: 1026) serving from 2013 to 2019. Chau brings with him over 40 years of experience in … Continue reading Former CEO of Hong Kong Listed Company Joins Worldmoney as Shareholder

Bitmain Responds to Former Co-Founder Claims of Holding 36% Company Stock as Baseless

The world’s largest crypto mining rig supplier Bitmain recently issued a statement, condemning fired co-founder Micree Ketuan Zhan’s efforts to regain control of the company. Bitmain strongly condemned the former CEO after a court sided with Zhan in an ongoing lawsuit. Bitmain faces an uphill battle After his dismissal as the CEO of Bitmain, Zhan … Continue reading Bitmain Responds to Former Co-Founder Claims of Holding 36% Company Stock as Baseless

Chinese Tech Company Tencent Launches Blockchain Accelerator

Tencent, the Chinese multinational conglomerate, announced, on April 29, 2020, the launch of its new blockchain accelerator which is now open to both mature and early-stage blockchain-based startups. The company specifically mentioned that it is currently looking out for 30 co-builders for the position and has listed down 3 main criteria to apply for the application.  The … Continue reading Chinese Tech Company Tencent Launches Blockchain Accelerator

Coffee Company to Use IBM Blockchain to Connect Farmers And Consumers

The J.M. Smucker Company, also known as Smucker’s, has announced that blockchain technology will be implemented in their system to trace Colombian coffee beans directly back to their source, all the while enabling consumers to support coffee farmers through the platform.  The American food manufacturer collaborated with Farmer Connect to leverage IBM Blockchain to trace the coffee beans of … Continue reading Coffee Company to Use IBM Blockchain to Connect Farmers And Consumers

Grayscale Investment Company Receives FINRA Approval to Trade Bitcoin Cash and Litecoin Publicly

The Financial Industry Regulatory Authority (FINRA) in the US has approved shares of Grayscale’s Litecoin Trust and Bitcoin Cash Trust for public trading.  New York-based Grayscale institutional investment cryptocurrency company will now make Litecoin and Bitcoin Cash available for public trading through shares of the company’s cryptocurrency trusts. This marks the first publicly-quoted securities in … Continue reading Grayscale Investment Company Receives FINRA Approval to Trade Bitcoin Cash and Litecoin Publicly

Jack Daniel’s Parent Company Brown-Forman Targeted for Ransomware by Notorious REvil

Brown-Forman, Jack Daniel’s parent company and a giant powerhouse in the alcoholic industry, recently suffered a ransomware data breach originating from REvil.  REvil ransomware gang strikes again  One of the largest American-owned spirits and wine companies in the world and the official mother company of Jack Daniel’s whiskey, Brown-Forman disclosed that they had suffered from a cyber-attack in which … Continue reading Jack Daniel’s Parent Company Brown-Forman Targeted for Ransomware by Notorious REvil

CEO Of BTCS Explains How The Company Surpassed $1M In Crypto Assets

BTCS Inc. is a publicly-traded cryptocurrency and blockchain company that recently surpassed the $1 million milestone in crypto assets under management (AUM). The landmark achievement comes after crypto prices recovered from the mid-March slump (Black Thursday). Reports indicate that Bitcoin-focused crypto hedge funds are outperforming their more-traditional counterparts. BTCS plans to pursue a measured approach … Continue reading CEO Of BTCS Explains How The Company Surpassed $1M In Crypto Assets

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