business news


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Mt Gox to Enter Civil Rehabilitation in Major Win for Creditors

Mt. Gox's bankruptcy proceedings have been halted and its bitcoin holdings could soon be distributed to creditors seeking reimbursement.

BTC chart

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Fur Real? Businesses Test CryptoKitties-Inspired Ethereum Tech

Startup Arianee believes the token technology can be used to help luxury brands create unique identities for bespoke handbags and expensive watches.

cat

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FCoin Crypto Exchange Draws Fire for Controversial Business Model

FCoin has launched to spiking trading volumes by utilizing a new revenue model called "trans-fee mining," but the method has been likened to an ICO.

tomato, critic

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Korean Government to Lead 6 Blockchain Pilots With $9 Million Fund

A South Korean government agency has announced a plan to boost blockchain adoption in the country.

seoul

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Ripple CEO Defends XRP's Utility at Fintech Conference

"Let's be clear: Ripple is different than XRP," said Ripple head Brad Garlinghouse during day two of CB Insights' Future of Fintech conference.

brad garlinghouse

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Bitcoin Just Got a Shoutout in a New US Supreme Court Opinion

That's not something you see every day: an opinion from the U.S. Supreme Court that makes a reference to cryptocurrencies.

SC

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Cheetah's New App Lets Crypto Investors Track Portfolios on the Go

Beijing-based app developer Cheetah Mobile is releasing an app that lets investors monitor cryptocurrency portfolios over multiple platforms.

mobile trading

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Amsterdam Airport Lets Travelers Swap Leftover Euros for Crypto

Amsterdam's Schiphol airport has launched an ATM that allows departing travelers to exchange their remaining euros for bitcoin or ethereum.

airplane, engine

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National Chinese Science Academy Launches Blockchain Lab

China's federal science institution, the Chinese Academy of Sciences, is eyeing blockchain technology, the school announced this week. 

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Bloomberg Terminal Adds Huobi's Cryptocurrency Market Index

Financial data firm Bloomberg is now providing the HB10 crypto market index launched by crypto exchange Huobi on its terminal service.

bloomberg