business news
SpankChain Launches Crypto Payments Service for Adult Content Providers
Adult industry-oriented blockchain project SpankChain has launched a crypto payments platform called, of course, SpankPay.

Investors Can Now Trade Ether and British Pounds on the Same Blockchain
LAB577, a team of ex-Royal Bank of Scotland engineers, has built a system for settling crypto and fiat trades on R3's Corda Network.

NBA and 'CryptoKitties' Creator Team Up to Launch In-Game Collectables
You can now buy in-season highlights from the NBA's biggest stars via the creators of CryptoKitties.

Kraken Boosts Institutional Offerings With Acquisition of Dan Held's Interchange
Cryptocurrency exchange Kraken has acquired Interchange, a startup offering a way for institutional investors to better manage their portfolios.

Airline's Blockchain Ticketing Platform Sees $1 Million in July Sales
Russia's second largest airline is touting the benefits of blockchain after a ticketing platform it developed raked in over $1 million in a month.

Sony Co-Leads €13 Million Raise for Crypto Banking Startup Bitwala
Bitwala raised almost $14.5 million in a Series A funding round led by Sony Financial Ventures and NKB Group.

UK Finance Watchdog Issues Guidance on Regulation for Bitcoin and Crypto Assets
The U.K.'s Financial Conduct Authority has finalized its guidance on crypto assets following a consultation which began in January.

Blockchain Insurance Group B3i Launches First Product on R3's Corda
B3i, a consortium startup working to use blockchain tech in the insurance industry, has launched its first product on R3's Corda platform.

Bitcoin Miner Maker Canaan Confidentially Files for IPO in US: Report
Canaan Creative, the major bitcoin miner manufacturer, has confidentially filed for an IPO in the U.S., say IFRAsia sources.

Philippines' UnionBank Launches Stablecoin, Conducts Country's First Bank Blockchain Transaction
The group ran its first transaction between three rural banks in an effort to improve its remittance offerings.
