Mizuho Financial Group and IBM working on blockchain test project

Japanese financial services company Mizuho Financial Group and IBM are working on a pilot project to test the feasibility of using blockchains as virtual currency in the organization's settlement business. Mizuho will be exploring...

Buffett on cryptocurrencies: ‘I can say almost with certainty that they will come to...

Warren Buffett tells CNBC the recent craze over bitcoin and other cryptocurrencies won't end well, Berkeley Lovelace Jr. writes. Here is the link: https://www.cnbc.com/2018/01/10/buffett-says-cyrptocurrencies-will-almost-certainly-end-badly.html

BitPay raises $40 million

Global blockchain payments provider BitPay has closed a $40 Million extended Series B funding round.

PayStand raises $6 million

B2B payment solutions company PayStand has raised a $6 million Series A round led by BlueRun Ventures with participation from Cervin Ventures, Serra Ventures, TiE and Capital for Founders. PayStand will use this...

Zaif cryptocurrency exchange loses $60 million in recent hack — ZDNet

Japanese cryptocurrency exchange Zaif has lost $60 million worth of company and user funds, writes Catalin Cimpanu. Here is the link: https://www.zdnet.com/article/zaif-cryptocurrency-exchange-loses-60-million-in-july-hack/

Infosys partners with Emirates NBD, ICICI Bank to launch UAE-India blockchain pilot

EdgeVerve Systems, a wholly owned product subsidiary of Infosys, banking group Emirates NBD, and ICICI Bank, launched a pilot project of blockchain network for international remittances and trade finance. Both, Emirates NBD...

A very dumb mistake costs cryptocurrency investors big time — Wired

Scammers managed to compromise account security at financial services developer Enigma, scamming supporters off some $500,000 just before the company's initial coin offering in September. Wired author Lily Hay Newman writes.

Maersk, IBM Introduce TradeLens blockchain shipping solution

A.P. Moller –Maersk and IBM have announced the creation of TradeLens, a jointly developed blockchain-enabled shipping solution by the two companies.

Investing in ICOs may be even riskier than you realize

Investing in the burgeoning world of initial coin offerings may be even riskier than it appears, warns Olga Kharif of Bloomberg. Here is the link.

Voatz raises $2.2 million

Voatz, a mobile focused election voting and citizen engagement platform, has raised roughly $2.2 million in seed round funding.

IBM, Santiago Exchange introducing securities lending blockchain solution

IBM and Chile's Santiago Exchange have inked a partnership to introduce blockchain technology across the country's financial sector. The agreement makes the Santiago Exchange the first stock market in Latin America to apply...

ITAMCO awarded DARPA grant to develop messaging platform

Indiana Technology and Manufacturing Companies (ITAMCO) has been awarded a Phase 1 grant from the Defense Advanced Research Projects Agency (DARPA) to develop a secure messaging and transaction platform for the U.S....

Citi, CME Group implement distributed ledger

Citi and CME Clearing have implemented a real-time distributed ledger platform developed by Baton Systems.

Consumers will be able to exchange bonus points using Blockchain, says IBM

Consumers will be able to exchange bonus points from among any of the banks they do business with to select the rewards they want, said IBM in a statement. IBM China...

Tech Mahindra, Microsoft to develop blockchain-based solution to curb spam calls — Hindustan Times

Software major Tech Mahindra is partnering with Microsoft to create a Blockchain-based solution to fight spam calls, according to the report. Here is the link: https://www.hindustantimes.com/tech/tech-mahindra-microsoft-to-develop-blockchain-based-solution-to-curb-spam-calls/story-QQSn4Eylgyu0IpnakhgBnJ.html