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...

Former Secret Service agent sentenced in bitcoin money laundering scheme

A former U.S. Secret Service Special Agent, who had been a member of the Baltimore Silk Road Task Force, was sentenced to prison on charges of money laundering, according to a...

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.

Department of Homeland Security awards Digital Bazaar blockchain contract

The Department of Homeland Security (DHS) Science and Technology Directorate (S&T) has awarded a $749,241 Small Business Innovation Program (SBIR) contract to Digital Bazaar to develop fit-for-purpose blockhains for identity and...

EY launches blockchain-based mobility platform

EY has launched Tesseract, a mobility platform for blockchain technology. The platform can facilitate fractional vehicle ownership, shared use and seamless multimodal transport, says EY, and can help lay the groundwork...

BitPesa raises a Series A follow-up round

BitPesa, a blockchain payments platform for Africa, with offices in Nairobi, Lagos, and London, has raised a follow-up to its Series A funding round from Greycroft as its lead investor, with Plug...

ShoCard raises $4 million

Blockchain-based identity management company ShoCard has raised $4 million. The investment was led by existing investors Morado and AME Cloud Ventures, with participation from Storm Ventures, Danhua Capital, Correlation Ventures, Recruit Strategic...

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.

Microsoft unveils open-source Coco Framework for commercial blockchain

Microsoft announced the release of the Coco Framework for commercial blockchain, on Thursday. The framework, when integrated with blockchain networks, can address commercial adoption issues like high-transaction speed, distributed governance, or confidentiality, said...

Coinbase raises $100M Series D round

Digital currency wallet and platform Coinbase has raised $100 million in a Series D funding round. The investment was led by IVP, with participation from Spark Capital, Greylock Partners, Battery Ventures,...

Overstock inks cryptocurrency integration with ShapeShift

Overstock has inked an integration with ShapeShift, an instant digital asset exchange, that allows customers to use major cryptocurrencies, including Ethereum, Litecoin, Dash, Monero, and Bitcoin Cash. ShapeShift allows digital currencies to...

Thomson Reuters launches startup incubator for transformational technologies

Thomson Reuters has launched an incubator as part of the Thomson Reuters Lab, an incubator located in Switzerland. The incubator will host early-stage entrepreneurs building products in big data, advanced analytics,...

First quantum-secured blockchain technology tested in Moscow — MIT Technology Review

Russian scientists are using quantum mechanics to ensure the security of blockchains. Here is a link to a business impact feature done my the MIT Technology Review.

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....

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...