One of the world’s largest cryptocurrency and bitcoin mining companies, Bitman’s Antpool, has entered into a sponsorship agreement with popular NBA team Houston Rockets. A Step Towards Expansion The partnership signed by both outfits is for the 2018-2019 professional season and will stand out as one of the significant moves by the China-based company towards […]

The privately run UK port operator, Associated British Ports (ABP), has inked a Memorandum of Understanding with freight forwarder Marine Transport International to explore a blockchain technology application aimed at improving connectivity at the 21 ports it runs. The MOU will see ABP try out a blockchain solution developed by MTI, thereby helping ease one […]

The troubled US bank Wells Fargo is planning a steep reduction of staff that could affect more than 26,000 people. The firm said it expects headcount to decline by 5% to 10% over the next three years, through a combination of cuts and regular attrition. The move is part of an effort to make the […]

Candidates running for public offices in the U.S. state of California may not receive donations in cryptocurrencies, according to a new ruling from the state’s political watchdog. The Associated Press reported Thursday that the Fair Political Practices Commission (FPPC) for the Golden State voted 3-1 on Thursday to prohibit political donations in cryptocurrencies, citing the difficulty of […]

U.S. Securities and Exchange Commission (SEC) co-director of enforcement Stephanie Avakian mentioned in a Sept. 20 speech that the regulatory agency is most likely going to recommend “more substantial remedies” against those who fail to follow proper initial coin offering (ICO) registration requirements in the future According to a transcript of the speech posted on the SEC’s […]

A blockchain team from Royal Bank of Scotland (RBS) has left to start a blockchain “venture studio” called Chorum. Revealed exclusively to CoinDesk, Richard Crook, who headed up the RBS innovation team, takes with him engineers Mark Simpson, Ben Wyeth and Farzad Pezeshkpour. Their move is the latest in a string of departures by enterprise […]

TOKYO  – Japanese cryptocurrency firm Tech Bureau Corp said about $60 million in digital currencies were stolen from its exchange, highlighting the industry’s vulnerability despite recent efforts by authorities to make it more secure. Tech Bureau, which had already been slapped with two business improvement orders by regulators this year, said its Zaif exchange was […]

Illicit cryptocurrency mining has been surging over the past year, in part due to a leaked software tool from the US National Security Agency, researchers said Wednesday. A report by the Cyber Threat Alliance, an association of cybersecurity firms and experts, said it detected a 459 percent increase in the past year of illicit crypto […]

Market research company eMarketer estimates the company will pull in $4.61 billion in U.S. digital ad revenue this year. It makes up about 4.15 percent of the U.S. digital ad market, per eMarketer. Amazon is taking a larger chunk of the U.S. digital ad business than expected this year, according to market research firm eMarketer. EMarketer […]

By Laura Desmond Major U.S.-based content delivery network (CDN) CloudFlare has introduced a new decentralizedcontent gateway via its InterPlanetary File System (IPFS), the firm announced in a blog postSeptember 17. The announcement was made during Cloudflare Crypto Week, a week devoted to the adoption of new cryptography-powered technologies. Cloudflare’s IPFS Gateway is the first product to be released as a part […]