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Cryptocurrency exchange Huobi acquires Hong Kong-based Pantronics Holdings for $70M

Cryptocurrency exchange Huobi has become the largest shareholder of Pantronics Holdings, a Hong Kong-based publicly listed firm, CoinDesk reported. The companies have issued a joint statement on the acquisition. Huobi...

Shampa Mani
Thu, 30 Aug 2018, 11:09 am UTC
Business
Israeli blockchain startup Orbs establishes Seoul headquarters, partners with Kakao’s subsidiary Ground X

Israeli blockchain startup Orbs has announced its strategic expansion into South Korea and partnership with internet giant Kakaos blockchain subsidiary Ground X. Orbs has opened its Seoul headquarters, with five...

Shampa Mani
Thu, 30 Aug 2018, 06:27 am UTC
Business
Crypto industry’s who’s who pump $32M into new stablecoin project 'Terra'

A new project aimed to create a price-stable digital currency Terra has secured $32 million in a seed funding round which saw participation from well-known global funds and investment arms of leading cryptocurrency...

Shampa Mani
Thu, 30 Aug 2018, 03:26 am UTC
Business
Blockchain startup Ubitquity signs AIC Title Service as client

Blockchain platform for real estate and title recordkeeping Ubitquity on Tuesday announced that it has signed Oklahoma City-based AIC Title Service as a client. Founded in 1989, AIC Title Service is a leading provider...

Shampa Mani
Wed, 29 Aug 2018, 07:23 am UTC
Business
Deutsche Boerse buys minority stake in HQLAx to advance blockchain efforts

German stock exchange Deutsche Boerse is expanding its partnership with blockchain startup HQLAx. The companies first entered into a partnership in March of 2018 in order to build an innovative securities lending...

Shampa Mani
Wed, 29 Aug 2018, 06:12 am UTC
Business
Lloyd’s of London insures Kingdom Trust’s crypto custody platform

Lloyds of London, a leading UK-based insurance firm, is now extending its insurance cover on cryptocurrencies. Kingdom Trust, a qualified custodian for over 30 different assets, on Tuesday announced that it has secured...

Shampa Mani
Wed, 29 Aug 2018, 04:42 am UTC
Business
Morgan Creek Digital, Bitwise launch Digital Asset Index Fund for institutional investors

Digital asset management firm Morgan Creek Digital, in partnership with crypto investment startup Bitwise, has launched The Digital Asset Index Fund, designed for institutional investors. The fund will provide...

Shampa Mani
Wed, 29 Aug 2018, 01:17 am UTC
Business
TokenPost launches ‘PUBLISH’ service, blockchain newswire and data feed service for publishers

TokenPost Korea announced Wednesday the launch of its PUBLISH service, a dedicated blockchain and crypto-related news and data-sharing initiative. TokenPost, a sister company of the EconoTimes and the organizer of the...

Jean-Luc Leese
Wed, 29 Aug 2018, 01:08 am UTC
Business
Stellar Lumens surpasses 1M accounts on its ledger

Stellar Lumens (XLM) has surpassed 1,000,000 accounts milestone on its ledger, according to the latest data from Stellar Expert the block explorer and analytics platform for Stellar Network. New #Stellar...

Shampa Mani
Tue, 28 Aug 2018, 10:12 am UTC
Business
CULedger on track to raise $10M in Series A for credit union-focused DLT platform

​CULedger, a credit union service organization (CUSO) focused on distributed ledger technology (DLT), has announced that it has raised $8.5 million in Series A funding, which will continue through November 18,...

Shampa Mani
Tue, 28 Aug 2018, 09:16 am UTC
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