Airbnb Co-Founder Backs $22 Million Funding for Crypto Dealer SFOX A cryptocurrency dealer for institutional investors and high-net-worth individuals has closed a Series A funding round of $22.7 million.… Read More
Pantera Capital Raises $71 Million for Third Crypto Venture Fund Blockchain investment company Pantera Capital has launched a new crypto fund with over $71 million already committed.… Read More
South Korea Budgets $880 Million for Tech Including Blockchain The South Korean government will invest over $880 million next year in order to boost the development of innovative technologies including blockchain.… Read More
BMO, Pension Plan Pilot Blockchain for Fixed Income Issuance Canadian financial firm BMO Capital Markets is working with the Ontario Teachers’ Pension Plan on a new blockchain pilot.… Read More
Coinbase Acquires Digital Identity Startup Distributed Systems Coinbase is advancing its push into developing a secure digital identity platform by acquiring San Francisco-based startup Distributed Systems.… Read More
AT&T Sued for $224 Million After Phone Hackers Rob Crypto Investor Michael Terpin is suing AT&T, claiming the company’s failure to protect his cell phone data lead to hackers stealing $24 million in cryptocurrencies.… Read More
SEC Expands Inquiry Into Riot Blockchain, Filing Reveals The legal woes of biotech company-turned-crypto miner Riot Blockchain don’t appear to be slowing down.… Read More
Insurance Ratings Bureau Pilots IBM Blockchain for Automatic Reporting The American Association of Insurance Services is turning to IBM Blockchain to support a new automated insurance reporting tool.… Read More
30% of UK Firms Hit by Crypto Mining Malware in a Month: Survey Almost a third of U.K. businesses said they had been hit by cryptocurrency mining malware within the previous month, according to new research.… Read More
Korean Blockchain Groups Blast Plan to Strip Crypto Exchange Benefits Several blockchain associations in South Korea are pushing back against a government proposal they fear will stifle industry innovation.… Read More