Energy Firm Discloses Major Crypto Losses Amid Blockchain Rebrand
A publicly owned firm chaired by a Chinese billionaire lost millions through crypto investments, yet it’s still seeking to rebrand around the tech.
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Fidelity International Tokenizes Money Market Fund on JPMorgan’s Blockchain
Fidelity International has selected JPMorgan’s Onyx Digital Assets blockchain to tokenize a money market fund.The move means improved efficiency in delivering margin requirements and a reduction in transaction costs and operational risk, Fidelity International said.Fidelity International, a London-based funds management firm, has tokenized shares in a money market fund (MMF) using JPMorgan’s Ethereum-based private blockchain

Luxembourg Passes Bill to Give Blockchain Securities Legal Status
news The European nation of Luxembourg has just passed a bill providing a legal framework for securities issued over blockchains. According to a notice published Thursday, the country’s Chamber of Deputies, the county’s parliament, passed the bill on Feb. 14 with 58 members supporting the legislation and only two voting against. Titled Bill 7363, the…

Conduct Versus Code May Be the Defining Question in Roman Storm Prosecution
The core question at the heart of the U.S. Department of Justice's case against Tornado Cash developer Roman Storm is whether he created software or controlled a service. Storm's attorneys sparred with prosecutors Friday during a three-hour-long hearing on his motion to dismiss the government's case against him, with Judge Katherine Polk Failla of the

Research Firm Favors Bitcoin ‘Covered Strangle’ Strategy to Enhance Portfolio Yield by 17%
10x Research suggests selling out-of-the-money (OTM) call and put options tied to bitcoin while holding the cryptocurrency in the spot market.The so-called covered strangle strategy will generate a 17% yield, in addition to the upside from the spot market holdingBitcoin (BTC) investors looking to generate extra income in addition to their spot market holdings should

Blockchain.com’s New GBP Gateway Creates a Crypto-Hedge Against Brexit Uncertainty
Dec 19, 2019 at 21:30 UTCBanksy mural image via Dunk/FlickrBlockchain.com’s New GBP Gateway Creates a Crypto-Hedge Against Brexit UncertaintyBlockchain.com is adding a British pound (GBP) gateway to its cryptocurrency exchange, The PIT, as it prepares for Britain’s coming separation from the European Union, or Brexit.Announced Thursday in a press release, the addition will utilize Britain's…

Vanbex Sells Intellectual Property Amid Criminal Probe Into $22 Million ICO
news Vanbex, a Canadian blockchain company mired in a criminal investigation and several lawsuits, has sold its intellectual property to Toronto-based crypto brokerage Hyperion for an undisclosed price. “This acquisition allows the value of the products and the business models they represent to continue under Hyperion’s banner,” Lisa Cheng, co-founder of Vanbex, said in a press release issued Wednesday…

ASX Postpones Roll-Out of Blockchain Settlement System to 2021
NEWS Sep 4, 2018 at 04:10 UTC | Updated Sep 4, 2018 at 07:17 UTC The Australian Securities Exchange (ASX) has pushed back the launch of a blockchain replacement for the decades-old CHESS clearing and settlement system until the second quarter of 2021 . The ASX published a new report on Tuesday in response to public…

Dogecoin Surges More Than 30% After Token’s Symbol Replaces Blue Bird as Twitter Logo
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Stephen Alpher is CoinDesk's co-regional news chief, Americas. He holds BTC above CoinDesk’s disclosure threshold of $1,000.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Dogecoin (DOGE) surged more than 30% in minutes after…