WeChat Eyes Blockchain for Faster Refunds of Company Expenses
WeChat owner Tencent thinks blockchain can speed up reimbursement of expenses for company employees and it’s trialing a feature to do just that.
Related Posts


Bankrupt Crypto Hedge Fund 3AC’s Su Zhu Apprehended in Singapore, Liquidator Says
Please note that our privacy policy, terms of use, cookies, and do not sell my personal informationhas been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk

Brazil to Rule on Probe Into Banks’ Rejection of Crypto Firms
May 20, 2020 at 14:51 UTCUpdated May 20, 2020 at 15:15 UTC“No company, no enterprise can survive in capitalism without access to the financial system,” said lawyer Fernando de Magalhães Furlan. (Credit: Tupungato / Shutterstock)Brazil to Rule on Probe Into Banks’ Rejection of Crypto FirmsBrazil’s national competition regulator is poised to rule on whether some…

Singapore Power Unveils Blockchain Market for Renewable Energy Trading
NEWS Oct 29, 2018 at 13:00 UTC Singapore Power Group, the country's energy utilities provider, has launched a blockchain-powered marketplace for renewable energy certificates (RECs). The company announced in a press release Monday that the platform is "designed and built in-house" and enables organizations to trade in RECs – tradable certificates that represent energy generated…

Employers Can Now Pay Salaries in Ether Via Crypto Startup Bitwage
news Bitwage, a startup that helps companies pay their employees in cryptocurrency, has added ether as a payroll option. Announced Monday, companies that want to offer tax and HR-compliant ether benefits can sign up to offer it as a benefit to employees. The company has been providing direct deposits of bitcoin since 2014, and serves over…

More Profit-Taking? Bitcoin Price Sags 7% Ahead of Easter Weekend
Apr 10, 2020 at 16:10 UTCUpdated Apr 10, 2020 at 16:35 UTCMost top-25 cryptos by market cap drooped 8 percent, with bitcoin remaining the sole exception. (Credit: Shutterstock)Major cryptocurrency markets fell 7 percent over the past 24 hours, with bitcoin (BTC) retreating below $7,000.While traditional stocks saw modest gains during early trading hours Friday, the…

Upbit Exchange Resumes Ether Services Months After $49M Hack
Jan 14, 2020 at 13:30 UTCSouth Korea-based Upbit has restarted ether wallet services nearly two months after hackers made off with $49 million-worth of the cryptocurrency.The exchange recently announced that following an upgrade to its wallet security system, the platform is once more able to support ETH deposits and withdrawals. A tweet indicated that the…

Blockchain’s First Hardware Wallet Will Let You Trade Crypto for Crypto
One of the oldest software wallet providers in the cryptocurrency industry is launching its first hardware product. Announced Thursday, Blockchain has partnered with hardware wallet maker Ledger and started taking orders for a new handheld device called Lockbox. The first batch of shipments will go out in November. While there are a number of hardware…

First Mover: Bitcoin Acts Like a Tech Stock and Ethereum Classic Traders Shrug Off 51% Attacks
Sep 9, 2020 at 12:49 UTCUpdated Sep 9, 2020 at 13:19 UTCThe Nasdaq is the primary venue for U.S. listed tech stocks (Shutterstock)First Mover: Bitcoin Acts Like a Tech Stock and Ethereum Classic Traders Shrug Off 51% AttacksYou’re reading First Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team and edited by Bradley Keoun,…