Biotech Giant Plans to Securely Share Genetic Data on a Blockchain
A biotech giant based in South Korea is turning to blockchain to allow it to share genetic data without risking patients’ privacy.
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‘Not a White Paper’: Marketing Document Details $1 Billion Bitfinex Token Sale
news New details are emerging about a planned $1 billion token sale to be held by iFinex, the parent company of Bitfinex and Tether, two cryptocurrency companies currently being sued by the state of New York for allegedly covering up a $850 million loss in customer funds. Released today on Twitter by known company shareholder…

Down 26%: Bitcoin Sees Worst Sell-Off in 7 Years as Coronavirus Spurs Flight to Safety
Mar 12, 2020 at 16:05 UTCCleaner sweeping the floor after the Wall Street stock market crash of 1929. Source: Wikimedia CommonsBitcoin (BTC) suffered its biggest drop in seven years, as fears over the spreading coronavirus triggered a new wave of selling in everything from stocks and junk bonds to cryptocurrencies. This came despite a new…

Hong Kong Fund’s Projected $400 Million Overstock Investment Ends With $5 Million Close
news GSR Capital has finally closed on its investment in tZERO, Overstock.com’s security token trading platform, after months of delays and revisions to the deal. Instead of buying $30 million of tZERO tokens, as previously agreed, the Hong Kong private equity fund invested just $5 million in tZERO equity, in the traditional form. The finalized transaction…

Securitize Launches Tokenized Platform to Revitalize Japan’s Rural Property Market
Mar 10, 2020 at 12:15 UTCUpdated Mar 10, 2020 at 12:18 UTCSecuritize Launches Tokenized Platform to Revitalize Japan’s Rural Property MarketDigital asset issuer Securitize has launched a tokenized platform aimed to encourage funding in under-invested real estate in rural Japan. Built in collaboration with Tokyo-based fintech firm LIFULL Social Funding, the crowdfunding platform has just…

Telegram Founder Durov Should Testify in SEC Case Over Gram Token: Judge
Telegram’s founder and CEO Pavel Durov, as well as two other employees, should give testimony in the SEC vs. Telegram case, a judge has ordered. According to a document signed by District Judge P. Kevin Castel at the New York Southern District Court on Monday, Durov’s deposition should take place on Jan. 7 or 8,…

Blend Seizes 82% of NFT Lending Market Share: DappRadar
In the weeks since leading non-fungible token (NFT) marketplace Blur released its lending platform Blend, it has taken 82% of total lending volume market share.According to a report from blockchain data aggregator DappRadar released on Wednesday, in its first 22 days, Blend accumulated 169,900 ETH, or about $308 million in trading volume. During that same…

Circle to Enable Cross-Chain USDC Transfers With Cosmos’s Noble Later This Month
Circle’s Cross-Chain Transfer Protocol (CCTP), an on-chain program that facilitates transfers of the dollar-linked stablecoin USDC between supported blockchains without a custodial bridge, will go live on Noble’s main network at the end of the month to offer users easy swapping.Noble, introduced in March 2023, is an application-specific blockchain built within the Cosmos ecosystem.CCTP allows

BaFin-Licensed Crypto Custodian Finoa Will Offer Regulated DeFi
Berlin-based cryptocurrency custody firm Finoa is extending its range of brokerage and crypto staking services to include easy access to a regulatory-compliant form of decentralized finance (DeFi) via the firm’s custodial wallet infrastructure.Having attained license approvals from German financial regulator BaFin earlier this year, the custody provider is offering its 300-plus institutional clients FinoaConnect, a