The majority of asset managers that bank with State Street are interested in digital assets such as bitcoin, but none have asked the global custodian to store them yet. …
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Canadian Government-Assisted Bitcoin Miner Files for Bankruptcy Owing Millions – CoinDesk
Great North Data, a firm that ran bitcoin mining and AI processing data centers in Canada, has filed for bankruptcy. According to bankruptcy filings late in November, the firm…
MUFG Plays Down Reports of Digital Currency Launch – CoinDesk
Update (10:40 UTC, Dec. 4, 2019): MUFG has issued a statement saying that while it has indeed agreed to enter a joint venture with Recruit, it has not made…
Binance Acquires Beijing-Based Blockchain Data Startup DappReview – CoinDesk
Binance has acquired DappReview, an evaluation platform that offers data-driven research and advertising services to blockchain-based decentralized applications (dapps). The acquisition of Beijing-based DappReview will help the world’s leading…
Ethereum Developer Virgil Griffith to Be Released From Jail Pending Trial – CoinDesk
A judge ruled that the U.S. Department of Justice has enough evidence to move a case against ethereum developer Virgil Griffith to trial. Griffith, who was arrested in Los…
The Vertcoin Cryptocurrency Just Got 51% Attacked – Again – CoinDesk
Vertcoin, a crypto project that aims to keep mining power decentralized, has suffered its second 51-percent attack in a year. The incident saw 603 genuine blocks on the Vertcoin…
Correction: Coinbase and Tagomi Deny Acquisition – CoinDesk
CORRECTION (29 November 16:21 UTC): A previous version of this story incorrectly reported that that Coinbase had acquired Tagomi for $150 million. Coinbase has not agreed to acquire the…
IBM Patents Blockchain to Stop Drones From Stealing Packages – CoinDesk
Amazon, DHL and FedEx are building drones that deliver packages to your door. IBM, however, envisions a future where drones steal them instead. The computing giant won a patent…
Coinbase Patents Automated KYC Enforcement Tool – CoinDesk
Cryptocurrency exchange Coinbase has patented a self-learning compliance enforcer that shutters “bad” user accounts. The U.S Patent and Trademark Office-issued patent, published on Nov. 19, describes an automated system…
ECB Official Says Digital Currency Could Be an Alternative to Cash – CoinDesk
A digital currency could ensure that citizens remain able to use central bank money even if cash is eventually no longer used, a European central banker said. Speaking at…