Blockchain Startup Stox and Founder Sued for $4.6 Million Over Alleged Fraud

A Chinese investor has sued a prominent Israeli crypto entrepreneur and his blockchain-based prediction market platform for $4.6 million over alleged fraud. A Chinese investor has sued a prominent Israeli crypto entrepreneur and his blockchain firm Stox (STX) over alleged fraud, English-language newspaper The Times of Israel reports Jan. 25. The investor, Zhewen Hu, is […]

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40% of Investors Say Blockchain Could Be ‘Most Transformative’ Tech Since Internet: Survey

71 Institutional investors gave their views on blockchain in a survey revealed at the World Economic Forum this week. 40 percent of institutional investors believe blockchain may be the most important innovation since the internet, according to a survey by trade association the Global Blockchain Business Council (GBBC), shared with Cointelegraph Jan. 24. The opinions […]

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Cybersecurity Firm WISeKey, Tech Holding Censof Announce Malaysian Blockchain Center

Latest partnership is the second blockchain-related announcement from cybersecurity firm WISeKey this week. Swiss-based cybersecurity firm WISeKey and a subsidiary of Malaysian tech investment holding Censof announced a partnership to expand blockchain activities, according to a press release Jan. 25. WISeKey, which focuses on secure authentication and identification using a cryptographic tool called Root of […]

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Insurance Giant Aetna Partners With IBM on Blockchain Network for Healthcare Industry

American health insurance giant Aetna, together with other major insurers, has partnered with IBM to create a blockchain network tailored to the healthcare industry. United States-based health insurance giant Aetna has partnered with IBM to create a blockchain network tailored to the healthcare industry, Reuters reported Jan. 24. Estimated to serve over 39 million clients […]

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Overstock’s tZERO Security Token Platform Begins Live Trading

Retail giant Overstock.com’s crypto subsidiary tZERO announced that secondary trading of tZERO tokens is now live. E-commerce giant Overstock.com’s cryptocurrency subsidiary tZERO announced that secondary trading of tZERO tokens is now live, according to a press release published Jan. 24. Per the release, accredited investors can trade the security tokens through a digital securities brokerage […]

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