Tag: commerce

Japan: E-Commerce Giant Rakuten to Move Crypto Exchange to New Payments Subsidiary

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Japanese e-commerce giant Rakuten will control its crypto exchange and prepaid card service through a new setup called Rakuten Payment. Japanese e-commerce firm Rakuten has announced a revision to its corporate restructure, setting up a new payments subsidiary that includes its cryptocurrency business, Cointelegraph Japan reported Jan. 21. Rakuten, known informally as ‘Japan’s Amazon,’ originally […]

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UPS Unveils Equity Investment and Partnership With Blockchain B2B Firm Inxeption

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An undisclosed investment from UPS reveals a commitment to blockchain profitability after cautionary statements from the logistics giant. The investment arm of logistics giant UPS has made an undisclosed equity investment in United States enterprise blockchain company Inxeption, the firm confirmed in a press release Jan 16. Inxeption, which began operations in 2017, aims to […]

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Washington’s Douglas County is Looking to Build a Blockchain Innovation Campus

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Local officials of United States’ Douglas County located in central Washington want to build a blockchain innovation campus. Local officials of United States’ Douglas County located in central Washington want to build a blockchain innovation campus, local daily newspaper The Seattle Times reports on Jan. 11. According to the aforementioned article, the county is already […]

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Mongolia Partners With Stablecoin to Use Blockchain for Lending Services, Money Transfers

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Mongolia’s capital city administration is set to replace utility bills and government subsidies with blockchain-based payment methods. Mongolia’s capital city of Ulaanbaatar has partnered with a stablecoin company to release instant money transfer and lending services, Asia’s largest tech media platform e27 reported on Jan. 11. Ulaanbaatar City’s administration has agreed to partner with a […]

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Overstock’s Security Token Trading Platform to Give Investors Control Over Token-Holdings

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Overstock’s tZero has began allowing investors to choose where to put their security tokens. The security token exchange subsidiary of e-commerce retail giant Overstock, tZero, has started releasing control of its tokens, according to a letter to investors released on Jan. 11. Last August, the subsidiary had announced that its security token offering would close, […]

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Overstock’s tZERO Receives Patent for ‘Crypto Integration Platform’

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Overstock.com’s tZERO has been awarded a patent for a system that will reportedly help integrate crypto trading with legacy trading. E-commerce giant Overstock.com’s cryptocurrency subsidiary tZERO has filed a patent for a “crypto integration platform” for trading digital assets. The patent was published by the United States Patent and Trademark Office on Jan. 1. The […]

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Hodler’s Digest, Dec. 31 – Jan. 6: Top Stories, Price Movements, Quotes and FUD of the Week

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A Georgian state senator reports to jail over alleged crypto mining equipment theft, and Bakkt closes a $182.5 million funding round. Top Stories This Week Georgia State Senator Reports to Jail Over Alleged Theft of Crypto Mining Equipment Republican state senator of Georgia has reported to jail in the United States for allegedly lying about […]

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