FedEx Blockchain Strategist Sees Teamwork as Key to Developing Blockchain Business Models

Senior executives acknowledged the technology is not yet superior for its purposes, while remaining optimistic about development. A senior executive from American delivery services company FedEx is unconvinced about the benefits of blockchain technology in its present form, Memphis-based local news outlet Commercial Appeal reported on May 20. In a new interview, the firm’s dedicated […]

Continue Reading

Report: Former Barclays Exec Joins Fidelity Investments to Work on Digital Assets

Former executive of British investment bank Barclays, Chris Tyrer, has joined American financial services corporation Fidelity Investments. A former executive of British investment bank Barclays, Chris Tyrer, has joined Fidelity Digital Assets, the crypto platform of American financial services corporation Fidelity Investments, Finance Magnates reported on April 30. Tyrer began working on digital assets for […]

Continue Reading

Over $100 Million Missing: CoinBene Claims Maintenance, a Month of Questions Point Toward a Hack

Back in March 2019, the CoinBene cryptocurrency exchange denied that it suffered a hack but claimed to be undergoing maintenance, despite losing 109 ERC-20 tokens worth about $105 million. Remember CoinBene, the cryptocurrency exchange platform that denied being hacked at the end of March 2019, and instead saying it was undergoing maintenance? Well, it turns […]

Continue Reading

Coinbase Closes Chicago Office and Scales Down Work on Matching Engine

Major United States-based cryptocurrency exchange Coinbase shut down its Chicago office and scaled down the development of its matching engine. Major United States-based cryptocurrency exchange Coinbase shut down its Chicago office and scaled down the development of its matching engine, Fortune reports on April 23. Per the report, the exchange will consolidate the high-frequency trading […]

Continue Reading

Research: White Paper Writers Can Earn $50K, But Say Startups Often Mislead Investors

White paper writers reportedly say they are “constantly required to fabricate and exaggerate facts.” White paper writers are earning up to $50,000 per job, according to a Decrypt investigation published on April 22— but the freelancers involved have accused some startups of misleading investors. The writers told the website as part of its two-week investigation that […]

Continue Reading

Lightning Torch Reaches Final Destination, Over 0.4 BTC Donated to Humanitarian Aid

Charity-focused group Bitcoin Venezuela tweeted that the Lightning Torch had reached its final destination, with all accumulated Bitcoin donated to the organization. Charity-focused organization Bitcoin Venezuela tweeted on April 10 that the so-called Lightning Torch had reached its final destination, with all accumulated Bitcoin (BTC) donated to the group. By the time it got to […]

Continue Reading