business news

PetSmart Just Made One of the Biggest Ecommerce Acquisitions Ever

PetSmart Just Made One of the Biggest Ecommerce Acquisitions Ever

This week's episode also features Purple, a disruptive mattress company, and a new Spotify analytics dashboard for artists.
A Private Equity Firm Announces Plans to Buy WebMD

A Private Equity Firm Announces Plans to Buy WebMD

Plus, Michael Kors buys Jimmy Choo for $1.2 billion, and a tech-enabled food startup, The Town Kitchen, closes a $1 million seed round.

BTC to DLT: Why Aren't Banks Giving Blockchain Startups Accounts?

A recent report by the FCA recognized that cryptocurrency startups have a hard time getting bank accounts. CoinDesk's Noelle Acheson looks at why.

Veteran Observer Tech Reporter Joins CoinDesk Editorial Team

CoinDesk has added a valuable new member to its U.S. editorial division – veteran Observer reporter Brady Dale.

The Last Hurdle: Liquidity Alliance Closes in on Distributed Ledger Launch

A group of central securities depositories is ready to launch a blockchain, but there's still one last hurdle: a regulatory green light.

More Blockchain Pilots Needed, Says US Treasury Official

An official involved with the US Treasury's distributed ledger trial wants to see more government testing around the tech.

EU Government Pegs Blockchain as Beneficiary of €30 Billion Research Fund

The European Commission has announced €30 billion on new investments in technology initiatives including those involving blockchain.

Meet Earn.com: 21 Rebrands Social Network In Shift Away from Bitcoin

21 Inc, once a maker of bitcoin mining hardware, is rebranding to emphasize its recent focus on using digital currency to power a social network.

R3 Unveils Cross-Border Payments Platform Built on Corda DLT Tech

R3 and 22 of its member banks have announced a cross-border payments platform built on top of the company's Corda distributed ledger.

US Government Research Lab Eyes Blockchain in Energy Data Tests

A research lab within the U.S. Department of Energy has revealed it is exploring the application of blockchain in next-generation power grids.

Not a Consortium: Banks Form For-Profit Entity for Blockchain Supply Chain

A group of banks is charting forward a new course for how to design a blockchain venture – and this time it's seeking for-profit benefits.

Vietnam's Central Bank Announces Ban on Bitcoin Payments

The State Bank of Vietnam has issued a statement banning the use of bitcoin and other cryptocurrencies in payments from Jan. 1, 2018.

London Stock Exchange Exec: Fiat Cash Impeding Blockchain Trials

An exec from the London Stock Exchange hinted at growing pains for bank blockchains Tueday, suggesting fiat currencies may be hindering innovation.

Startup Wickr Hints at Vision for Blockchain in Private Messaging

The company behind Wickr, the privacy-oriented instant message app, has been awarded a patent that proposes using blockchain to maintain chat records.

British Telecom Awarded Patent for Blockchain Security Method

The U.K.'s largest internet and telecoms provider, BT, has been awarded a patent for a method to prevent malicious attacks on blockchains.

A More User-Friendly Bitcoin Market? OpenBazaar Version 2.0 Is Here

The startup behind OpenBazaar has released version 2.0 of its popular bitcoin market, with new features and more user-friendly interface.

Amazon Subsidiary Registers Cryptocurrency and Ethereum Domains

E-commerce giant Amazon has registered three cryptocurrency-related web domains, online records show.

Ex-Credit Suisse Exec to Launch ICO for Luxury Good Platform

A former executive for Credit Suisse is preparing to launch an initial coin offering (ICO) for a new ethereum-based startup.

Free Market Forks? Bitcoin Startups Love the Idea But Brace for Reality

Bitcoin startups that were once sold on Segwit2x are preparing for a split, signaling that the market should decide how the hard fork plays out.

Nasdaq Exec: Blockchain Progress Slow Amid Real-World Roadblocks

Far from big leaps, modernizing the financial system with blockchain will take small steps, according to an executive from Nasdaq Clearing.