Blockchain 

BitMEX Owner Awards $60K Grant to Bitcoin Developer Michael Ford

Bitcoin Core contributor Michael Ford, aka “fanquake,” has been awarded a $60,000 grant by the parent firm of top crypto derivatives platform BitMEX. In an official announcement published on July 12, BitMEX owner and operator HDR Global Trading revealed its decision to award Ford the grant, noting that he has just recently been made the latest official maintainer of the Bitcoin Core software project.  This means that the developer’s key has been added to the “trusted keys list” file on GitHub — giving him the ability to merge in changes…

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Blockchain 

Louis Vuitton and Christian Dior Owner Unveils Blockchain Platform to Verify Luxury Goods

ConsenSys has teamed up with LVMH and Microsoft to build a blockchain-powered platform that allows consumers to verify the authenticity of luxury goods, according to a news release on May 16. The consortium says the system, known as Aura, is designed to “serve the entire luxury industry with powerful product tracking and tracing services.” LVMH brands including Louis Vuitton and Christian Dior are already involved in the project — and discussions are underway to extend Aura to other high-end names within the group. The news release added: “AURA makes it possible for consumers…

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Bitcoin 

BitMEX Owner Partners With Trading Technologies to Expand Crypto Trading Base and Tools

United States-based professional trading infrastructure firm Trading Technologies International (TT) has partnered with the parent company of Hong Kong cryptocurrency derivatives trading platform BitMEX to open up its products to crypto derivatives traders. TT announced the news in a press release on April 17. As the press release notes, the partnership is between TT and the owner of BitMEX, HDR Global Trading. TT, which offers various market access tools and services, will now offer its market tools to BitMEX traders through its TT platform. Similarly, TT traders will be able…

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Bitcoin 

Coincheck Owner Mulls Addition of Crypto to Its Retail Offerings

Online brokerage Monex Group Inc., owner of the hacked Japanese crypto exchange Coincheck, is considering adding crypto to its retail client offerings in a bid to become more competitive in the local brokerage market. The news was reported by Bloomberg on April 15. As previously reported, Monex acquired Coincheck in April 2018 in the wake of the exchange’s industry record breaking $532 million hack in January of that year. According to Bloomberg, Monex now sees its Coincheck involvement as potentially instrumental in restoring its erstwhile market dominance. Founded in 1999,…

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Bitcoin 

Coincheck Owner Monex Group Announces Major Management Changes

The Japanese broker that acquired the hacked cryptocurrency exchange Coincheck in April 2018 has announced major changes in its management structure. The news was revealed in a press release published on March 27. The current representative executive officer and president of Monex group, Oki Matsumoto, will now also be the representative director and chairman of Monex, as well as chairman of Coincheck. Per the announcement, within Monex, “diverse employees will be aggressively promoted to managerial positions.” The press release also reveals that three Coincheck executive directors will also serve as…

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Blockchain 

Louis Vuitton, Christian Dior Owner Develops DLT Project With ConsenSys and Azure

French luxury goods giant Moët Hennessy Louis Vuitton SE (LVMH) is reportedly working with ConsenSys and Microsoft Azure to develop a blockchain platform for tracking its products, crypto media agency CoinDesk reports on March 26. Dubbed AURA, the blockchain-powered platform is reportedly scheduled to go live in May or June 2019 with two major LVMH subsidiaries: Louis Vuitton and Parfums Christian Dior. Louis Vuitton is French fashion house founded in 1854 and known for its signature LV logo, while Parfums Christian Dior is the perfumery and cosmetics line of other…

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Blockchain 

Owner of ICO That Never Happened Attempts to Sell Project on eBay for $60,000

The owner of a startup that never launched its initial coin offering (ICO) is trying to sell the project on eBbay for $60,000, according to an offer on the e-commerce website that expires Friday, March 29. The startup, named “Sponsy,” is described as a blockchain project that is fully prepared to launch both ICO and security token offerings (STO). The author of the offer claims that the project was audited by an investment firm and approved by investment bankers. Moreover, the advertisement states that the solutions developed by Sponsy comply…

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Blockchain 

Owner of Indeed and Glassdoor Job Search Engines Invests In Privacy Coin Project Beam

Japanese employment information services company Recruit Co., Ltd. has invested in a blockchain-focused company Beam Development Limited, according to an announcement published on Feb. 18. Per today’s press release, Recruit has invested in Israeli blockchain startup Beam Development Limited. The investment was made through Recruit’s $25 million fund called RSP Blockchain Tech Fund Pte. Ltd. The latter is focused on investing and acquiring shares in blockchain and cryptocurrency companies. Beam is a privacy-oriented crypto project that purportedly secures transactions by enabling transaction data to be verified by a specified third…

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Blockchain 

Owner of Hacked Crypto Exchange BitGrail Sentenced to Return Funds to Customers

Francesco Firano, the owner and founder of hacked Italian cryptocurrency exchange BitGrail, has been sentenced to return as much of the assets to his customers as possible. Scans of the court decision were released by the Bit Grail Victims Group (BGVG) on Medium on Jan. 28. The Italian Bankruptcy Court published the sentence on Jan. 21. A post by the BGVG published the same day as the court sentence explains that “the court concluded that both Bitgrail and Mr. Firano, personally, be declared bankrupt, authorizing seizures of many of Mr.…

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Bitcoin 

Coincheck Owner Monex Warns of Scammers Impersonating Its Businesses

Japanese online broker Monex Group, owner of hacked cryptocurrency exchange Coincheck, warned of a new scam claiming to be related to its business in a news release on Jan. 28. The scam, about which only brief details have been released, involves potential victims receiving calls from an entity dubbed “Monex Coin Management.” They are then invited to call a form of automated trading system linked to Monex, the release states, something that does not exist in practice. “The Monex Group and (subsidiaries) do not have any relation with the above…

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