Capital Markets

Bitmain Denies Reports CEO Jihan Wu Ousted from Bitcoin Miner’s Board

| Wolfie Zhao

Mining giant Bitmain says CEO Jihan Wu still serves on its board, despite media reports to the contrary.

Bitcoin Miner Canaan’s IPO Likely Delayed After Hong Kong Filing Expires

| Wolfie Zhao

Canaan Creative's IPO may be in doubt as the bitcoin mining firm's filing with the Hong Kong Stock Exchange has now lapsed.

Singapore’s Central Bank, SGX Develop Blockchain Settlement System

| Yogita Khatri

The Monetary Authority of Singapore and the nation's stock exchange have developed a blockchain-based settlement system for tokenized assets.

Crypto Exchanges Must ‘Grow or Die,’ Says Exec at Fintech Firm Cinnober

| Anna Baydakova

Cinnober, a fintech company founded a full decade before the bitcoin white paper came out, wants to help today's crypto trading platforms mature.

DTCC

15 Banks Join DTCC Post-Trade Blockchain as Project Enters Testing

| Ian Allison

The Depository Trust & Clearing Corporation is now testing its main blockchain project with 15 global banks, before taking the tech live in 2019. 

DeVere Group Targets Arbitrage With New Crypto Fund

| Yogita Khatri

U.K.-based financial advisory firm deVere Group has launched an actively managed fund offering investors exposure to cryptocurrencies.

Coinbase’s Head of Trading Resigns After Six Months on Job

| Ian Allison

The head of trading at Coinbase, Hunter Merghart, has resigned just six months after joining the crypto startup from Barclays, CoinDesk has learned.

Hong Kong Stock Exchange Taps Digital Asset for Post-Trade Blockchain Trial

| Yogita Khatri

The Hong Kong Stock Exchange has teamed up with DLT startup Digital Asset to develop a blockchain platform for post-trade processing.

Ethereum’s Biggest Enterprise Group Is Releasing New Software Specs

| Ian Allison

The largest blockchain consortium has released its latest round of specifications – the next steps to harmonizing the way big companies use…

Germany’s Central Bank Claims Success in Blockchain Settlement Trial

| Yogita Khatri

Germany's central bank and Deutsche Börse say they have successfully completed a blockchain trial for securities settlement.