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An organization called The DAO, running on the Ethereum platform, has raised more than $118 million USD in ether, as of Monday afternoon, in a crowdfunding campaign that is just over two weeks old. As its name entails – DAO stands for Decentralized Autonomous Organization –...

There’s an uptick in consumers who use alternative payment methods, according to a new U.S. survey conducted by Blackhawk Network, a prepaid and payments company. According to the “How American Pays in 2016” report, based on responses from 1,037 Americans (18+), mobile wallet...

The Bank of Japan has its eyes on the technology underpinning bitcoin and other digital currencies. In recent remarks at the Conference on Retail Payments, reported EconoTimes, Bank of Japan Deputy Governor Hiroshi Nakaso said conventional financial infrastructure is built around...

In March, Commodity Futures Trading Commission (CFTC) Commissioner J. Christopher Giancarlo called for the adoption of a “do no harm” regulatory doctrine toward the development of blockchain, akin to the edict the U.S. government made regarding the Internet’s growth more than 20...

Cryptographer Nick Szabo, an early pioneer of bitcoin and the father of “smart contracts,” is raising funds to support a bitcoin startup, reported Quartz. The news outlet, which spoke to sources and reviewed a pitch deck, said Szabo is in talks to raise $3 million. An individual...

Financial innovation firm R3 CEV aims to raise $200 million from its major bank backers as it prepares to spin out a portion of its operation, reported Financial News, which spoke to individuals familiar with the initiative. The news agency said R3 is asking its members for funds...

Tech Bureau, a Japanese blockchain company that also operates one of the country’s largest cryptocurrency exchanges, has closed a Series A financing round in which it has raised ¥670 million ($6.2 million). According to a report by SMN Weekly, investors include Japanese financial...

At the 2016 Consensus blockchain conference last week, Bloq revealed its first product: a multi-pronged blockchain software solution that allows enterprise users to create, update and analyze their own public, private and permissioned blockchains. The product, called...

The trustee of the collapsed Tokyo-based Mt. Gox bitcoin exchange issued a notice Wednesday, stating that plans to release of a list of bitcoin addresses controlled by the debtor (Mt. Gox) have been suspended, according to a report by LeapRate. The statement, issued to creditors,...

Bitcoin business operators in Japan are closely observing the country’s legislature as it deliberates bills to regulate the digital currency, reported The Japan Times. Learning from the Mt. Gox fallout, the government is poised to put bitcoin operators under its watch, as well as...