Blockchain & Cryptocurrencies

Hong Kong-based regulated cryptocurrency trading platform Gatecoin is attempting to bounce back from a crippling hack with a $500,000 investment from an unnamed Japanese investment group.

Coinbase has received a strategic investment of $10m from Bank of Tokyo Mitsubishi UFJ (BTMU), Mitsubishi UFJ Capital and Silicon Valley investor Sozo Ventures.

Bitcoin trading platform Coinigy has raised $400,000 in seed funding from a single unnamed angel investor.

The R3 consortium, which focuses on joint development of distributed ledger technologies, is adding its first stock exchange with Brazil’s BM&FBovespa coming on board.

Barclays has partnered with Fintech startup Wave to carry out what it claims in the first global trade transaction using blockchain technology.

Blockchain data solution Factom has raised $4.5m in a new round of funding from serial investor Tim Draper.

London-based blockchain intelligence startup Elliptic is partnering with risk management firm LexisNexis to bring anti-money laundering (AML) regulations to cryptocurrencies.

Thompson Reuters is the latest company to join a consortium of institutions, headed up by New York fintech firm R3, dedicated to developing use cases for the blockchain technology in financial markets.

The value of bitcoin slumped 20% following the $77m hack of Bitfinex, one of the most-popular cryptocurrency exchanges.

FinTech startup Digital Asset, which uses blockchain technology to make trading more efficient and less costly, has announced several additions to its senior management.