Digital Asset Partners With Cloud Software Giant VMware

Digital Asset, the firm that created the DAML smart contract programming language, has partnered with major cloud computing company VMware, according to an announcement on April 11. According to the press release, Digital Asset will integrate its Digital Asset Modelling Language (DAML) on VMware’s blockchain platform. The development will purportedly “allow for broader reach and …

US Department of Energy Progresses With Blockchain Power Plant Security Research

A blockchain project sponsored by the United States government aiming to bolster power plant security has entered its second phase, participants confirmed in a press release on April 10. The project, principally a partnership between the U.S. Department of Energy’s (DOE) National Energy Technology Laboratory (NETL) and Colorado-based security firm Taekion, aims to reduce the …

Coinbase Crypto Exchange Debuts Visa Card for UK Customers

Major American cryptocurrency exchange Coinbase has launched Coinbase Card, that enables its United Kingdom-based customers to pay in-store and online with cryptocurrency. The development was announced in a blog post published on April 10. The Coinbase Card is a Visa debit card powered by customers’ Coinbase account crypto balances, which allows them to make purchases …

South Korea State Defense Arm DAPA to Build Blockchain Platform for Military Acquisition

South Korea’s Defense Acquisition Program Administration (DAPA) plans to improve the reliability of data in the arms industry by using blockchain, the agency announced in a press release on April 10. The state arms procurement agency says it is seeking to use a blockchain platform to enable the secure sharing of data about military acquisition …

SEC Chairman Flags Crypto as Continued Regulatory Focus in Latest Speech

The head of United States regulator the Securities and Exchange Commission (SEC) reiterated its focus on the cryptocurrency space in a new speech on April 8. Speaking at the SEC Speaks conference in Washington, chairman Jay Clayton highlighted the digital currency space while giving a broad overview of the organization’s activities and roles. Clayton chose …

BitGo Provides Custody and Wallets to Digital Asset Trading Platform LGO Markets

Blockchain security firm and wallet service BitGo has provided a newly launched digital asset trading platform, LGO Markets, with its custody and multi-signature wallets, according to a press release published Tuesday, April 9. LGO Markets, which is focused on institutional investors, will offer BitGo services for hedge funds, family offices and asset managers that are …

Facebook Seeking $1 Bln in Venture Capital for Crypto Project

Facebook is reportedly seeking support from various venture capital (VC) firms to develop its supposed digital token, New York Times (NYT) tech reporter Nathaniel Popper tweeted on April 8. Citing sources familiar with the matter, Popper states that Facebook is seeking a $1 billion sum to develop its cryptocurrency project. He states that seeking outside …

Private Bank Kleinwort Hambros Launches Blockchain Exchange-Traded Note

Private bank Kleinwort Hambros launched an exchange-traded note (ETN) made up of blockchain-related companies, financial news outlet Finextra reported on April 8. Kleinwort Hambros is owned by Societe Generale, acting as their private wealth management division in the United Kingdom. Societe Generale itself is a multinational investment bank headquartered in Paris, with total assets of …