LETTING GO: Banking giant JPMorgan Chase may soon merge its Quorum blockchain project with ConsenSys, the ethereum-focused software developer and investor. Anonymous Reuters sources said while the terms of the deal are still not agreed, the merger might happen within the next six months. Full story
MINERS AT WAR: Just four years ago, two lifelong friends turned a small investment into what's thought to be North America's largest crypto miner. Now the former friends are warring over the company's future, with one founder seeking dissolution of the firm and liquidation of its assets. Full story
SPINOFF BENEFITS: Enterprise blockchain is a catalyst for further spending at Big Blue, according to Jerry Cuomo, IBM’s vice president of blockchain technologies. “When you look at the direct attribution of the actual dollars spent on blockchain, we are seeing that for every dollar spent, $15 is spent on other cloud services,” said Cuomo. Full story
BLOCKCHAIN PLUNGE: One of the oldest banks in Europe, Munich-based Bank von der Heydt, is developing a special-purpose euro stablecoin on the Stellar blockchain to facilitate private placements in tokenized securities. Full story
FEELING OPTIMISTIC: Optimism, a startup previously known as Plasma, is creating a transaction layer similar to bitcoin’s Lightning Network to increase the number of people who can use smart contracts on ethereum. Full story |
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