Crypto Custody Firm Trustology Cuts Staff as Banks Delay on Digital Assets

Digital asset custody firm Trustology has cut seven of its 18 staffers as the big banks it courted are taking longer than expected to jump into crypto.

Ethereum Builder ConsenSys Shutters India and Philippines Operations

ConsenSys, the ethereum blockchain development company with hubs around the globe, has shut down key operations in India and the Philippines.

Australia’s Stock Exchange Backs $35M Round for DLT Survivor Digital Asset

Digital Asset has raised $35 million in Series C funding, signaling a comeback for the seminal enterprise blockchain startup.

BTSE Exchange Plans $50M Token Raise on Blockstream’s Ethereum Rival Liquid

If successful, the offering could help put bitcoin sidechains back on the map as an alternative to ethereum for launching assets.

Microsoft Is Using Blockchain to Help Firms Trust AI

Microsoft is pitching blockchain technology as a way to make artificial intelligence less scary for its corporate customers.

State Street Slashes DLT Developer Team as Bank Rethinks Blockchain Strategy

State Street Bank has cut over 100 blockchain developer jobs as part of a pivot from transforming its plumbing with DLT to supporting digital assets.

Correction: Coinbase and Tagomi Deny Acquisition

A prior report that Tagomi had been acquired by Coinbase was incorrect, according to spokespeople at both companies.

Tokenized Real Estate Falters as Another Hyped Deal Falls Apart

A high-profile venture between startups Fluidity and Propellr was quietly shelved this summer, underscoring the hurdles real estate tokenization faces.

JPMorgan Tests Private Blockchain to Track Auto Dealer Inventory

JPMorgan Chase has filed a patent and is testing a blockchain system for tracking the automobile inventory it finances for car dealers.