Wells Fargo Invests $5M in Startup Connecting Crypto Exchanges and Banks – CoinDesk

Banking giant Wells Fargo is backing blockchain forensics firm Elliptic. Announced Thursday, the fresh $5 million from Wells Fargo Strategic Capital (WFSC) brings Elliptic’s Series B up to a total of $28 million. The investment is partly geared toward a recently launched product that helps crypto exchanges win banking relationships, Elliptic said. The product, Elliptic […]

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JPMorgan May Merge Its Blockchain Project With Ethereum Studio Consensys: Report – CoinDesk

Banking giant JPMorgan Chase may soon merge its Quorum blockchain project with ConsenSys, the ethereum-focused software developer and investor. According to a Reuters report Tuesday citing “people familiar with the plans,” while the terms of the deal currently under discussion are still not set, the merger might happen within the next six months. Quorum was […]

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Baidu Adds Service to Help Developers, Small Businesses Build Dapps – CoinDesk

Chinese internet giant Baidu launched on Monday a blockchain-based service for developers and small and medium-sized businesses to build decentralized applications, or dapps.  The new service, translated from the Chinese as Open Network, will enable users to develop and deploy applications without building their own blockchain platforms, according to a Chinese media report by STCN, […]

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