use-cases-verticals
Startup Raises $600K to Build Bitcoin Cash Mobile Wallet
CoinText.io,a blockchain startup developing a way of conducting offline bitcoin cash transactions, closed a $600,000 seed funding round.

Reinsurance Giants Tap Blockchain for Data Transparency Boost
A group of reinsurance giants in China are jointly developing a blockchain system aimed to reduce data disparities in the industry.

FBI Agent Estimates 130 Crypto Investigations Underway
The FBI is currently running 130 different cryptocurrency-related investigations, Bloomberg reported Wednesday.

Coinbase CEO Unveils Crypto Charity for the Unbanked
Coinbase CEO and co-founder Brian Armstrong wants to help the unbanked access financial services with a new charity, GiveCrypto.org.

Chat App Kik Launches 'Crypto-Economy' With Kin Token Integration
Messaging app Kik's users can now begin earning and spending its kin token with the launch of its "crypto-economy," the company said Wednesday.

Crypto Startup Uphold Moves to Become Licensed U.S. Broker-Dealer
Digital money platform Uphold is looking to become a Finra-registered broker-dealer following a new acquisition, the company says.

Hong Kong Seeks to Widen DLT Use in Trade Finance
Hong Kong's banking regulator is planning to widen its works on cross-border trade finance using distributed ledger technology.

US Senators Discuss Crypto Threat to Domestic Elections
DarkTower director Scott Dueweke said cryptocurrencies are "tailor made" for foreign powers hoping to influence American elections.

Pharma Giant Merck Eyes Blockchain for Fighting Counterfeit Meds
International shipping giant Merck may be looking to blockchain technology to protect against counterfeit goods, according to a patent application.

AlipayHK Opens Blockchain Remittance Corridor to the Philippines
The payment affiliate of China's e-commerce giant Alibaba has launched a blockchain-based remittance service between Hong Kong and the Philippines.
