Big Four Auditing Firm Deloitte Allows Staff to Pay Lunch in Bitcoin

Big Four auditing firm Deloitte is now allowing its staff to pay for food in the cantine using a mobile Bitcoin (BTC) wallet. English-language local news outlet Luxembourg Times reported on Sept. 17 that Deloitte is testing Bitcoin among its employees to “see how the audit giant could use the cryptocurrency.”  Partner at the advisory arm of the company Laurent Collet commented on the project: “We think it’s good to have our employees assess this new technology.” Only an internal test That said, Collet also noted that there are no…

Binance Makes Strategic Investment in Chinese Crypto Media Firm

Cryptocurrency exchange Binance, the world’s largest by trading volume, has made a strategic investment in Chinese media and data source Mars Finance. According to a report from Bloomberg citing a press release, the investment amount was not disclosed, but values the company at $200 million. Aside from Binance, which reportedly made its first strategic investment in China with the round, Beijing-based Mars Finance was also backed by Ceyuan Ventures and Matrixport, a financial services startup founded by co-founder of bitcoin mining firm Bitmain, Jihan Wu. The media site was founded by…

Liechtenstein Approves DLT Public Offering with Porsche-Backed Firm

German crypto investment startup Neufund launches its blockchain-enabled public offering platform featuring a Porsche-backed firm as the first issuer. 10 euro minimum investment  Within the first offering on Sept. 16, Neufund’s platform will be used by mobility firm Greyp, company backed by sports car giant Porsche, Camel Group and T-mobile, according to a press release shared with Cointelegraph today. Neufund’s platform has acquired clearance from the Financial Monetary Authority in Liechtenstein to host public offerings with a minimum investment of just 10 euro, enabling high accessibility to investors. Firms from…

Hybrid AI Firm Cindicator Launches Tracking App for 150 Digital Assets

Hybrid intelligence firm Cindicator launched Edge, a new web app for receiving and tracking indicators for over 150 digital assets. Estimating probability in the market According to a blog post on Sept. 11, the new product called Cindicator Edge targets holders of Cindicator (CND) tokens and is available on free demo basis. Cindicator Edge’s indicators intend to help in making trading decisions by estimating probabilities of various events across more than 100 crypto assets, stocks and futures, according to the announcement. In order to receive more indicators in real-time, users…

Thai Oil and Gas Firm Develops Blockchain-Based Renewables Platform

Thai state-owned oil and gas company PTT and blockchain energy nonprofit Energy Web Foundation (EWF) are jointly building a blockchain-based renewables platform. According to a press release shared with Cointelegraph on Sept. 11, the parties are developing a regional solution based on the Energy Web Chain. The new product will also be compliant with the International Renewable Energy Certificate (I-REC) Standard, which certifies renewable energy sources. I-REC certificate demand Energy producers can apply for I-REC tracking certificates from an issuer appointed by a government or trade organization. Once the tickets…

Ethereum Dev Firm ConsenSys Now a Premier Member of Hyperledger

Ethereum-focused development firm ConsenSys becomes a premier member of blockchain development project Hyperledger, according to a press release shared with Cointelegraph. Software already submitted Per the release, ConsenSys also submitted its Pantheon Java-based Ethereum client to Hyperledger as the project ​Hyperledger Besu. Besu, which is reportedly the first public chain compatible blockchain submission to Hyperledger, is the fifteenth Hyperledger project.  Hyperledger executive director Brian Behlendorf commented on the submission, saying: “By submitting the code for Hyperledger Besu right out of the gate, ConsenSys is showing its support for our mission…

Tim Draper Joins Board of Directors at EOS-Based DApp Firm

Tim Draper, a famous investor with an estimated crypto net worth ranging between $350 million and $500 million, joined the board of directors of EOS-based decentralized application (DApp) firm MakeSense Labs. Draper commented on the appointment in a MakeSense Labs press release on Sept. 9, saying, “I am excited to support this amazing application. Sense.Chat improves human connections by allowing private, seamless messaging and payments.” A notable investor Per the release, Draper was an early investor in the firm’s parent company Sensay. Sense.Chat chief technology officer Ben Sigman commented on…

Mastercard Joins Blockchain Software Firm R3’s Marco Polo Network

American financial services giant Mastercard has joined blockchain software company R3’s Corda-powered Marco Polo Network for trade finance. In a news release published on Sept. 3, Mastercard revealed its participation in the project, a collaboration of R3 and Irish tech company TradeIX that launched in 2017. The initiative provides a multi-asset class platform that offers broker-dealer services and multicurrency transactions, among other services. The company’s Mastercard Track platform for business-to-business global trade has collaborated with Marco Polo in an attempt to facilitate further development and more working capital finance solutions. Jacques Levet,…

SK Group’s Securities Arm Teams Up With Blockchain Real Estate Firm

SK Securities, a branch of South Korea’s largest telecom SK Group, has partnered with a local blockchain firm for a digital real estate beneficiary platform. The securities operator has signed a business agreement with Kasa Korea, a Seoul-based startup developing a digital securities blockchain platform for thereal estate market, Korean news outlet Yonhap News reported on Sept. 4. SK Securities and Kasa Korea agreed to collaborate on a digital platform for distribution of real estate beneficiary securities. Based on real estate securitized beneficiaries issued by real estate trust companies, Kasa…