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Sberbank CIB, the corporate and investment banking business of Russia's largest bank Sberbank, conducted the first blockchain-based commercial bond transaction in Russia, according to a Sberbank announcement May 16.

PayPal CFO John Rainey said in an interview with CNBC May 16, that the company doesn't see much interest in digital currencies because price volatility threatens the viability of their merchants' businesses.

68 level holds, the BTC/USD pair might enter a period of consolidation between $7,941-$10,000.

Global Director of fintech strategy at Autonomous Research Lex Sokolin said that investment advisors need to familiarize themselves with crypto and its underlying technology, however sceptical they may be, in an interview with CNBC May 16.

The EOS development team is currently working at high speed ahead of the scheduled mainnet launch on the 2nd of June when EOS will migrate from the Ethereum network onto its own blockchain over the course of 40 days.

Bitcoin bulls now have a new opportunity to put their money where their sentiment is.

Twitter and Square Inc. CEO Jack Dorsey expressed optimism about cryptocurrency's role in the future of payments, saying that "The internet deserves a native currency" and "It will have a native currency," Bloomberg reports May 16.At the Consensus conference on Wednesday, Dorsey shared crypto enthusiasts' vision that virtual currencies are the future of a legitimate means of global payment.

The Government of Bermuda has recently signed a memorandum of understanding with Shyft network which provides blockchain-based ID solutions for Know-Your-Customer and anti-money laundering compliant data transfers, Shyft reported in a blog post May 15.NEWS: Shyft Signs MOU With The Government Of Bermuda, Pledges To Invest $10M In Education And Economic Development https://t.

The goal of the site is to increase awareness of the typical warning signs of scam ICOs and to promote investor education.

A truly innovative privacy coin, Zcash has announced it will be available to trade on the Gemini Exchange on May 22.

Is bitcoin destined to become the default currency of the Internet?

The U.S. Securities and Exchange Commission wants to ensure investors can identify fraudulent initial coin offerings - even if it has to launch its own to do so.

Cryptocurrency data resource and wallet provider Blockchain.com announced it had hired a Cambridge academic as its new head of research May 16.

After losing the $9,000 support on May 11, Bitcoin continued its fall, now approaching the $8,000 level.

Texas' securities watchdog has issued an emergency cease-and-desist order to a purported cryptocurrency investment scheme that it says tried to dupe investors with fake endorsements from high-profile individuals.

Russian State Duma's Committee for Legislative Work will support the first reading of an initiative that will add the basic norms of digital economy to the Russian Federation Civil Code.

A new blockchain-powered data storage platform, Memority, is aiming to provide "The most secure ever developed" solution for anyone looking to safely store sensitive data.

Blockchain data platform Streamr is partnering with Finnish telecom giant Nokia and California software company OSIsoft to allow mobile customers to monetize their user data and make purchases.

Co-founder of Binance crypto exchange He Yi has dismissed the sci-fi-esque claims of a Chinese fintech media platform that his company has hatched a so-called "Genesis Plan." The plan was to build Binance's own blockchain-powered country on a private island, QQ News reports Wednesday, May 16.

In the run-up to the company's Wednesday morning appearance at CoinDesk's Consensus conference, Polymath also revealed it's in the process of closing a deal to acquire a large stake in the Barbados Stock Exchange and that it's working on a deal with the alternative trading system tZero.

Amazon Web Services has announced a new collaboration with Ethereum development studio ConsenSys which will result in the launch of Kaleido, a blockchain business cloud designed to streamline and simplify the creation, deployment, and operation of private blockchain networks for enterprise organizations.

Decentralized web developer Blockstack is one step closer to its vision of web 3.0 with the introduction of app.

The Enterprise Ethereum Alliance announced the release of a common technical specification on Wednesday, fulfilling a pledge the group made less than a month ago at an event in London.

Bitcoin bears have unraveled the minor rally in prices since Saturday and are now looking to pull the cryptocurrency below the $8,000 mark, the technical charts indicate.

The Enterprise Ethereum Alliance has released the Enterprise Ethereum Client Specification 1.0 today, May 16, that will enable interoperability for companies that use Ethereum blockchain-based solutions.

Mario Marcel, the president of Chile's Central Bank, is considering regulating cryptocurrencies in the country in order to monitor risks, local news outlet El Economista reported Tuesday, May 15.

Investment manager Brian Kelly is launching a new blockchain startup-based exchange-traded-fund, he announced Wednesday.

JPMorgan co-president Jerry Pinto confirmed the bank was "Looking into" the Bitcoin space May 16, saying cryptocurrency "Will play a role" in the future.

An eSports platform which allows users to challenge each other instead of betting against a bookmaker is preparing to integrate blockchain technology into its newly relaunched website.

Line Plus, the mobile platform subsidiary of Japan's most popular messaging app Line, has launched a joint blockchain initiative - Unchain - with crypto platform ICON, Cointelegraph Japan reports today, May 16.