Banking Giant Trials Blockchain for Issuance of Land-Backed Loans

feature Jemima Joseph, 18, is working a summer job as a social media manager for a crypto startup after graduating from high school in the Bronx. And she learned how to make her first cryptocurrency transaction, a purchase using zcash, with the Flexa mobile app.  It was a summer day, so hot the air outside…

news A promoter of the now-shuttered crypto fraud BitConnect has again been charged over a different claimed cryptocurrency scam. The Times of India reported Monday that police in the city of Ahmedabad, Gujarat, India, had received complaints that the promoter, Divyesh Darji, had been offering investors investment in a token called Regal Coin, claiming a…

news Ben Davenport has joined the team at Blockchain Capital as a venture partner, CoinDesk has learned. Davenport has deep roots in technology and cryptocurrency. He founded Beluga, which was acquired by Facebook in 2011 and became Facebook Messenger. Then he joined BitGo, an early bitcoin startup providing security solutions, as a co-founder in 2014.…

Apr 15, 2020 at 23:00 UTCSOLANA TEAM: Founded by Qualcomm alums, the Solana blockchain promises fast and nearly free transactions. (Photo courtesy of Solana)Solana, a blockchain that aims to function at "web-scale," is integrating its first stablecoin.Announced Wednesday, Solana is partnering with Terra, the stablecoin initiated by one of South Korea's e-commerce giants, TMON, as…

India's central bank digital currency, the digital rupee, crossed a million transactions in a day on Dec. 27, 2023 – but with at least a little help from retail banks' own employees.CoinDesk has viewed a letter dated Dec. 29 by the Reserve Bank of India (RBI) Governor Shaktikanta Das to staff that said the usage

Edvard Munch's "The Scream." (Credit: Wikimedia Commons)In early March 2012, three years after the biggest financial disruption in 80 years, with 8% of the U.S. workforce unemployed, with 4 million American homes foreclosed, and with Europe tearing itself apart over fiscal austerity measures to contain a debt crisis, someone forked over $119 million for a…

Coinbase had announced last month it had confidentially submitted a draft registration statement on Form S-1 with the SEC.Coinbase CEO Brian Armstrong(CoinDesk archives)Jan 28, 2021 at 7:25 p.m. UTCUpdated Jan 28, 2021 at 7:31 p.m. UTCCoinbase to Become Publicly Traded, Announces Proposed Direct Listing of SharesLeading cryptocurrency exchange Coinbase Global said it intends to become…

feature Foam is accomplishing what few token issuers have: A consistently engaged community that actually uses its token beyond speculation. Following a $16.5 million token sale in 2018, the geolocation data startup has launched a token-curated registry (TCR) with about 140 monthly participants in April and a scavenger hunt that garnered 500 user contributions to…

A newly launched cryptocurrency on Solana (SOL) called Restore the Republic, or RTR, which was rumored to be the official token of Donald Trump, ballooned to $155 million market value before cratering 95% on Thursday after the former president's son warned that his father doesn't yet have an official token. Hopes for Donald Trump's crypto