Banking Giant Trials Blockchain for Issuance of Land-Backed Loans
One of the “Big Four” commercial banks in China has completed the issuance of a loan worth $300,000 using a blockchain system.
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First Mover Americas: Galaxy Digital to Raise $100M for New Fund
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesGalaxy Digital’s venture team has long invested its own money in crypto companies. Now, it’s planning to do that with outside investors’ capital, too. The investments
Splinter Cryptocurrency Hive Outperforms Justin Sun’s Steem After One Week Trading
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Binance’s Head of Product Departs
Cryptocurrency exchange Binance has seen another senior executive depart the company, with Global Product Lead Mayur Kamat heading for the door."We can confirm that Mayur has stepped down from his role as product lead," a Binance spokesperson said in an emailed statement. "We are grateful to him for helping guide Binance through some of our
Cata Labs Raises $4.2M to Develop ‘Bridging’ Software
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Flare Network Will Burn 2.1B FLR to Support Ecosystem Health
The developer of Flare blockchain told CoinDesk on Friday that they will burn 2.1 billion FLR tokens to support ecosystem development and overall health.More than 2% of FLR’s total supply will be permanently removed from circulation, preventing dilution of community token holdings and increasing incentives for new users to join the network.The tranche of tokens
First Mover Americas: BTC Drops to $70K, TON Rallies
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesAs ether (ETH) prices rallied and bitcoin (BTC) fell during the early hours of the East Asia trading day, Toncoin (TON) outperformed the market, climbing almost
Judge Rejects FTX Founder Sam Bankman-Fried’s Motions to Dismiss Criminal Charges
The federal judge overseeing FTX founder Sam Bankman-Fried's criminal trial denied his pretrial motions to dismiss criminal charges against him, writing that the exchange's founder did not have standing to dismiss many of these charges and didn't meet the "extraordinary" circumstances for a dismissal.Bankman-Fried, who faces wire fraud, bank fraud, operating an unlicensed money transmitter,…
Bitcoin Regains $61K in Worst Start to Most Bullish Month as Israel-Iran Tensions Rage On
Tensions in the Middle East pushed down BTC during the first half of Asia trading hours Wednesday. The CoinDesk 20, a measure of the most liquid digital assets, had its worst drop in weeks. Bitcoin (BTC) rose above $61,500 in Asian morning hours Wednesday after sliding to as low as $60,300 late Tuesday as a