Thailand’s Central Bank Is Developing a Digital Currency Based on R3 Tech

South Korean pension fund, National Pension Service (NPS), bought nearly $20 million worth of Coinbase (COIN) shares in the third quarter, local outlet News1 reported, citing the NPS’ latest stock holding report to the U.S. Securities and Exchange Commission (SEC).NPS snapped up 282,673 shares at an average price of $70.5, amounting to an investment of

news Cory Johnson is out at distributed ledger startup Ripple as its chief market strategist, CoinDesk has learned. Tom Channick, a Ripple spokesperson, confirmed the move to CoinDesk after it emerged on social media that references to Ripple and Johnson’s role at the company appeared to have been scrubbed from his Twitter account. Channick sent…

news JPMorgan Chase is to start trials of its “JPM Coin” cryptocurrency in conjunction with corporate clients. According to a report from Bloomberg Japan on Tuesday, Umar Farooq, the investment bank’s head of digital treasury services and blockchain, said that customers would trial the technology with the ultimate aim of speeding up transactions, such as payments…

news Bitcoin’s lightning network might have a use case beyond faster and more scalable payments. Last week Lightning Labs developer Joost Jager revealed an experimental, new proof of concept: Whatsat, a version of lightning that can be used to send private messages. Like bitcoin, it’s censorship-resistant. But, unlike encrypted apps that morph messages into unreadable,…

Manta Pacific, the native layer 2 of Manta Network, has replaced Coinbase's (COIN) Base as the fourth largest scaling solution, according to data source L2Beat.As of writing, the total value locked (TVL) on Manta Pacific stood at $845 million ahead of Base's $753 million. Total value locked refers to the notional value of tokens deposited

Crypto crimes are raking in far less revenue this year due to a dry-up among hacks and scams, according to a mid-year report from Chainalysis, which tracks illicit wallet addresses.Through the end of June, the industry’s total losses to illicit actors ranged near $2.5 billion and had fallen 65% relative to mid-2022, whereas legitimate actors…

The U.S. government published an up-to-$5 million reward for information on OneCoin's Ruja Ignatova. Ignatova disappeared in Athens in 2017 after her Ponzi scheme fell apart. The U.S. State Department is offering a $5 million bounty for information leading to the arrest or conviction of OneCoin founder Ruja Ignatova, the self-styled “Cryptoqueen,” who vanished in

May 26, 2020 at 18:30 UTCUpdated May 26, 2020 at 18:39 UTCPolkadot founder Gavin Wood (Credit: Christine Kim for CoinDesk)Polkadot is now live following the launch of its first “chain candidate” (CC1). Announced Tuesday, the genesis block of the blockchain-of-blockchains has been mined, according to a blog post from Web3 Foundation, Polkadot’s lead developer.  “This…

Jan 30, 2020 at 20:30 UTCNomura Launching Benchmark for Japan’s Crypto AssetsNomura Research Institute (NRI) will launch a benchmark rank and compare Japanese cryptocurrency assets on Friday.The Tokyo-based management consultancy and research firm said the “NRI/IU Crypto-Asset Index Family” – created in coordination with Intelligence Unit LLC (IU) – will be available through NRI’s financial…