Send is gearing up for the pre-sale of a digital token that seeks to offer price stability, the company said in an announcement. Through a Send Consensus Network and a liquidity formula, the token keeps a stable reference price – and solves some of the...
According to reports in CoinDesk, care of a Chinese government official, China’s central bank has completed its work on a blockchain-based system for digitizing checks issued domestically by businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Eric Ly, a LinkedIn co-founder, is raising money for a token tied to a future platform called ICOHub, CoinDesk reported. The Hub Token has raised just over $13.5 million in a Simple Agreement for Future Tokens (SAFT) sale. In all, $20 million is being offered...
The first baby born on the blockchain is expected to enter the world at a small clinic in rural Tanzania this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Blockchain probably won’t solve all the world’s financial problems, as devoutly as innovators and enthusiasts may hope and believe that it can. At any rate, it’s not going to solve all of them at once with the technology available today. Get the Full Story Complete...
Shares of Square have risen almost 50 percent, adding about $8 billion in market value, since the company launched bitcoin trading last year for its Cash App customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Crypto startup Paxos has notched $65 million in funding to expand its operations, Reuters reported. Investors included Liberty City Ventures and RRE Ventures, along with Jay Jordan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Adopting Ripple’s system for international remittance payments, The Kuwait Finance House (KFH) has joined Ripple Net. The institution is reportedly the first bank in Kuwait to become a part of the enterprise blockchain network, CCN reported. Get the Full Story Complete the form to unlock...
Investors who thought they would get stock in a blockchain project were bilked out of approximately 300 million yuan – or nearly $47 million – through an alleged pyramid scheme in China, Cryptovest reported. The suspects, which were arrested in the city of Jinan, allegedly told...
