Another exit scam has hit the crypto world. This time, South Korean blockchain company Pure Bit has reportedly stolen $2.7 million worth of investors’ money after raising 13,000 Ethereum in an ICO. Get the Full Story Complete the form to unlock this article and enjoy...
Overstock may be best known as an eCommerce business, but these days its CEO and Founder Patrick Byrne is much more interested in talking about the power of cryptocurrency and blockchain, and how it will be the real future of both the firm and the...
In China, a principal and a vice principal allegedly mined ethereum at a middle school in the province of Hunan, Coindesk reported. The principal had installed mining machines at home at first, but he reportedly put them in a dorm after discovering the cost of...
Canada’s St. Francis Xavier University of Nova Scotia (StFX) had to temporarily shut down its entire network due to a crypto-jacking attack. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Blockchain, the crypto wallet provider, plans to have an airdrop worth $125 million, Fortune reported. Through the cryptocurrency giveaway, each recipient would receive around the equivalent of around $25 in Stellar. The company said in a statement, “Accessible to anyone with a Blockchain Wallet, the...
Elon Musk’s name has reportedly been used in bitcoin scam, with the hack of multiple verified Twitter accounts, the BBC reported. The hackers allegedly took over the accounts and made the image and name to reflect Musk. One tweet that came from an account that...
The U.S. Securities and Exchange Commission (SEC) revealed in its annual report that it brought enforcement actions upon more than a dozen digital assets and initial coin offerings (ICOs) in the fiscal year that ended September 30. Get the Full Story Complete the form to...
JPMorgan Chase CEO and Chairman Jamie Dimon is not a huge fan of bitcoin and offered a comment on the cryptocurrency’s 10th anniversary, Financial News reported. MarketWatch said “the gist of his response” was “I didn’t want to be the spokesman against bitcoin. I don’t...
JD.com is teaming up with two schools to study distributed ledger technology’s (DLT) implications on business, Cryptovest reported. The Chinese eCommerce retailer is working with both the Chinese Academy of Sciences (CAS) and the New Jersey Institute of Technology (NJIT) for the joint lab, which...
