At least one thing is clear about Facebook’s new interest in blockchain: It will help the social media giant keep up with the Joneses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
It’s mobile data (emphasis on the mobile) — as in data, wrought by and transferred across vehicles. All manner of data — from weather to payments, from cell towers to street lights — uses technology to measure whether other technologies are functioning as they should....
A Russian bank has become a backer of Venezuela’s “petro” cryptocurrency, RT reported. Evrofinance Mosnarbank is the first international backer after the U.S. warned investors about the risks associated with the digital currency. After registering with the Venezeulan government and downloading the software for the...
Circle has announced a new partnership with Bitmain, which is also leading a $110 million Series E equity investment in the FinTech company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Ripple is rolling out an initiative dubbed Xpring to help expand the use of its XRP digital currency, TechCrunch reported. Through a combination of grants, investment and incubation, Ripple hopes to encourage startups to build an ecosystem around XRP. Get the Full Story Complete the...
Bitcoin — among other cryptocurrencies — took a fall on Friday (May 11) and hit a three-week low as news surfaced that authorities raided South Korea’s largest crypto-exchange, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Ripple reported positive results from multiple early pilots for its on-demand liquidity product, the company announced in a press release. The xRapid solution uses Ripple’s XRP for cross-border transactions between financial institutions. Get the Full Story Complete the form to unlock this article and enjoy...
The Winklevoss twins have won a patent to help settle exchange traded products (ETPs) involving digital currencies through their company, CoinDesk reported. In a patent published by the U.S. Patent and Trademark Office, Winklevoss IP detailed a way to make transactions for ETPs that hold digital...
Xapo, the startup that stores bitcoin purchases for millionaires and billionaires in underground vaults, is housing around $10 billion worth of the digital token. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...