The decline in the price of bitcoin over most of this year to date might be related to the launch of cryptocurrency derivatives, Yahoo! Finance reported. In the middle of December, when bitcoin reached its peak, the Chicago Mercantile Exchange started to allow the trading...
Bill Gates would bet against bitcoin if there was a simple way to do so, CNBC reported. “As an asset class, you’re not producing anything and so you shouldn’t expect it to go up,” Gates said. “It’s kind of a pure ‘greater fool theory’ type...
Crypto, now for use in the offline world? In ways that involve physical notes — the ones you (gasp) keep at the ready, poised to hand to merchants? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A Russian state-owned fund is trying to attract investment to the tundra and swamps of Siberia through a digital token sale backed by Siberian diamonds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Oscar Meyer is facing a potential problem with a bacon-backed cryptocurrency dubbed “Bacoin” that it promoted: Someone else might have come up with the idea first, Motherboard reported. Kirk Steele claims that he came up with the idea for a digital currency that is backed...
An agreement for peace between North and South Korea was stored in the blockchain by a South Korean developer, CoinDesk reported. Ryu Gi-hyeok recorded the Panmunjom Declaration on the Ethereum blockchain. The declaration said that “there will be no more war on the Korean peninsula.”...
Ripple was put on the defensive at a hearing on cryptocurrencies and blockchain at the U.K. Parliament after a former developer criticized the company’s products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
MOBI, the Mobility Open Blockchain Initiative, debuted on Wednesday (May 2) to explore blockchain for use in transportation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Origin Protocol, a blockchain-based sharing economy startup, has brought a PayPal co-founder on board as a research and development engineer, CoinDesk reported. Yu Pan will spearhead the startup’s research team, according co-founder Josh Fraser. Get the Full Story Complete the form to unlock this article...