Japanese bank Mizuho, as well as around 60 other financial institutions (FIs), have launched a new digital wallet called J-Coin Pay. According to Quartz, the wallet doesn’t use crypto. Instead, it uses QR codes to process smartphone payments. Right now, digital payments make up only...
Bitcoin has had its ups and downs over the last few weeks. Right now, it’s on a down, with prices falling as much as 2.5 percent on Monday (March 4) — its lowest level in two weeks. According to MarketWatch, a single bitcoin on Monday...
Oh, the games people play — but maybe not paid for with bitcoin. Much has been made about the lack of use cases for bitcoin to be used in the world at large, as in real commerce applications, and where transactions are both friction-filled and...
Ailing crypto exchange QuadrigaCX is still missing $100 million in bitcoin. According to CoinDesk, Ernst and Young (EY), QuadrigaCX’s court-appointed monitor, released its third report on the exchange late last week, providing blockchain addresses for its cold bitcoin wallets. But aside from the $400,000 worth...
The U.S. Federal Reserve has announced amendments to a policy statement on the scenario design framework for stress testing, which could soon include a potential cryptocurrency market crash as one of the market risks. In a document published on the Federal Reserve website, the board of governors...
JPMorgan Chase is testing out a zero-knowledge privacy solution called AZTEC. Developed by a London startup of the same name, AZTEC offers encryption of blockchain data at a lower cost, and with a more efficient process, than previous versions. “It’s being tested by the most...
The Lightning Network, a bitcoin experiment that allows users to quickly transfer funds around the world without a third party, has completed another transaction. According to CoinDesk, the latest to receive payments are the digital assets team at Fidelity Investments and LinkedIn Co-founder Reid Hoffman....
A group of oil and gas companies have announced a partnership that will create the first blockchain industry consortium in the U.S. “Creating the OOC Oil and Gas Blockchain Consortium is a significant step toward establishing key blockchain standards, frameworks and capabilities for the oil and...
Overstock CEO Patrick Byrne wants to make it perfectly clear that his company’s future is in blockchain. “It’s still confusing to most people — even our own investors. Very few have done their homework,” Byrne told CNN Business. As a result, he plans to offer...
