The crypto sector is seeing a boost in the value of mergers and acquisitions, doubling to almost $1.1 billion last year, according to Coindesk. The report says the average deal size went from $19.2 million in 2019 to around $52.7 million in 2020, according to data...
Bank of Korea Governor Lee Ju-yeol said he doesn’t think cryptocurrencies will be in such high demand once central bank digital currencies (CBDCs) are introduced, CoinDesk reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Some bitcoin investors are watching General Motors (GM) closely in the wake of CEO Mary Barra’s response during the company’s fourth-quarter earnings call to a question about whether the automobile giant might accept the cryptocurrency as a form of payment. Get the Full Story Complete...
Mark Cuban, the owner of the Dallas Mavericks, is said to be seeking use cases to harness non-fungible tokens (NFTs) for his NBA team, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The New York Times (NYT) has sold a non-fungible token (NFT) for more than $500,000, according to the Foundation page for the NFT. Columnist Kevin Roose entered his own column as the NFT for sale. Get the Full Story Complete the form to unlock this...
Anytime a written piece about the financial services space begins with “as of this writing,” it’s usually about one of two things: GameStop’s stock price or the price of bitcoin. In this case, it’s the latter – and the price in question is $55,026. But...
Tesla CEO Elon Musk has announced that it’s now possible to buy Tesla vehicles in the U.S. using bitcoin, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Bitcoin has been around for more than a decade. And, depending on where you look, its role as a disrupter in financial services – allowing users to bypass traditional banking constructs and intermediaries – is just around the corner. But the reality, at least to...
Abra has rolled out Abra Borrow, which will help the company reach its goal of becoming a complete crypto bank, a company blog post stated. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
