The second-largest U.S. bank is banning customers from purchasing cryptocurrencies using its credit cards, according to Bloomberg reports. 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...
Despite the “bitcoin bad, blockchain good” mantra that the market seems to be hearing more and more, blockchain’s ability to disrupt the financial services space is by no means a sure bet. Value volatility and recent moves by regulators to reign in the cryptocurrency bonanza...
With the growth of cryptocurrency, criminals are beginning to commit crypto crimes. Cybercriminals have come up with several techniques to steal digital coins, from “cryptojacking” to mining fraud and even account takeovers, Reuters reported. Through “cryptojacking,” for example, cybercriminals may take over a computer user’s...
Following comments from India’s minister of finance on cryptocurrency and potential price manipulation at a major cryptocurrency exchange, bitcoin dropped below $9,000 in trading on Thursday (Feb. 1) — a critical level. The cryptocurrency tumbled to $8,810 in late morning trading, CNBC reported. But, by 12:12 P.M., bitcoin rebounded...
Money can’t buy happiness, but blockchain can buy fame, and that’s kind of the same thing, right? 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 our...
Cambridge Blockchain has announced a partnership with IHS Markit to form an identity data alliance that will improve the collection and management of know-your-customer (KYC) information. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
People across the world could be mining a cryptocurrency – and not even know it, Forbes reported. Hackers are breaking into computers and smartphones and installing malware that forces the devices to mine Monero, which is attractive because of that currency’s anonymity and the fact...
As regulators in the U.S. and South Korea clamp down on cryptocurrencies, and investors question the stability of digital coins, bitcoin may see its worst monthly decline in value since January 2015. As of 2:02 P.M. on Wednesday (Jan. 31), bitcoin was trading at $9,975.42,...
One of KodakCoin’s co-creators is expressing regrets over the market reaction to the cryptocurrency. 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 our daily newsletter, PYMNTS...
