While interest in digital coins may be surging, Facebook is not interested in running cryptocurrency ads, according to Recode. The social networking site will ban ads that promote “financial products and services frequently associated with misleading or deceptive promotional practices.” Beyond its own app, Facebook...
Bitcoin has yet another naysayer. This time, it’s Starbucks’ executive chairman and former CEO, Howard Schultz, who doesn’t believe the cryptocurrency is “legitimate.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Like the rise of cryptocurrencies, interest in a new trading app that will allow users to trade bitcoin and Ethereum has surged, CNBC reported. After Robinhood announced that it will allow no-fee cryptocurrency trading beginning in February, more than 1 million people have joined the waitlist to...
Following the theft of $530 million in NEM tokens from Coincheck last week, governments will likely call for more cryptocurrency regulation and investors may turn to peer-to-peer (P2P) methods of trading instead of centralized exchanges, Bloomberg reported. Get the Full Story Complete the form to...
Coincheck, one of Japan’s largest cryptocurrency exchanges, will reimburse customers up to ¥46.3 billion ($426 million) due to a hack it suffered last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Four years after the collapse of Mt. Gox, Coincheck, one of Japan’s largest cryptocurrency exchanges, has said that about $400 million worth of NEM coins have gone missing, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The taxman cometh. And the cryptos plummet. 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 Today. By completing this form, you agree...
In possibly the latest crime involving cryptocurrency, U.S. regulators say that a Nevada company and two involved individuals allegedly defrauded more than $6 million from customers seeking to buy a virtual currency called My Big Coin, Reuters reported. The U.S. Commodity Futures Trading Commission filed...
Ripple sold nearly $92 million of its XRP digital currency in the fourth quarter of 2017, according to news from CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
