The Securities Exchange Commission (SEC) announced Thursday (Aug. 24) it has temporarily suspended trading in the securities of Canada-based company First Bitcoin Capital Corp. (BITCF). In a press release, the SEC said the suspension will stay in place until Sept. 7 of this year. Get the...
Mercury Protocol, a project backed by billionaire investor Mark Cuban, is looking to change how people interacts over the internet. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Reaching the peak interest among those in a particular industry just before it goes mainstream is something that’s happened on more than one occasion. Ranging from the housing bubble in the late 2000s to the dot-com bubble of the mid-’90s and the tech bubble of...
Distributed ledger technology (blockchain) has made significant headway this year, and people are starting to take notice. At the beginning of 2017, the cryptocurrency bitcoin was valued at just under $1,000 and soared up to over $3,000 in May. While it took a dive over...
Bitcoin, the leading cryptocurrency, jumped more than 16 percent on Saturday (August 6) to an all-time high of $3,360.87 before hovering around $3,303, propelling market capitalization to more than $54 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
All is not running business as usual in the bitcoin realm. The digital currency that has been around for nearly a decade has struggled to gain major traction in the mainstream industry outside of finance. Just last week, we reported on investors splitting off from...
A new digital currency called “bitcoin cash” (BCC), created by splitting the bitcoin blockchain, has risen in price nearly 200 percent — despite not having crucial support from parts of the cryptocurrency community. Get the Full Story Complete the form to unlock this article and...
Security in the digital age is a goal for most retailers and consumers — and nearly everyone else in the business world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
SWIFT has announced news that 22 global banks recently joined its blockchain proof of concept (PoC) initiative, which is part of the company’s global payments innovation (gpi) service aimed to “re-arm the correspondent banking system for a new age of technological disruption.” Get the Full...
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