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...
Amid the continuing global debate over cryptocurrencies, G20, an international forum for governments and central bank governors, has taken up the gantlet, Reuters reported Friday (Jan. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Bank of America and Citigroup, which currently allow customers to use their credit cards to purchase bitcoin, are looking over their cryptocurrency policies. This comes two weeks after Capital One Financial said it would no longer allow cryptocurrency purchases with its credit cards. Get the...
After the Nordea Bank AB decided to ban employees from trading bitcoin, unions are questioning if the policy is legal, Bloomberg reported. But Per Bolund, Sweden’s financial markets minister, wouldn’t comment on the legality of the ban: He said he “would leave that for the...
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....
Due to bitcoin’s volatility and lengthy transaction times, Stripe has decided to end support for the popular cryptocurrency, TechCrunch reported. Those seeking to use bitcoin on Stripe still have a bit of time – the policy will not take effect immediately, as the company plans to...
