Jordan Belfort—a former stockbroker portrayed by Leonardo DiCaprio in The Wolf of Wall Street—called initial coin offerings, or ICOs, “the biggest scam over.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Billionaire investor and Saudi Arabian prince Alwaleed bin Talal dismissed Bitcoin on Monday (Oct. 23), saying on CNBC’s “Squawk Box” that he expects the value of the unregulated cryptocurrency to “implode.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Bitcoin surged beyond $6,000 in trading late last week, setting a new record for 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...
Plenty of industries and companies are eyeing blockchain – the technology that enables cryptocurrencies, such as bitcoin – but when it comes to corporate investors, SBI, Google, Overstock.com, Citi and Goldman Sachs are standing out from the pack. Get the Full Story Complete the form...
Over the summer, a small tech startup named Tezos managed to bring in $232 million online in a wildly successful “initial coin offering.” But, as summer has given way to fall, it seems a backroom brawl over control of the company may be at risk...
Shares of Overstock.com rose 11.6 percent on Tuesday (Oct. 17) as a result of the company’s investment in blockchain, CNBC reports. The stock has reached four-year highs due to investor interest in the technology. Get the Full Story Complete the form to unlock this article...
Upper West Side eatery La Sirène is now accepting bitcoin as a form of payment, according to news from The New York Post. Patrons of the New York restaurant, opened by chef Didier Pawlicki, will find that they can pay with cash, check, American Express and...
Russia is making a big move in the digital currency market, announcing that it will soon be offering its own cryptocurrency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Might seamless cross-border payments be among the holy grails of payments? Think of the complexities: multiple currencies, time zones, financial institutions, regulations … the list goes on. Speed and simplicity are prizes to be desired in cross-border transactions (as they are to be prized in...
