Telecommunications provider Verizon Communications has been experimenting with blockchain technology, which is what powers bitcoin and other cryptocurrencies. 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...
This week’s Bitcoin Tracker finds Russia’s resource-guarding of the ruble nixed by an acceptance of bitcoin, for now. Other news finds that regulation in Japan has spurred an astounding rise in bitcoin transactions, and a “synthetic currency” has emerged – a complex idea, but easier...
Bitcoin is going more mainstream in Africa, if the United Nations has anything to do with it. On the United Nation’s OnlineVolunteering.org website, the agency said it is looking for volunteers to help boost the adoption of the digital currency in Africa. The post says...
While the FinTech industry is exploring the potential of blockchain technology, some are taking another path and exploring how another distributed ledger, Ethereum, could also make disruptions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The closure of Silk Road has not stopped savvy — and some not-so-savvy — drug dealers from making a killing through online trades. They continue to provide an Amazon-type experience to drug consumers seeking a bit more of a mind-blowing experience than the iPhone SE...
The fallout from the Bitfinex hack, which cost the digital exchange $72 million, has customers losing 36 percent of the assets that they held on the digital platform. Bitfinex has attempted to appease those affected by offering tokens of credit that can be redeemed by...
Blockchain has been making inroads into finance — specifically, trade finance — through a series of agreements struck this week that show the distributed ledger concept is catching on with some marquee names, Reuters reported on Wednesday (Aug. 10). Get the Full Story Complete the form to...
A new four-week “hacker residency” program is set to start this fall in New York City by bitcoin research and development group Chaincode Labs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The U.S. government announced on Monday (Aug. 8) that it is gearing up to auction off more than 2,700 bitcoin that were turned over to the government during several cases, many of which have to do with Silk Road, the underground website operator that was shut down in...
