The cryptocurrency market took a $260 billion dive on Friday (April 23), with bitcoin trading below $50,000 for the first time in weeks and other coins tumbling to new lows, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy...
LVMH is joining forces with two other big names, Prada and Cartier, in order to put out the world’s first global luxury blockchain, according to a Tuesday (April 20) press release. The blockchain is called Aura Blockchain Consortium. Get the Full Story Complete the form...
Stephen Pair, co-founder and CEO of BitPay, believes blockchain is the future of the payments industry. In The Connected Economy’s Power Source – CEO Edition, find out why Pair thinks that merchant and consumer adoption of blockchain will continue to accelerate in 2021. Get the Full...
The price of bitcoin fell this weekend, down as much as 19.5 percent from the record highs from the past week, CNBC writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
A bill proposed in Alaska would make it the first state in the U.S. to leverage blockchain for statewide voting, Alaska Public Media reported on Thursday (April 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The Commodity Futures Trading Commission has issued a judgment against a Ponzi scheme operator, David Gilbert Saffron, and a Nevada corporation, Circle Society, a press release says, to pay together the amount of $14,841,280 to defrauded pool participants, disgorgement of $15,815,967, and a civil monetary...
Former SEC chair Jay Clayton has warned of new bitcoin regulations possibly coming soon, CoinDesk reports. 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...
Blockchain-based payments provider Ripple said it has agreed to acquire 40 percent of Tranglo, a cross-border payments specialist. This partnership will allow San Francisco-based Ripple to meet growing customer demand in Asia, the company said in a press release. Get the Full Story Complete the form...
There’s been a lot said, written and pontificated when it comes to collaboration in the financial services business: banks should collaborate with FinTechs, the Federal Reserve should collaborate with banks, and data aggregators should collaborate with everyone. Get the Full Story Complete the form to...
