Global blockchain firm Binance and blockchain payment service provider BitPay are teaming to increase adoption of the BUSD Binance stablecoin, according to an announcement. “With BUSD, BitPay expands blockchain payment choices for all our customers across the global payments space who want the flexibility of paying...
Nothing brings money to top of mind like tax season — and tax refunds and stimulus payments, doled out in the wake of a pandemic known as the coronavirus. The trillions of dollars in stimulus funding and tax refunds being extended to families, individuals and...
The owner of a site that wanted to sell fake coronavirus cures and accept payment in bitcoin has been seized by the U.S. Attorney’s Office for the District of Colombia. The site, coronaprevention.com, was posted on a hacker’s forum the day after the virus was...
An alleged new digital currency Ponzi scheme out of China, Antimatter Kingdom (AK), has seemingly brought in bitcoin valued at $11 million in under a single month of operation, Cointelegraph reported. AK reportedly called itself “a super mining application group” running on the CXC chain...
The Central Bank of Argentina (BCRA) is trying out blockchain in a new clearing system, and the technology could eventually be used by other large banks, according to CoinDesk. The solution, by blockchain developer IOV Labs, is intended to speed up fiat payments, putting in...
Two law researchers say regulators should take the cryptomarket into serious consideration, according to an Oxford Law blog post. Dr. Hadar Jabotinsky and Dr. Roee Sarel considered in the post how investors in crypto should respond to worldwide emergencies, and if the market presents a systematic...
Bitcoin ATMs are seeing consistent traffic during the pandemic, according to operators. The machines, often found in supermarkets, gas stations and other such hubs, are sometimes considered essential and can be found still operating even as many factions of society are locked down. Blockchain-based and...
Ant Financial rolled out a blockchain platform called OpenChain, which lets small- to medium-sized businesses (SMBs) and developers harness its proprietary blockchain technologies, according to an announcement. The technology offers many modules to developers that they can use in different mixes to create trust in...
Andreessen Horowitz is aiming to start a new cryptocurrency investment fund and to get $450 million for that endeavor, even as the global pandemic spooks most investors into conservative standpoints for now. Horowitz, which has been a supporter of Facebook’s divisive Libra currency since its...
