Tencent-owned Chinese chat app WeChat has altered its terms of service agreement to stop merchants from raising funds using cryptocurrency or tokens, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Miners of cryptocurrency bitcoin made $291 million in so-called block rewards in April, which research firm Diar said was a 30 percent increase in monthly revenue. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
As the world of digital currency moves towards the traditional financial sphere, Currency.com is rolling out what the site describes as the first tokenized government bond in the world. The full debut will allow private and institutional investors to access 1,000 tokenized securities — except...
Generally speaking, price discovery is the way anything that changes hands – from stocks to bonds to software to services – finds a “real” price. It’s the agreed-upon price at which buyers will buy and sellers will sell, offering a sense of equilibrium – if only...
Governments are betting on blockchain to power tourism in cities. China, for instance, has a plan to turn 835 acres off the shores of Malacca, Malaysia into a city built off the technology. The city’s infrastructure will be constructed reportedly through the help of blockchain,...
Jaguar Land Rover, the U.K. vehicle maker, announced Monday (April 29) that drivers will be able to earn cryptocurrency and make payments in-vehicle using car services the company is currently testing. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
With questions surrounding the legitimacy of a “stablecoin” Tether along with regulatory concerns, the digital currency market lost roughly $10 billion in value over a period of an hour on Thursday (April 25). The move followed an allegation that Bitfinex covered up an $850 million...
Digital currency exchange Coinbase has shuttered its Chicago office and laid off 30 engineers, according to a report in Fortune. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Japanese billionaire and SoftBank Founder Masayoshi Son didn’t do well in his personal cryptocurrency investing, reportedly losing more than $130 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
