JPMorgan Chase’s marquee blockchain unit, Quorum, will merge with Brooklyn-based startup ConsenSys, according to sources familiar with the inner workings of the deal. The deal will be announced sometime within the first half of 2020, and financial terms were still unclear on Tuesday. There are...
In a way, the deal seems old school. PayPal-owned money transfer operator Xoom said this week that its new agreement with Euronet Worldwide’s Ria will enable Xoom customers to pick up cash remittances from more than 150,000 Ria network locations. Cash, huh? It’s not as...
Bitcoin might soon face competition from a new emerging cryptocurrency, which is stirring up the Russian government into adopting new laws. A first of its kind, originating from Russia, cryptocurrency bitruble is being developed by Russian payments system company Qiwi, which reportedly claims to have...
To offset the effect of the sinking ruble, Russian consumers have been buying — and business is good. In the midst of the the country’s worst currency crisis since 1998, retail sales have surged the most in more than two years as a result of...
February 27, 2022
In Moscow and other Russian cities, people are trying to get cash, both in rubles and dollars, due to fears of a fiscal crash following the invasion of Ukraine, Financial Times writes. There were long lines of people trying to withdraw foreign currencies as soon as word of the invasion spread, and some banks ran […]
February 12, 2020
JPMorgan Chase’s marquee blockchain unit, Quorum, will merge with Brooklyn-based startup ConsenSys, according to sources familiar with the inner workings of the deal. The deal will be announced sometime within...
September 17, 2015
Bitcoin might soon face competition from a new emerging cryptocurrency, which is stirring up the Russian government into adopting new laws. A first of its kind, originating from Russia, cryptocurrency...
December 17, 2014
Apple took the unusual move Tuesday (Nov. 16) of shutting down all of its online sales in Russia due to what Apple said were “extreme” ruble fluctuations, Bloomberg reported. Those...
