PYMNTS

JUNE 17, 2019

Bitcoin, the world’s most well known digital currency, has crossed the $9,000 mark for the first time in over a year, according to a report by CNBC. Bitcoin hit a high of $9,381.82 Bitcoin hasn’t been as high as $9,000 since May of 2018, and the cryptocurrency is now up 14 percent since January.

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PYMNTS

DECEMBER 9, 2019

Police in Brazil have shut down a bitcoin investment scheme that allegedly stole $359 million. The group apparently promised 5,000 people that it would give customers huge returns on bitcoin investments.

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PYMNTS

NOVEMBER 19, 2020

Meanwhile, online gamblers are taking advantage of bitcoin’s surging prices to cash out their winnings in cryptocurrency, Bloomberg reported. In other news, the U.S. Freeman allegedly worked with five co-conspirators.

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Bank Innovation

MARCH 22, 2018

The social media/fintech executive made headlines in the crypto world.Read More. EXCLUSIVE— With cryptocurrencies losing their luster in the public — and the regulatory — eye, some in financial services still remain bullish on the currency even as its value falls.

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MARCH 12, 2018

As cryptocurrencies fuel discussions on forums and news websites, a new version of a Thomson Reuters Corp tool will capture online chatter around bitcoin. MarketPsych Indices will scan more than 400 websites to analyze bitcoin themes and sentiments, Reuters reported.

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PYMNTS

FEBRUARY 19, 2018

News came President’s Day that an anonymous investor ponied up nearly $400 million to snap up bitcoin, the name most synonymous with digital currencies. MarketWatch said Monday that the huge investment came from a bitcoin address, 3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64 to be exact. The slug came over a time span stretching from Feb.

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PYMNTS

DECEMBER 15, 2019

Meanwhile, Bottle Pay, the bitcoin payments startup, closed down, noting the AMLD5 European Union regulation that is taking effect early in January, Coindesk reported. The Bottle Pay app once let users send small portions of bitcoin via social media handles and texts from Twitter to Telegram.

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PYMNTS

JULY 27, 2017

With 64 percent of Americans having experienced some level of a data breach, Pew Center Research confirms these instances result in a lack of public trust for both institutions and social media sites. Cryptocurrencies like Bitcoin were created to help add an additional layer of security to rising digital transactions.

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PYMNTS

JULY 27, 2018

FitPay , the startup technology platform that adds contactless payment capabilities to wearable and Internet of Things (IoT) devices, is looking to serve consumers who own bitcoin with a new payment device. Beyond bitcoin , FitPay plans to look into more cryptocurrencies in the future.

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PYMNTS

JUNE 6, 2019

Dutch billionaire John de Mol, who created the reality TV program “Big Brother,” is suing Facebook for allowing fake ads which used his name and image to commit bitcoin-related fraud that swindled 1.7 De Mol’s lawyers accuse the social media giant of failing to prevent the ads, as well as not responding fast enough to complaints.

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JUNE 23, 2019

Bitcoin price surpassed $10,000 for the first time in more than a year. In fact, bitcoin has more than tripled in value from its low at the end of 2018, giving investors hope that the worst is over for the world’s most popular crypto. But this latest rebound, which has been less hyped, could be a sign the market is maturing.

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PYMNTS

MAY 3, 2019

Bitcoin price seems to be recovering — up low single digit percentage points at this writing — to a bit more than $5,700, and then backing off a bit to a recent $5645. The Times noted there are “no immediate news catalysts” that are in place to send bitcoin higher. A real lift or a dead cat bounce?

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PYMNTS

MAY 3, 2019

Bitcoin seems to be recovering– up low single digit percentage points at this writing – to a bit more than $5,700 and then backing off a bit to a recent $5645. The Times noted there are “no immediate news catalysts” that are in place to send bitcoin higher. real lift or a dead cat bounce?

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PYMNTS

NOVEMBER 22, 2016

Bitcoin wallet iPayYou continues to work toward a future with bitcoin as the default currency. It was just announced that iPayYou has made a way for consumers to pay for items on Amazon with bitcoin, called Amazon Direct. Now iPayYou users can transfer any amount of bitcoin from their bitcoin wallet to Amazon.

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PYMNTS

FEBRUARY 16, 2020

Blockchain-based social media platform Steemit has partnered with the Tron foundation to bring users to Tron. Defendants Breonna Clark, of Denver, Colorado, and Venture Capital Investments Ltd are charged with soliciting American citizens to trade foreign currency and Bitcoin using a communal digital pool.

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PYMNTS

APRIL 20, 2018

Two men from South Korea were sentenced for running a bitcoin pyramid scheme that stole around 20 billion Korean won ($20 million) from investors. The scheme began in 2015 and eventually grew to become a multilevel company by promising investors high returns through investments in bitcoin.

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Payments Source

JULY 16, 2020

What made the attack on famous Twitter accounts so problematic wasn’t the high profile of its victims, but the non-technical and repeatable method the assailants used.

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PYMNTS

APRIL 26, 2019

Amazon Embraces Bitcoin. Bitcoin , through the lightning network, will soon be available as an option to pay on Amazon and other eCommerce sites. Amazon itself does not handle the bitcoin, and it was not clear which financial institutions are converting it from crypto to fiat (real currency) so merchants can receive actual money.

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MARCH 30, 2018

With fresh concerns about government regulation of cryptocurrency surfacing, Bitcoin and other digital tokens continued the recent declines in value, erasing $550 billion in value for the global cryptocurrency market since the start of 2018. That exchange provides pricing for CME’s bitcoin futures.

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PYMNTS

JUNE 23, 2019

Byrne told CNN Business that the social media giant’s launch of its own digital currency validates the space — and Overstock would be open to partnering with Facebook on the project. This partnership opens the door for massive expansion of bitcoin access to new markets around the globe.”. “We

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APRIL 5, 2020

Reynolds reportedly oversaw the operation, which misappropriated at least 22,858 bitcoin from over 1,000 customers from May of 2017 until last July when the complaint was filed. The firm claimed it would return customer funds, but allegedly was in the process of liquidating the bitcoin for around $147 million.

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PYMNTS

JULY 13, 2020

A South Korean court referenced the coins saying they “have been recognized only as a function of currency and have not been subject to income tax, but recently, virtual assets (like Bitcoin) are increasingly being traded as goods with property value. They falsely claimed to have a Harvard-educated CEO backing them. And, the U.S.

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PYMNTS

APRIL 14, 2019

With these two provisions, it is written in black and white that SPFs can invest in cryptocurrencies like bitcoin,” said Simmons & Simmons attorney Emilien Bernard-Alzias, according to CCN. Assembly members voted to adopt the measure, with Economy Minister Bruno Le Maire saying he was “very happy with the adoption of the law PACT!

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PYMNTS

MARCH 23, 2020

The billionaire investor said per Inc42 , as cited by the Cointelegraph report, “I met several Bitcoin and crypto startups while I was in India last week. I hope to be able to fund a number of them.”. Beyond Draper, WazirX and Binance publicized their $50 million “ Blockchain for India ” fund earlier this month.

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Bank Innovation

FEBRUARY 1, 2018

EXCLUSIVE – Payments might not be a substantial portion of social media platform Facebook’s revenues, but it is an important one — particularly as non-payment companies increasingly begin to launch payment capabilities for social media platforms such as Messenger.

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PYMNTS

JULY 1, 2019

The post reportedly directed victims to a fake story about Sheikh Mohammed bin Zayed, the crown prince of Abu Dhabi and deputy supreme commander of the armed forces, claiming that he wants to make people rich via a fake bitcoin trading platform. We have had official dialogue with Facebook.

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PYMNTS

MAY 23, 2019

In addition, SCB social media reps have revealed on Twitter that more information about the Ripple integration “will be announced [sic] soon,” reported The Next Web. “If bitcoin continues its growth trend, we can expect more cryptocurrency scam apps to emerge in the official Android app store and elsewhere.

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PYMNTS

FEBRUARY 14, 2020

Chiliz has created a coin called Barca Fan Token due to its partnership with the Spanish sports giant, which can be used on its social media app Socios. BlockFi caught people’s attention last year when it started providing interest-bearing accounts for offering returns paid out in Bitcoin or Ether.

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PYMNTS

DECEMBER 12, 2019

Twitter and Square CEO Jack Dorsey announced plans to support an independent team “of up to five open source architects, engineers, and designers to develop an open and decentralized standard for social media,” according to Coindesk. The goal is for Twitter to ultimately be a client of this standard,” Dorsey said.

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PYMNTS

OCTOBER 29, 2019

As for Facebook’s Libra, Qifan doesn’t have high hopes for the social media giant’s crypto plans. “I Some companies attempt to challenge sovereign currency by issuing bitcoin or Libra. I personally don’t believe Libra will succeed,” he said.

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PYMNTS

JANUARY 1, 2021

In other news, Miami Mayor Francis Suarez, a nonstop social media cheerleader for the notion of building a high-tech ecosystem in South Florida, publicly embraced exploring using cryptocurrency to store some government financial reserves and blockchain to secure processes such as online voting.

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PYMNTS

JULY 14, 2019

And the operator of BitFunder, a defunct trading platform that was denominated in bitcoin, and WeExchange was sentenced for obstruction of justice as well as securities fraud, CoinDesk reported. The slide deck was reportedly leaked through social media by an accountant. at the World Bank.

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PYMNTS

OCTOBER 14, 2019

And Block Matrix , which created an app that allows users to send bitcoin through their social media accounts, has secured a $2 million investment for the development of a new app for the retail sector. “We We are trying to break down the barriers to allow everyone to use bitcoin,” said founder Pete Cheyne.

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PYMNTS

SEPTEMBER 29, 2020

Whale Alert, a transaction tracing social media account, highlighted 18.4 The company kept its withdrawal and deposit block into Tuesday (Sept. 29) and started to call off programming that had been set in the past. million XRP coins going into a “hack wallet.”.

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PYMNTS

JUNE 6, 2019

The social media giant has been working on the project — code-named Project Libra — for more than a year, centered around the company’s own digital coin that users can send to each other, as well as use to make online purchases.

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PYMNTS

JULY 14, 2016

Bitcoin may be a preferred method of payment for a slew of tech-savvy people, but it has yet to take off with the masses, or even micro-masses. iPayYou, the bitcoin wallet, is aiming to change that with a new service launched today (July 14). The payment can be deposited as bitcoin or traded in for U.S.

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PYMNTS

MARCH 22, 2019

Much hype and hope surrounds the adoption of cryptocurrencies — bitcoin among them as the marquee name in the space, of course — beyond the Wild West of speculative trading that exists now. Favor has met with disfavor, and bitcoin now trades at $3,990 — a bit above nadirs around $3,400 and well off highs that neared $20,000.

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