PYMNTS

APRIL 16, 2020

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 team efforts.

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Chris Skinner

JULY 18, 2017

I was interviewed by UBS’s wealth management team a month ago, when the bitcoin bubble was in full bloom. That is the contention of Chris Skinner, Chairman of The Financial Services Club, author of thefinanser.com blog and one of Financial News’ ‘FinTech 40’ most influential people in financial technology.

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PYMNTS

DECEMBER 30, 2020

At a time when 90 percent of Americans have never owned bitcoin and nearly 70 percent say they have no plans to do so in the future, the thought of widespread adoption and usage of cryptocurrency seems to be a distant prospect for most people. Bitcoin is awesome. Ternio CEO Daniel Gouldman , however, is not one of them. “I Baby Steps

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PYMNTS

OCTOBER 9, 2020

Bitcoin and other cryptocurrencies are continuing to attract attention from authorities for all the wrong reasons. FBI Director Christopher Wray added that his agents have observed the dangers of cryptocurrency’s criminal usage firsthand, noting that a promising technology has sometimes been used to conduct illicit activities. “To

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Chris Skinner

SEPTEMBER 18, 2017

As part of the blockchain conference, I chaired a session with some central bankers talking about their views on distributed ledger technologies. As mentioned on Friday, they see … The post The regulator’s view of bitcoin, 2017 appeared first on Chris Skinner's blog.

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PYMNTS

OCTOBER 7, 2016

It’s not yet the holidays, but it’s almost Diwali, the Hindu festival of lights, a fitting theme for today’s bitcoin news. And bitcoin purveyors and exchangers are eyeing an emerging eCommerce market in India that might offer the right components for traction. So, what’s going on with bitcoin in light of Diwali?

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South State Correspondent

MAY 9, 2022

The most significant problem with bank innovation is that bankers see or hear about a sexy piece of technology at a conference or at another bank and then acquire it. The new piece of technology ends up solving a known problem but, in the process, creates more problems, and risks, than it solves.

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PYMNTS

APRIL 21, 2019

Afghanistan is looking to boost its ailing economy with bitcoin. Sediq explained that bitcoin could be used with a form of metals future, such as lithium, adding that the value of Afghanistan’s mineral reserves is estimated at more than $3 trillion. In the meantime, Afghanistan isn’t the only country looking into bitcoin.

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PYMNTS

JANUARY 20, 2019

Meanwhile, a study by data firm Chainalysis has found that bitcoin as a form of payment doubled in 2018 on darknet market sites. Bitcoin transaction volumes on darknet markets, where people can buy illegal goods, saw an increase over the entire year to reach an average of $2 million daily.

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PYMNTS

NOVEMBER 11, 2016

In this week’s Bitcoin Tracker, bitcoin soars, then settles down and plans for its yearly sale abound. Switzerland gives bitcoin a hand by way of rail ticket machine sales, an Australian startup banks on the aptly named Dash and Zcash fervor fades. But as markets saw their prices fall, bitcoin’s numbers went up.

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PYMNTS

NOVEMBER 15, 2018

CIMB , a banking group that operates in countries such as Malaysia, Cambodia and Thailand, has inked a deal with Ripple in order to bring the company’s blockchain technology to its SpeedSend remittance offering, Cryptovest reported. It will also reportedly work with more than one ledger technology, such as bitcoin and Ethereum.

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PYMNTS

NOVEMBER 4, 2020

Bit by bit — but more than bitcoin by bitcoin — cryptos are inching into the mainstream, for both consumer and commercial applications. Elsewhere, Square announce last month that it has invested $50 million — approximately 1 percent of its total second-quarter assets — to purchase roughly 4,709 bitcoins. “We

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Bank Innovation

JUNE 30, 2017

Investing in bitcoin is easy. Buying a tank of gas with bitcoin…uh. That’s more of a challenge, according to this Utah County couple who tried paying for life’s necessities only in bitcoin.

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PYMNTS

APRIL 9, 2019

China could move to ban mining for bitcoins if a draft list of activities the country’s state planner wants to ban becomes law. It has also been clamping down on bitcoin mining which has resulted in bitcoin mining operations setting up shop outside of China. The list was first made back in 2011, noted the report.

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PYMNTS

JANUARY 25, 2019

Supermarkets are home to some of retail’s major and ongoing technological advances — and 2018 stands as a big year for grocery innovation. According to Bergquist, the Coinstar-Coinme bitcoin effort represents the “largest mainstream on-ramping to date” for the digital currency. Who Uses Bitcoin ATMs, Anyway? supermarket.

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PYMNTS

DECEMBER 30, 2018

The group’s main goal will be to “know, deepen and address the issue of distributed ledger technologies (DLT) and blockchain, as well as increase public and private investments in this direction.” In other news, Craig Wright, the self-proclaimed inventor of bitcoin, has had his move to dismiss a lawsuit against him denied by a U.S.

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PYMNTS

OCTOBER 27, 2020

Blockchain industry stocks are on the rise as bitcoin reaches new heights, Seeking Alpha reported. HIVE Blockchain Technologies, Riot Blockchain and Marathon Patent Group are on the uptick, according to the report, which was published early Tuesday (Oct. Bitcoin reached higher than the $13,600 level intraday. as of 7:19 p.m.

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PYMNTS

NOVEMBER 9, 2020

As other stocks rebounded at the news of a breakthrough in Pfizer and BioNTech’s joint COVID-19 vaccine, bitcoin fell sharply to nearly $14,815, according to CoinDesk. Nellie Pou introduced new cryptocurrency regulations in a bill titled “Digital Asset and Blockchain Technology act,” on Thursday, Nov. Meanwhile, New Jersey Sen.

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PYMNTS

MARCH 3, 2020

The blockchain for the Marshallese sovereign (SOV) digital currency will be developed with Algorand technology, according to an announcement. Algorand created a permissionless, open source and pure proof-of-stake blockchain technology. The supply of SOV will be set to increase at 4 percent yearly to stop inflation from occurring.

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PYMNTS

NOVEMBER 14, 2018

A spokesperson told TNW , “Arket has done a small Proof of Concept (POC) through a pilot testing with VeChain to use blockchain technology to secure product data traceability in the value chain.” And scammers in Australia are trading iTunes vouchers for bitcoin as their payment of choice, TheNextWeb reported. million at the time.)

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Chris Skinner

FEBRUARY 18, 2018

Unless you have been asleep for the last year, you cannot have failed to catch the buzz around bitcoin and other cryptocurrencies such as Ethereum’s Ether and Ripple’s XRP. There are even some coins that were created as a joke that are getting significant investments, such as Dogecoin.

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PYMNTS

DECEMBER 17, 2019

Bitcoin may struggle to recover from the effects of one of the largest digital currency scams, Bloomberg reported Monday (Dec. PlusToken conspirators have reportedly sold approximately 25,000 bitcoins as well as another 20,000 tokens distributed throughout over 8,700 anonymous crypto addresses. The price of bitcoin was $6,875.71

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PYMNTS

NOVEMBER 30, 2020

27 that it was partnering with the pizza chain to process cryptocurrencies, including Bitcoin, Litecoin, Binance Coin, Binance USD, Tether, Dash, Ether, Dai and XPT, Cryptobuyer’s native coin. Chinese law enforcement seized 194,775 Bitcoin, 833,083 Ethereum, 487 million XRP, 6 billion Dogecoin, 27.6 billion) from more than 2.6

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PYMNTS

JUNE 11, 2020

Portall Infosystems of India created the PCS technology and has put it into place at 13 significant ports in the country and 19 ports overall with over 16,000 business stakeholders. Bitcoin IRA rolled out its inaugural self-directed retirement account for individuals that mandated a balance of at least $20,000.

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PYMNTS

NOVEMBER 19, 2018

It has not been a great week for the price of bitcoin, or really any cryptocurrency for that matter. The price of bitcoin has fallen and stayed below $6,000 for the last four days and no one’s predicting a rally anytime soon. Why Bitcoin Busted. Don’t say we didn’t warn you.

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Chris Skinner

MAY 26, 2017

I’m being asked this a lot as the value of bitcoin and other cryptocurrencies have increased ten-fold in the past few weeks. There’s also underperforming Chinese markets and increased demand for the cryptocurrency in a number of Asian countries, particularly Japan where bitcoin is semi-legitimised. It’s funny.

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PYMNTS

FEBRUARY 3, 2020

Marshals Service is auctioning roughly $40 million in bitcoin, CoinDesk reported on Monday (Feb. The auction of 4,040 confiscated bitcoin — worth $37.7 Investor Tim Draper won nearly 30,000 bitcoin across 10 auction blocks. . million at press time — is for people who are registered to bid by Feb. This is the first U.S.

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Chris Skinner

FEBRUARY 20, 2018

I’m often asked how bitcoin works, where to buy them and how does it relate to blockchain and differ from ethereum, etc, etc. He has also kindly let me republish his blog … The post Everything you need to know about bitcoin appeared first on Chris Skinner's blog.

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PYMNTS

FEBRUARY 4, 2020

BitPay, a leading Bitcoin and cryptocurrency payment service, said that it will soon allow invoices to be paid from any Bitcoin wallet or crypto exchange, according to a report Tuesday (Feb. BitPay’s customers want to support all the Bitcoin wallets, just like they want to support all cryptocurrencies for payments.

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ATM Marketplace

NOVEMBER 1, 2022

Bitcoin and cryptocurrency can often be difficult to understand. A panel of self-service industry experts discussed the technology in detail and debunked several misconceptions.

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PYMNTS

JANUARY 3, 2019

3) that it will pay a portion of its state business taxes in Ohio in bitcoin, becoming the first major U.S. company to pay state taxes in bitcoin. Paying taxes via bitcoin is not the first milestone for the online retailer, which is morphing into a leader in blockchain technology and cryptocurrency. Ohio is the first U.S.

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PYMNTS

NOVEMBER 26, 2019

In other news, crypto exchange Bitfinex and its sister firm, stablecoin issuer Tether , have been accused again of manipulating the bitcoin markets. 22, says that both companies “monopolized and conspired to monopolize the Bitcoin market.”. When Bitcoin prices were falling, Defendants and their co-conspirators printed USD?s

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PYMNTS

FEBRUARY 25, 2019

Billionaire investor Warren Buffett said that he sees “no unique value” in bitcoin, the world’s biggest cryptocurrency, calling it a “delusion, basically,” according to a report from CNBC. Bitcoin has struggled with value after reaching a high of almost $20,000 at the end of 2017. It attracts charlatans,” Buffett said. “If

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PYMNTS

MARCH 26, 2019

While bitcoin price briefly hit above $4,000 last week, the crypto is now nearing overbought levels. is banned from trading because of his alleged involvement in a bitcoin scam. Levine signed a letter with the Financial Industry Regulatory Authority ( FINRA ) agreeing to the ban, but did not admit or deny any guilt in the bitcoin scam.

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PYMNTS

OCTOBER 3, 2017

Citing people familiar with the matter, the Wall Street Journal reported that Goldman Sachs is mulling whether to launch a new trading business that is focused on bitcoin and other cryptocurrencies. If the firm moves ahead with these plans, it will be the first high-profile Wall Street company to deal directly in the bitcoin trading market.

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PYMNTS

JULY 30, 2020

The bitcoin exchange has seen record month-over-month peaks in user signups on its exchange as of the beginning of the COVID-19 pandemic in March. Paxful says it has experienced a 350 percent jump in the use of its infrastructure in Russia, Decrypt reported.

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PYMNTS

MARCH 31, 2020

The startup’s head of product, Conor Allen, was State Street’s senior vice president of enterprise data in the past, while former State Street executive Greg Haskins is the chief technology officer.

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