Bitcoin Daily: Japan’s LINE Debuts Crypto Lending; Hacks, Scams Among Reasons About 74 Crypto Exchanges Shut In 2020
Bitcoin Daily: Japan’s LINE Debuts Crypto Lending; Hacks, Scams Among Reasons About 74 Crypto Exchanges...
October 07, 2020  |  Bitcoin

LINE’s digital exchange operator and blockchain division LVC is rolling out a way for users to loan out digital assets to BITMAX, such as ethereum...

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Citi Fined $400M Over Faulty Risk Management Systems
Citi Fined $400M Over Faulty Risk Management Systems
October 07, 2020  |  Regulation

Federal banking regulators have fined Citigroup $400 million, ordering the third-largest U.S. bank to fix the “significant ongoing deficiencies” in its risk management systems, The...

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Scammers Love Bitcoin, But Consumers Aren’t So Enthusiastic
Scammers Love Bitcoin, But Consumers Aren’t So Enthusiastic
October 07, 2020  |  Bitcoin

With transactions that become irreversible almost instantaneously, bitcoin and other cryptocurrencies are winning new converts — among scammers eager to avoid credit card chargebacks that...

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Bank Of Korea To Begin Testing Distribution Of Digital Currency
Bank Of Korea To Begin Testing Distribution Of Digital Currency
October 07, 2020  |  Cryptocurrency

The Bank of Korea has said it plans to begin testing distribution of its digital currency next year, according to a report by The Korea...

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Americans Pull Back On Credit Card Borrowing
Americans Pull Back On Credit Card Borrowing
October 07, 2020  |  Economy

Americans cut their credit card balances in August for the sixth consecutive month, the Federal Reserve System reported Wednesday (Oct. 7). Get the Full Story...

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Just Eat Takeaway.com Shareholders OK Grubhub Deal
Just Eat Takeaway.com Shareholders OK Grubhub Deal
October 07, 2020  |  Partnerships / Acquisitions

Shareholders of Just Eat Takeaway.com have approved the company’s acquisition of Grubhub for $6.9 billion, Reuters reported Wednesday (Oct. 7). Get the Full Story Complete...

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Ruby Tuesday Files For Bankruptcy, Will Close 185 Locations
Ruby Tuesday Files For Bankruptcy, Will Close 185 Locations
October 07, 2020  |  Retail

Struggling casual dining chain Ruby Tuesday is filing for Chapter 11 bankruptcy protection, the restaurant announced on Wednesday (Oct. 7). Under the reorganization, the company said it plans to...

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Pandemic Will Push 150M Into ‘Extreme Poverty’ By 2021, World Bank Says
Pandemic Will Push 150M Into ‘Extreme Poverty’ By 2021, World Bank Says
October 07, 2020  |  International

The COVID-19 pandemic is accelerating a rise in global extreme poverty, the first time there has been an uptick since before 2000, the World Bank said on...

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Today In Retail News: Black Friday Could Have Shades Of Gray; Taco Bell Goes Into eGifting
Today In Retail News: Black Friday Could Have Shades Of Gray; Taco Bell Goes Into...
October 07, 2020  |  Retail

In today’s top retail stores, Black Friday is likely to look very different this year, Taco Bell is launching an eGifting service and Walmart is...

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