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 million euros ($1.9 million) from its victims. Get the Full Story Complete...
The U.S. Securities and Exchange Commission (SEC) announced that it has filed a lawsuit against Kik Interactive for allegedly conducting an illegal $100 million securities offering of digital tokens. The agency has accused Kik of selling the tokens to investors without registering its offers and...
Mexico’s Amero-Isatek has announced that it will open its first physical cryptocurrency exchange in Nuevo León, Monterrey on June 21. There are also plans to expand to seven additional locations across the country, including Queretáro, Sinaloa, Quintana Roo, Jalisco, South Lower California, and Yucatán. Get...
An emerging group of financial services firms led by UBS Group is looking to develop a crypto-based system to settle cross-border trades. Among the big banks included in the gang of 14 are, apart from UBS, Barclays PLC, Nasdaq Inc., Credit Suisse Group AG, Bank...
National insurers USAA and State Farm announced last week that they inked a deal to pay each other claims on the blockchain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
North Korean hackers have targeted South Korean cryptocurrency exchange UpBit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...
Canadian social media company Kik has announced a crowdfunding effort aimed to help it — and other cryptocurrency firms — fight the U.S. Securities and Exchange Commission (SEC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Cryptocurrency exchange Binance moved a whopping $1.26 billion worth of bitcoin on Wednesday (May 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
A European Central Bank (ECB) official is throwing his support towards wholesale central bank digital currencies (CBDCs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
