One year after bitcoin topped $19,400, the popular cryptocurrency rallied on Monday (December 17) and broke through the $3,400 level, CNBC reported. Still, the outlet noted that the digital currency plummeted by over 80 percent since that time. According some reports, the cryptocurrency had its...
Teenage bitcoin millionaire Erik Finman is now saying that the cryptocurrency is “dead.” 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....
Boerse Stuttgart Group, Germany’s second-largest stock exchange, has announced the launch of its own cryptocurrency trading platform in the first half of 2019. In addition, solarisBank will provide the required crypto trading banking services to Boerse. Get the Full Story Complete the form to unlock...
Bitwala has rolled out digital currency banking services in Germany through a partnership with a regulated FinTech firm that has a banking license, CoinDesk reported. Through the offering, customers can control deposits in both euros and bitcoin (BTC), in the same place, through the “safety...
Samsung filings in Europe hint at a new shot across the blockchain smartphone bow. Elsewhere, distributed ledger technology is being used to underpin commodities transactions, even while being viewed as a systemic risk by some financial industry participants nonetheless signing on to their own blockchain...
BitPay has announced that OneGold, a marketplace that combines the benefits of gold and silver with blockchain-based digital assets, is now accepting bitcoin and bitcoin cash. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
State Farm announced that it is testing out blockchain technology to streamline the subrogation process for auto claims. 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...
Bitmain is reportedly shuttering its development center in Israel, which was created two years ago, TheNextWeb reported. The outlet said a number of the center’s staff members will be laid off, and Bitmaintech Israel Head Gadi Glikberg, who is also a Bitmain VP, will leave...
Venezuela is finally getting ready to transition to the petro for oil sales next year. 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,...
