Blockchain startup AriseBank’s CEO is facing up to 120 years in prison for misleading investors in a crypto scam. According to The Next Web, Jared Rice defrauded investors out of $4 million after he claimed the company would become the “first decentralized banking platform” — offering FDIC-insured...
The Nasdaq is planning to launch bitcoin futures as early as next year through a partnership with VanEck. 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...
The UK’s Financial Conduct Authority (FCA) revealed that it has launched investigations into 50 cryptocurrency companies over unlicensed operations. 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...
In the digital payments space, it used to be people built holdings of tokens. 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...
A New York woman has pleaded guilty and faces up to 20 years in prison for helping ISIS by carrying out an elaborate scam involving bank fraud, cryptocurrencies and money laundering. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Ethereum’s co-founder doesn’t seem impressed with the IBM blockchain. 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 form,...
Ohio is leading the charge in terms of accepting bitcoin as a payment method, as it is the first state to accept bitcoin to cover tax bills. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A more than 30 percent drop in bitcoin prices last week ranks up there in terms of worst-ever one-week declines. There are signs, though, that the price drop for the marquee name in cryptos speaks to more than just speculative panic. Use cases remain limited, and...
Overstock is gearing up to sell its retail business, with a deal taking place in the next few months as it focuses solely on its blockchain initiatives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
