In the case of a high-tech crime California, a federal judge is allowing a defendant to pay his bail with cryptocurrency. Judge Jacqueline Scott Corley set the amount at $750,000 in bitcoin or another form of digital currency, the Daily Post reported. Get the Full Story...
Blockchain gets scrutiny on all sides, and in one looming examination, the United States Senate will examine the impact blockchain has on the energy ecosystem — specifically, how it affects the use of electricity. Get the Full Story Complete the form to unlock this article...
Thailand’s financial watchdog has published the names of seven firms that have applied for a license to operate in the cryptocurrency space within the country, Cryptovest reported. Trading sites such as Coin Asset, TDAX, Bitcoin Co. Ltd., Bitkub Online and Cash2coins have filed for a...
AT&T is facing a lawsuit from a cryptocurrency investor who claims that the telephone company’s negligence caused him to lose $24 million of digital currency, CNBC reported. The suit was filed by Michael Terpin in U.S. District Court in Los Angeles, who said that the...
Will the bond be the bond between blockchain and the (corporate) masses? 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...
Bitcoin hit its lowest pricing level since the end of June, MarketWatch reported, dipping below the $6,000 level on Tuesday (Aug. 14). Other cryptocurrencies, too, declined in value. Ether, for example, dropped by more than 9 percent. The price of bitcoin was $6,241.95 and the...
Cryptos are down roughly 69 percent from this year’s peak, and the let down may not let up. Beyond bitcoin, and the altcoins, the coin of the realm is panic. Perhaps that’s because fundamentals are woefully lacking, or are deteriorating.
The Ministry of Industry and Information Technology (MIIT) in China is seeking to double down on its efforts to make a fertile environment for blockchain technology development, Cryptovest reported. To that end, the ministry said it would “will speed up pushing innovative applications of blockchain technology,...
Gujarat, the Indian home state of Prime Minister Narendra Modi, is at the center of a bitcoin-based Ponzi scheme that could end up being the biggest banking scandal the country has seen. Get the Full Story Complete the form to unlock this article and enjoy...
