IBM announced on Thursday (April 26) that it has partnered with a consortium of leading diamond and jewelry companies around the globe to create a blockchain product to authenticate diamonds, precious metals and jewelry. Get the Full Story Complete the form to unlock this article and...
The Winklevoss twins are turning to Nasdaq to keep an eye out for trading manipulation, Quartz reported. Their crypto exchange, Gemini, will use Nasdaq’s tech to monitor transactions during continuous trading, as well as trading auctions. In a statement, Gemini CEO Tyler Winklevoss said that...
Armando “Pitbull” Perez is trying to disrupt the music industry by launching an international blockchain coding competition. 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...
A British personal finance expert is suing Facebook over ads for crypto that reportedly use his likeness, CoinDesk reported. Martin Lewis said that more than 50 ads have appeared on Facebook with his likeness over the past year. Two schemes, in particular, were for scams...
Bitcoin rose above the $9,000 level this past weekend as the cryptocurrency continued to notch gains following Tax Day, CNBC reported. Fundstrat Global Advisors’ Tom Lee had predicted that the digital currency would rebound following Tax Day. Americans were estimated to have owed the IRS...
Amber Baldet, the former head of JPMorgan Chase & Co.’s blockchain program, believes that companies need to make privacy a priority as they develop more blockchain applications. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Iran’s central bank has banned the country’s banks from dealing in all cryptocurrencies, including bitcoin. 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,...
Two men from South Korea were sentenced for running a bitcoin pyramid scheme that stole around 20 billion Korean won ($20 million) from investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
To store payment data, Walmart may be looking to the blockchain. The retailer drafted two patent applications that reference a platform powered by blockchain technology for vendor payments and digital shopping, CoinDesk reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...