Even as a telecommunications conglomerate, it’s hardly surprising that Comcast is jumping into the world of blockchain. Via the firm’s Comcast Ventures, the company led a nearly $3.3 million funding round for blockchain startup Blockdaemon, solidifying Comcast’s presence in the distributed ledger scene. Get the...
As regulators crack down on cryptocurrency exchanges, bitcoin slid again on Thursday (March 8) by 7 percent over a 24-hour period. Following a high earlier in the week, the cryptocurrency has tumbled more than 15 percent, CNBC reported. Get the Full Story Complete the form...
Bitcoin’s price staggered on Wednesday (March 7), Reuters reported. The price of the marquee name in cryptocurrencies dipped as low as $9,450 in intraday trading when the Securities and Exchange Commission (SEC) announced there were “potentially unlawful” systems operating that allow the trading of cryptocurrencies. As...
On the heels of, perhaps, a foreshadowing of more regulatory oversight, bitcoin’s price staggered again on Wednesday (March 7). 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...
Japan’s Financial Services Agency is sending what Reuters terms “administrative punishment notices” on several of the nation’s cryptocurrency exchanges and some may be forced to suspend operations, the newswire reported, citing Nikkei’s business daily. Get the Full Story Complete the form to unlock this article...
Coinbase, the cryptocurrency exchange, announced Tuesday (March 6) the launch of the Coinbase Index Fund. 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,...
Bitcoin slipped away from the $12,000 level on Tuesday (March 6), MarketWatch reported. The fall came as traders were taking in the news that Coinbase is facing two class-action lawsuits. Bitcoin was at $10,773.54 as of 7:17 p.m., according to CoinDesk. Get the Full Story...
Payments and commerce so often boil down to giving consumers what they want, and the same is looking to be true for blockchain, the popular distributed ledger technology underlying cryptocurrencies such as bitcoin, Ethereum and Litecoin. Get the Full Story Complete the form to unlock...
As Coinbase seeks to make more acquisitions, the popular U.S. cryptocurrency exchange has hired LinkedIn’s former VP of corporate development. Emilie Choi took the helm as Coinbase’s new VP of corporate and business development on Monday (March 5), Fortune reported. While at LinkedIn, Choi was involved in more than 40...
