European car financing firm Auto1 FT is shifting all manual processes to smart contracts on the Ethereum blockchain, the first firm in Europe to do so, according to a press release on Thursday (Oct. 7). Get the Full Story Complete the form to unlock this article...
Traditional banking and DeFi are often at loggerheads with many who doubt the ability of decentralized, permissionless platforms to provide the same level of consumer protection as is available on regulated platforms. Get the Full Story Complete the form to unlock this article and enjoy...
Bitcoin’s price jumped almost 10% Wednesday (Oct. 6) to nearly $55,000 per coin after reports surfaced about billionaire George Soros’ investment firm, Soros Fund Management, buying some of the world’s most valuable cryptocurrency, according to a CNN report. Get the Full Story Complete the form...
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Enterprise-grade digital FinTech platform COTI is partnering with payment processing gateway Simplex to offer bank accounts and Visa debit cards on the Cardano blockchain, according to media reports and a company blog post. Get the Full Story Complete the form to unlock this article and...
Corporate investment banking company BNY Mellon, through its participation in the Marco Polo Network, has become part of a group working to introduce blockchain technology into international trade finance, according to a Tuesday (Oct. 5) press release. As part of the collaborative effort, BNY Mellon...
Edward Snowden said he thinks China’s crypto ban has been a boon for bitcoin, Decrypt reported. 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...
Compound Labs, which accidentally sent users a combined $90 million from its DeFi system because of a glitch, is offering to let users keep 10 percent of the money if they voluntarily return it. Get the Full Story Complete the form to unlock this article...
Visa is working on a universal payment channel project that connects blockchain networks to a variety of cryptocurrencies, stablecoins and central bank digital currencies (CBDCs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
