Circle Invest will be sold to Canada-based Voyager Digital by its current owner Circle Internet Financial, with Circle Invest gaining an equity stake in Voyager as a result. Common shares of 4 percent will be issued by Voyager to Circle Invest, and it will reimburse...
JPMorgan Chase’s marquee blockchain unit, Quorum, will merge with Brooklyn-based startup ConsenSys, according to sources familiar with the inner workings of the deal. The deal will be announced sometime within the first half of 2020, and financial terms were still unclear on Tuesday. Get the...
A new video ad campaign by Figure Technologies has “Blockchain,” the character explaining the eponymous technology, according to published reports Tuesday (Feb. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In the U.S., President Trump’s Fiscal Year 2021 budget, sitting at $4.8 trillion as of this week, proposes expanding the Treasury Department’s oversight of cryptocurrency. The budget, released Monday (Feb. 10) seeks to do so by returning the U.S. Secret Service under its umbrella, rather...
The blockchain is making it faster and easier for insurance service providers to fast track coronavirus claims. China’s online mutual aid platform Xiang Hu Bao, owned by Ant Financial, and Blue Cross (Asia-Pacific) Insurance in Hong Kong, have both used the blockchain to quickly process...
SEC Commissioner Hester Peirce has proposed a three year “safe harbor” for digital token projects that would let them develop networks and build communities before they’re considered securities that need to be enforced, according to a report Thursday (Feb.6) by Coindesk. Get the Full Story...
Clear, a startup that wants to build blockchain for huge-volume transaction systems like telecommunications companies, has announced a $13 million Series A funding round, according to reports. The funding round was spearheaded by Eight Roads, with participation from Telefónica Innovation Ventures, Deutsche Telekom’s Telekom Innovation Pool,...
BitPay, a leading Bitcoin and cryptocurrency payment service, said that it will soon allow invoices to be paid from any Bitcoin wallet or crypto exchange, according to a report Tuesday (Feb. 5) by Cointelegraph. Get the Full Story Complete the form to unlock this article...
The U.S. Marshals Service is auctioning roughly $40 million in bitcoin, CoinDesk reported on Monday (Feb. 3). The auction of 4,040 confiscated bitcoin — worth $37.7 million at press time — is for people who are registered to bid by Feb. 12. This is the first...
