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...
The Chamber of Digital Commerce announced news on Tuesday (April 17) that Discover Financial Services, the payments company, has been added to its executive committee. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Before Cambridge Analytica got caught up in a scandal involving the use of Facebook data, it was thinking of raising money through crypto, Reuters reported. According to sources familiar with the plan, the company had reportedly approached a firm that advises clients about structuring initial...
A YouTube broadcaster, who is famous for his reviews of initial coin offerings (ICOs), is reportedly out $2 million due to an apparent hack, The Next Web reported. Ian Balina was reportedly notified of the hack through comments during one of his livestreams. “Ian, did...
Coinsecure, a cryptocurrency exchange based in India, said Monday (April 16) that roughly $3 million worth of bitcoin were stolen from the company’s bitcoin wallet. The number of bitcoins stolen, the company said, comes to about 438. Get the Full Story Complete the form to...
The Litecoin Foundation is making a second attempt at debit cards, City A.M. reported. According to a tweet from the creator of Litecoin, Charlie Lee, the foundation is working with TenX to bring the card to market. Get the Full Story Complete the form to...
Trust is the most valuable of assets, and the currency of our digital future. In the wave of concerns over data privacy and data integrity, can trust be decentralized and still remain trusted? Eric Ly, who co-founded LinkedIn, tells Karen Webster that his latest endeavor,...
Banco Santander, the Spanish bank, announced on Thursday (April 12) the launch of a new international payments service that is based on Ripple’s blockchain technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...