Bitcoin can add another naysayer to its list: JPMorgan Chase & Co. chief executive Jamie Dimon. According to a report in Reuters, Dimon recently stated during an investor conference in New York that Bitcoin “is a fraud” and predicted the cryptocurrency would implode. Get the Full Story...
North Korean hackers are increasing their attacks on cryptocurrency exchanges to try to secure bitcoin and other cryptocurrencies. 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...
R3 Holdco and Ripple Labs are embroiled in a lawsuit. The two U.S. blockchain startups are suing each other over option contracts to purchase XRP, Ripple Lab’s cryptocurrency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The value of cryptocurrency transactions is forecast to surpass $1 trillion this year, which is 15 times the level reached in 2016. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Bitcoin Cash, the result of a recent split off of the digital currency, gave bitcoin owners an equal amount of Bitcoin Cash and Bitcoin, creating a new tax headache at a time when the Internal Revenue Service is providing little guidance. Get the Full Story...
Visitors to Russian Burger King locations may have a new pay to pay for their Whoppers, onion rings and soft drinks with the advent of the fast food chain’s personal cryptocurrency system, a digital payment method the company’s Russian unit is calling “Whoppercoin.” Get the...
The Securities Exchange Commission (SEC) announced Thursday (Aug. 24) it has temporarily suspended trading in the securities of Canada-based company First Bitcoin Capital Corp. (BITCF). In a press release, the SEC said the suspension will stay in place until Sept. 7 of this year. Get the...
Mercury Protocol, a project backed by billionaire investor Mark Cuban, is looking to change how people interacts over the internet. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Reaching the peak interest among those in a particular industry just before it goes mainstream is something that’s happened on more than one occasion. Ranging from the housing bubble in the late 2000s to the dot-com bubble of the mid-’90s and the tech bubble of...