A British personal finance expert is suing Facebook over ads for crypto that reportedly use his likeness, CoinDesk reported. Martin Lewis said that more than 50 ads have appeared on Facebook with his likeness over the past year. Two schemes, in particular, were for scams...
Bitcoin rose above the $9,000 level this past weekend as the cryptocurrency continued to notch gains following Tax Day, CNBC reported. Fundstrat Global Advisors’ Tom Lee had predicted that the digital currency would rebound following Tax Day. Americans were estimated to have owed the IRS...
Amber Baldet, the former head of JPMorgan Chase & Co.’s blockchain program, believes that companies need to make privacy a priority as they develop more blockchain applications. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Iran’s central bank has banned the country’s banks from dealing in all cryptocurrencies, including bitcoin. 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,...
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...
Following an investigation in China, police have taken in multiple suspects in connection with a supposed blockchain pyramid scheme, Cryptovest reported. According to reports, the schemers said that those who invested 3 million yuan could earn 80,000 yuan per day. Authorities said that 86 million...
A crypto startup that seeks to create a “stable coin” has notched a whopping $133 million funding from some big names, TechCrunch reported. Basis, which is seeking to create a coin whose value will stay at around $1, raised the funds from the likes of...
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...