Just about three weeks after Credit Agricole became a minority shareholder in blockchain startup SETL, Citi is investing in the company, too, Coindesk reported. SETL seeks to make exchanges of cash and other assets easier with its ledger. Other investors include Computershare, Deloitte and banking company...
With an international bitcoin craze up and running, Congress is taking a closer look at how it can gain better oversight procedures for an asset class that has come from nowhere. Support for the measure has the rare stamp of bipartisan approval. Get the Full...
What happens to a company when demand is so high that it can’t scale fast enough? What happens when bad guys make off with the cryptocurrencies its supposed to be trading, unauthorized charges gather steam or glitches snowball? Get the Full Story Complete the form...
The big bucks come anonymously in cryptoland. 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, PYMNTS Today. By completing this form, you agree...
Worldpay and Visa disclosed late last week that they are reversing duplicate transactions that resulted in unauthorized withdrawals. 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...
While there has been plenty to fear when it comes to hackers stealing virtual currencies from online investor accounts, reports of thieves carrying out real-life robberies has the biggest crypto enthusiasts on high alert. Get the Full Story Complete the form to unlock this article...
As the popularity of bitcoin and other digital currencies grows, would it make sense for the U.S. government to create a new watchdog to oversee cryptocurrencies? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Marking the first prosecution in Chicago of theft in the cryptocurrency industry, a trader with a financial firm was charged with fraud. Joseph Kim allegedly misappropriated $2 million in bitcoin and litecoin, the United States Department of Justice said in a press release. Get the...
An investigation by the Federal Communications Commission (FCC) has found evidence that a bitcoin mining operation based in the Brooklyn borough of New York City, New York, had interfered with T-Mobile US. Inc.’s broadband network. Get the Full Story Complete the form to unlock this...