Goldman Sachs said that when it comes to being assessed on the majority of the key characteristics of money, there’s no competition — gold wins out over cryptocurrencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Hackers are using virus-infected consumer computers to generate bitcoin, according to news from The Wall Street Journal. Unknowing users may be having their processing power commandeered to mine the virtual currency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
It’s been a big year for cryptocurrency. In particular, bitcoin – the first and best known unregulated, exclusively digital currency – was trading near $6,000 as of late October 2017, with some analysts predicting that in the future, prices will peak somewhere north of $10,000....
Taiwan is the latest country to make comments about bitcoin regulation, according to news from Reuters. 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,...
Jordan Belfort—a former stockbroker portrayed by Leonardo DiCaprio in The Wolf of Wall Street—called initial coin offerings, or ICOs, “the biggest scam over.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Billionaire investor and Saudi Arabian prince Alwaleed bin Talal dismissed Bitcoin on Monday (Oct. 23), saying on CNBC’s “Squawk Box” that he expects the value of the unregulated cryptocurrency to “implode.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Bitcoin surged beyond $6,000 in trading late last week, setting a new record for the cryptocurrency. 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...
Plenty of industries and companies are eyeing blockchain – the technology that enables cryptocurrencies, such as bitcoin – but when it comes to corporate investors, SBI, Google, Overstock.com, Citi and Goldman Sachs are standing out from the pack. Get the Full Story Complete the form...
Over the summer, a small tech startup named Tezos managed to bring in $232 million online in a wildly successful “initial coin offering.” But, as summer has given way to fall, it seems a backroom brawl over control of the company may be at risk...
