AT&T is facing a lawsuit from a cryptocurrency investor who claims that the telephone company’s negligence caused him to lose $24 million of digital currency, CNBC reported. The suit was filed by Michael Terpin in U.S. District Court in Los Angeles, who said that the...
Bitcoin hit its lowest pricing level since the end of June, MarketWatch reported, dipping below the $6,000 level on Tuesday (Aug. 14). Other cryptocurrencies, too, declined in value. Ether, for example, dropped by more than 9 percent. The price of bitcoin was $6,241.95 and the...
Cryptos are down roughly 69 percent from this year’s peak, and the let down may not let up. Beyond bitcoin, and the altcoins, the coin of the realm is panic. Perhaps that’s because fundamentals are woefully lacking, or are deteriorating.
The Ministry of Industry and Information Technology (MIIT) in China is seeking to double down on its efforts to make a fertile environment for blockchain technology development, Cryptovest reported. To that end, the ministry said it would “will speed up pushing innovative applications of blockchain technology,...
Gujarat, the Indian home state of Prime Minister Narendra Modi, is at the center of a bitcoin-based Ponzi scheme that could end up being the biggest banking scandal the country has seen. Get the Full Story Complete the form to unlock this article and enjoy...
Dish, one of the largest television providers in the U.S., announced that it would accept Bitcoin Cash payments from customers, according to a new report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Pascal Boyart, an artist in France, has come up with a new way to accept tips: He has added a QR code leading to his bitcoin wallet on a piece of artwork, Cryptovest reported. Boyart has already received about 0.11 of a bitcoin in tips,...
Romir Research Holding found that 44 percent of Russians know about virtual money and only 31 percent have an idea of what digital currency is, Cryptovest reported. The group reached out to people of different ages and incomes, as well as residents of various federal districts....
Starbucks brewed up a swirl of cryptocurrency intrigue last week. The coffee chain said it is among the companies that will work with Intercontinental Exchange’s planned digital asset company, Bakkt, “to create an integrated platform that enables consumers and institutions to buy, sell, store and spend digital assets...
