Thursday (June 14) turned out pretty well for ether, which CNBC described as the “world’s second largest cryptocurrency.” The price of ether increased 9 percent after William Hinman, head of the Division of Corporate Finance for the U.S. Securities and Exchange Commission (SEC), said that his...
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Coinbase’s crypto index fund is now available to investors in the U.S., but there’s a slight restriction: Only accredited investors can participate, TechCrunch reported. The crypto exchange is now looking for those seeking to invest anywhere from $250,000 to $20 million. Already, the company has...
University researchers have noticed an interesting trend when it came to atmospheric jump in the price of bitcoin last year: They found that about half of bitcoin price increases last year happened after another cryptocurrency, Tether, flowed from one crypto exchange — Bitfinex — to...
Financial firms are investing $1.7 billion annually on blockchain technology per research from Greenwich Associates, Bloomberg reported. The research group also found that firms increased their blockchain budgets by 67 percent in 2017, and one in 10 banks — and other firms — reported spending more than $10...
There are apps for all sorts of tasks, but Apple doesn’t want apps to do one thing in particular — mine crypto, CNBC reported. In an update to its developer guidelines, Apple has banned mining. Get the Full Story Complete the form to unlock this article...
Thanks in part to the meteoric rise and subsequent decline in the price of bitcoin, the makeup of its holders has shifted from longer-term investors to more active ones, reported the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy...
Cryptocurrencies fell fast in just a few hours due to a flash crash that wiped out $15 billion. 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...
Coinrail, a small South Korean cryptocurrency exchange that disclosed over the weekend it was hacked, sent the price of bitcoin lower. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
