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...
In the first half of 2018, cyber criminals have stolen approximately $1.1 billion worth of digital currency, CNBC reported. To make these thefts possible, some criminals are turning to tools on the dark web: Cybersecurity company Carbon Black said there are around 12,000 marketplaces related...
Send is gearing up for the pre-sale of a digital token that seeks to offer price stability, the company said in an announcement. Through a Send Consensus Network and a liquidity formula, the token keeps a stable reference price – and solves some of the...
Eric Ly, a LinkedIn co-founder, is raising money for a token tied to a future platform called ICOHub, CoinDesk reported. The Hub Token has raised just over $13.5 million in a Simple Agreement for Future Tokens (SAFT) sale. In all, $20 million is being offered...
Shares of Square have risen almost 50 percent, adding about $8 billion in market value, since the company launched bitcoin trading last year for its Cash App customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Crypto startup Paxos has notched $65 million in funding to expand its operations, Reuters reported. Investors included Liberty City Ventures and RRE Ventures, along with Jay Jordan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Investors who thought they would get stock in a blockchain project were bilked out of approximately 300 million yuan – or nearly $47 million – through an alleged pyramid scheme in China, Cryptovest reported. The suspects, which were arrested in the city of Jinan, allegedly told...
Months after South Korea’s Financial Services Commission banned token sales, the country’s National Assembly is seeking to allow some initial coin offerings (ICOs), CoinDesk reported. Through proposed legislation, the assembly is seeking to allow ICOs if they come with investor protections. Get the Full Story...
