Hydro Québec, the largest utility in Canada, is being forced to review its energy strategy amid the surging demand caused by mining of digital currencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In the latest sign of regulatory action in the virtual currency realm, the Commodity Futures Trading Commission (CFTC) has filed a lawsuit against three virtual currency operators, with allegations that the trio had defrauded customers. Get the Full Story Complete the form to unlock this article...
In what could be the largest investment of its kind in a blockchain-related firm, a French startup that makes hardware wallets for cryptocurrencies has raised $75 million in a Series B round of funding, CNBC reported. The investment surpasses funding for BitGo and blockchain, which achieved...
Prices go up and prices fall and cryptos capture the imagination of traders, investors…and hackers. As 2018 gets underway, beware the risks beyond trading frenzies – such as being duped by the bad guys, who make off with the digital goods or stage phony IPOs,...
The looming specter of regulatory crackdowns in South Korea on bitcoin and other cryptocurrencies may leave one population collectively shrugging: crypto traders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
As bitcoin crashed Wednesday, one cryptocurrency remained surprisingly stable. Tether prices have stayed steady since Tuesday, after reaching an all-time high of $1.07 (£0.78) just after 3 a.m. on Wednesday, Express reported. Remarkably, Tether’s market capitalization also gained more than $100 million on Tuesday in...
Bitcoin took a tumble on Wednesday, dropping as much as 20 percent and dipping below the $10,000 mark, Reuters reported. By early evening, however, the currency had rebounded, hitting $11,153.21 at 5:25 P.M. according to CoinDesk. Get the Full Story Complete the form to unlock...
It seems that North Korean hackers have moved on from movies … to cryptocurrency. The same North Korean hacking group involved with the data theft at Sony Pictures Entertainment was behind attacks on South Korean cryptocurrency users and exchanges last year, U.S.-based researchers said. Get the Full...
What goes up must come down — and yesterday, it seemed it was cryptocurrency’s turn to take a dance with gravity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...