After beginning to recover from a months-long slide, bitcoin prices once again showed signs of weakness on Monday (July 30) after Goldman Sachs warned in a research note that the recent turnaround in prices will be short-lived, according to reports. Sharmin Mossavar-Rahmani, chief investment officer of...
Iran is reportedly gearing up to create its own national digital currency, Fortune reported. According to reports, a plan is in the works to “create an indigenous cryptocurrency.” In addition, the country’s central bank was reportedly creating the cryptocurrency with the help of “domestic knowledge-based...
The U.S. Securities and Exchange Commission earlier this week stood by its move to stop a bitcoin exchange-traded fund, citing “unpersuasive” arguments as to how the ETF would be protected from any market manipulation. Get the Full Story Complete the form to unlock this article...
Skrill is now allowing users to buy and sell crypto such as bitcoin, bitcoin cash and Ether, according to reports. When users make a transaction, Skrill uses a crypto exchange to buy and hold the digital currency. As of now, the feature is reportedly available...
The move to bring blockchain beyond cryptocurrency confines — and toward more commercial use cases — continues, with far-flung projects making headlines. 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...
Justin Sun, the founder of blockchain operating system TRON (TRX), just finalized the acquisition of BitTorrent for $140 million, according to a report in The Next Web. The deal will effectively bring 100 million new users to TRON’s decentralized ecosystem. Speculation on such a deal first...
The developers of the U Network have reportedly run out of their reserve of crypto tokens and intend to buy back some of its supply, CoinDesk reported. They had set a limit of 10 billion tokens for its UUU coins — and dedicated 40 percent...
Regulators in Switzerland are doubling down on efforts to help crypto projects stay in the country, Reuters reported. The country’s crypto sector has experienced fast growth and provides jobs to hundreds of workers. But companies in the industry might leave if they government does not...
Coinbase says that it hasn’t received approval from two U.S. watchdogs for three acquisitions, Cryptovest reported. The firm reportedly told Bloomberg that it had received approval from the Financial Industry Regulatory Authority (FINRA) and the U.S. Securities and Exchange Commission (SEC). However, Coinbase VP of Communications Rachael...
