Central bank digital currencies might have some positive effects, the Kiel Institute for the World Economy wrote in a report posted on the European Parliament’s monetary dialogue. Though the fractional reserve banking system in place would be “challenged at its core” if market participants hold...
This might be an interesting way to earn some digital income: Become a part of Skynet and help spread the gift of artificial intelligence (AI) to in-need businesses around the world, all with the help of blockchain technology. Get the Full Story Complete the form to...
The EOS network took the top spot in an evaluation of blockchain networks by China’s Ministry of Industry and Information Technology (MIIT), CoinDesk reported. EOS was followed by Ethereum in second place, with NEO rated third. Bitcoin, however, is far behind, taking up 17th place. The...
Overstock CEO Patrick Byrne believes that blockchain might be the world’s greatest hope in ending global poverty. In an exclusive interview with FOX Business, Byrne said he is looking for suitors who may be interested in his new venture with world-renowned Peruvian economist Hernando de...
Four years after bitcoin exchange Mt. Gox collapsed amid the biggest bitcoin theft in history, its former customers may have a chance to recover their lost cryptocurrency. A court in Japan stopped the exchange’s bankruptcy proceedings, potentially allowing at least a billion worth of digital...
While block hashes don’t always generate tons of internet chatter, TheNextWeb has reported that a peculiar string has caught the attention of crypto enthusiasts. The presence of “21e8” in the middle of the string is raising a question: Was it the work of bitcoin’s purported founder...
Paul McCartney sang: “You never give me your money. You only give me your funny paper.” 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 our daily...
Bithumb might be able to reduce the losses resulting from a recent hack, CoinDesk reported. Though the Bithumb said it reported losses of about $31.5 million to the Korea Internet & Security Agency (KISA), the South Korean crypto exchange said the final figure might be lower...
Coinbase customers have been reaching out to the U.S. Securities and Exchange Commission (SEC) with complaints, Mashable reported. After filing a Freedom of Information Act (FOIA) request with the agency, Mashable obtained 115 complaints made against the crypto exchange. Get the Full Story Complete the...
