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...
SAP is rolling out a cloud service to allow companies to build apps using technology in the style of a digital ledger, TechCrunch reported. SAP joins firms such as Oracle and Amazon, which have already released blockchain services for its clients. The release comes after...
According to reports in CoinDesk, care of a Chinese government official, China’s central bank has completed its work on a blockchain-based system for digitizing checks issued domestically by businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The first baby born on the blockchain is expected to enter the world at a small clinic in rural Tanzania this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Blockchain probably won’t solve all the world’s financial problems, as devoutly as innovators and enthusiasts may hope and believe that it can. At any rate, it’s not going to solve all of them at once with the technology available today. Get the Full Story Complete...
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...
Adopting Ripple’s system for international remittance payments, The Kuwait Finance House (KFH) has joined Ripple Net. The institution is reportedly the first bank in Kuwait to become a part of the enterprise blockchain network, CCN reported. Get the Full Story Complete the form to unlock...
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...
The President of China Xi Jinping said this week that blockchain technology will enable “breakthrough” applications. 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 newsletter,...
