On Wednesday (Jan. 10), Warren Buffett, the billionaire investor, said he believes the bitcoin craze will come to an ending that won’t be good news for investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The end is here for bitcoin in South Korea, it seems, as Reuters is reporting that the government of the Asian nation has officially decided to ban cryptocurrency trading. Police and tax authorities have reportedly been raiding local exchanges on alleged tax evasion charges. Get...
JPMorgan Chase CEO Jamie Dimon may not be interested in bitcoin, but he does regret calling it a fraud. In an interview with Fox Business Network covered by Bloomberg, Dimon said he wished he hadn’t used that terminology when dismissing bitcoin. Get the Full Story Complete...
The Securities and Exchange Commission (SEC) is having some fun with the cryptocurrency craze that has resulted in share surges for companies with “blockchain” attached to their names. According to a report in Bloomberg, the Fort Worth, Texas, branch of the government watchdog tweeted about a...
China has opened a new front in its attempt to crackdown on bitcoin within its national borders with a move to eliminate the nation’s massive bitcoin mining industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Following in the footsteps of companies seeking to get in on the cryptocurrency craze, Eastman Kodak Co. is launching its own digital currency, Bloomberg reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Digital payment company PayPal is not betting on bitcoin as of now. In an interview with TheStreet.com, PayPal chief executive officer Dan Schulman said that while PayPal is focused on innovating in the payment market, it’s not focused specifically on the digital currency. Get the Full...
Cryptocurrencies led by real-time gross settlement (RTGS) system Ripple’s XRP fell in trading Monday (Jan. 8) as investors bet its stock surge was a bubble. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Charles Hoskinson, former chief executive and Ethereum co-founder, says change is coming to the world of cryptocurrency in the form of an inevitable crash — and a follow-up consolidation that will clear the unserious players from the board. Get the Full Story Complete the form...