Cryptocurrency

Cryptocurrency
Social Media Speed Bump Could Slow Path Of Cryptos’ Main Street Ambitions
August 25, 2021

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Cryptocurrency
Bitcoin Daily: Blockstream Raises $210M At $3.2B Valuation; El Salvador Preps 200 ATMs For Bitcoin...
August 25, 2021

Bitcoin-related technology purveyor Blockstream has landed $210 million in Series B financing that, according to the company, puts its valuation at $3.2 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
Paxos’ Digital Currency To Be Renamed Pax Dollar
August 24, 2021

Paxos has changed its Paxos Standard into the Pax Dollar, or USDP, according to a company blog post. 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...

Cryptocurrency
Stablecoins’ Use Cases Still Emerging As Changes, Regulations Loom 
August 24, 2021

There is continued debate over the role of stablecoins – and where they fit within digital commerce, in both commercial and retail settings. These cryptos have at least one advantage over more “traditional” offerings like bitcoin, Ethereum and others: They (at least ostensibly) do not have...

Cryptocurrency
Circle’s New Reserve Details Show Reservations Over Stablecoin Reserves 
August 23, 2021

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Cryptocurrency
USDC Now Backed By Cash, US Treasuries
August 23, 2021

Cryptocurrency exchange Coinbase and network Centre are collaborating to support Circle’s USD Coin, which is now backed by cash and short-term U.S. Treasuries, according to a Centre blog post and multiple news reports. Get the Full Story Complete the form to unlock this article and...

Cryptocurrency
PayPal Expands Crypto Trading To UK Users 
August 23, 2021

PayPal’s first global expansion of cryptocurrency trading launches this week to users in the U.K. with the ability to buy and sell bitcoin, Ethereum, Litecoin and Bitcoin Cash, according to a press release. Get the Full Story Complete the form to unlock this article and...

Cryptocurrency
Crypto Mining Companies Search For New Work Locations After China Aims To Reduce Coal Power...
August 22, 2021

Cryptocurrency “miners” who deploy powerful computers that perform mathematical calculations essential to maintaining the blockchains that underpin cryptocurrencies in return for opportunities to earn free cryptocurrency are leaving China at a fast clip, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the...

Cryptocurrency
Coinbase Will Reinvest Quarterly Net Profit Percentage Into Crypto Assets
August 20, 2021

Digital currency platform Coinbase is adding $500 million of crypto assets to its balance sheet in addition to 10 percent of its future quarterly profits, a move approved by its board, according to Coinbase on Friday (August 20). Get the Full Story Complete the form...