A cryptocurrency exchange in Japan has admitted that it was hacked and lost 3.5 billion yen ($32 million) of digital currency, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Adding to the ranks of government leaders and others who have criticized Libra, billionaire tech businessman Mark Cuban has called out Facebook’s digital currency venture. Cuban, who is a “Shark Tank” investor and owner of the Dallas Mavericks, believes that it is “a big mistake,”...
President Trump took to Twitter on Thursday night (July 11) to talk about cryptocurrency and Facebook’s Libra, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The chairman of the U.S. Federal Reserve called for a stop to Libra, Facebook’s proposed cryptocurrency, until the project better demonstrated how it was going to address issues like money laundering and privacy, according to a report by Reuters. Get the Full Story Complete the...
B2B payments are in the crosshairs for a number of firms. Might blockchain and cryptos aid in cutting paper from the process? BitPay Chief Commercial Officer Sonny Singh tells PYMNTS that the pairing of digital currency and DLT can help overcome the inefficiencies of the correspondent...
Confidence is waning among tech executives that Facebook’s cryptocurrency Libra will get off the ground by 2020, if at all. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The European Central Bank (ECB) opened up about cryptocurrency and said it wouldn’t recognize it as an actual currency, according to reports. The bank also said it didn’t have any plans to put bitcoin into its reserves. Get the Full Story Complete the form to unlock...
Bitcoin continues its roller coaster of ups and downs in 2019 as the cryptocurrency shot back up and breached $13,000 for the first time in about two weeks, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article...
The head of Facebook’s new cryptocurrency project, Libra, is defending the company in a letter to Rep. Maxine Waters (D-CA) and other members of the House Financial Services Committee. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
