Japanese eCommerce company Rakuten is planning to acquire the cryptocurrency exchange service called everybody’s bitcoin Inc., according to an announcement. The deal could happen through a stock purchase agreement between Rakuten subsidiary Rakuten Card Co., Ltd. and everybody’s bitcoin parent company Traders Investment, Inc. Get the...
Bitmain subsidiary BTC.com has rolled out a client designed for Ethereum blockchain mining, The Next Web reported. Already, the firm is one of the largest bitcoin mining pools: BTC.com, in particular, makes up 16 percent of the computer power behind bitcoin. In addition, the company...
The personal information of 130 million hotel guests might be sold on the dark web for eight bitcoins, which are currently worth about $56,000, according to The Next Web. The guests are all customers of one of the largest hospitality chains in China. A security...
Dfinity, a blockchain startup that is attempting to develop a decentralized cloud computing network, has raised $102 million in funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Standard Chartered announced news on Wednesday (August 29) that it is teaming up with Siemens Financial Services, the financing arm of Siemens, and TradeIX, a digital trade provider, to conduct the first client pilot to create an end-to-end blockchain-based smart guarantees proposition in trade finance....
Blockchain technology is making ever-more inroads into various verticals to convey data and payments, according to a recent report from audit, assurance, consulting and tax services provider PwC, and appears to be moving away from cryptocurrencies in the process. Get the Full Story Complete the form to unlock...
Dash is teaming up with Kripto Mobile to spread its payment system through Latin America, Cryptovest reported. Users in the region are able to spend and acquire Dash through their mobile phones, which comes loaded with the Dash ecosystem. Get the Full Story Complete the...
Russian Airline S7 has experimented with an application based on blockchain that keeps track of data and paperwork related to plane refueling, CoinDesk reported. The company tested the system on a domestic flight with Alfa-Bank and Gazpromneft-Aero, the airline’s fuel supplier. In a statement, the...
The People’s Bank of China (PBOC) has put out a warning about criminals participating in frauds hyped as “digital currency,” “blockchain” and “financial innovation,” Cryptovest reported. In a statement, the bank and other Chinese agencies said that many activities related to crypto and the blockchain “are not...
