Cryptocurrencies got slammed by Warren Buffett and business partner Charlie Munger, who reiterated their negative opinions of digital tokens at the Berkshire Hathaway annual meeting last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Tagomi Systems, the startup that wants to bring its expertise in electronic trading to the bitcoin market, has gotten venture backing from Founders Fund, the venture capital fund owned by billionaire Peter Thiel. Get the Full Story Complete the form to unlock this article and...
Regulators in the U.S. are considering the regulation of digital tokens outside bitcoin. 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, PYMNTS Today....
While the U.S. Securities and Exchange Commission’s William Hinman said the agency is “striving for a balanced approach” between digital currencies and initial coin offerings (ICOs), a U.S. congressman is taking issue with this line of thinking. U.S. Representative Brad Sherman (D-Calif.) thinks ICOs are detrimental...
Gary Gensler, the finance chief for Hillary Clinton’s 2016 presidential bid and one of the top financial regulators in the Obama administration, is delving into the world of blockchain, taking a role in which he will focus on it for Massachusetts Institute of Technology. Get...
Profits in cryptos: Easy come, maybe; easy go, certainly. 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, PYMNTS Today. By completing this form,...
After raising $660 million from more than 30,000 investors in an initial coin offering (ICO), the team behind Vietnam-based Modern Tech has disappeared. The company ran an ICO for its Pincoin token before rolling out another token dubbed iFan, TechCrunch reported. Get the Full Story...
In Australia, cryptocurrencies are getting more scrutiny from regulators. 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, PYMNTS Today. By completing this form,...
To give cryptocurrency startups and their founders a boost, Coinbase has started a new incubator fund called Coinbase Ventures. While the popular cryptocurrency exchange expects the fund’s profits to be small compared to those of its overall business, the fund already has $15 million and is...