Cryptocurrency

A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

(source: en.wikipedia.org)

Cryptocurrency
Overstock To Pay Some Ohio Taxes Via Bitcoin
January 03, 2019

Overstock, the online retailer and blockchain company, announced Thursday (Jan. 3) that it will pay a portion of its state business taxes in Ohio in bitcoin, becoming the first major U.S. company to pay state taxes in bitcoin. Get the Full Story Complete the form to...

Cryptocurrency
Crypto Lenders See Demand Despite Bitcoin’s Fall
January 02, 2019

Lenders are weathering the downturn in cryptocurrency better than other players, with the industry seeing strong demand from borrowers. 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...

Cryptocurrency
Goldman, Citi, Barclays Stall Crypto Trading Plans
December 26, 2018

As the value of digital currencies has fallen, some financial firms — including Goldman Sachs, Citigroup, Morgan Stanley and Barclays — have put their plans to offer cryptocurrency trading to clients on hold. Get the Full Story Complete the form to unlock this article and...

Cryptocurrency
WhatsApp Explores Blockchain Tech For Money Transfers
December 21, 2018

In an effort to help WhatsApp users transfer money, Facebook is reportedly creating a digital currency. Unnamed sources told Bloomberg that the company is at work on a stablecoin, which is a cryptocurrency tied to the value of the U.S. dollar, and is reportedly eyeing...

Cryptocurrency
Lack Of Insurance Hurts Crypto’s Push To Go Mainstream
December 20, 2018

Adoption of cryptocurrency by large fund managers is being hurt by the difficulty cryptocurrency exchanges and traders located in Asia are having trying to get insurance to protect against hacks and theft. Get the Full Story Complete the form to unlock this article and enjoy...

Cryptocurrency
Bitcoin Falls Below $3.2K
December 14, 2018

Bitcoin fell to its lowest price in 15 months on Friday (Dec. 14), and analysts are predicting that further declines could be in store for the popular cryptocurrency. The price of bitcoin broke below the $3,200 mark to reach roughly $3,160 in the afternoon, MarketWatch...

Cryptocurrency
Most Bitcoin Owners Hold Less Than $100 Worth
December 12, 2018

An analysis of bitcoin addresses shows that the majority of bitcoin (BTC) owners own only one-tenth of the digital currency, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
Bitcoin Keeps Falling As Investors Bet Against It
December 11, 2018

Bitcoin, the world’s best-known cryptocurrency, continued its downward slide on Tuesday (Dec. 11), reaching a new low, according to a report by MarketWatch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
Coinbase Mulls Adding 30 New Cryptocurrencies
December 07, 2018

Coinbase, a platform that allows users to buy, sell and store cryptocurrency, said it is considering adding 30 new cryptocurrencies to its roster for trading, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...