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
Digital Currencies Lose $10B On ‘Stablecoin’ Fears
April 26, 2019

With questions surrounding the legitimacy of a “stablecoin” Tether along with regulatory concerns, the digital currency market lost roughly $10 billion in value over a period of an hour on Thursday (April 25). The move followed an allegation that Bitfinex covered up an $850 million...

Cryptocurrency
Coinbase Lays Off 30, Shutters Chicago Office
April 23, 2019

Digital currency exchange Coinbase has shuttered its Chicago office and laid off 30 engineers, according to a report in Fortune. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cryptocurrency
SoftBank’s Founder Loses $130M On Bitcoin Investments
April 23, 2019

Japanese billionaire and SoftBank Founder Masayoshi Son didn’t do well in his personal cryptocurrency investing, reportedly losing more than $130 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cryptocurrency
Amazon To Accept Bitcoin Payments
April 22, 2019

Bitcoin, through the lightning network, will soon be available as an option to pay on Amazon and other eCommerce sites, according to reports. Cryptocurrency payment processing company Moon said any e-wallet that is lightning-enabled can also be used through the company’s browser extension. Moon previously...

Cryptocurrency
Coinbase Launches Crypto Debit Card In The UK
April 11, 2019

Coinbase, the cryptocurrency exchange operator, announced Wednesday (April 10) the launch of the Coinbase Card in the U.K., which is a Visa debit card that lets customers in the U.K. spend crypto as easily as they spend money sitting in a bank account. Get the...

Cryptocurrency
Will Smartphone Makers Cozy Up To Cryptocurrencies?
April 05, 2019

Better late than never? That could be the emerging story when it comes to smartphones and cryptocurrencies, given Samsung’s recent entry in this area of digital payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency
Andreessen Horowitz Shifts Business Model From VC To RIA
April 03, 2019

Andreessen Horowitz has revealed that it is transitioning from being a venture capital (VC) firm to a registered investment advisor (RIA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cryptocurrency
Wells Fargo And Mastercard On Blockchain: Oversold?
March 28, 2019

Along any avenue of technology, there is hope … and there is hype … and then there is reality. 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
Square To Pay Bitcoin Engineering Team In Bitcoin
March 21, 2019

Square, the digital payments company owned by Jack Dorsey, is boosting the number of engineers it hires to work on cryptocurrency efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...