Bitmain is reportedly shuttering its development center in Israel, which was created two years ago, TheNextWeb reported. The outlet said a number of the center’s staff members will be laid off, and Bitmaintech Israel Head Gadi Glikberg, who is also a Bitmain VP, will leave...
Venezuela is finally getting ready to transition to the petro for oil sales next year. 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,...
In its newest report, the EU Blockchain Forum (EUBF) noted that government bodies need to home in on two aspects of the blockchain to help the technology fully actualize: That is, the institutions need to have digital national currencies as well as systems for digital...
In a new round of declines for bitcoin, the popular cryptocurrency tumbled 8 percent over a 24-hour period leading up to Friday (December 7) morning. The digital currency was trading at just over $3,375 as of 8:40 a.m. EST, CNBC reported. Get the Full Story...
In February, the U.S. Commodity Futures Trading Commission issued a warning to consumers about pump-and-dump cryptocurrency scams, and now regulators have some help in finding the criminals behind them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Swiss Financial Market Supervisory Authority (FINMA) is aiming to boost innovation in cryptocurrency and distributed ledger technology (DLT), by easing some of the existing rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Banking in blockchain – with real-time payments as a kicker? 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...
Cryptocurrency exchange ErisX announced that it has raised $27.5 million from investors, including Fidelity Investments and Nasdaq Ventures. The exchange is set to launch next year, pending regulatory approval. The funding will be used to hire staff, “build out our infrastructure and secure the appropriate...
Ripple, the blockchain company that owns XRP, the digital currency, has joined forces with NEM, Fetch.AI, and EMURGO/Cardano to create a new association that represents the interest of blockchain and cryptocurrency business in Europe. Get the Full Story Complete the form to unlock this article and...