Search results for "bitcoin"

January 10, 2024
FBI Investigating Tuesday’s Hack of SEC’s Social Media Account

The FBI is reportedly looking into a hacker’s brief takeover of the Securities and Exchange Commission’s (SEC) account on the social media platform X. The SEC said the FBI is investigating the...


January 10, 2024
Bank of England Governor Says Mainstream Crypto Integration Is Slowing...

The mainstream integration of cryptocurrency is getting sluggish, Andrew Bailey, Bank of England governor, said Wednesday (Jan. 10). Speaking to U.K. Parliament’s Treasury Committee, Bailey said regulators need to “keep...


January 10, 2024
Attack Vectors 2024: Misinformation Tops Global Risk List, WEF Says

A lie gets halfway around the world before the truth has a chance to get its pants on. That’s a quote from Winston Churchill, who never lived to see the...


January 10, 2024
VC Investment in Crypto Plunged Amid Scandal and Regulatory Issues

The year 2023 proved to be a challenging period for cryptocurrency startups, as scandal and regulatory issues took a toll on fundraising efforts. Venture capital investment in the crypto industry...


January 10, 2024
Hackers Hijack SEC X Account to Announce Phony ETF Approval

Hackers took over the SEC’s X account to falsely trumpet the agency’s bitcoin ETF approval. The breach happened Tuesday (Jan. 9), allowing whoever took over the account to erroneously say...


January 08, 2024
eCommerce Platform Mercari to Begin Accepting Bitcoin Payments 

Japanese eCommerce giant Mercari will reportedly begin accepting bitcoin payments on its platform in June.  While prices for products listed on Mercari’s flea market app will be displayed in Japanese yen,...


January 07, 2024
LinkedIn: Crypto Enthusiasm Hasn’t Yielded Crypto Job Openings

Recent enthusiasm surrounding the cryptocurrency sector apparently hasn’t led to more hiring within the industry.  In fact, crypto job posting on LinkedIn fell 57% between December 2022 and 2023, Bloomberg News reported...


January 05, 2024
Data Shows Bitcoin ETFs Might Not Make Crypto as Popular...

The investment world seems to be holding its collective breath, waiting for the Securities and Exchange Commission to approve a bitcoin exchange-traded fund (ETF). Whether the approval happens or not,...


January 03, 2024
NetCents and Worldpay Partner to Promote Adoption of Digital Assets

NetCents Technology and Worldpay from FIS have partnered to promote the adoption of digital assets like bitcoin, ethereum and stablecoins. The partnership will leverage NetCents Technology’s cryptocurrency payments capabilities and Worldpay’s global...


AML/KYC
How Gemini Balances User Privacy With AML And KYC Compliance Cryptocurrencies’ anonymous nature makes them popular, but crypto exchange platforms are still required to collect buyers’ personal data for AML and KYC compliance. In the “AML/KYC Tracker,” a PYMNTS and Trulioo collaboration, Elena Hughes, chief compliance officer at Gemini, explains how platforms can selectively collect data to ensure user privacy and adhere to regulations.  
The Corporate Treasury Shift: Asset Allocation And The New Cryptocurrency Option
More Banks Turn to Crypto, Blockchain to Help Corporates Drive Global Growth Fifty-eight percent of multinationals that do business in six or more countries use cryptocurrencies in their day-to-day operations. A new PYMNTS study of 250 multinational financial institutions (FIs), sponsored by Circle, examines how their corporate customers are using blockchain and crypto to manage liquidity, make payments and drive global growth — and the digital currency imperative it implies for FIs that wish to retain those corporate relationships.