Bitcoin

Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.

Bitcoin Daily: Crypto Prices Drop After Russia Calls for Ban; Bitcoin Drops Below $35,000
Bitcoin Daily: Crypto Prices Drop After Russia Calls for Ban; Bitcoin Drops Below $35,000
January 23, 2022  |  Bitcoin

Bitcoin hit its lowest dollar value since last August as it fell below $37,000 on Friday (Jan. 21), The Wall Street Journal (WSJ) wrote. Get...

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Solana Reports Network Issues, ‘Excessive’ Transactions
Solana Reports Network Issues, ‘Excessive’ Transactions
January 23, 2022  |  Blockchain

Amid a major crypto market selloff, blockchain network Solana has reported network issues, including “excessive duplicate transactions,” according to a Bloomberg report Sunday (Jan. 23)....

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Dock to Use Crypto in International Money Transfers
Dock to Use Crypto in International Money Transfers
January 23, 2022  |  Cryptocurrency

Brazilian financial services provider Dock plans to use cryptocurrencies to process international remittances, according to a Friday (Jan. 21) Reuters report. Get the Full Story...

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El Salvador Turns to DeFi, Uses Bitcoin-Backed Microloans to Fight Loan Sharks
El Salvador Turns to DeFi, Uses Bitcoin-Backed Microloans to Fight Loan Sharks
January 21, 2022  |  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....

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Bitcoin’s Slide Casts Doubt on Its Usefulness for Payments
Bitcoin’s Slide Casts Doubt on Its Usefulness for Payments
January 21, 2022  |  Bitcoin

Bitcoin has transformed from a cryptocurrency into a store of value on par with gold as an inflation hedge. So said Wall Street and institutional...

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Crypto Prices Drop After Russia Calls for Ban
Crypto Prices Drop After Russia Calls for Ban
January 21, 2022  |  Cryptocurrency

The price of bitcoin and other cryptocurrencies dropped Friday (Jan. 21) following a sell-off in speculative assets amid the news of Russia’s call to ban...

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Bitcoin Daily: SEC Rejects Scaramucci Bitcoin Investment Fund Idea
Bitcoin Daily: SEC Rejects Scaramucci Bitcoin Investment Fund Idea
January 20, 2022  |  Bitcoin

The Securities and Exchange Commission has shot down Anthony Scaramucci’s proposal for a bitcoin investment fund over the risk posed to investors, Politico reported Thursday...

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PYMNTS Crypto Basics Series: What’s a Blockchain and How Does It Work?
PYMNTS Crypto Basics Series: What’s a Blockchain and How Does It Work?
January 20, 2022  |  Blockchain

Bitcoin, blockchain and cryptocurrency are words that most people have at least heard of since the industry exploded into the mainstream public consciousness in 2021....

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PYMNTS Crypto Crime Series: The $612 Million Heist That Wasn’t
PYMNTS Crypto Crime Series: The $612 Million Heist That Wasn’t
January 20, 2022  |  Security & Fraud

What kind of thief gives back $612 million a few days later, saying it was all a prank aimed at showing how poor his victim’s...

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