The bitcoin bust continued Monday (Nov. 19), with the price of the cryptocurrency falling to $4,905 by mid-afternoon, a decline of at least 12 percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
IMF head Christine Lagarde called on central banks to seriously consider issuing digital currency to fill the gap left by the declining use of cash. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
SWIFT threw cold water on a rumor Wednesday (Nov. 7) that it helped drive the price of XRP, the cryptocurrency associated with Ripple, ahead of Ethereum. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Bitcoin and other cryptocurrencies trade at levels far off peaks, a bit above lows. There is hope that new trading opportunities — such as through derivatives — will boost liquidity and investor count. The U.K. is the latest country to splash some cold water on the notion...
Ripple said that its revenues related to the sale of the digital asset known as XRP gained ground in the third quarter of this year, more than doubling over the second quarter (that is, sequentially). Get the Full Story Complete the form to unlock this...
Internet hackers have pilfered $882 million of digital currency from crypto exchanges since last year, but one group in particular has netted roughly half that amount: Group-IB noted in a report that a North Korean hacking group, Lazarus, has taken $571 million through an analysis...
In the midst of cryptocurrency trading volatility, one more bank has backed away from a trading project — this time it is Barclays. As reported by sites such as Financial News, the investment firm has scrapped plans to bring to market a cryptocurrency trading project....
In about three hours, $13 billon of value was wiped out of the crypto market as the values of major digital currencies plunged. Bitcoin dropped by roughly 5 percent and Ethereum and XRP dived by more than 10 percent at around 10:30 a.m. HK/SIN time,...
Bitcoin miners have around $4.7 billion in revenue in 2018 — but because of the cost of electricity, miners are failing to make a profit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...