The founder of crypto startup Savedroid, which just raised $50 million in an initial coin offering (ICO), posted two photos on his Twitter account a few months ago — one of him at an airport and another one of him at the beach. The caption? “Thanks...
Bitcoin may be outperforming beleaguered cryptocurrency brethren – but look out below, at least for now. 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...
Cryptocurrency is trading 70 percent lower than January highs amid frustration on the part of investors that it has taken off as a payment method and moved out of more speculative investments. Get the Full Story Complete the form to unlock this article and enjoy...
Tether, the digital currency that is purported to be backed by U.S. dollars, has been surging in trading — with daily trading volume around $3 billion, behind only bitcoin. But the problem, according to the Wall Street Journal, is that there isn’t any evidence to...
Cryptocurrencies ended the week on a down note, with all of the leading digital tokens lodging losses. 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...
Starbucks is not accepting cryptocurrencies as a payment method, despite media reports that alluded to that. 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...
Goldman Sachs is warning that so-called “cryptocurrency mania” is among the six factors that will impact the markets for the remainder of this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Pump and dump schemes — in which an asset is talked up to drive the price higher before traders dump it for a profit — are making their way to the cryptocurrency market, with digital chatrooms growing over the Internet where coin traders will gather...
To offer consumers delayed payments for purchases, instant loan company Nexo has teamed up with crypto payments firm UTRUST. With the tie-up, UTRUST plans to bring Nexo’s crypto lending capabilities onto its platform, Cryptovest reported. Get the Full Story Complete the form to unlock this article...
