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South Korean Cryptocurrency Exchange Hack Sends Price Of Bitcoin Lower

South Korean Cryptocurrency Exchange Hack Sends Price Of Bitcoin Lower
South Korean Cryptocurrency Exchange Hack Sends Price Of Bitcoin Lower
June 11, 2018  |  Bitcoin

Coinrail, a small South Korean cryptocurrency exchange that disclosed over the weekend it was hacked, sent the price of bitcoin lower. Get the Full Story...

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Snap Shareholders Can Pursue Lawsuit
Snap Shareholders Can Pursue Lawsuit
June 11, 2018  |  Legal & Regulation

Snap Inc. (NYSE: SNAP), the maker of the disappearing messaging app Snapchat, saw a court ruling that gave investors the green light to pursue a...

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Record Number Of NYC Taxi Medallions Up For Auction
Record Number Of NYC Taxi Medallions Up For Auction
June 11, 2018  |  Ridesharing

Call it the Uber effect: A record 139 New York City taxi medallions will be up for sale in bankruptcy auction this month as cab...

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Switzerland Passes On Sovereign Money Initiative
Switzerland Passes On Sovereign Money Initiative
June 11, 2018  |  Cross-border Payments

An initiative to prohibit commercial banks in Switzerland from electronically creating money when they make a loan was overwhelmingly rejected by Swiss voters. Get the...

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Tencent Unveils Collaboration With Walmart China
Tencent Unveils Collaboration With Walmart China
June 08, 2018  |  Cross-border Payments

Helping broaden the reach of Tencent’s mobile payments and mini program services, Tencent has unveiled a collaboration with Walmart China. With the relationship, Walmart will also...

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Mastercard Seeks Blockchain-Based Payment Verification Patent
Mastercard Seeks Blockchain-Based Payment Verification Patent
June 08, 2018  |  Mastercard

To verify payment cards at the point of sale (POS), Mastercard is looking into blockchain technology. In a filing with the U.S. Patent and Trademark...

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US And China Reach Deal Over ZTE
US And China Reach Deal Over ZTE
June 08, 2018  |  Cross-border Payments

After a shutdown of ZTE‘s operations that has lasted almost two months, the U.S. and China have come to a deal to get the Chinese...

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Social Media Can Make Bank Customers Susceptible To Scams
Social Media Can Make Bank Customers Susceptible To Scams
June 08, 2018  |  Cybersecurity

Unintentionally making themselves targets for scammers, customers may become vulnerable to fraud by complaining to banks on social media when systems crash. After problems with...

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