PayPal and Square’s Cash App digital currency buying spree has reportedly triggered a bitcoin rally, according to a Benzinga report on Monday (Nov. 23). Blockchain and digital currency investment firm Pantera Capital said in a report that after analyzing numbers from the cryptocurrency exchange iBit,...
Malicious actors have now managed to momentarily take control over several cryptocurrency platforms by scamming employees at GoDaddy, the domain hosting service for these sites, in multiple attacks. On Nov. 18, NiceHash discovered that hackers had been able to briefly redirect email and web traffic...
A Citibank senior analyst predicted that bitcoin could reach $318,000 by December 2021 in a report written for Citibank’s institutional clients, according to CoinDesk. Thomas Fitzpatrick’s report was leaked on Twitter Friday (Nov. 13) by user “ClassicMacro,” who noted in a tweet, “there is no...
The Albany Airport is using a blockchain-based app to track the cleanliness of surfaces and objects in the airport due to health concerns with the pandemic, according to a report from Cointelegraph. The Wellness Trace App was developed by General Electric in partnership with TE-FOOD and...
Crypto payment services provider BitPay has unveiled a new mass payout offering, BitPay Send, which lets entities of different sizes make payments to workers, clients, affiliates, suppliers, contractors and others with digital currency, according to a Thursday (Nov. 12) announcement. AdGate Media is among the...
The U.K. Treasury Department is researching use cases for a central bank digital currency (CBDC), as well as drafting regulatory proposals for private stablecoins, U.K. Treasurer Chancellor Rishi Sunak said in a press release. The announcement did not specify the regulations, but it did note...
Dubai International Finance Centre (DIFC) has announced that Ripple has set up its new headquarters in the Centre, a press release says. According to the release, Ripple chose DIFC for its “innovative regulations, expansive network and reputation as a leading global financial centre,” according to...
American prosecutors want prison time for a co-founder of Centra Tech, an entity that had received endorsements from well-known people for a 2017 initial coin offering (ICO), CoinDesk reported. Robert Farkas admitted culpability in June to charges brought in connection to the fraudulent offering, according...
Bitcoin and digital currency wallet company ZenGo is becoming a part of the Visa Fast Track program and will create a new digital currency payment card, according to an announcement. ZenGo said the card will be the first card connected to a “self-hosted, on-chain, multi-currency...