Over the past year, Africa has been widely reported as the next crypto frontier, helped by an under-developed infrastructure and a heavily fragmented digital payments ecosystem, making it a strong vector for virtual currencies and crypto-based remittance payments. A recent report from blockchain research and...
Bitcoin and other cryptocurrency prices continued seesawing on Sunday (Dec. 5), with overall values near all-time lows and the world’s most popular eCurrency — bitcoin — holding below $50,000. After an all-time high of $68,990.90 on Nov. 10, prices hovered below $60,000 and stayed there,...
Marriott Bonvoy, the travel program from the popular hotel chain, has worked with digital artists to make a set of NFTs, a press release says. The digital artists in question are TXREK, JVY and Erick Nicolay. The art they made was intended to show “an...
Bitcoin lost over 17 percent overnight from Friday (Dec. 3) to Saturday morning, plunging to a low near $42,000 and inching back to $49,000 around midday EST. The decline was even more dramatic for some offshore platforms, where bitcoin dipped as low as $28,800. The...
Welcome to the second of PYMNTS’ eight-part series on decentralized finance (DeFi). Over the coming days, we’ll be looking at every part of DeFi — the biggest, hottest, most rewarding and riskiest part of the blockchain revolution. At the end of it, you’ll know what...
Welcome to the first of PYMNTS’ eight-part series on decentralized finance (DeFi). Over the coming days, we’ll be looking at every part of DeFi — the biggest, hottest, most rewarding and risky part of the blockchain revolution. At the end of it, you’ll know what...
Coinbase has had some grandiose things to say about its Coinbase Cloud division in the past year. Expect that to increase now that the turnkey infrastructure’s clients have more than $30 billion staked on the 60,000 hosted nodes it manages for more than 30 blockchains....
Sweden’s financial and environmental regulators have called on the European Union to pull the plug on proof-of-work bitcoin mining due to the negative impact on the environment, according to multiple reports. Erik Thedéen, director general of the Financial Services Authority of Sweden, and Bjorn Risinger,...
U.S. digital payment company Square has debuted plans for a decentralized bitcoin exchange, tbDEX, according to an 18-page white paper by the company. The paper says tbDEX is a protocol “for discovering liquidity and exchanging assets (such as bitcoin, fiat money, or real-world goods) when...
