Chris Larsen, the co-founder and executive chairman of Ripple, is now among the five richest people in the U.S. after a surge in its cryptocurrency XRP over the past few weeks. According to a report in CNBC, citing Forbes, Larsen holds 5.19 billion of Ripple’s...
Israel is gearing up to ban bitcoin and other cryptocurrencies from the Tel Aviv Stock Exchange, reported Reuters. Shmuel Hauser, chairman of the Israel Securities Authority (ISA), said he is bringing the idea of a ban to the ISA board next week. If it is...
Should Israel embrace cryptocurrencies wholeheartedly? It deserves a look, in an effort to bring the country along as an international hub for initial coin offerings, commonly called ICOs. That sentiment is according to Shmuel Hauser, who heads the Israel Securities Authority. Bloomberg reported news that Hauser...
Two years after being acquired by PayPal, digital money transfer service Xoom has a story that it wants the world to know. Part of that story is around the typical stats that those keeping score want to know — like the fact that active users have increased...
Confido, the startup that raised $374,477 in an initial coin offering (ICO), has reportedly disappeared with the investors’ money. According to a news report in The Next Web, Confido, which said it was developing a trustless payment network for online shopping, has taken down its...
In India, consumers are eager to embrace new payment methods of the digital kind. Visa said Tuesday (Nov. 14) that an independent study, commissioned by the payments giant and conducted by YouGov, surveying more than 2,000 people across Bangladesh, India and Sri Lanka, found that 78...
To enjoy the great outdoors and the greenery that along goes with it, consumers do not mind parting with some green — but they’d like to do it digitally. Joint research from Paysafe and Amilia shows that more than half of those surveyed in the United...
One of the largest initial coin offerings (ICOs) ever is in danger of falling apart over a board dispute, according to news from Reuters. On Tuesday, (Oct. 24), Arthur and Kathleen Breitman, creators of the cryptocurrency project Tezos, expressed regret over the controversy surrounding their company....
Hard currency or bits and bytes? How about a bit of both? Texcent is coming to market with an ICO to raise funds for expansion. As Sumedha, founder and president, tells PYMNTS, a global wallet can be global if it takes both cryptocurrencies and more...