PYMNTS-MonitorEdge-May-2024

Cryptocurrency

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Source: en.wikipedia.org

Bitcoin Hits $6K
Bitcoin Hits $6K
October 23, 2017  |  Bitcoin

Bitcoin surged beyond $6,000 in trading late last week, setting a new record for the cryptocurrency. Citing the CoinDesk Bitcoin Price Index, a Forbes news...

READ MORE >
Mastercard Premiers Blockchain Tech
Mastercard Premiers Blockchain Tech
October 20, 2017  |  B2B Payments

On Friday (Oct. 20), Mastercard announced news that it will be opening up access to its blockchain technology through its developer’s API. Initially, the technology will...

READ MORE >
ICO Pioneer Tezos Imperiled By Backroom Power Struggle
ICO Pioneer Tezos Imperiled By Backroom Power Struggle
October 19, 2017  |  Blockchain / Distributed Ledger

Over the summer, a small tech startup named Tezos managed to bring in $232 million online in a wildly successful “initial coin offering.” But, as...

READ MORE >
Blockchain Provides Boost To Overstock Shares
Blockchain Provides Boost To Overstock Shares
October 18, 2017  |  Blockchain

Shares of Overstock.com rose 11.6 percent on Tuesday (Oct. 17) as a result of the company’s investment in blockchain, CNBC reports. The stock has reached...

READ MORE >
Upper West Side Restaurant Lets Customers Pay In Bitcoin
Upper West Side Restaurant Lets Customers Pay In Bitcoin
October 18, 2017  |  Bitcoin

Upper West Side eatery La Sirène is now accepting bitcoin as a form of payment, according to news from The New York Post. Patrons of the...

READ MORE >
Russia Considers CryptoRuble
Russia Considers CryptoRuble
October 18, 2017  |  Bitcoin

Russia is making a big move in the digital currency market, announcing that it will soon be offering its own cryptocurrency. According to UK’s Express,...

READ MORE >
Digital Asset Lands $40M For Blockchain Platform
Digital Asset Lands $40M For Blockchain Platform
October 17, 2017  |  Partnerships / Acquisitions

Blockchain startup Digital Asset has brought in another $40 million in funding, bringing its total amount raised to $100 million. According to news from Reuters,...

READ MORE >
Why It’s Time To Shut Down Cryptocurrencies
Why It’s Time To Shut Down Cryptocurrencies
October 16, 2017  |  Bitcoin

Two innovators approached a well-heeled investor asking for money. Their sales pitch was very convincing. They told this investor that their innovation was so incredibly...

READ MORE >
Wu-Tang Financial Is Here — Finally
Wu-Tang Financial Is Here — Finally
October 14, 2017  |  Blockchain / Distributed Ledger

Between hurricanes, wildfires and the political uncertainty everywhere, the world has looked a little bleak lately. However, we have not come to bum you out...

READ MORE >