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

Bithumb Bitcoin Exchange Hacked; 30,000 Customers’ Data Compromised
Bithumb Bitcoin Exchange Hacked; 30,000 Customers’ Data Compromised
July 06, 2017  |  Security & Fraud

In international cybersecurity news this week, Bithumb, the South Korean bitcoin exchange, has been hacked, with the bad guys compromising the data of 30,000 customers....

READ MORE >
Hive Project Taps Into Cryptocurrency For Invoice Finance
Hive Project Taps Into Cryptocurrency For Invoice Finance
July 05, 2017  |  B2B Payments

The Hive Project, a company that uses cryptocurrency and Ethereum blockchain for trade financing, has launched its platform. The company announced Friday (June 30) that...

READ MORE >
SEC Charges Brit In Bitcoin Fraud
SEC Charges Brit In Bitcoin Fraud
July 03, 2017  |  Bitcoin

In a cryptocurrency case that could have repercussions across the pond, the Securities and Exchange Commission (SEC) last week (June 30) charged a U.K. citizen...

READ MORE >
Chain CEO On Why B2B Payments Needs Blockchain
Chain CEO On Why B2B Payments Needs Blockchain
June 30, 2017  |  Blockchain

The blockchain has a bit of an identity crisis. Everyone who is anyone in financial services knows what it is, and there is broad consensus...

READ MORE >
B2B Payments Surpasses B2C In Profit Potential, Experts Say
B2B Payments Surpasses B2C In Profit Potential, Experts Say
June 27, 2017  |  B2B Payments

In terms of innovation and profits potential, B2B payments are surpassing those in B2C according to a new report. The report was released by the Global...

READ MORE >
Bridging Blockchain’s Comprehension Gap
Bridging Blockchain’s Comprehension Gap
June 27, 2017  |  Data Drivers

Bitcoin — and the technology that enables it — has certainly had a rather fast trip from obscurity to mainstream awareness. In January 2009, the so-called “Genesis...

READ MORE >