AT&T Sued for $224 Million After Phone Hackers Rob Crypto Investor
Michael Terpin is suing AT&T, claiming the company's failure to protect his cellphone data led to hackers stealing $24 million in cryptocurrencies. In a lawsuit filed by Los Angeles...
Ripple Considering Chinese Market to Speed Up Payment Solutions
Ripple is considering breaking into the Chinese market to apply its distributed ledger technology (DLT) to cross-border payments, a Ripple executive told CNBC August 15. Jeremy Light, vice president...
Coinbase is Registering 50,000 New Users per Day
Brian Armstrong, CEO of the cryptocurrency platform giant Coinbase, claimed in an interview with Bloomberg that around 50,000 new users continue to register for its services every day —...
Salary Systems to Petro Cryptocurrency
Venezuela is set to begin using its "petro" cryptocurrency as an official accounting unit, according to the country's president. ABC International reported the development on Tuesday, citing a televised...
South Korea Budgets a Trillion Won for Blockchain Tech in 2019
South Korea’s government has earmarked a 5 trillion won ($4.4 billion) budget toward its ‘Growth through Innovation’ investment program in eight critical sectors with a particular focus on blockchain...
LINE Launches $10 Million Token Venture Fund
Japanese messaging giant LINE has launched a token venture fund with a capital commitment of $10 million via its recently established subsidiary called Unblock Ventures. The publicly traded firm...
Cryptocurrency Scammers Stole $2.3 Million in Q2
Cybercriminals earned more than $2.3 million from cryptocurrency scams during the second quarter of 2018, according to a new report from Kaspersky Lab. In its Spam and Phishing in...
Despite its 70% Price Drop, Bitcoin Surpassed Gold in Settlement Volume
Nic Carter, a well respected cryptocurrency researcher, has said that Bitcoin has surpassed the OTC gold market in settlement volumes, even amidst a 70 percent drop in its price....
Square Cash Opens Bitcoin Buying and Selling in All 50 States
Less than two weeks after sharing Square’s cryptocurrency profits had doubled in the second quarter, the payments company made the long-awaited announcement on Twitter: users can now use Cash...
Hong Kong University Receives $20 Mln Research Grant for Payment Systems, Blockchain
The Hong Kong University of Science and Technology Business School has received a $20 million research grant to improve the security capabilities of electronic payment systems, China News reported...