Paypal announced on Wednesday that it was acquiring San Francisco-based Xoom, a company that facilitates the digital transfer of money internationally, Forbesreports. The all-cash deal values Xoom at $890 million, or $25...
International Business Timesrevealed that the global bank Citi is developing blockchains within the bank and test-coins to run across them. Ken Moore, head of Citi Innovation Labs, confirmed that the...
The crisis in Greece is unfolding so fast that new breaking updates are being published every hour. Yesterday, Greece became the first developed nation ever to default on the...
Yesterday, Bitcoin Magazinereported that Greece had closed its banks and imposed capital controls to prevent financial chaos after the breakdown of bailout talks with its international creditors. The decision...
The major credit card companies – American Express, MasterCard and Visa – are exploring uses of Bitcoin and the blockchain technology, International Business Timesreports. They can see the threat...
Greece has closed its banks and imposed capital controls to prevent financial chaos after the breakdown of bailout talks with its international creditors, The Financial Timesreports. The decision comes...
In March, Bitcoin Magazinecovered the digital economy startup Digital Asset Holdings, headed by the financial superstar Blythe Masters, a former JPMorgan Chase & Co. executive.Digital Asset Holdings uses distributed...
Blockstack, a San Francisco-based firm, is adapting the technology of Bitcoin for mainstream finance, including clearing and settlement. A small group of banks have started beta testing Blockstack’s technology,...
Filament, a technology platform company focused on Internet of Things (IoT) applications and long-range wireless sensor networks for industrial settings, is developing ad-hoc mesh networks of smart sensors for...
An anonymous Reddit user who self-identifies as bank employee posted a warning saying that his bank received a memo from the national financial institute, with instructions to report anyone...
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