Fintech giant PayPal confirmed its move into crypto Wednesday. Is its no-withdrawals bitcoin service too restrictive or mainstream-friendly?
The entry of firms like Square, MicroStrategy and Stone Ridge may open the BTC floodgates and provide “confidence for the rest to follow.”
The New York Department of Financial Services found that crypto firms blocked the Twitter hackers’ crypto addresses within 40 minutes.
Bitcoin’s price jumped on news of payments firm Square’s investment while traders have amassed over $165 million in ether options open interest for December expiration.
They went so far as to refer to cryptocurrency as “an instrument of economic empowerment.”
He also took the time to discuss how content saved via Blockchains becomes effectively immutable.
U.K.-based cryptocurrency platform Ziglu has launched, following a $6.6 million seed round.
Square, the bitcoin-friendly company behind Cash App, announced Monday it is participating in the U.S. government’s emergency Paycheck Protection Program.
Square Financial Services was given conditional approval by the FDIC Board for an Industrial Loan Company bank charter on Wednesday.
Major Twitter investor Elliott Management urges replacement of Jack Dorsey as CEO