Remove 2018 Remove Bitcoin Remove Blockchain
article thumbnail

Bitcoin Daily: Bitcoin Rises Above $15K; Spanish Firms Reveal Blockchain-Based Digital Identity Project

PYMNTS

5), bitcoin followed suit, rising to over $15,000, signaling a continued confidence in the cryptocurrency. ET), reported CoinDesk , its highest level since January of 2018, and continued to rise throughout the day, hitting $15,237.78 As stocks rallied Thursday (Nov. The stock hit $15,017.05 at 10:50 a.m. (ET), at 5:01 p.m.,

Bitcoin 85
article thumbnail

Bitcoin Daily: Ripple Surges, Chinese Billionaire Dumps Blockchain

PYMNTS

In other news, billionaire Li Xiaolai, the founder of Beijing-based venture capital firm BitFund , announced that he is giving up on the blockchain and initial coin offering (ICO) space. From this day on, Li Xiaolai personally will not invest in any projects (whether it is blockchain or early stage).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

tZero CEO: Blockchain Can Boost Private Market Liquidity Amid The Pandemic

PYMNTS

Not all that long ago, blockchain and bitcoin were inseparable – shorthand for the Wild West of cryptocurrencies and speculation. A boom and crash just a few years ago showed that, as estimated by Bitcoinist.com , as many as 160 projects were on tap at as of January 2018, and by October of last year, that tally was zero.

article thumbnail

Bitcoin Daily: Bitcoin Price Passes $4K Post-JPM Coin; Bitmain Loses $500M In Q3 2018

PYMNTS

Coinbase announced that it has acquired Neutrino , a blockchain intelligence platform. “Blockchain intelligence is increasingly important in the crypto ecosystem, and is necessary to achieve our mission of bringing the open financial system to the world,” wrote Varun Srinivasan, engineering director at Coinbase, in a blog post.

Bitcoin 65
article thumbnail

Twitter CEO Supports Bitcoin, Faster Payments

PYMNTS

Jack Dorsey, billionaire tech founder and current CEO of Twitter, said he only owns bitcoin and that he supports the Lightning Network , a bitcoin network update that could make bitcoin payments speedier and less expensive, according to reports. 5): “I only have bitcoin.” Bitcoin is principled.

Bitcoin 81
article thumbnail

Bitcoin Daily: S. Korea To Use Blockchain To Collect Highway Tolls; Polish Financial Watchdog Warns Of Fake Crypto Scams

PYMNTS

South Korean highways could see blockchain-based toll booths before the end of the year, according to a report from Crypto News. KEB Hana Bank , one of the largest banks in the country, is going to work with the Korea Expressway Corporation on blockchain-based services. They still have to inform NYDFS before using the coin, though.

article thumbnail

Bitcoin: 10 Years Of Smoke And Mirrors

PYMNTS

31, 2018, will mark the 10th anniversary of the day that a link to a paper , authored by Satoshi Nakamoto , describing the digital currency called bitcoin was first publicly circulated. Ten years after bitcoin launched, it remains the go-to currency of criminals and a way for cybercrooks to wash their money.

Bitcoin 85