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Coinbase Offers Bitcoin Cash Loans Of Up To $20K In 17 US States

PYMNTS

Coinbase, the digital currency exchange, will offer bitcoin-backed cash loans to select customers as early as next month, the San Francisco-based company announced on its blog this week. Customers in 17 states have been invited to join the waitlist to borrow up to 30 percent of their bitcoin holdings.

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College Pays Off Hackers With $28K In Bitcoin

PYMNTS

The hackers sent the college a ransom note demanding payment in bitcoin within seven days for a private key to regain access to the files. The Los Angeles Valley College District decided to pony up and pay the digital ransom to the tune of $28,000 in bitcoin. Francisco C.

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Today In Payments: CT AG Launches Antitrust Probe Into Amazon’s eBook Business; Petco’s $864 Million IPO Beats Forecasts

PYMNTS

In today’s top news, Connecticut’s Attorney General has opened an antitrust probe into Amazon’s eBook business, and Petco beat expectations in its IPO. Connecticut AG Launches Antitrust Probe Into Amazon’s eBook Business. ECB's Lagarde: Bitcoin A Money Laundering Tool, Needs More Regulation.

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Data Dive Christmas Carol Edition: Bills, Bitcoin And Banks

PYMNTS

The law was introduced by Florida Senator Bill Nelson, and co-sponsored by Senator Richard Blumenthal of Connecticut and Wisconsin Senator Tammy Baldwin. Bitcoin And The Ghost Of Crashes Present. And for the last few days, gravity has been catching up with bitcoin. So, what visions did the spirits have in store?

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How to Withdraw Bitcoin to Your Bank Account

MyBankTracker

Bitcoin is one of the best-known cryptocurrencies and one that many people have decided to buy and hold like an investment. People who own bitcoin often find themselves wondering how they can turn that bitcoin into cash and withdraw it to their bank account. The answer varies depending on where you hold your bitcoin.

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Facebook Negotiates Sandberg DC Hearing Testimony

PYMNTS

The social media company had announced earlier this year that it was aiming to create a new cryptocurrency using bitcoin-like technology. Richard Blumenthal of Connecticut, said after the dinner that he had brought up the “repeated failures” of the firm in election security as well as consumer privacy. And, another legislator, Sen.

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Partnerships, Pivots And Bookended Data Breaches

PYMNTS

There are many things that we think count against pursuing a career in cybercrime — it’s illegal, it’s immoral, your financial future is probably tied to the bitcoin and its volatile prices — those reasons all make the shortlist. Connecticut-based HEI attributes the stolen data to malware placed in their system.

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