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Bitcoin Joins American Express and PayPal on 2017 List of Social Media Darlings

Bank Innovation

American Express is the “most-loved” financial service on social media in 2017, according to a recent report, followed by PayPal, Vanguard and bitcoin. To find out which brand was the consumer favorite, at least on social […].

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Potential Facebook Crypto Launch Pushes Bitcoin Over $9,000

PYMNTS

Bitcoin, the world’s most well known digital currency, has crossed the $9,000 mark for the first time in over a year, according to a report by CNBC. Bitcoin hit a high of $9,381.82 Bitcoin hasn’t been as high as $9,000 since May of 2018, and the cryptocurrency is now up 14 percent since January.

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Bitcoin Daily: BoE Economist Cites Benefits Of Digital Assets; Online Gamblers Choose Crypto To Cash Out; One Charged In $2M Crypto Theft

PYMNTS

While recognizing that digital currencies do pose risks, including the possibility of imposing “a macro-economic cost,” Haldane argued that a digital currency could mitigate technological constraints on lending, provide additional payments security, and increase stability. “I In other news, the U.S.

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Bitcoin Daily: VeChain Blockchain Platform Loses $6.7M In Cyberattack; Bottle Pay Bitcoin Startup Shuts Down Amid New EU Regulations

PYMNTS

VeChain, which was started in 2015 in Singapore, showcases a lending platform based on the blockchain that aids clients in assessing the quality of items purchased via supply chain analysis. The Bottle Pay app once let users send small portions of bitcoin via social media handles and texts from Twitter to Telegram.

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Amazon’s Bitcoin Embrace And Cannabis Burgers Top The Week’s News

PYMNTS

In addition, they are expected to jointly explore new product and service offerings in digital lending. Amazon Embraces Bitcoin. Bitcoin , through the lightning network, will soon be available as an option to pay on Amazon and other eCommerce sites. Mueller Report Reveals Bitcoin’s Russia Connection.

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Bitcoin Daily: US Treasury’s Mnuchin Says ‘Significant’ New Crypto Rules In Works; Spain’s FC Barcelona To Create Team Token

PYMNTS

Chiliz has created a coin called Barca Fan Token due to its partnership with the Spanish sports giant, which can be used on its social media app Socios. Meanwhile, a Peter Thiel-backed venture fund , Valar Ventures, lent a hand in a $30 million second round of financing for crypto trading and lending platform BlockFi.

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Bitcoin (And Other Crypto) Use Cases Fizzle, Bit By Bit?

PYMNTS

Much hype and hope surrounds the adoption of cryptocurrencies — bitcoin among them as the marquee name in the space, of course — beyond the Wild West of speculative trading that exists now. Favor has met with disfavor, and bitcoin now trades at $3,990 — a bit above nadirs around $3,400 and well off highs that neared $20,000.

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