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Crypto 2020: One Step Up; Two Steps Back

PYMNTS

If 2020 taught us anything about cryptocurrencies, it’s that they’ve reached a tipping point. Or maybe that cryptocurrencies have yet to go mainstream beyond the headlines because fraud still lurks. Bitcoin, of course, exists as one of the most widely recognized cryptocurrencies.

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Bitcoin Daily: Ripple’s $29M Charity Donation, Bitcoin’s ‘Death Cross’

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In investment news, Boston-based Flipside Crypto notched $3.4 The company plans to use the funding to develop tools and algorithms that scan the online crypto market and serve as the basis of its investment recommendations. The company made the donation through DonorsChoose.org. million in equity funding, BostInno reported.

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Fed Sees Possible Path To ‘Direct Issuance’ Of Digital Dollars

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And as PYMNTS has previously reported , the Boston Federal Reserve has been working with the Massachusetts Institute of Technology to explore tech infrastructure. The Fed survey also found that about 20 percent of respondents reported switching to paying online or over the phone for items from restaurants and big-box stores.

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SEC Charges Two Firms With ICO Violations

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It also signals an increase in the SEC’s oversight of the cryptocurrency market. It is the first time the SEC slapped companies with penalties for getting around rules via initial coin offerings (ICOs), noted Reuters in a report. The two companies that settled with the SEC are CarrierEQ and Paragon Coin Inc.

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Five At Five: Mastercard Makes A Biometric Bet

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A new inquiry reportedly focuses on the cryptocurrency Ethereum, which hasn’t been in the crosshairs of regulators as of yet. Amazon Expands Boston Tech Hub; Adds 2,000 New Tech Roles. But the online food delivery service’s food sales and active daily orders came up short of estimates. Regulators in the U.S.

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Facebook And Google Payments Efforts Top Week’s News

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Users of Facebook Pay , which the company said is not related to its proposed cryptocurrency Libra, will be able to enter a preferred payment method and then use the option to eventually pay throughout all of the related apps. Amazon To Build $40M Robotics Innovation Hub Near Boston. Deutsche Bank told U.K.

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The PYMNTS 2018 Summer Top 10 List

PYMNTS

Cryptocurrencies suffered through a rough day in mid-June, when prices plummeted fast during a few hours and wiped out a total of $15 billion in value. Mexico and the Philippines — two of the world’s top remittance corridors — are the first two markets out of the gate. In December of 2017, Even went live and online for 1.4

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