PYMNTS
DECEMBER 24, 2020
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.
PYMNTS
AUGUST 21, 2020
In today’s top news, $50 billion worth of cryptocurrency was transferred out of China, and Uber Health and NimbleRx have teamed on prescription delivery. Plus, Amazon has put some hiring on hold for its Alexa operation. Report: $50B in Cryptocurrency Moved Out of China. Report: Amazon Slows Alexa Staff Hiring to Improve Margin.
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PYMNTS
APRIL 2, 2020
Blockchain company Binance has acquired the CoinMarketCap cryptocurrency data tracking website, according to an announcement. CoinMarketCap, which is a source for digital currency prices and exchange trading volume, will be kept operating as an independent business entity. BSTX is a tZERO and BOX joint venture.
Bank Innovation
AUGUST 17, 2017
Silicon Valley, New York City, and Boston all have thriving fintech communities, and are definitely worth a trip for the invested fintech entrepreneur, but the U.S. is already seeing a cluster of other fintech hubs emerge. These cities boast strong tech communities, talent pools, good coffee, and cheaper rents.
PYMNTS
NOVEMBER 16, 2018
While the previous purchase amount threshold varied by city, it’s now set at $300,000 for each metropolitan area, covering certain counties within the following major locations: Boston, Chicago, Dallas-Fort Worth, Honolulu, Las Vegas, Los Angeles, Miami, New York City, San Antonio, San Diego, San Francisco and Seattle.
Bank Innovation
MAY 17, 2018
At the JPMorgan Technology, Media and Communications conference in Boston yesterday, Kelly said: Remember blockchain actually is not very good about facilitating low-value high-volume scale transactions, which is the core of what we do. […].
PYMNTS
DECEMBER 11, 2018
The Wall Street Journal reports that cryptocurrency firms are laying off employees, a survival tactic in a world where crypto prices have crashed in some instances by more than 85 percent. Even crypto mining giant Bitmain has laid people off, shutting down at least some of its development operations, it was reported earlier this week.
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