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Visa launches crypto consulting services

A smartphone showing the Visa logo with a background of a Bitcoin logo. Rafael Henrique | SOPA Images | LightRocket | Getty Images VisaIt is now offering new advisory and consulting services that will help clients navigate the crypto-world. According to the payments processor, Wednesday’s crypto advisory service, which is housed in its consulting and […]

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Miami jury rules in favor of Craig Wright, claimed bitcoin inventor

A Bitcoin ATM screen displays the Bitcoin logo on November 10, 2020 in Los Angeles, California. Mario Tama | Getty Images The man who claimed to have invented bitcoin has won a significant U.S. case. This will save him from having to pay a former business partner millions of dollars. Craig Wright is an Australian […]

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Hackers take $196 million from crypto exchange Bitmart, security firm says

Security firm Saturday reported that $196 million was stolen by hackers from Bitmart crypto trading platform. Bitmart has confirmed that the hack was successful in an official statementSaturday night saw the hackers steal about $150 million of assets. Peckshield data security firm and blockchain analytics company Peckshield believes that the total loss could be close to […]

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Bank of America upgrades Square, reiterates Twitter at buy after Jack Dorsey steps aside

Jack Dorsey is the co-founder of Twitter Inc. Square Inc.’s chief executive officer, and spoke at the Bitcoin 2021 conference, which took place in Miami on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Jack Dorsey’s resignation as CEO TwitterThis could also be good news to the stock of social media […]

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Jack Dorsey’s Twitter departure means more time for bitcoin passion

Jack Dorsey is the co-founder of Twitter Inc. Square Inc. was founded by Jack Dorsey on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Twitter’s CEO Jack Dorsey announced his resignation on Monday. This was due to the belief of Dorsey that Twitter was a good company. “ready to move on […]

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Bitcoin (BTC) climbs back above $57,000 after sell-off

Bitcoin’s value (BTC) has now exceeded the threshold at 66,895 US dollars for the very first time in its history. Chesnot| Getty Images BitcoinThe price of other cryptocurrency cryptocurrencies rose Monday following a sharp drop at the close of last week. Coin Metrics data shows that bitcoin’s price has risen by almost 6 per cent […]

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Thought Machine hits $1 billion valuation in JPMorgan-backed funding

JPMorgan Chase & Co. signage is illuminated at night at a bank branch in Chicago, Illinois. Getty Images| Bloomberg | Getty Images LONDON — British fintech start-up Thought Machine has raised $200 million in a fresh round of funding that lifts its valuation above the coveted $1 billion mark. Nyca Partners led the cash injection. […]

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Bitcoin (BTC) enters bear market on new Covid variant

The global sell-off of equities led to a sharp drop in Bitcoin prices. Luke MacGregor  | Bloomberg | Getty Images BitcoinThe dollar fell along with other assets Friday. It hit a 6-week low and entered bear market territory. According to Coin Metrics data Bitcoin fell 7% to $54,561 in 24 hours, the lowest point since […]

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Stripe open to accepting crypto for payments again

John Collison is the President of Stripe and co-founder. He attends the 2018 Viva Tech Conference in Paris. Christophe Morin | IP3 | Getty Images According to John Collison, co-founder of Stripe, cryptocurrency will be accepted by Stripe in the future. Online payments company ended support for bitcoin paymentsIn 2018, the cryptocurrency was cited for […]

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Dogecoin is not good for the crypto market, Ripple CEO says

Brad Garlinghouse is the Ripple CEO red hot inflationThis is creating “tailwinds” in bitcoin and crypto, but there’s a caution for anyone following the dogecoin meme token.  Garlinghouse said that “I am not really convinced” (somewhat controversially) that dogecoin was good for crypto markets. This statement was made during a CNBC-moderated discussion held at Fintech […]