Bitcoin on Thursday reached a record valuation of $16,118, its highest level since 2018. The cryptocurrency is up 123% year-over-year and 50% this quarter, according to data from the California-based digital currency exchange Coinbase.
PayPal processed 4 billion payment transactions in the quarter ending with a total of 361 million active accounts.
The feature will roll out in the U.S. in the coming weeks and to Venmo and select international markets in the first half of 2021
The regulator said in its complaint that T.I. -- whose real name is Clifford Joseph Harris -- sold cryptocurrency tokens using his Twitter account and encouraged his followers to invest in the 2017 FLiK initial coin offering.
The Fed is investigating whether a central bank digital currency (CBDC) would be safe and efficient for widespread use
Although it hasn’t found success as a mainstream, transactional currency, it is increasingly used in scams. Purporting to be former President Obama, Bill Gates and Kanye West, hackers steered Twitter followers to send $1,000 in bitcoin, promising $2,000 in return. They drew more than $100,000 before the scam was shut down.
Telegram will return $1.2 billion to investors in its canceled crypto token offering and pay an $18.5 million fine.
The scheme drew at least $5.6 million from 2,400 investors.
Digital transactions are faster and globally accessible.
Nearly 25 million people around the world use bitcoin.
The U.S. government on Tuesday is auctioning more than 4,000 bitcoins --- worth nearly $39 million --- that were recovered from criminal cases.
One Bitcoin is worth nearly $10,000 as of Feb. 8.
Each cryptocurrency transaction is a unique exchange between two parties.
Billionaire investor Tim Draper said bitcoin is the key for millennials who want to ensure they have enough money in retirement
Paypal co-founder Max Levchin said the United States runs the risk of losing the digital currency battle if it doesn't fully digitize the dollar.
Suspect told North Koreans they could use cryptocurrency to 'achieve independence from the global banking system,' according to a criminal complaint.
We may all be paying indirectly for private bitcoin mining operations.
The Dolder Grand Hotel in Zurich now accepts Bitcoin, and other travel outlets that are starting to accept cryptocurrency.
Bitcoin.com and HTC are partnering to develop crypto technologies, the companies announced Monday.
Fed Chair Jerome Powell says Facebook's new cryptocurrency project has a "burden of proof to carry."