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 safe-haven dollar and yen nursed losses on Thursday, after the revival of hopes for some U.S. spending improved investor sentiment and appetite for riskier currencies.
A weaker U.S. dollar likely won’t give Manhattan real estate its usual boost after the New York borough emerges from its COVID-19 lockdowns.
The recent direction of the U.S. dollar points to former Vice President Joe Biden defeating President Trump in the upcoming election, but a lot can change before Nov. 3.
Gold prices on Wednesday fell below $1,900 an ounce for the first time in nearly two months amid continued strength in the U.S. dollar.
A 2020 election win by former Vice President Joe Biden could speed up the U.S. dollar’s decline, according to Goldman Sachs.
The Federal Reserve announced in June that the supply system for coins had been severely disrupted by the pandemic.
The Fed is investigating whether a central bank digital currency (CBDC) would be safe and efficient for widespread use
The hackers used bitcoin because the cryptocurrency is supposed to be hard to track, but federal investigators say they were able to track the hackers down through bitcoin's decentralized public ledger.
While governments and central banks have pumped liquidity into the global economy to support a recovery, no measures have been as aggressive as those taken by the U.S.
A Virginia Chick-fil-A is offering customers food vouchers in exchange for coins to avoid going cashless amid a nationwide coin shortage due to the coronavirus pandemic.
Apple co-founder Steve Wozniack is suing Google and YouTube for leaving up Bitcoin scams and profiting from ads on fraudulent videos.
The Federal Reserve has seen a significant decline of coins in circulation because people are not spending them as regularly at businesses, many of which are either temporarily closed or not accepting cash.
The U.S. dollar is set to weaken further as investors focus on the economic recovery following the sharpest economic contraction of the post-World War II era.
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.
Bitcoin lost to fraud is nearly impossible to recover because its blockchain is "permissionless."
Before a hacking campaign tore through Twitter and compromised some of its most high-profile users, an ad went up on a gray market site that facilitates the trade of user accounts for popular websites, including not only Twitter but Netflix, Instagram, Minecraft and others.
The White House has been in "constant contact" with Twitter over the past 18 hours to ensure the president's account is secure, according to Press Secretary Kayleigh McEnany.
Twitter hackers posing as Barack Obama, Bill Gates, Jeff Bezos and others collected more than $110,000 worth of bitcoin on Wednesday.
The hacked accounts sent out tweets soliciting the public to send bitcoin to a specific address.