Bitcoin has had a troubled start to 2019 with many predicting the long-running bitcoin bear market, which has seen the bitcoin price fall by some 80% over the last 12 months, could run on well into this year. Not all are predicting doom and gloom for bitcoin, however. And now the chief executive of […]
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Chat giant Kakao’s mobile payment app surpassed 20 trillion won, or $17.7 billion, in transactions during 2018, cementing itself as the undisputed sector leader in South Korea.
From left, Mara Zepeda, Aniyia Williams, Astrid Scholz and Jennifer Brandel of Zebras Unite. The group encourages a more ethical industry with greater gender and racial diversity. On a sunny Saturday morning in New York a few months ago, a group of 50 start-up founders gathered in the dank basement of a Lower East Side […]
The Intercontinental Exchange’s (ICE) cryptocurrency project Bakkt celebrated New Year’s Eve with the announcement of a $182.5 million equity round from a slew of notable institutional investors. ICE, the operator of several global exchanges, including the New York Stock Exchange, established Bakkt to build a trading platform that enables consumers and institutions to buy, sell, […]
Digital cash may soon start replacing the physical kind. The market for digital currency is down, but it’s certainly not out. Even if private cryptocurrencies are falling in popularity, it appears likely we are headed toward an era of national digital currencies that are backed by central banks. Central banks are the institutions that set […]