JPMorgan tests blockchain payments in space
JPMorgan Chase & Co has recently tested blockchain payments between satellites orbiting the earth, executives at the bank told Reuters.
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JPMorgan Chase & Co has recently tested blockchain payments between satellites orbiting the earth, executives at the bank told Reuters.
Tesla boss Elon Musk is a poster child of low-carbon technology. Yet the electric carmaker's backing of bitcoin this week could turbo-charge global use of a currency that's estimated to cause more pollution than a small country every year.
Analysis: Robinhood CEO's U.S. lawmaker grilling spotlights broker's hidden risks Michelle Price , By Michelle Price and Anna Irrera WASHINGTON (Reuters) - Robinhood CEO Vlad Tenev told a congressional hearing that his decision to curb buying in some stocks such as GameStop Corp during a period of extreme volatility was unavoidable, but industry experts said it only underscored the risks the popular trading app was willing to accept to expand its market share. Robinhood's Jan. 28 restrictions on buying GameStop and other stocks that hedge funds had bet ag...
5 Min Read LONDON (Reuters) - Bitcoin rose above $50,000 on Tuesday for the first time, adding steam to a rally fuelled by signs that the world’s biggest cryptocurrency is gaining acceptance among mainstream investors and companies. Bitcoin hit a record $50,603 and was last up 0.83% at $48,351. It has risen around 67% so far this year, with most of the gains coming after electric carmaker Tesla said it had bought $1.5 billion in bitcoin. The move by Tesla, which also said it would accept bitcoin as payment, was the latest in a string of large investments that have vaulted bitcoin from the f...
By Reuters Staff 2 Min Read FILE PHOTO: A collection of Bitcoin (virtual currency) tokens are displayed in this picture illustration taken Dec. 8, 2017. REUTERS/Benoit Tessier/Illustration/File Photo LONDON (Reuters) - Coinbase has appointed former Stripe executive Melissa Strait as chief compliance officer, as the U.S. cryptocurrency exchange prepares for a direct listing, the company said on Wednesday. Strait will oversee the company’s global compliance programs, including know-your-customer and anti-money laundering initiatives, and manage the exchange’s work with law enforcement, Coin...