““You have an asset class that’s 100% based on some sort of greater fool theory that somebody’s going to pay more for it than I do…” That was Microsoft MSFT, co-founder Bill Gates delivering his latest thoughts on cryptocurrencies and nonfungible tokens (NFT) at a TechCrunch conference on climate change Tuesday. He added that any […]
“Transactions using China’s digital yuan surpassed 100 billion yuan ($13.9 billion) as of Aug. 31, China’s central bank said on Wednesday, as the country continues its roll-out of a central bank digital currency. The spending involved 360 million transactions in pilot areas in 15 provinces and municipalities, the People’s Bank of China (PBOC) said, adding […]
“Bill.com, a cloud-based payments platform for U.S. businesses, announced today that it has raised an additional $100 million to digitize payments. JP Morgan Chase and Temasek co-led the round, with participation from returning investors August Capital, Scale Ventures, Napier Park, DCM, Icon Ventures, and Emergence Capital.”
“More than 100 financial institutions have joined Ripple’s enterprise blockchain network, RippleNet, to definitively modernize global payments leveraging the full power of blockchain. The newest members of RippleNet include AirWallex, Bexs Banco, Credit Agricole, Cuallix, Currencies Direct, dLocal, IFX, Krungsri, RAKBANK and TransferGo, amongst others, and they’re now on the path to join existing members like SEB […]
“Walmartis expanding its “Scan & Go” technology to an additional 100 locations across the U.S. in 2018. The app allows customers to scan and bag items, including produce, while they shop and pay directly with their phones. Customers see the price of individual items as they scan them, along with a running total, enabling them to gauge […]
