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The Long Climb Back From Ghana’s Banking Crisis

PYMNTS

Capping off the effort last week, Ghana’s central bank announced it had revoked the licenses of 23 savings and loans companies as well as finance houses and appointed a receiver to manage their affairs. “It So far the government has paid at least 12 billion cedis ($2.2

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What South Korea’s Delisting Of Private Altcoins Means For Crypto

PYMNTS

In some cases, altcoins sport shorter “block” generation time, which would imply less effort, cost and time to production, thus boosting liquidity. billion market cap, overall, as determined by cryptoslate.com, and where Monero dominates with $1.3 billion of that market cap. As Monero goes, so might this corner of crypto-land.

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Bitcoin Tracker: Smooth(ish) Sailing?

PYMNTS

Bitcoin’s current estimated market cap is over $14.5 12, the Central Bank of Nigeria (CBN) released a circular to banks and other financial institutions warning against the use of “virtual currencies.”. Sweden’s central bank could come to a decision on the e-krona in the next two years. The culprit?

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Data Dive: Amazon And The FTC, Ethereum And Mastercard And Wells Fargo’s New Groove

PYMNTS

Consumer Watchdog has requested the merger be blocked until Amazon cleans up its discounting act. As of Wednesday (July 19), there was a $10 billion difference between the market caps of Bitcoin and Ethereum, and continued price increases could see Ethereum’s value rise to challenge Bitcoin once again.

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What Is Blockchain Technology?

CB Insights

The technology allowed this to happen at scale, globally, with cryptography doing what institutions like commercial banks, financial regulators, and central banks used to do: verify the legitimacy of transactions and safeguard the integrity of the underlying asset. Bitcoin is a decentralized, public ledger. BLOCKCHAIN.

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Bitcoin’s Big Halving Countdown And ‘Long Tail Risk’

PYMNTS

When bitcoin was first released, a cap was placed on how many bitcoin could ever be produced. When the halving occurs, the bitcoin block mining reward will decrease from 25 to 12.5 That means that whenever a bitcoin miner completes a bitcoin block they earn a bitcoin. 10.5B | Bitcoin’s estimated market cap.

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