Tag: banking

In addition to bitcoin, AMC will soon accept other cryptocurrencies for purchases

AMC on Wednesday expanded the range of cryptocurrencies it soon plans to accept for movie-ticket and concession purchases. In its second-quarter earnings report in August, AMC Entertainment Holdings Inc. AMC, -0.97%, the nation’s largest movie-theater chain, announced it would accept bitcoin BTCUSD, +0.79% for online ticket and concession purchases before the end of this year. […]

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University of California student allegedly tapped into people’s cell phones to steal their cryptocurrency

It was the worst kind of wrong number. A 21-year-old student at the University of California San Diego allegedly commandeered the cell phone accounts of at least 40 people to plunder their cryptocurrency wallets, prosecutors said. Richard Yuan Li, of Hercules, Calif., is accused of operating what is called a SIM-swap scam from his dorm […]

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Litecoin hoax highlights crypto market vulnerable to scams: ‘Walmart has no relationship with litecoin,’ says big box retailer

An earlier version of this article incorrectly stated John Wu’s affiliation with Ava Labs, where he is president. Ava Labs was founded by a group including Emin Gün Sirer. Fake news appeared to give holders of virtual currencies very real agita on Monday, as a hoax news release sent litecoin briefly soaring before crumbling back […]

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Here’s a safer way to invest in bitcoin and blockchain technology

Bitcoin and other cryptocurrencies can be among the most volatile securities trading today. A safer way to invest in cryptos and blockchain-technology companies is through exchange traded funds. The Amplify Transformational Data Sharing ETF BLOK is, by far, the largest ETF focused on cryptocurrencies and companies that use or develop blockchain technology. It has $1.3 […]

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TransUnion set to buy Neustar for $3.1 billion

TransUnion is nearing a deal to buy information-services company Neustar Inc. for $3.1 billion, according to people familiar with the matter, a move that could help the consumer-credit reporting giant diversify beyond its core business and put data to new uses. The purchase of closely held Neustar could be finalized by Monday, the people said, assuming […]

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