Ripple Partnership Discussed By Bank of America Exec
In an interview discussing emerging digital payment technology a lead executive at Bank of America praised Ripple as a partner. She noted Ripple’s passage of the bank’s compliance...
Bitcoin Solves This: Ex-PayPal CFO ‘Fired as Customer’ by Bank of America
There are many use cases for bitcoin but the primary one is to cut out centralized banks. The banking system as we know it is on the verge of collapse, but that is not all. They also...
Number of IBM Blockchain Patents Surge 300% In One Year
The number of blockchain patents that IBM owns has surged by as much as 300% in a little less than a year. With other major corporations getting seriously involved in the industry...
Banks Down 99% In Value Against Bitcoin; Data Shows
Bitcoin now makes the world’s largest banks look literally worthless courtesy of new data showing returns on their shares. Banks Bite The Bitcoin Dust Published by research firm...
CEO of Bank of America: “We Want a Cashless Society”
The banking industry accepts the fact that cryptocurrencies and other cashless payments solutions are the future. Now, the powerful traditional Bank of America has joined the...
Most Powerful Woman in Banking Bearish on Blockchain, But Amassing More Patents Than Anyone
2018’s most powerful woman in banking, Cathy Bessant, is admittedly bearish on distributed-ledger technology — despite the fact that the company for which she is the tech and...
Bank of America: ‘Blockchain Could be a $7 Billion Market’
New estimates from Bank of America indicate that the global blockchain market could eventually hit $7 billion. Even though the analysis didn’t provide an actual timestamp, it...
Bank of America Charges Clients 6000 Times More in Fees Than Bitcoin
While Bitcoin critics claim the cryptocurrency is too expensive to use for transactions, data from Bank of America (BoA) shows traditional fiat transfers cost 6000 times as much. $90K...
Wells Fargo Halts Credit Card Cryptocurrency Purchases
Wells Fargo & Company, a San Francisco-based financial services giant, announced recently that it will no longer allow cryptocurrency purchases using its bank-issued credit...
The FUD Goes On… BofA CTO and Noted Economist Try (and Fail) to Call Out Bitcoin and...
While Bitcoin and the cryptocurrency market goes through what some might consider a healthy pullback, two figures in the world of traditional finance have taken yet another shot at...
Bank of America: History’s Greatest Bubble Has Popped, But For Real This Time
Ignoring pretty much every piece of information outside of Bitcoin’s chart, Bank of America has officially announced that the greatest bubble in history is popping, but for real...
Bank of America Admits Bitcoin is a Threat in SEC Report
In an annual filing to the Security and Exchange Commission, America’s second-largest bank has expressed fears over cryptocurrency’s potential to undermine the control of...