Crypto lender Abra has been insolvent since March, says Texas regulator
Abra and its CEO William Barhydt have been issued with an emergency cease and desist order. Go to Source Powered by WPeMatico
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Abra and its CEO William Barhydt have been issued with an emergency cease and desist order. Go to Source Powered by WPeMatico
Bob Lee, the creator of Cash App and the former technology chief at Square has died after he was stabbed by an unknown attacker. Go to Source Powered by WPeMatico
During the last few years, cryptocurrencies have been integrated into traditional finance tools like automated teller machines (ATMs), loadable debit cards, point-of-sale devices, and direct payments for all kinds of goods and services. Digital assets have also been added to retirement account offerings issued by financial giants like Fidelity. In recent times, cryptocurrencies can be … Read more
The American actress and businesswoman Gwyneth Paltrow has participated in an investment round involving the bitcoin mining operation Terawulf. According to reports, Paltrow and a group of investors made a “substantial, 8-digit equity investment” in the company. Paltrow is well known for her involvement with cryptocurrencies and joined the crypto firm Abra in 2017 as … Read more
E-commerce giant Paypal’s stock price surged to a new all-time high of $223.16 on Monday, December 14. Since November 12, when the payments giant opened the way for its US customers to start trading cryptocurrency, the stock has soared 17%. Paypal’s Turnaround The stock’s record-breaking performance comes after Paypal recently reported a drop in its … Read more
Users of the cryptocurrency exchange and wallet app Abra can now make deposits and withdrawals to their accounts with bitcoin cash (BCH). Bill Barhydt, the founder and CEO of the company, also published a video chat with Bitcoin.com CEO Roger Ver about bitcoin cash. Also Read: The Daily: Shapeshift Shuts Down Prism, Jamie Dimon Wants to … Read more
Tron’s TRX currency is now trading for just over two cents. While it’s higher than it’s been over the past few days, momentum for TRX does seem to be falling slightly, and the bull behavior that’s somehow graced Tron’s presence is losing its strength. In the long run, bearish behavior is expected in Tron’s future … Read more
Another drop is in the books, and bitcoin is hovering at a monthly low of approximately $7,400. While predictions remain relatively varied, some believe that bitcoin may be heading towards a “death cross,” and that the price could drop to new levels before any serious recovery is experienced. First and foremost, a death cross occurs … Read more
Bitcoin is holding its ground at $7,900. There is no news to report regarding its price – only that it seems to have developed new levels of resistance and could remain here over the coming weeks. This isn’t necessarily a bad thing; bitcoin is showing strong defense against recent trends and backlash, particularly that which … Read more
The peer-to-peer mobile payment service, Abra announced the integration of 20 new cryptocurrencies and 50 fiat currencies into the firm’s app with real-time exchange features. Today the company is rolling out 13 new digital assets and will release the remainder over the next week. Also read: Google Bans Crypto Ads: No Currencies, ICOs, Exchanges, Wallets, Advice … Read more