A group of former software developers from Morgan Stanley have created a cryptocurrency derivatives exchange that will reportedly execute trades in less than a millisecond for both retail and institutional investors. Phemex has been in the beta testing phase for several weeks, and started trading...
U.S. asset manager WisdomTree has launched its first investment product, offering large investors exposure to bitcoin without having to directly hold the asset. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Decentralized cryptocurrency exchange (DEX) CryptoBridge is shutting down. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you...
The Bank of Russia has voiced its support for a ban on cryptocurrency payments, saying that “private cryptocurrencies cannot be equated with fiat money and cannot be legal tender.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Crypto-based donations are taking center stage this holiday season with #BitcoinTuesday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
Crypto startup Gladius Network announced Nov. 22 that it has shut down. The news comes after it settled charges with the U.S. Securities and Exchange Commission (SEC) earlier this year for selling an unregistered security. Get the Full Story Complete the form to unlock this...
BitBay has announced that monero (XMR) will no longer be tradeable starting in February 2020. The crypto exchange will end deposits of XMR as of Nov. 29, and will block withdrawals from Friday to Dec. 5, which is around the time of a planned monero...
A former executive at StyleHaul has pleaded guilty to embezzling millions from his former employer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Singapore-based BCB Blockchain announced that it has launched a $300,000 fund to support incubators and startup accelerators in the Philippines under the Department of Science and Technology (DOST). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...