Blockchain firm Digital Currency Group (DCG) has bought the Luno cryptocurrency exchange, which it will keep running as an independent subsidiary, according to a Wednesday (Sept. 9) announcement. DCG first backed the company six years ago during its seed round. Get the Full Story Complete...
An ambitious initiative to implement digital versions of worldwide currencies is unlikely to get off the ground this year, officials said, as reported by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
European crypto exchange Eterbase has announced a hack, affecting hot wallets for six of its listed cryptocurrencies and allowing hackers to make off with $1.6 billion in assorted cryptocurrencies, CoinDesk reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Australian Services and Investments Commission (ASIC) has banned John Louis Anthony Bigatton, who was the Australian national representative for crypto platform BitConnect, from engaging in financial services for the next seven years after he was found to be engaging in deceptive practices, a report...
Saudi Arabia has proposed a business passport built off of blockchain technology to help overcome trade finance challenges brought about by the pandemic, CoinDesk reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The U.S. Department of Justice is looking for the seizure of nearly $400 million as part of the sentence of defendant Mark S. Scott, according to a letter posted by CoinDesk. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Bermuda government is working on a plan to roll out a digital stimulus token to help residents and vendors, The Royal Gazette reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Bank of Korea (BOK) is speeding up its efforts to create a central bank digital currency (CBDC) experimental program, The Korea Times reported. BOK reportedly intends to release more information on a consulting collaboration with a local firm. Get the Full Story Complete the...
Crypto exchange ShapeShift is suing former engineer Azamat Mukhiddinov for allegedly stealing $900,000 in bitcoin via programs he installed on their servers, CoinDesk reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
