With Japan’s Financial Services Agency (FSA) bringing business improvement orders against multiple exchanges, some crypto exchanges are limiting their operations: At least one exchange said it would stop taking on new clients and review some of its existing clients, Seeking Alpha reported. Get the Full...
Bithumb might be able to reduce the losses resulting from a recent hack, CoinDesk reported. Though the Bithumb said it reported losses of about $31.5 million to the Korea Internet & Security Agency (KISA), the South Korean crypto exchange said the final figure might be lower...
What’s a currency to do when it can take down the internet? 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...
Coinbase customers have been reaching out to the U.S. Securities and Exchange Commission (SEC) with complaints, Mashable reported. After filing a Freedom of Information Act (FOIA) request with the agency, Mashable obtained 115 complaints made against the crypto exchange. Get the Full Story Complete the...
BitTorrent may be sold to blockchain firm TRON for the price of $140 million, The Next Web reported. According to reports, shareholders have not signed off on a deal and some details are still in the works. BitTorrent has about 170 million total users across...
Crypto Fund AG, a subsidiary of Crypto Finance Group, says that it has received a license from the Swiss government to distribute funds, Reuters reported. The Financial Market Supervisory Authority (FINMA) reportedly granted the license, which will allow the company to distribute collective investment schemes. “Getting...
Square, the payments company founded by Jack Dorsey, has received a license to enable residents in New York state to buy and sell bitcoin via its Cash App. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Hedge funds investing in cryptocurrencies are seeing returns fall, with digital coins down by 35 percent so far this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The Bank of International Settlements unleashed a scathing criticism of cryptocurrency over the weekend, saying that it will never be mainstream for financial services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
