Cryptocurrency

Cryptocurrency
Binance’s Stablecoin Was at Times Undercollateralized by Up to $1B 
January 10, 2023

Binance’s stablecoin was reportedly undercollateralized at times during 2020 and 2021. 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...

Cryptocurrency
High-Profile FTX Shareholders’ Investments Likely Worthless 
January 10, 2023

Tom Brady is reportedly among the customers and shareholders likely to lose money in the FTX collapse. 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...

Cryptocurrency
Coinbase Cuts Staff by Another 20% to Weather Crypto Downturn
January 10, 2023

Coinbase will reduce its workforce by 20% as it tries to weather the crypto market downturn. 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...

Cryptocurrency
FTX Court Filings Highlight Key Crypto Industry Risk Management Lessons
January 09, 2023

The FTX collapse provides a master class in caveat-emptor crypto industry risk management and accounting failures. 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...

Cryptocurrency
Justice Department Wants to Hear From Possible Victims in Bankman-Fried Case
January 09, 2023

U.S. prosecutors want to hear from anyone who thinks they’ve been defrauded by Sam Bankman-Fried. 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,...

Cryptocurrency
Report: Binance Hemorrhages $12B in Under 2 Months
January 09, 2023

Cryptocurrency exchange Binance’s losses following rival FTX’s collapse are reportedly worse than its CEO suggested. 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,...

Cryptocurrency
France’s Market Regulator Aims to Speed Mandatory Licensing of Crypto Services
January 09, 2023

France’s market regulator wants to accelerate the mandatory licensing of cryptocurrency service providers. 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....

Cryptocurrency
Former FTX President Hints He’s Cooperating With Crypto Collapse Investigation
January 09, 2023

The former president of FTX says he’ll reveal his insights about the firm’s collapse “in time.” 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...

Cryptocurrency
FTX Wants to Claw Back Bankman-Fried’s Gifts to Charity
January 08, 2023

FTX wants to recoup the millions it and disgraced founder Sam Bankman-Fried gave to charity. 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,...