Cryptocurrency

Cryptocurrency
Bankrupt Crypto Firm Voyager Sold to FTX for $1.4B
September 27, 2022

Voyager Digital will sell its assets to cryptocurrency exchange FTX for $1.4 billion, the struggling crypto lender announced late Monday (Sept. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cryptocurrency
U.S. State Regulators Charge Nexo Group For Not Registering Product
September 26, 2022

Eight U.S. state regulators have charged cryptocurrency lender Nexo Group, saying it has failed to register its Earn Interest Product, a Reuters report said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
Hackers Exploit Ethereum Address Weakness, Grab Nearly $1M
September 26, 2022

Around $950,000 in cryptocurrency has been stolen from an Ethereum address, exploiting a vulnerability similar to another recent attack on market maker Wintermute that took $160 million, a report from Decrypt said Monday (Sept. 26). Get the Full Story Complete the form to unlock this...

Cryptocurrency
Today in Crypto: China Arrests 93 in $5.6B Crypto Money Laundering Case; Apple Removes Crypto...
September 26, 2022

Australia is set to complete its CBDC project in the middle of 2023, a new presentation said. 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
Report: IRS ‘Steps Up’ Work to Find Crypto Tax Evaders
September 26, 2022

The Internal Revenue Service (IRS) has reportedly “stepped up” its pursuit of taxpayers who haven’t reported and paid taxes on cryptocurrency transactions by getting a court order to gain access to a bank’s data relating to customers who used a digital currency broker. Get the...

Cryptocurrency
Veto of California Crypto Law Cold Comfort for State’s FinTech Sector
September 26, 2022

The cryptocurrency lobbying industry won another victory Friday (Sept. 23) when California’s governor vetoed a bill that would have created a crypto regulation framework it said would force smaller and startup FinTechs out of the state where a great deal of the technical talent and...

Cryptocurrency
Today in Crypto: Pentagon Hires Inca Digital to Research Crypto Risks; JPMorgan Lowers Coinbase Price...
September 25, 2022

The Defense Advanced Research Projects Agency (DARPA) has hired Inca Digital, a digital asset data and analytics provider, to look into cryptocurrency risks to national security. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
Calif. Gov. Newsom Vetoes Crypto Licensing Bill
September 25, 2022

California Governor Gavin Newsom vetoed a bill Friday (Sept. 23) that would have required crypto financial services businesses to have a special license to operate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
Russian Financial Regulators Explore Cross-Border Crypto Payments
September 25, 2022

Russian authorities are working on a way to use cryptocurrencies for settlements with other nations amid the sanctions related to the Russia-Ukraine war. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...