Cryptocurrency

Cryptocurrency
Today in Crypto: Durbin, Warren Question Fidelity on Retirement Funds’ Crypto Exposure; Game Maker Sky...
July 28, 2022

Solana-based yield protocol Nirvana Finance has been hit by a $3.5 million exploit which used flash loans to manipulate and drain liquidity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cryptocurrency
French Lawmaker Calls for Crypto Committee as Legal Questions Loom
July 28, 2022

With legal questions mounting around the push to adopt cryptocurrency as an accepted form of payment across countries around the world, French Senator Nathalie Goulet on Thursday (July 28) pushed for a committee to regulate their uses in that nation, according to a letter posted...

Cryptocurrency
Sen. Toomey Criticizes SEC on Crypto, Calls for Bipartisan Stablecoin Oversight
July 28, 2022

U.S. Sen. Pat Toomey, R-Pa., on Wednesday (July 27) criticized the Securities and Exchange Commission (SEC) for its approach to cryptocurrency, which he said has harmed both financial innovation and American consumers. Get the Full Story Complete the form to unlock this article and enjoy...

Cryptocurrency
Hackers Force a $4B Question: Can DeFi Ever Be Safe?
July 28, 2022

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Cryptocurrency
Crypto Platform Calypso Pay Teams With WatchData
July 28, 2022

Crypto processing platform Calypso Pay has launched Tron Mass Payouts in conjunction with WatchData, a platform that helps web3 developers interact with the blockchain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
South Korea’s Crypto ‘Kimchi Premium’ Suspected in $3.4B FX Investigation
July 28, 2022

When people talk about illicit Korean cryptocurrency transactions, people tend to think of North Korean hackers stealing billions in bitcoin to fund the country’s nuclear weapons program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency
Thai Crypto Exchange Zipmex Seeks Bankruptcy Protection
July 28, 2022

Zipmex is seeking bankruptcy protection in Singapore, the Thailand-based cryptocurrency exchange said Wednesday (July 27). 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
Today in Crypto: Japanese Crypto Businesses Seek Tax Cuts; Crypto Trading Drops Amid SEC Probe...
July 27, 2022

Japanese crypto lobbying groups will ask the government to ease up on corporate tax rules they say are stunting growth for the industry, Bloomberg reported Wednesday (July 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cryptocurrency
Crypto Regulation Weekly: SEC Targets Coinbase as CFTC Prepares to Take Lead
July 27, 2022

Reports that the U.S. Securities and Exchange Commission will sue publicly listed crypto exchange Coinbase for allegedly selling unregistered securities to the general public signal that the agency is making its strongest push yet to rein in the cryptocurrency industry under its jurisdiction. Get the...