Despite the Chicago Board of Options Exchange’s volatility index showing a lack of investor anxiety ahead of the Federal Reserve rate increase, bitcoin was down 3.5% in the 24 hours leading up to Monday (July 25) afternoon. Get the Full Story Complete the form to...
U.S. lawmakers have put a bill designed to deal with the risks posed by stablecoins on hold, likely for the rest of the summer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
By and large, stablecoins get used the most for crypto trading — and at least until recently, they’ve also been seen as a good way to park your funds in between trades if you don’t want too much risk exposure. Get the Full Story Complete...
Cryptocurrency platforms that have been the victim of thefts are telling their attackers to keep some of the stolen digital assets and give back the rest, as the platforms face millions of dollars in losses. Victims have offered as much as $10 million, similar to...
An offer by Sam Bankman-Fried’s FTX cryptocurrency exchange to give customers of bankrupt crypto lender Voyager Digital early access to their funds is really a “low-ball bid dressed up as a white knight rescue” that would cost them money in the long run, the firm’s...
South Korean prosecutors have raided the home of Daniel Shin, co-founder of Terraform Labs, as authorities there continue a probe into illegal activity behind the collapse of the TerraUSD stablecoin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
For months now, everybody’s been screaming that El Salvador’s bitcoin-as-currency experiment will bring the country’s economy down in ruins. 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...
A Citi analyst said on July 21 that the contagion from a depegged stablecoin spreading eight- and nine-figure losses through the crypto lending and exchange community appears to have run its course. Get the Full Story Complete the form to unlock this article and enjoy...
State and local political campaigns in California soon will be allowed to receive donations made with cryptocurrency. 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...
