Coinbase is bleeding customers so quickly that it has collapsed out of the top 10 global cryptocurrency exchanges, dropping from fourth to 14th in just eight months. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
When TerraUSD or UST, an algorithmic stablecoin that was supposed to be pegged to the dollar, collapsed in May, it sent shockwaves across the crypto market, impacting economies and wiping out trillions of dollars in the valuation of bitcoin and other digital coins. Get the...
Circle has said it wants to add more transparency to its operations, and has begun to share mint and burn data for its USD Coin stablecoin, a company post said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The largest private bank in Brazil, Itaú Unibanco, has announced plans to roll out a new asset tokenization platform, which will turn regular finance products into tokens. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Securities and Exchange Commission (SEC) Chairman Gary Gensler did not, in fact, offer to exempt cryptocurrency exchanges, lenders and broker dealers from securities laws. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
When Celsius Network became the second crypto lender to enter bankruptcy Wednesday (July 13) it looked from the surface like the last of the big dominoes set up by the $48 billion collapse of a poorly designed stablecoin had fallen. Get the Full Story Complete...
The NFT market is flatlining, the DeFi lending market has seen some big bankruptcies, and bitcoin has been dipping under $20,000 regularly for a month. Perfect time to start a buy now, pay later (BNPL) lending market for non-fungible token (NFT) collectibles. Get the Full...
Celsius Network, the embattled crypto lender, filed for Chapter 11 bankruptcy Wednesday (July 13) a month after it had frozen customer accounts, according to the company blog. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The California Department of Financial Protection and Innovation (DFPI), which looks into operations of state-licensed financial institutions, will be investigating whether crypto-asset companies that suspended withdrawals and transfers have broken the law. Get the Full Story Complete the form to unlock this article and enjoy...
