The implosion of crypto lender Voyager Digital — which filed for bankruptcy protection on Wednesday (July 6) — begs the question as to when, or even whether, cryptocurrency truly will have a place within commerce. Get the Full Story Complete the form to unlock this...
Cryptocurrency infrastructure provider Wyre has integrated with digital payments platform MoneyGram’s global on- and off-ramp service for digital wallets that debuted last month on the Stellar Network, according to a Wednesday (July 6) press release. Get the Full Story Complete the form to unlock this...
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A $500 million line of credit couldn’t save crypto brokerage Voyager Digital from bankruptcy. 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...
Crypto lender Voyager filed for Chapter 11 bankruptcy protection a week after halting withdrawals and two weeks after getting a $485 million bailout from FTX founder Sam Bankman-Fried’s firm Alameda Research. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Nexo, the cryptocurrency lender, said it plans to buy troubled fellow lender Vauld, showing how a consolidated crypto industry might look, Reuters wrote Tuesday (July 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Giving Salvadoran President Nayib Bukele the courage of his convictions, bitcoin’s collapse below $20,000 from its November high of nearly $70,000 hasn’t dimmed his enthusiasm one bit. Bukele announced on Twitter on June 30 that the country had bought another 80 bitcoins at $19,000 each,...
FinTech platform FIS and cryptocurrency tax and accounting service Ledgible have joined forces on a partnership the companies said is designed to “bridge the gap between crypto and traditional finance.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Sam Bankman-Fried’s stated goal of stopping a few insolvent crypto lenders from cascading into a failed string of dominoes is starting to look a lot more like bargain hunting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
