(source: en.wikipedia.org)
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...
A federal jury has convicted the founder of cryptocurrency company My Big Coin of cheating investors out of more than $6 million by selling them a phony virtual currency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Crypto-trading platform FTX and crypto-trading platform Bithumb are in advanced discussions that could lead to FTX buying the South Korean company, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
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China’s Tencent Holdings is preparing to close down its year-old non-fungible token (NFT) platform, an apparent victim of a government ban on secondary digital collectible markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
