Cryptocurrency

Cryptocurrency
US Lawmaker Asks GAO for Data on Crypto Investments in 401(k) Plans
June 15, 2022

A Massachusetts congressman wants the Government Accountability Office to investigate the risks of allowing cryptocurrency investments through retirement accounts. 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...

Cryptocurrency
Binance’s Top Investigator Says Reports of Crypto’s Demise Greatly Exaggerated
June 15, 2022

If there’s one theme that pops up over and over when talking to Tigran Gambaryan, who took over blockchain intelligence and investigations for top crypto exchange Binance last year after a decade of chasing crypto criminals for the Internal Revenue Service, it’s the more things...

Cryptocurrency
Today in Crypto: Bitcoin ETFs Decline up to 70%; Forum Questions Blockchain’s Usefulness
June 15, 2022

Cryptocurrency exchange-traded funds (ETFs) that track Bitcoin through managed future contracts were trading all-time lows Wednesday (June 15) in the wake of a severe downturn in the crypto market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
Collectibles Marketplace Dibbs Brings USDC to Its Platform
June 15, 2022

Dibbs, a blockchain-powered collectibles marketplace, announced Wednesday (June 15) it had integrated with Circle to let customers make payments using USD Coin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cryptocurrency
JPMorgan, Goldman Dive Deeper Into Crypto, DeFi Amid Market Turmoil
June 15, 2022

Two major Wall Street banks revealed moves into cryptocurrency derivatives and decentralized finance (DeFi) over the weekend that could be seen as a vote of confidence just when the crypto industry needs one most. Get the Full Story Complete the form to unlock this article...

Cryptocurrency
UK Wants Crypto Companies, Not Criminals, Digital Minister Says
June 15, 2022

The U.K.’s digital minister is stressing his government’s wish to make the country a worldwide hub for cryptocurrency activity, even as he expressed caution about illegal activity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency
Binance to Hire 2,000 Amid Wave of Crypto Layoffs
June 15, 2022

While other cryptocurrency companies are cutting staff, crypto exchange Binance said Wednesday (June 15) it was hiring for 2,000 positions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cryptocurrency
Is Tether Stablecoin Due for $80B Day of Reckoning?
June 15, 2022

Tether’s day of reckoning could be approaching, and if the top stablecoin issuer cannot calm years-long doubts about the state of the cash reserves backing its dollar peg, an $80 billion run could be coming. Get the Full Story Complete the form to unlock this...

Cryptocurrency
Crypto Crisis Evokes 1998 Hedge Fund Crash that Crippled Market
June 15, 2022

When a top investor with a deep hedge fund background says the tumbling cryptocurrency market is starting to feel “a little bit like a Long Term Capital Management moment in crypto,” you know there’s the potential for a rout to turn into a panic. Get...