Top cryptocurrency exchange Coinbase’s stock is crumbling faster than bitcoin as crypto winter hits the one-time Wall Street darling. 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...
The NFL’s 2000 championship game was named the “Dot-Com Super Bowl” when some 20 of its hugely expensive ads were bought up by tech companies — several of which were defunct by the time the game aired — that didn’t survive the 2001 crash. Get...
Coinbase will cut 18% of its full-time positions as the cryptocurrency exchange is faced with a precipitous drop in both its stock price and the digital currencies it monitors, according to a CNBC report Tuesday (June 14) that cites an email sent to employees. Get...
About $1 billion guaranteed by some 260,000 market investors was liquidated due to margin calls in the past 24 hours, according to data from CoinGlass, the Wall Street Journal reported on Tuesday (Jan. 14). Get the Full Story Complete the form to unlock this article...
The lower house of Russia’s parliament is considering legislation that would bar crypto platforms from hosting purchases with crypto assets, Bitcoin.com reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
An investor in the doomed Terra blockchain ecosystem filed a federal lawsuit seeking class action status and naming, among defendants, Binance.US, Bloomberg reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
MicroStrategy Inc.’s purchase of nearly 130,000 bitcoins at a cost of about $3.97 billion over the past two years is taking a toll on the software firm’s balance sheet as the value of bitcoin has plummeted, Bloomberg reports. Get the Full Story Complete the form...
With most major cryptocurrencies down 15% to 20% over the past 24 hours and the idea that bitcoin is a hedge against inflation on par with gold relegated to the dustbin of crypto hype history, it’s time to ask if the glory days of decentralized...
A pair of stablecoins broke the buck over the last 24 hours as inflation-fueled economic worries fueled a broader crypto market collapse that saw bitcoin fall below $24,000. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
