As bitcoin collapsed over the weekend, dropping nearly 14% in just 24 hours to below $24,000 in the morning Monday (June 13), it’s impossible to say that it is doing anything but reacting to the stock market. Get the Full Story Complete the form to...
Bitcoin has lost more than 10% of its value in the past 24 hours, dropping to its lowest level since December 2020 at less than $24,500 early Monday morning (June 13), part of a $150 million selloff of cryptocurrency that is also seeing investors walk...
Bitcoin and ether have pared losses after they fell on Sunday (June 12), as a bigger retreat was happening in reaction to the 40-year-record inflation, a Bloomberg report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The number of Canadians owning crypto assets is growing fast, requiring regulation, especially as people might not understant the risks of investing in things like bitcoin, a Bank of Canada official told Reuters. Get the Full Story Complete the form to unlock this article and...
Kenyan and Nigerian central bankers have said central bank digital currencies (CBDCs) could solve the risks cryptocurrencies have for financial stability, Reuters wrote Saturday (June 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Abra, the digital asset financial services company, has announced a new crypto rewards card to transact in U.S. dollars, offering crypto back, a press release said Friday (June 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The decision of whether to pay ransomware hackers to release encrypted information got tougher in March when President Joe Biden signed into law that “strongly advises” companies to report ransomware attacks to the Department of Homeland Security. Get the Full Story Complete the form to...
In late May, venture capital (VC) giant Andresseen Horowitz raised $4.5 billion for a new fund to invest in crypto startups, almost a third more than in all of its three previous rounds. Binance Labs, the investment arm of the top global cryptocurrency exchange Binance,...
Coinbase will invest in Southeast Asian crypto exchange Zipmex rather than fully buying it, The Block Crypto reported Thursday (June 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
