Former Meta executive David Marcus — head of Facebook’s stablecoin Diem efforts — is launching a new cryptocurrency payments startup on the Lightning Network called Lightspark. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
FTX CEO Sam Bankman-Fried has reportedly taken a big position in brokerage app Robinhood, Coindesk wrote Thursday (May 12), citing a Securities and Exchange Commission (SEC) filing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
According to a top official at the Securities and Exchange Commission (SEC), there could be stricter rules imminent for crypto stablecoins, Reuters reported Thursday (May 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Bitcoin might drop more than it already has and could hit $15,000, according to a Thursday (May 12) report from Seeking Alpha that cited Stifel analysts Barry Bannister and Thomas Carroll. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Mark Cuban has looked at the state of the crypto industry and found it dull. 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,...
Coinbase will expand its Coinbase Pay to the bigger crypto ecosystem, letting Web3 developers and businesses integrate it, a blog from the company said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
U.S. Treasury Secretary Janet Yellen on Thursday (May 12) called for new regulations on stablecoins, citing the dramatic fall of the Terra token. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Bitcoin dropped below $26,500 Thursday morning (May 12), giving up all its 2021 gains in the wake of a market-wide collapse that saw nearly all the top 100 cryptocurrencies drop 20% to 35% overnight. Get the Full Story Complete the form to unlock this article...
On Thursday (May 12), Pablo Hernández de Cos, chair of the Basel Committee on Banking Supervision and governor of the Bank of Spain, warned that fast-paced developments in decentralized finance (DeFi) and crypto assets necessitate a proactive and forward-looking regulatory and supervisory approach. Get the...
