Well, crypto got hacked again. This time it was the exchange BitMart, which announced a hack of at least $150 million on the evening of Saturday, Dec. 4. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Despite the availability of new payment options, many financial institutions (FIs) lag the marketplace interest in cross-border payments innovations, especially when it comes to providing B2B clients with access to cryptocurrency tools. Get the Full Story Complete the form to unlock this article and enjoy...
The blockchain company BadgerDAO has a message for whoever stole $119 million in cryptocurrency from its platform: Please give it back. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Big flash crashes in bitcoin are nothing new, but this weekend’s trip below $42,300 highlighted what seems to be a growing trend in the first and biggest cryptocurrency’s day-to-day price fluctuations: it’s following the broader market’s reaction to world events. Get the Full Story Complete...
Last month, a hastily formed group calling itself ConstitutionDAO threw together a fundraising scheme to buy a rare copy of the U.S. Constitution at auction, raising $48 million in just a few days. Get the Full Story Complete the form to unlock this article and...
Billionaire investor and Berkshire Hathaway vice chairman Charlie Munger on Friday (Dec. 3) said at the Sohn Hearts & Minds Investment Conference in Sydney that China “made the correct decision” to ban most cryptocurrency-related activity. Get the Full Story Complete the form to unlock this...
Treasury Secretary Janet Yellen says she doesn’t know whether or not the Federal Reserve should make a digital version of the dollar, Reuters reported Thursday (Dec. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
This summer, UNICEF invested Ether in eight startups aiming to use cryptocurrency and blockchain technology to further its goal of increasing financial inclusion of some of the poorest people in the world. Get the Full Story Complete the form to unlock this article and enjoy...
Having been hailed as the first crypto-friendly senator, Wyoming’s Cynthia Lummis lived up to that role on Dec. 1, asking her Republican colleagues to block the renominations of Federal Reserve Chairman Jerome Powell and Fed Governor Lael Brainard, accusing the central bank of “violating the...
