Cryptocurrency

Cryptocurrency
BlockFi Says FTX and Three Arrows Don’t Deserve Repayment
August 23, 2023

Bankrupt cryptocurrency lender BlockFi said two other failed crypto firms aren’t entitled to its money. 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, PYMNTS Today....

Cryptocurrency
BIS: Crypto’s ‘Illusory’ Appeal Puts Emerging Economies at Risk
August 23, 2023

Have cryptocurrencies achieved their promise? A new Bank for International Settlements (BIS) report argued they haven’t. 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, PYMNTS...

Cryptocurrency
Binance.US Partners With MoonPay to Convert Dollars to Tether
August 22, 2023

To regain access to a steady flow of dollars, Binance.US, the American arm of the cryptocurrency exchange, has teamed up with MoonPay, a payment startup. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
Bankman-Fried Survives on ‘Bread and Water,’ Pleads ‘Not Guilty’ to $100 Million Fraud Charges
August 22, 2023

FTX founder Sam Bankman-Fried is reportedly surviving on “bread and water” in jail as he awaits trial. 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,...

Cryptocurrency
Coinbase Invests in Circle and Shutters Centre Consortium
August 22, 2023

Coinbase says it has taken an equity stake in fellow crypto company/USDC issuer Circle. 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, PYMNTS...

Cryptocurrency
Crypto Miners Repurposing Infrastructure to Meet Demand for AI
August 21, 2023

Crypto miners are reportedly diversifying into several areas, including artificial intelligence (AI).  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, PYMNTS Today. By...

Cryptocurrency
Crypto Market Exactly Protocol Targeted in $12 Million Hack
August 18, 2023

Crypto lender Exactly Protocol has suffered a hack, reportedly resulting in the loss of as much as $12 million. 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...

Cryptocurrency
Crypto Wallet Connected to Heist Has Collateral Liquidated
August 18, 2023

A cryptocurrency wallet connected to a heist of nearly $600 million worth of Binance Coin (BNB) in October reportedly had digital asset collateral totaling $63 million liquidated on crypto lending platform Venus Protocol. Get the Full Story Complete the form to unlock this article and enjoy...

Cryptocurrency
Crypto Market Sell-Off: Bitcoin Hits Two-Month Low
August 18, 2023

Bitcoin, the world’s most valuable cryptocurrency, experienced a significant drop below $26,000 on Thursday, marking its lowest level since June. This decline was part of a broader crypto market slump triggered by news that Elon Musk’s SpaceX had written down the value of its Bitcoin...