Cryptocurrency

Cryptocurrency
Coinbase Cuts 60 in Recruiting and Onboarding Teams
November 10, 2022

After making job cuts that totaled 18% of its full-time workforce in June, cryptocurrency exchange Coinbase has announced another 60 layoffs.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cryptocurrency
Cracks Appear in Regulation as EU Delays MiCA
November 10, 2022

What a difference a week makes. 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 completing this form, you agree to...

Cryptocurrency
FTX Searching for $9.4 Billion Investment to Avoid Bankruptcy
November 10, 2022

In the wake of the collapse of Binance’s buyout of crypto trading competitor FTX, FTX’s CEO Sam Bankman-Fried has begun the search for new major investments to save the company from bankruptcy. Get the Full Story Complete the form to unlock this article and enjoy...

Cryptocurrency
Crypto Execs Call For Clearer Regulations in Wake of FTX Collapse
November 10, 2022

The heads of three high-profile cryptocurrency companies say the U.S. lacks a clear set of regulations for their industry, which is why most trading happens offshore. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
SEC’s Gensler Puts Exchanges in Crosshairs Amid Crypto’s Ongoing Upheaval
November 10, 2022

Insolvency looms for FTX. Cryptocurrencies are plummeting. 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 completing this form, you agree...

Cryptocurrency
Report: FTX Used Customer Funds to Prop up Alameda Research
November 10, 2022

In a bid to prop up his trading firm Alameda Research, Sam Bankman-Fried reportedly loaned the firm billions of dollars from his FTX platform, including more than $8 billion in customer funds, a move that apparently set in motion FTX’s collapse. Get the Full Story...

Cryptocurrency
Crypto-Linked Equities Lose $10B in Value as Market Plummets
November 09, 2022

In the wake of recent news around cryptocurrency exchange FTX, not only has the crypto industry’s image taken a hit, but crypto-linked equities have reportedly lost $10 billion in value.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cryptocurrency
FTX Deal Collapse Shines Light on Shaky Crypto Ecosystem
November 09, 2022

Binance seemingly smelled blood in the water in its move to snap up its key, struggling rival, FTX. 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...

Cryptocurrency
Report: SEC and CFTC Investigating Crypto Exchanges FTX and FTX US
November 09, 2022

The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are reportedly investigating the FTX cryptocurrency exchange companies on a number of fronts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...