DeFi staking protocol Compound accidentally doled out about $90.1 million during a recent upgrade, according to a CNBC report Friday (Oct. 1), and founder Robert Leshner is now pushing those who grabbed the unintended windfall to return the cryptocurrency tokens that don’t belong to them. ...
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Cryptocurrency platforms that attract investors with the hope of returns will be subjected to regulations, Security and Exchanges Commission Chair Gary Gensler said at the Future of Asset Management North America conference hosted by Financial Times. Get the Full Story Complete the form to unlock...
Jerome Powell, Federal Reserve chair, has clarified previous comments about cryptocurrency, saying he doesn’t want to ban the digital currency, a Bloomberg video says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
In the push toward cryptocurrency regulations, a fragmented approach still reigns. Depending on where you look, there are outright bans (in China), while other nations, such as the United States, are in the midst of developing crypto frameworks. Get the Full Story Complete the form...
A U.S. senator said she thinks stablecoins should be backed by cash and might need to be issued by banks, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Affirm, which works in the buy now, pay later (BNPL) field, will be joining the bitcoin space, CNBC reported. 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...
A pair of U.S. senators, Maggie Hassan (D-N.H.) and Joni Ernst (R-Iowa), proposed new legislation on Monday (Sept. 27) that would require the Treasury Department and other agencies to track cryptocurrency mining and global use cases, according to a Coindesk report Tuesday (Sept. 28). Get...
From in-person retail to digital options, the decade-long shift in how consumers send money abroad has expanded possibilities for cross-border remittances, and people are now favoring cheaper options that allow them to transfer funds easily, securely and conveniently across borders. Get the Full Story Complete...
