February 11, 2024
NY AG Alleges $3 Billion Fraud in Updated Crypto Scam...
New York has expanded what had been a $1 billion lawsuit against three cryptocurrency companies. Now, Attorney General Letitia James is alleging that the fraud scheme carried out by Digital Currency Group (DCG), its Genesis...
February 07, 2024
‘Cryptofinance’ Might Be Replacing ‘Cryptocurrency,’ but Bitcoin Is Still Unreliable
Compared to the events of 2023, the cryptocurrency sector in 2024 could be considered relatively boring. U.S. regulators at the start of the year approved bitcoin exchange-traded funds (ETFs), and...
February 05, 2024
Cybera and Chainalysis Partner to Help Organizations Prevent Financial Cybercrime
Cybera, a provider of advanced reporting and prevention tools, has launched a strategic integration with Chainalysis, a blockchain data platform, to equip government agencies and compliance teams with enhanced insights to...
February 04, 2024
Large-Scale Crypto Mining Consumes 2% of US Electricity
How much energy does cryptocurrency mining consume in the U.S.? A recent analysis by the Energy Information Agency (EIA) estimates that large-scale cryptocurrency operations consume more than 2% of the country’s...
February 01, 2024
Bitpay Climbs Two Spots in PYMNTS Provider Ranking of Crypto...
If you’re looking for a place to store your crypto, PYMNTS’ Provider Ranking of Cryptocurrency Wallets can help. Each month, PYMNTS uses metrics such as number of downloads, active users...
January 31, 2024
Tether Says USDT Market Cap Climbs Toward $100 Billion
Tether, issuer of USDT stablecoin, says its flagship digital asset is worth nearly $100 billion. The company on Wednesday (Jan. 31) released earnings showing that it saw a “record-breaking” $2.85 billion...
January 31, 2024
Huobi and OKEx Gain Most Points in Provider Ranking of...
In the world of digital money, cryptocurrency can get a little confusing. If you need help navigating bitcoin, PYMNTS can guide the way via the Provider Ranking of Cryptocurrency Apps....
January 30, 2024
Report: Block Aims to Reduce Workforce to 12,000 This Year
Block is reportedly cutting jobs as part of its previously announced effort to limit the size of its workforce to 12,000 employees. The company announced that goal in November during an...
January 29, 2024
EU Regulator Proposes New Rules For Foreign Crypto Firms
A European regulator has proposed new rules for cryptocurrency companies headquartered outside of the bloc. The European Securities and Markets Authority (ESMA) introduced regulations Monday (Jan. 29) that would place limits on those...
