The majority of nonfungible token (NFT) purchases in the first 10 months of 2021 have been valued at less than $10,000, categorizing them as “retail” in nature, according to a Monday (Dec. 6) report from Chainalysis. Get the Full Story Complete the form to unlock...
In the great debate over cryptocurrencies — what they should be used for, whether they have a place in everyday commerce — there seems to be at least some consensus forming: Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Decentralized finance’s decentralization is an “illusion” according to a new report from the Bank for International Settlements. 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...
The central bank in Zimbabwe will be looking into a digital currency as opposed to letting cryptocurrencies become legal tender, Bloomberg said Monday (Dec. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Over the past year, Africa has been widely reported as the next crypto frontier, helped by an under-developed infrastructure and a heavily fragmented digital payments ecosystem, making it a strong vector for virtual currencies and crypto-based remittance payments. Get the Full Story Complete the form...
Bitcoin and other cryptocurrency prices continued seesawing on Sunday (Dec. 5), with overall values near all-time lows and the world’s most popular eCurrency — bitcoin — holding below $50,000. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Marriott Bonvoy, the travel program from the popular hotel chain, has worked with digital artists to make a set of NFTs, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Gary Gensler, SEC chair, says bitcoin exchange-traded funds could be ripe for manipulation and fraud, a Bloomberg report says. 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...
Bitcoin lost over 17 percent overnight from Friday (Dec. 3) to Saturday morning, plunging to a low near $42,000 and inching back to $49,000 around midday EST. The decline was even more dramatic for some offshore platforms, where bitcoin dipped as low as $28,800. Get...
