Cryptocurrency

Cryptocurrency
Crypto Crisis Continues as FTX-Backed BlockFi Files for Bankruptcy
November 28, 2022

The industry-rattling turn of events surrounding FTX’s implosion has claimed another victim. 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
Sen. Lummis: FTX Collapse Should Speed Consideration of Crypto Bill
November 28, 2022

U.S. Sen. Cynthia Lummis said the fall of FTX should speed consideration of a bill on regulating cryptocurrencies. Lummis introduced the bill to the legislature with Sen. Kirsten Gillibrand in June. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
Binance Riles Jittery Crypto Investors With Unannounced $2B Withdrawal
November 28, 2022

Eagle-eyed crypto watchers were surprised to see over $2B of bitcoin suddenly withdrawn from Binance Monday morning (Nov. 28). 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...

Cryptocurrency
CFTC Met With FTX About Changing Rules but Made No Decision 
November 28, 2022

Officials of the U.S. Commodity Futures Trading Commission (CFTC) reportedly met with FTX staff before the crypto exchange’s bankruptcy to discuss changes to financial market structure rules but hadn’t made a decision.  Get the Full Story Complete the form to unlock this article and enjoy...

Cryptocurrency
FTX Fallout Continues With BlockFi Bankruptcy
November 28, 2022

Digital asset lender BlockFi says it will seek bankruptcy protection, the latest casualty of the multi-billion-dollar collapse of cryptocurrency platform FTX. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cryptocurrency
UK Police See $1.5B Crypto Fraud ‘Epidemic’
November 28, 2022

Cryptocurrency fraud rose by 32% in the U.K. over the last year, part of a larger fraud “epidemic” that began during the pandemic as people moved their financial activity online. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cryptocurrency
Bahamas AG: FTX Under ‘Active’ Investigation
November 28, 2022

Fallen cryptocurrency exchange FTX remains under “active investigation” in its home country of the Bahamas, the island nation’s chief prosecutor said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cryptocurrency
Crypto Lender Matrixport Raises Valuation to $1.5B Despite FTX Collapse
November 27, 2022

Asian cryptocurrency unicorn Matrixport Technologies is seeking $100 million in funding despite its presence in a digital asset market still feeling the shockwaves of FTX’s collapse. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
Turkey Investigates Sam Bankman-Fried, Seeks Seizure of ‘Suspicious’ FTX Assets
November 27, 2022

Add Turkey to the list of countries investigating Sam Bankman-Fried — or SBF — founder of the failed cryptocurrency platform FTX. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...