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...
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...
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...
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...
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...
Puerto Rico’s FV Bank has launched digital asset custody and settlement services for clients around the world, becoming the first bank in the commonwealth to do so. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Cryptocurrency prices continue to slide amid uncertainty about a deal between two of the industry’s largest exchanges. 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...
Digital asset and blockchain firm Galaxy Digital has an exposure of about $76.8 million of cash and digital assets to cryptocurrency exchange FTX and is in the process of withdrawing $47.5 million, the company announced Wednesday (Nov. 9) in a quarterly earnings press release issued...
Whether you’re talking about remittances sent home by migrant workers or other larger sums moving from one country to another, cross-border payments are the part of finance that crypto companies believe they can most easily and effectively disrupt. Get the Full Story Complete the form...
