Crypto hackers busted through the gates of 2022 mounting up record hauls of swiped assets, already closing in on last year’s tally. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
A European Central Bank (ECB) study found that retail central bank digital currencies (rCBDCs), which would be used for everyday retail transactions, will see difficulties in terms of being accepted, with more research needed to see whatever undesirable side effects may happen. Get the Full...
Recent volatility in cryptocurrency markets has put a spotlight on some potential risks for banks, the Federal Reserve’s Michael S. Barr said in a speech Wednesday (Oct. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A crypto fraudster took off with an estimated $100 million after manipulating the token price of Mango using two accounts funded with the stablecoin USD Coin on the decentralized finance (DeFi) platform Solana. Get the Full Story Complete the form to unlock this article and...
Ripple has announced its first On-Demand Liquidity (ODL) customer in France as it teams with Parisian payment provider Lemonway, a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The biggest bank in the country and the first of the larger financial institutions in the U.S. is now accepting cryptocurrency deposits for bitcoin and ether from select investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Months of turbulence in the cryptocurrency industry have made it clear that financial regulators must be cautious about how they allow crypto and the traditional finance system to interact, Acting Comptroller of the Currency Michael J. Hsu said Tuesday (Oct. 11). Get the Full Story...
Bank of New York Mellon announced that it is offering cryptocurrency custody services for clients, bringing digital assets into the fold alongside the trillions of dollars of traditional assets it warehouses for the country’s biggest money managers. Get the Full Story Complete the form to...
Payments platform Wirex now supports the USD Coin (USDC) on the Stellar blockchain within the Wirex app and lets users save or spend USDC in real life. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
