Another unbacked stablecoin collapsed this weekend, this time after a hacker was able to mint a staggering $1.28 billion worth of the dollar-pegged token. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Salvadoran President Nayib Bukele added his voice to the bragging ministers after the United Nations World Tourism Organization’s (WTO) Aug. 1 World Tourism Barometer report placed El Salvador as one of only 16 countries that have seen their international tourism receipts fully recovered to pre-pandemic...
Welcome to “The Merchants Guide to Accepting Crypto: The Questions to Ask,” a new PYMNTS series aimed at helping merchants big and small, online and in-store, who want to accept crypto payments figure out what they need to know to move ahead. Get the Full...
India’s Enforcement Directorate, which works on probing financial crimes, announced Friday (Aug. 12) that it has frozen assets worth around 3.7 billion rupees ($46.4 million) from crypto exchange Vauld. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Brazilian cryptocurrency investment platform BlueBenx has become the latest crypto company to suspend withdrawals, citing an alleged hack that cost the company over $31 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The arrest of a Tornado Cash developer in the Netherlands just days after U.S. authorities blacklisted the crypto mixing service for its alleged use by North Korean hackers could have a profound impact on all of decentralized finance. Get the Full Story Complete the form...
The number of merchants who accept cryptocurrency payments in some form is high, but far and away the most common source of those payments are digital wallets like PayPal and Venmo. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Digital asset platform Anchorage Digital and digital asset venture capital firm AngelList have partnered to enable investors to invest with USDC stablecoin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
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