Cryptocurrency

Cryptocurrency
Beanstalk’s Dollar Peg Collapses After $180M Hack, Highlighting Regulators’ Fears
April 18, 2022

At 8:19 a.m. on Sunday (April 17) the BEAN stablecoin was $1.01, well within the norm for its dollar peg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cryptocurrency
PYMNTS Data: 23% of Americans Owned Crypto in 2021 as Processors Stepped up Support
April 18, 2022

As the percentage of Americans who own or have owned cryptocurrency in the past year closes in on the 25% mark, it’s becoming clear that the digital assets industry has reached solidly into the mainstream. Get the Full Story Complete the form to unlock this...

Cryptocurrency
New Data Shows Nearly 80% of Crypto Consumers Use Bitcoin to Pay Online and In-Store
April 18, 2022

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 to receive marketing communications from PYMNTS and...

Cryptocurrency
Beanstalk Stablecoin Protocol Hacked for at Least $76M
April 17, 2022

Beanstalk, an Ethereum decentralized finance (DeFi) protocol, has been hit with a hack and lost $76 million, a report said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cryptocurrency
Today in Crypto: Wallet Linked to North Korea Continues Laundering Ronin Theft; Crypto Companies Optimistic...
April 17, 2022

XRP and dogecoin have added more than 6% each in the last day, with catalysts driving both despite a weakening market, CoinDesk wrote. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
Barking Mad? Robinhood CEO Sees Dogecoin as ‘Future Currency of the Internet’
April 15, 2022

Robinhood CEO Vlad Tenev has asked a question on very few peoples’ minds: Can dogecoin “truly be the future currency of the internet and the people” that bitcoin was intended to be? Get the Full Story Complete the form to unlock this article and enjoy...

Cryptocurrency
Ethereum Gets Closer to an Eco-Friendlier Version 2.0, but Next-Gen Scalability Still Delayed
April 15, 2022

No. 2 blockchain Ethereum took a big step toward its greener future this week with the launch of a “shadow” version of the forthcoming Ethereum 2.0. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
North Korea Hack Nets $625M on Heels of Crypto Developer Sentencing
April 14, 2022

Less than two days after a well-known crypto developer was sentenced to more than five years in prison for teaching North Korean crypto conference attendees how to avoid sanctions, the U.S. government revealed that the rogue nation was behind a $625 million hack on a...

Cryptocurrency
Today in Crypto: Lightning Network Payments Volume Increases 400% in Year; Crypto Sector Critical of...
April 14, 2022

In a new report, information on how the Lightning Network has grown in popularity highlights how some people need to transfer digital assets globally, Cointelgraph wrote Wednesday (April 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...