PayPal continues to refine its entrance into the cryptocurrency universe Crypto.com has partnered with PayPal and Paxos to become PayPal USD’s preferred platform. It’s another step for PayPal and its stablecoin project as it continues to advance deeper into the crypto space. Crypto.com currently has the world’s deepest liquidity for PYUSD trading pairs, according to
The cryptocurrency cross-chain protocol is the latest to become a victim of a cyberattack Decentralized cross-chain protocol Mixin Network sent a message to the hacker behind the $200 million breach on September 23, offering a $20-million bug bounty in exchange for returning the remaining funds. The Mixin Network message was encrypted with the exploiter transaction,
Police arrested him while he confronted a former business partner he says stole his Lambo Crypto influencer Ben “BitBoy” Armstrong was reportedly arrested on Monday evening outside the house of a former business partner, Carlos Diaz, while live streaming his attempt to confront him at his home after alleging that Diaz was in possession of
Another crypto exchange succumbs to the greed of a few criminals The leaders of the JPEX crypto exchange are still on the run, and Hong Kong police have enlisted Interpol’s help to locate the suspects. The masterminds behind the crypto exchange scandal, said by many to be the biggest financial fraud ever to hit Hong
Several lawmakers don’t want the Federal Reserve issuing digital currency The CBDC Anti-Surveillance State Act was passed by the House Financial Services Committee (HFSC) on Wednesday, preparing it for an upcoming vote on the House floor. The legislation authored by Congressman Tom Emmer seeks to ban the Federal Reserve from issuing individuals a Central Bank
The crypto firm will be able to transact in crypto, including offering prepaid cards Cryptocurrency payment gateway Alchemy Pay announced to Cointelegraph on September 20 that it’s extending its global presence after securing a Money Transmitter License in Arkansas. Alchemy Pay said through a spokesperson that the license issued on September 13 is the “very first” Money
The US SEC has roped in a fellow financial watchdog to support its efforts The Philippines Securities and Exchange Commission (SEC) has joined forces with its US counterpart and the Asian Development Bank to fight criminals who commit financial crimes, including cryptocurrency fraud. A recent press release revealed that the three agencies held an International
A lawsuit accuses the FTX founder’s parents of getting rich off his fraud Debtors of bankrupt cryptocurrency exchange FTX have begun legal action against founder Sam Bankman-Fried’s parents, alleging that Joseph Bankman was a “de facto officer” at FTX Group and that he and Barbara Fried were responsible for misappropriating millions of dollars through their
Senator Elizabeth Warren is leading the charge to improve crypto regulatory oversight Senator Elizabeth Warren’s Digital Asset Anti-Money Laundering Act has gained support from nine US Senators, according to a press release from her office. The statement published on Warren’s official senate webpage says Democratic Senators Bob Casey, Dick Durbin, Gary Peters, Tina Smith, Jeanne
The crypto platform is cutting off the service 10 months after announcing its removal Genesis Global Capital announced this past January that it was ending its crypto spot trading services without giving more details. The crypto lending firm will no longer offer spot and derivatives trading via its Genesis Global Capital (GGC) international arm in
Costa Rica’s SINPE system is now going to facilitate the purchase of crypto on the exchange Bull Bitcoin has partnered with Costa Rican flat payment system SINPE Movil and local crypto wallet solution Bitcoin Jungle. The Canada-based non-custodial Bitcoin-only exchange released a statement on September 14 saying that Costa Rican citizens and “foreigners” will be
The crypto company and exchange sees the Lightning Network as a big step forward Cryptocurrency exchange Coinbase has verified that it will begin integrating its layer-2 payment protocol Lightning Network as users look for cheaper and faster Bitcoin transactions. Coinbase created Lighting Network (LN) to help decipher Bitcoin’s scalability issues and to compete with other
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