Crypto scams have remained a booming industry for scammers who exploit the hype, anonymity and global reach of digital currencies. But with crypto thefts and scams soaring up 53% into the billions last year, law enforcement has sharpened its focus on the historically opaque sector...
Payments protocol Aeon will integrate the Tron network as its underlying cryptocurrency payment infrastructure. The partnership “opens new opportunities for seamless crypto payment across the TRON ecosystem,” Aeon said in a news release Monday (Oct. 14). The integration will let decentralized applications (dApps) on Tron accept crypto payments through Aeon, simplifying...
In the first 24 hours of allowing its merchants to accept stablecoin payments for online transactions on its platform, Stripe reportedly saw that customers from more than 70 countries made purchases with that form of payment. Stripe authorized its merchants in the United States to...
Digital asset infrastructure firm Ripple has introduced new features and functionalities for its custody solution. “Custody is a key entry point into the digital asset economy, and it’s only growing,” Ripple said in a Thursday (Oct. 10) press release. The company notes that the amount of crypto assets...
Eighteen companies and individuals are facing charges related to alleged fraud and manipulation in cryptocurrency markets. The charges, which were unsealed in Boston, concern the leaders of four cryptocurrency companies, four cryptocurrency financial services firms known as “market makers” and employees of those firms, the...
Calling it a “misguided” federal agency, Crypto.com has sued the Securities and Exchange Commission (SEC). The suit, filed Tuesday (Oct. 8), came after the cryptocurrency company received a Wells notice from the commission (SEC), typically seen as a sign of pending enforcement action. “While this...
Coinbase is preparing to delist stablecoins that don’t adhere to European regulations by year’s end. The move, as reported Friday (Oct. 4) by Bloomberg News, comes as the European Union’s Markets in Crypto-Assets Regulation (MiCA) is introducing tougher oversight of cryptocurrency companies. “Given our commitment...
PayPal has reportedly completed its first business payment with its in-house stablecoin. This was done to show how digital currencies could be used to improve upon what are often muddled commercial transactions, Bloomberg News reported Thursday (Oct. 3), citing interviews with company officials. The payment — PayPal did...
Robinhood is offering cryptocurrency transfers to European customers amid regulatory pressure in the United States. The service, “one of the most requested features in the region,” allows customers to deposit and withdraw more than 20 cryptocurrencies, including bitcoin, Ethereum and USD Coin, according to a...
