FTX

Payments Leaders Say Crypto is Ripe for Integration, Rebuilding
Payments Leaders Say Crypto is Ripe for Integration, Rebuilding
January 27, 2023  |  Cryptocurrency

It’s times like these, bear markets, when industries transform themselves around new realities. This is as top payment industry leaders surveyed by PYMNTS say that they see the...

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Moody’s Is Working on Scoring System for Crypto Stablecoins
Moody’s Is Working on Scoring System for Crypto Stablecoins
January 26, 2023  |  Cryptocurrency

Moody’s is reportedly developing a scoring system — though not a credit rating — for stablecoins. Bloomberg reported Thursday (Jan. 26) that Moody’s will analyze...

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Crypto’s New Congressional Subcommittee Aims for ‘Responsible Innovation’
Crypto’s New Congressional Subcommittee Aims for ‘Responsible Innovation’
January 26, 2023  |  Cryptocurrency

Cryptocurrency industry regulation in the post-FTX era has emerged as a pressing concern for the new Congress. It is no less pressing a concern for...

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FTX’s 116-Page Creditor List Includes Netflix and Apple
FTX’s 116-Page Creditor List Includes Netflix and Apple
January 26, 2023  |  Cryptocurrency

A newly released list of FTX’s creditors reveals the scope of the bankrupt cryptocurrency company’s collapse. The 116-page document, filed by the company late Wednesday...

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Crypto Noise Puts Further Focus on Binance’s Operations
Crypto Noise Puts Further Focus on Binance’s Operations
January 25, 2023  |  Cryptocurrency

Regulatory scrutiny post-FTX’s dramatic implosion has prompted a crisis of confidence in other industry actors. Perhaps no other firm has bee affected more so than...

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Report: BlockFi Had Undisclosed $1.2B Tie to FTX
Report: BlockFi Had Undisclosed $1.2B Tie to FTX
January 25, 2023  |  Cryptocurrency

Bankrupt crypto firm BlockFi reportedly had over $1.2 billion in assets tied to FTX. That means the digital asset lender’s exposure to FTX and its...

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Circle Blames SEC for Collapse of $9B SPAC
Circle Blames SEC for Collapse of $9B SPAC
January 25, 2023  |  Cryptocurrency

Stablecoin company Circle says the SEC is to blame for its failure to go public. The company told the Financial Times (FT) in an interview...

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Binance Changing Procedures to Keep Collateral and Customer Assets Separate
Binance Changing Procedures to Keep Collateral and Customer Assets Separate
January 24, 2023  |  Cryptocurrency

Binance reportedly mistakenly kept collateral for tokens in the same wallet as customer assets. Bloomberg reported Tuesday (Jan. 24) that reserves for about half of...

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NY Regulator Warns Firms to Keep Customer Crypto Assets Separated
NY Regulator Warns Firms to Keep Customer Crypto Assets Separated
January 23, 2023  |  Regulation

New York’s financial watchdog is cautioning firms to segregate customers’ cryptocurrency assets from their own. The New York State Department of Financial Services (NYDFS) issued that warning Monday (Jan....

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