You Searched For "crypto as payment" and got 20 results
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2 mins read
Russia is turning to crypto as sanctions snarl payments, report says
Russia could start cryptocurrency exchange trails as soon as next month, in order to solve payment …
Filip De Mott
1 min read
The US and the UK are reportedly looking into $20 billion of crypto payments that may have helped Moscow evade sanctions
Authorities are looking into $20 billion worth of transactions on a Russian crypto exchange, Bloomb…
Yuheng Zhan
3 mins read
Sanctions-hit Russia is rushing to set up payment systems, including crypto, to make trading easier
Russia is facing so many issues with its international trade payments that it's shifting its previo…
Huileng Tan
1 min read
Binance CEO calls Trump's election victory a 'big win for crypto' as bitcoin hits a new high
The price of bitcoin has risen over $80,000 for the first time following the president-elect's win …
Nora Redmond,Theron Mohamed
1 min read
Cyber gangs got away with a record $1.1 billion in crypto ransom payments in 2023
The rise of "ransomware as a service" means less tech skill is required to carry out an attack, Cha…
Yuheng Zhan
2 mins read
A crypto trading platform that recruited users through prayer circles was a pyramid scheme that made $1 billion for its 'Reverand CEO,' lawsuit says
NovaTechFx, once one of the fastest-growing financial platforms, now faces a lawsuit that says it s…
Kenneth Niemeyer
2 mins read
Bitcoin trader loses almost $70 million after sending crypto to wrong online account address
A bitcoin trader lost nearly $70 million after criminals tricked them into sending crypto to a fake…
Kenneth Niemeyer
2 mins read
Americans are losing more money to crypto scams than ever
Americans lost $5.6 billion to cryptocurrency scams in 2023, a 45% increase, the FBI said.
Kenneth Niemeyer
1 min read
A Russian company is bartering chickpeas for Pakistani rice as sanctions stop payments
A Russian company will reportedly barter with Pakistan as the Kremlin struggles to make payments ac…
Kelly Cloonan
2 mins read
A short seller says it's buying bitcoin and betting against MicroStrategy because the stock trades at an 'unjustifiable' premium over the crypto itself
"MicroStrategy shareholders are now paying $177,000 per bitcoin when they could instead gain exposu…
Matthew Fox
1 min read
Crypto currencies have no underlying value, says RBI official
Crypto currencies cannot be referred to as "currencies" as they have no underlying value, a central…
PTI
5 mins read
Countries from Russia to China are building payments systems that could threaten the dollar's global dominance
Cryptocurrencies, SWIFT alternatives, and even the barter system could reshape global payments amid…
Huileng Tan
2 mins read
Russian businesses are locked out of billions as payment issues reportedly pile up abroad
Russia's foreign financial assets grew $45 billion this year, a sign payment delays are piling up a…
Jennifer Sor
2 mins read
Nearly all Chinese banks are refusing to process payments from Russia, report says
Almost all Chinese banks — even small regional ones — are now refusing to accept direct transaction…
Huileng Tan
2 mins read
G20 to take call on crypto assets, says Nirmala Sitharaman
Amid speculations on regulation or outright banning of crypto assets, Finance Minister Nirmala Sith…
5 mins read
I quit my director job at Goldman Sachs to start my own company. There's always a cap if you're an employee.
A trader at Goldman Sachs quit to start a crypto company during the crash. He said a slump is the b…
Lauren Crosby Medlicott
2 mins read
With no access to crypto, disgraced FTX founder Sam Bankman-Fried is now trading fish to pay for services in prison
Sam Bankman-Fried is now using mackerel fish as a means of exchange with other prisoners.
Laila Maidan
2 mins read
Some Chinese banks are so fearful of sanctions that they're returning payments for goods that have reached Russia, report says
The US Treasury and State Department recently announced fresh restrictions against 400 people and e…
Huileng Tan
6 mins read
Bitcoin’s bizarre hike renewed enthusiasm last quarter! What does the future hold for investors?
In the ever-evolving landscape of finance, few phenomena have captured the imagination and attentio…
2 mins read
Trump once said crypto was a scam. Disclosures show he now owns more than $1M of it.
Trump's financial disclosure reveals over $1 million in Ethereum, marking a shift from his previous…