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You Searched For "crypto payments" 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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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…

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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…

Joshua Nelken-Zitser   


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5 mins read

Fervent Bitcoin trading approaches fresh supply crunch; Here’s what this week’s ‘halving’ event implies

Bitcoin's recent surge to record-breaking highs has left many scratching their heads in awe. Within…

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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   


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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   


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2 mins read

'Pig-butchering' scams have netted criminals $75 billion in stolen crypto, study says

Pig-butchering scams involve sending a wrong-number text and then building trust with a victim, who…

Yuheng Zhan   


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G20 to take call on crypto assets, says Nirmala Sitharaman

Amid speculations on regulation or outright banning of crypto assets, Finance Minister Nirmala Sith…

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2 mins read

A top ECB official is urging a global crackdown on the crypto market to prevent a 'lawless frenzy'

Fabio Panetta said the unregulated crypto market posed a risk to financial stability and policymake…

Hamza Fareed Malik