Survey shows 85% of merchants use crypto payments as a way to reach new customers
As businesses innovate and accept crypto payments, merchants and companies alike have seen this as an avenue to attract more customers. In an effort to better understand the trends around participant expectations for digital currencies and their impact on payments and businesses, data platform PYMNTS worked with Bitpay to survey merchants on crypto payments. According […]
Korea and US concur to exchange Terra-LUNA inquiry data
The two countries have agreed to exchange information on their ongoing investigations into crypto-related cases, including Terra-LUNA. Han Dong-hoon, the justice minister for South Korea, recently visited New York to examine various ways that the two countries may cooperate on investigations into financial crimes, particularly those involving cryptocurrencies. On Tuesday, according to a local daily, […]
WazirX report: crypto tax discourages 83% of Indian crypto traders
In the midst of a merciless bear market, it appears that the majority of Indian crypto traders have chosen to hibernate with two consecutive taxes poised to nibble away at their holdings. India is a case study for the effects that anti-crypto policies might have on a booming economy. A research from WazirX demonstrates a […]
Cryptocurrency-stealing malware PennyWise spreads via YouTube
The malware scans your chat logs, steals your browser extension and login information, and targets Zcash and Ethereum wallets in addition to Electrum, Atomic Wallet, and Coinomi. A new type of cryptocurrency malware is spreading through YouTube, luring users into downloading programs that are intended to steal data from 30 different cryptocurrency wallets and browser […]
Coinbase blames macroeconomic factors for crypto crash
Two-thirds of the crypto market meltdown can be ascribed to macroeconomic causes, according to a recent study by Coinbase. It is not surprising that the current crypto bear market has been brought on by worsening macro-factors. In contrast, Coinbase stated that the idea was accurate in a blog post on July 5 and added that […]