Cryptocurrency

A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

(source: en.wikipedia.org)

Cryptocurrency
Today in Crypto: Crypto-Risk Monitoring Firm Solidus Labs Nets $45M for Expansion; Analysts Say Bitcoin...
May 12, 2022

Bitcoin might drop more than it already has and could hit $15,000, according to a Thursday (May 12) report from Seeking Alpha that cited Stifel analysts Barry Bannister and Thomas Carroll. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
Cuban to Crypto-verse: Get Competitive, Don’t Be Copycats
May 12, 2022

Mark Cuban has looked at the state of the crypto industry and found it dull. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Cryptocurrency
Coinbase Pay Debuts for Web3 Businesses, Developers Use
May 12, 2022

Coinbase will expand its Coinbase Pay to the bigger crypto ecosystem, letting Web3 developers and businesses integrate it, a blog from the company said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
Yellen: Terra’s Fall Shows Stablecoin Dangers
May 12, 2022

U.S. Treasury Secretary Janet Yellen on Thursday (May 12) called for new regulations on stablecoins, citing the dramatic fall of the Terra token. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
Crypto Crushed as Bitcoin Gives up 2021 Growth
May 12, 2022

Bitcoin dropped below $26,500 Thursday morning (May 12), giving up all its 2021 gains in the wake of a market-wide collapse that saw nearly all the top 100 cryptocurrencies drop 20% to 35% overnight. Get the Full Story Complete the form to unlock this article...

Cryptocurrency
BIS Committee Chair Questions Crypto Benefits, Calls for Regulation
May 12, 2022

On Thursday (May 12), Pablo Hernández de Cos, chair of the Basel Committee on Banking Supervision and governor of the Bank of Spain, warned that fast-paced developments in decentralized finance (DeFi) and crypto assets necessitate a proactive and forward-looking regulatory and supervisory approach.  Get the...

Cryptocurrency
Tether Breaks Buck as Stablecoin Panic Spreads
May 12, 2022

Stablecoin panic spread Thursday (May 12), with No. 1 stablecoin tether (USDT) breaking the buck in the wake of TerraUSD’s spiraling plunge below $1 over the course of this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cryptocurrency
Today in Crypto: TerraUSD Backers Seek Investors to Prop Up Token; Crypto Billionaires See Fortunes...
May 11, 2022

Superscript has become the first broker from Lloyd’s of London to roll out a product to help Distributed Ledger Technology (DLT), digital asset and blockchain businesses, according to a company blog post Wednesday (May 11). Get the Full Story Complete the form to unlock this...

Cryptocurrency
Can Coinbase Win the Wallet War Without Taking Stock of What Consumers Want?
May 11, 2022

How many wallets do you want? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to...