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
Tesla Customers Can Now Pay With Dogecoin… for Accessories, Not Cars
January 14, 2022

If you want to see the power of payments in cryptocurrency, look no further than dogecoin. 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...

Cryptocurrency
North Korean Hackers Swiped $400M in Crypto Last Year
January 14, 2022

Hackers from North Korea swiped close to $400 million in cryptocurrencies across at least seven cyberattacks that targeted investment firms and centralized exchanges, with 58% being ether and just 20% being bitcoin, according to the latest data in a Chainalysis report. In 2017, bitcoin comprised...

Cryptocurrency
Jack Dorsey’s Block Wants to Return Bitcoin Mining to the Masses
January 14, 2022

Block CEO Jack Dorsey sees a big problem in crypto and he’s building an open-source solution to fix it. 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...

Cryptocurrency
Dogecoin Up 11% as Tesla Accepts the Crypto for Store Merch
January 14, 2022

Dogecoin prices topped 15% on news that Tesla was accepting the cryptocurrency as payment for merchandise on its digital marketplace, with prices at 8 a.m. ET on Friday (Jan. 14) 0.19, up 11.51%, according to multiple reports. Get the Full Story Complete the form to...

Cryptocurrency
OCC’s Hsu: Stablecoins Can Boost Innovation If Regulated Like Banks
January 13, 2022

There are a number of ways to read between the lines of the speech about stablecoins Acting Comptroller of the Currency Michael Hsu made at a financial conference today (Jan. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
Tesla Tries Dogecoin as Payment, Report Says
January 13, 2022

Tesla will be testing a new payment option for dogecoin, according to the source code for its website, The Block Crypto reported Thursday (Jan. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
43% of Businesses Say Potential Efficiencies Influence Their Blockchain and Crypto Strategies
January 13, 2022

When corporate treasurers are considering the adoption of blockchain or cryptocurrency solutions, the top factor is the potential for greater operational efficiencies. The Corporate Treasury Shift, a PYMNTS report sponsored by Circle, found that 43% of businesses say that’s a factor affecting their development of...

Cryptocurrency
State Bank of Pakistan, Government Weighing Crypto Ban
January 13, 2022

The State Bank of Pakistan (SBP) and the federal government are reportedly weighing a ban on all cryptocurrency transactions in the country, according to Cointelegraph on Thursday (Jan. 13), citing reports from the Sindh High Court (SHC) and SAMAA TV network. Get the Full Story...

Cryptocurrency
US Banks Plan USDF Stablecoin
January 12, 2022

A group of U.S. banks will offer its own stablecoin, USDF, as it tries to beat concerns about the reserves behind equivalents from nonbanks, according to a Wednesday (Jan. 12) CoinDesk report. Get the Full Story Complete the form to unlock this article and enjoy...