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
Jack Dorsey’s Twitter Departure Sets the Stage For Expanding His Crypto Influence
November 29, 2021

Having stepped down as CEO of Twitter, bitcoin booster Jack Dorsey will likely be spending a lot more time at Square, the payments company he founded. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
Platforms Help Charities Get Donations From Crypto Holders on Giving Tuesday
November 29, 2021

They’re volatile, yes, but the overall trend in cryptocurrency prices — at least over time — has been up and to the right. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
Study: 58% of Multinational Firms Use Cryptocurrencies
November 28, 2021

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 receive marketing communications from PYMNTS and...

Cryptocurrency
Avocado Guild Lands $18M to Expand Play-to-Earn Gaming Operations
November 24, 2021

Play-to-earn (P2E) company Avocado Guild has raised $18 million in a Series A funding round to go toward expanding its gaming services, a Wednesday (Nov. 24) Yahoo report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
Payments App KurePay to Suspend Services in Nigeria Next Year Amid Crypto Crackdown
November 24, 2021

KurePay, the Nigerian payments app, is reported to be suspending its services in the country over crypto exchange crackdowns, a report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cryptocurrency
What Senate Banking Committee Chair Sherrod Brown Should Be Asking Tether
November 24, 2021

The chairman of the Senate Banking Committee sent the issuers of a half-dozen stablecoins letters Wednesday (Nov. 24), demanding they explain how their tokens are minted and redeemed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cryptocurrency
Gaming Platform The Sandbox Nets 25% Boost in SAND Token After Adidas Mention
November 24, 2021

The virtual world of The Sandbox saw an actual 25% windfall in the value of its SAND token after a social media post from sneaker maker Adidas referenced a partnership between the two companies, CoinDesk reported Wednesday (Nov. 24). Get the Full Story Complete the...

Cryptocurrency
Authoritarian Central Banks Can be Very Good for Bitcoin, Until They’re Not
November 24, 2021

Look at how bitcoin performed overnight in Turkey and India, and you’ll get an excellent picture of how an authoritarian central bank can be very good for crypto, until it is very bad. Get the Full Story Complete the form to unlock this article and...

Cryptocurrency
Senate Wants Answers from Tether CEO 
November 24, 2021

U.S. Senate Banking Committee chairman Sherrod Brown recently sent a letter to Tether Holdings Limited CEO Jean-Louis van der Velde expressing concerns about stablecoins and seeking answers by next month.   Get the Full Story Complete the form to unlock this article and enjoy unlimited...