Bitcoin

Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.

Report: NYDFS Investigating Stablecoin Issuer Paxos Trust
Report: NYDFS Investigating Stablecoin Issuer Paxos Trust
February 10, 2023  |  Regulation

Paxos Trust is reportedly being investigated by the New York State Department of Financial Services (NYDFS). It is not known why the issuer of the...

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ECB Renews Long-Term Commitment to Maintaining Euro Cash System
ECB Renews Long-Term Commitment to Maintaining Euro Cash System
February 08, 2023  |  Cash

The European Central Bank (ECB) has reaffirmed its commitment to maintaining a euro cash system. Commenting on a December ECB study on the payment attitudes...

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India Tests Contactless Digital Rupee Payments
India Tests Contactless Digital Rupee Payments
February 06, 2023  |  CBDC

Indian banks and retailers have reportedly begun accepting contactless payments made with digital rupees. The move is part of the Reserve Bank of India’s retail...

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FTX Starts to Claw Back $93M in Political Donations to 200 Lawmakers
FTX Starts to Claw Back $93M in Political Donations to 200 Lawmakers
February 06, 2023  |  Legal

FTX’s new management has started the official legal process of clawing back past political donations. This, as court documents filed in January show that the...

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Crypto Hackers Stole Billions Last Year by Targeting DeFi
Crypto Hackers Stole Billions Last Year by Targeting DeFi
February 02, 2023  |  Cryptocurrency

Adding to the cryptocurrency sector’s 2022 woes, hackers stole $3.8 billion from crypto companies last year. This, as a new crypto crime report from blockchain...

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Is Crypto Market’s Rally a Good Thing for FTX Creditors?
Is Crypto Market’s Rally a Good Thing for FTX Creditors?
February 01, 2023  |  Cryptocurrency

A he-said-they-said war of words has been swirling around FTX’s solvency since its bankruptcy. The Securities and Exchange Commission (SEC) estimated that the crypto exchange’s...

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FTX Judge Agrees to ID Bankman-Fried’s Bail Guarantors
FTX Judge Agrees to ID Bankman-Fried’s Bail Guarantors
January 31, 2023  |  Cryptocurrency

The names of the people who guaranteed bail for Sam Bankman-Fried will be made public. Eventually. A federal judge on Monday (Jan. 30) ruled that...

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Crypto’s New Congressional Subcommittee Aims for ‘Responsible Innovation’
Crypto’s New Congressional Subcommittee Aims for ‘Responsible Innovation’
January 26, 2023  |  Cryptocurrency

Cryptocurrency industry regulation in the post-FTX era has emerged as a pressing concern for the new Congress. It is no less pressing a concern for...

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Crypto Banks Hit Reset While Shedding Risky Innovation Ambitions
Crypto Banks Hit Reset While Shedding Risky Innovation Ambitions
January 25, 2023  |  Cryptocurrency

Smaller banks that sought to serve once-hot sectors like cryptocurrency are now exiting those verticals. This, as long-time crypto industry partner Silvergate Bank reports steep...

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