crypto

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

Crypto Platform HTX Loses $258 Million in Withdrawals After Hack
Crypto Platform HTX Loses $258 Million in Withdrawals After Hack
December 11, 2023  |  Cryptocurrency

Digital asset platform HTX has reportedly seen a $258 million net outflow after being hacked. The money left the cryptocurrency exchange between the time it reopened on Nov. 25...

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SEC: Binance’s DOJ Settlement Strengthens Our Case
SEC: Binance’s DOJ Settlement Strengthens Our Case
December 10, 2023  |  Cryptocurrency

The Securities and Exchange Commission (SEC) says Binance’s recent plea deal gives it new ammunition against the cryptocurrency exchange. As Bloomberg News reported, the SEC contended...

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Block Debuts Self-Custody Bitcoin Wallet Bitkey
Block Debuts Self-Custody Bitcoin Wallet Bitkey
December 07, 2023  |  Bitcoin

Block has launched its self-custody bitcoin wallet Bitkey in 95 countries. The new wallet, announced Thursday (Dec. 7) is designed to widen access to self-custody and comes amid a resurgence...

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JPMorgan’s Dimon Tells Senate He Would Shut Down Crypto Industry
JPMorgan’s Dimon Tells Senate He Would Shut Down Crypto Industry
December 06, 2023  |  Cryptocurrency

Jamie Dimon, the CEO of JPMorgan Chase & Co., has again expressed his strong opposition to the cryptocurrency industry.  During a Senate Banking Committee hearing on Wednesday (Dec. 6),...

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Coinbase Slips Seven Spots in PYMNTS Provider Ranking of Cryptocurrency Apps
Coinbase Slips Seven Spots in PYMNTS Provider Ranking of Cryptocurrency Apps
December 05, 2023  |  Mobile Applications

Whether you’re just getting into cryptocurrency now, or you’ve been exploring the space since it first took off, you need a cryptocurrency app to manage...

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Soccer’s Cristiano Ronaldo Faces $1 Billion Lawsuit Over Binance Promotion
Soccer’s Cristiano Ronaldo Faces $1 Billion Lawsuit Over Binance Promotion
December 03, 2023  |  Cryptocurrency

Soccer star Cristiano Ronaldo is reportedly being sued for promoting embattled cryptocurrency exchange Binance. The $1 billion class-action suit, filed last week in the District Court for the...

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FTX Gets OK to Sell $744 Million in Grayscale Stakes
FTX Gets OK to Sell $744 Million in Grayscale Stakes
November 30, 2023  |  Cryptocurrency

FTX has gotten the go-ahead to sell stakes in digital trusts managed by Grayscale. According to recent court filings, a bankruptcy judge has given the...

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SoFi Turns Over Crypto Business to Blockchain.com
SoFi Turns Over Crypto Business to Blockchain.com
November 29, 2023  |  Cryptocurrency

SoFi says it is exiting the cryptocurrency business next month. The digital finance firm has told customers that they will either need to liquidate their accounts or move...

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Singapore Banking Chief: Private Crypto Has ‘Miserably Failed’
Singapore Banking Chief: Private Crypto Has ‘Miserably Failed’
November 28, 2023  |  Cryptocurrency

We could be witnessing the twilight of private cryptocurrencies, says one of Singapore’s top central bankers. Monetary Authority of Singapore (MAS) Managing Director Ravi Menon argued Tuesday (Nov....

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