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

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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Binance Founder Seeks to Prove He’s Not a Flight Risk
Binance Founder Seeks to Prove He’s Not a Flight Risk
November 26, 2023  |  Legal

Binance’s founder is fighting the Justice Department’s efforts to keep him in the U.S. Changpeng Zhao pleaded guilty last week to failing to maintain proper anti-money laundering standards...

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Ex-Binance CEO Zhao: ‘I Made Mistakes’
Ex-Binance CEO Zhao: ‘I Made Mistakes’
November 22, 2023  |  Cryptocurrency

Binance’s outgoing CEO says resigning from the cryptocurrency exchange was the right move. After agreeing to resign Tuesday (Nov. 21) as part of an agreement with...

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BCB Group Chief Departs Crypto Banking Firm
BCB Group Chief Departs Crypto Banking Firm
November 22, 2023  |  Cryptocurrency

The chief executive of BCB Group has reportedly stepped down from the cryptocurrency banking company. CEO Oliver von Landsberg-Sadie has left the firm to seek new opportunities, Coindesk...

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Feds Seize $9 Million in Crypto ‘Pig Butchering’ Scam Probe
Feds Seize $9 Million in Crypto ‘Pig Butchering’ Scam Probe
November 21, 2023  |  Cryptocurrency

Federal authorities have seized almost $9 million in cryptocurrency tied to a scam ring. The U.S. Justice Department (DOJ) announced Tuesday (Nov. 21) the seizure of...

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KuCoin Launches Visa-Powered Crypto Debit Card in Europe
KuCoin Launches Visa-Powered Crypto Debit Card in Europe
November 21, 2023  |  Cryptocurrency

Cryptocurrency platform KuCoin has launched KuCard, a Visa-powered crypto debit card, for use in Europe. “Accepted at millions of locations, KuCard empowers users to utilize their cryptocurrency...

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JPMorgan: Crypto Market Enthusiasm May Be Misplaced
JPMorgan: Crypto Market Enthusiasm May Be Misplaced
November 13, 2023  |  Bitcoin

America’s largest bank is apparently skeptical about recent cryptocurrency market enthusiasm. As Coindesk reported Monday (Nov. 13), a recent research report by JPMorgan Chase calls into question the...

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