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

PayPal Debuts Stablecoin Pegged to US Dollar
PayPal Debuts Stablecoin Pegged to US Dollar
August 07, 2023  |  Cryptocurrency

PayPal has introduced a U.S. dollar-pegged stablecoin amid new regulations around digital currencies. Announced Monday (Aug. 7), PayPal USD is “designed to contribute to the opportunity...

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Decentralized Crypto Platforms Still Waiting on Their Golden Age
Decentralized Crypto Platforms Still Waiting on Their Golden Age
July 23, 2023  |  Cryptocurrency

Decentralized cryptocurrency platforms have seen their spot trading volumes plummet in the last year. That drop, a Sunday (July 23) Bloomberg News report noted, stands in...

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Report: CoinDesk to Change Hands in $125 Million Deal
Report: CoinDesk to Change Hands in $125 Million Deal
July 20, 2023  |  Cryptocurrency

A syndicate of investors is reportedly poised to take control of cryptocurrency-focused media company CoinDesk. The investor group is led by Matthew Roszak of Tally Capital, a private investment...

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Binance CEO Confirms Job Cuts but Disputes Numbers
Binance CEO Confirms Job Cuts but Disputes Numbers
July 16, 2023  |  Cryptocurrency

Binance has reportedly cut 1,000-plus jobs in recent weeks while also dealing with a wave of executive departures. Those layoffs were reported Friday (July 14) by Reuters, and...

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Crypto Lender Aave Introduces GHO Stablecoin
Crypto Lender Aave Introduces GHO Stablecoin
July 16, 2023  |  Cryptocurrency

Crypto lender Aave has debuted its first stablecoin.  Announced on the company blog Saturday (July 15), Aave’s GHO coin is now live on the ethereum network. “GHO was...

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SEC: Coinbase Knew Securities Laws Applied to Its Business
SEC: Coinbase Knew Securities Laws Applied to Its Business
July 09, 2023  |  Cryptocurrency

The Securities and Exchange Commission (SEC) says Coinbase has long understood securities laws apply to its business. The SEC and the cryptocurrency platform have been engaged in an...

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9 in 10 Real Estate Firms Bet Big on Real-Time Payments
9 in 10 Real Estate Firms Bet Big on Real-Time Payments
May 12, 2023  |  Real-Time Payments

Real estate firms have historically run on paper — but that may be about to change. Real estate firms are weighing the benefits of adopting...

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Credit Unions Weigh Cryptocurrency’s Effects on Member Loyalty
Credit Unions Weigh Cryptocurrency’s Effects on Member Loyalty
April 11, 2023  |  Credit Unions

Nearly one-third of United States consumers own cryptocurrency, and consumers who own crypto consider it when making various financial decisions. For example, 45% of crypto...

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US Crypto Clampdown Continues as Fed Guts Custodia Bank Application
US Crypto Clampdown Continues as Fed Guts Custodia Bank Application
March 27, 2023  |  Cryptocurrency

Crypto’s existential moment continues, as U.S. regulators can’t get past “fundamental concerns” with the sector.  This, as an order published last Friday (March 24), decisively unpacked the federal reserve’s...

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