Cryptocurrency

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

Report: Hackers Seized McDonald’s Instagram Account for ‘Rug Pull’ Scam
Report: Hackers Seized McDonald’s Instagram Account for ‘Rug Pull’ Scam
August 21, 2024  |  Security & Fraud

McDonald’s reportedly suffered a hack of its Instagram account Wednesday (Aug. 21), with the hackers claiming they used the fast-food giant’s account to promote a...

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Web3 Fans Say Apple NFC Chip Access Will Jumpstart Crypto Payments Era
Web3 Fans Say Apple NFC Chip Access Will Jumpstart Crypto Payments Era
August 21, 2024  |  Cryptocurrency

Every innovation needs a supporting infrastructure network to scale. And, with the news that Apple will allow third-party developers to access its near-field communication (NFC)...

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Manchester City and OKX Launch ‘Unseen City’ Digital Escape Room Merging AI and Web3
Manchester City and OKX Launch ‘Unseen City’ Digital Escape Room Merging AI and Web3
August 16, 2024  |  Technology

Fans of the U.K.’s Manchester City Football Club can step into a digital realm where fandom meets futuristic technology. Manchester City and global cryptocurrency exchange...

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Chainalysis: Value of Crypto Hacks, Ransomware Payments Rise in 2024
Chainalysis: Value of Crypto Hacks, Ransomware Payments Rise in 2024
August 15, 2024  |  Security & Fraud

The value of funds taken in hacking activities and ransomware attacks rose during the first seven months of the year. These increases were driven by...

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Crypto Legislation Could Come This Year, Schumer Tells Crypto4Harris
Crypto Legislation Could Come This Year, Schumer Tells Crypto4Harris
August 15, 2024  |  Cryptocurrency

Senate Majority Leader Chuck Schumer believes crypto legislation could happen this year. Schumer made this comment Wednesday (Aug. 14) at an online event for cryptocurrency insiders who...

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This Week in Web3: Blockchain Looks to Create, Not Just Store, Real-World Value
This Week in Web3: Blockchain Looks to Create, Not Just Store, Real-World Value
August 14, 2024  |  Blockchain

Blockchain, at this point a significant industry, perpetually appears to be on the verge of mainstream acceptance. Its promise of delivering benefits such as easier...

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Mastercard and MetaMask Team to Launch Crypto-to-Fiat Card
Mastercard and MetaMask Team to Launch Crypto-to-Fiat Card
August 14, 2024  |  Cryptocurrency

Mastercard has launched a crypto-to-fiat card with Web3/blockchain platform MetaMask and cryptocurrency payments firm Baanx. The MetaMask Card, announced Wednesday (Aug. 14), lets MetaMask wallet...

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SEC Alleges NovaTech Ltd Ran Fraudulent Crypto-Centered Scheme
SEC Alleges NovaTech Ltd Ran Fraudulent Crypto-Centered Scheme
August 12, 2024  |  Cryptocurrency

The Securities and Exchange Commission (SEC) charged NovaTech Ltd, its operators, Cynthia and Eddy Petion, and the company’s top promoters with running a fraudulent scheme centered on...

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Fed Action Against Customers Bank Underscores Crypto’s Challenges
Fed Action Against Customers Bank Underscores Crypto’s Challenges
August 12, 2024  |  Cryptocurrency

Despite the decentralized nature of cryptocurrencies and other digital assets, Web3 businesses need banking partners. But on Thursday (Aug. 8), news broke that Pennsylvania-based Customers...

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