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

Financial Technology Protection Act Passes House, Heads to Senate
Financial Technology Protection Act Passes House, Heads to Senate
July 22, 2024  |  AML

The House of Representatives passed a bill on Monday (July 22) that is designed to combat the use of financial technology for illicit finance. The...

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Bitcoin Depot Surpasses 8,000 Bitcoin ATMs in Operation
Bitcoin Depot Surpasses 8,000 Bitcoin ATMs in Operation
July 22, 2024  |  Cryptocurrency

Bitcoin Depot said Monday (July 22) that the number of Bitcoin ATMs it has in operation now totals 8,180, up from 7,400 on April 1....

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Cryptocurrency Exchange WazirX Loses $230 Million in Cyberattack
Cryptocurrency Exchange WazirX Loses $230 Million in Cyberattack
July 18, 2024  |  Cybersecurity

Indian cryptocurrency exchange WazirX said Thursday (July 18) that it lost more than $230 million in a cyberattack. “This is a force majeure event beyond...

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Ripple CEO: US Crypto Rules Lag Amid ‘Interminable’ Lawsuits
Ripple CEO: US Crypto Rules Lag Amid ‘Interminable’ Lawsuits
July 18, 2024  |  Cryptocurrency

Ripple’s CEO says the cryptocurrency industry is still seeking regulatory clarity from the U.S. Speaking with Bloomberg News Wednesday (July 17), Brad Garlinghouse said America lags behind other countries that...

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Report: State Street Considering Several Blockchain-Based Projects
Report: State Street Considering Several Blockchain-Based Projects
July 17, 2024  |  Blockchain

State Street is reportedly looking at a number of options for settling payments on blockchain. The financial services and banking firm is considering creating its...

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Web3 This Week: BlackRock CEO Calls Bitcoin ‘Legitimate,’ Mainstream Off-Ramps Grow
Web3 This Week: BlackRock CEO Calls Bitcoin ‘Legitimate,’ Mainstream Off-Ramps Grow
July 17, 2024  |  Blockchain

Traditional financial operations are centralized, regulated and audited. Blockchain technology and cryptocurrencies are, well, pretty much the opposite, relying instead on cryptographic algorithms and decentralized...

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Floundering Crypto Miners Look For AI Company Lifelines
Floundering Crypto Miners Look For AI Company Lifelines
July 17, 2024  |  Cryptocurrency

Cryptocurrency miners are reportedly scrambling to boost their revenues by forging deals with AI developers. As the Financial Times (FT) reported Wednesday (July 17), these...

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Trump Running Mate J.D. Vance’s Antitrust Views Divide Business Leaders
Trump Running Mate J.D. Vance’s Antitrust Views Divide Business Leaders
July 16, 2024  |  ANTITRUST

It is an election year — and political uncertainty is top of mind for businesses. With the news Monday (July 15) that presidential candidate Donald...

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Instant Payments Versus Stablecoins: The Race to Rule Real-Time Transactions
Instant Payments Versus Stablecoins: The Race to Rule Real-Time Transactions
July 11, 2024  |  Payment Methods

The future of money movement is accelerating globally. With real-time payments on the U.S. RTP® Network and in Europe setting new usage records, and awareness...

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