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

Treasury: NFTs ‘Highly Susceptible’ to Fraud and Scams
Treasury: NFTs ‘Highly Susceptible’ to Fraud and Scams
May 30, 2024  |  Cryptocurrency

The Treasury Department has a warning for NFT fans: use them at your own risk. The department released an assessment Wednesday (May 29) finding that non-fungible tokens (NFTs) —...

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Mastercard Unveils P2P Pilot for Crypto Credential Tool
Mastercard Unveils P2P Pilot for Crypto Credential Tool
May 29, 2024  |  Cryptocurrency

Mastercard has introduced what it calls a “milestone” update to its Crypto Credential tool. For the first time, the company announced Wednesday (May 29) crypto...

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Gemini Returning $2.1 Billion to Crypto Customers
Gemini Returning $2.1 Billion to Crypto Customers
May 29, 2024  |  Cryptocurrency

Fallen cryptocurrency lender Gemini is reportedly set to begin returning billions in frozen customer funds. The firm, owned by billionaire twin brothers Cameron and Tyler Winklevoss, announced...

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Triple-A Taps PayPal’s Stablecoin to Double Payments Volume
Triple-A Taps PayPal’s Stablecoin to Double Payments Volume
May 29, 2024  |  Cryptocurrency

Singapore-based financial institution Triple-A is adding PayPal’s PYUSD stablecoin to its payment services. The move, announced Wednesday (May 29), will let the company’s clients accept the stablecoin as a payment method,...

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PayPal Adds Stablecoin to Solana Blockchain
PayPal Adds Stablecoin to Solana Blockchain
May 29, 2024  |  Cryptocurrency

PayPal says its stablecoin — PayPal USD (PYUSD) — is now available on the Solana blockchain. The move is designed to make the stablecoin faster and cheaper to...

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Circle Brings USDC to Users in Brazil
Circle Brings USDC to Users in Brazil
May 29, 2024  |  Cryptocurrency

Stablecoin issuer Circle says it has officially launched in Brazil. The expansion into South America’s largest country gives Circle the chance to offer its popular...

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Ripple Pledges $25 Million Yearly to Crypto Super PAC 
Ripple Pledges $25 Million Yearly to Crypto Super PAC 
May 29, 2024  |  Cryptocurrency

Ripple has donated another $25 million to pro-cryptocurrency political action committee (PAC) Fairshake. And there’s more where that came from, the blockchain payments company’s CEO told...

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Ex-FTX Exec Ryan Salame Sentenced to 7.5 Years in Prison After September Guilty Plea
Ex-FTX Exec Ryan Salame Sentenced to 7.5 Years in Prison After September Guilty Plea
May 28, 2024  |  Cryptocurrency

The former CEO of FTX’s Bahamas subsidiary was sentenced Tuesday (May 28) to a prison term longer than the prosecutors had asked for. Ryan Salame...

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Ripio Expects Growing Adoption of Crypto Among Latin American Businesses
Ripio Expects Growing Adoption of Crypto Among Latin American Businesses
May 24, 2024  |  Cryptocurrency

Latin American cryptocurrency exchange Ripio is reportedly making payment and tokenization products for businesses a bigger part of its offerings. The company is doing so even as its retail...

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