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

Block Sees Both Banking and Bitcoin Driving Future Growth 
Block Sees Both Banking and Bitcoin Driving Future Growth 
May 02, 2024  |  Earnings

Block, owner of Cash App and Square, is also a huge owner of bitcoin.  This, as the company’s latest first quarter 2024 earnings results revealed that the company’s $200 million investment...

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Big Innovations Powering Small Business Growth Dominate This Week in B2B
Big Innovations Powering Small Business Growth Dominate This Week in B2B
May 02, 2024  |  B2B Payments

It is National Small Business Week in the U.S., and the spotlight is on business-to-business (B2B) innovation.  That’s why PYMNTS spent Monday (April 29) unpacking how small businesses...

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Binance Founder Changpeng Zhao Sentenced to 4 Months in Prison
Binance Founder Changpeng Zhao Sentenced to 4 Months in Prison
April 30, 2024  |  Cryptocurrency

Changpeng Zhao, the founder of cryptocurrency exchange Binance, was sentenced to four months in prison on Tuesday (April 30). The sentencing came after Zhao pleaded guilty...

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What CFOs Should Know About the Growing Use of Stablecoins
What CFOs Should Know About the Growing Use of Stablecoins
April 30, 2024  |  Cryptocurrency

Stablecoins, as their name implies, offer the benefits of cryptocurrency without the volatility. And with Visa having launched on April 25 the Visa Onchain Analytics Dashboard...

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Venezuelan Opposition Politician Warns of Crypto Use for Money Laundering
Venezuelan Opposition Politician Warns of Crypto Use for Money Laundering
April 29, 2024  |  Cryptocurrency

Venezuela is reportedly expected to increase its use of cryptocurrency when the United States reimposes oil sanctions on the country beginning June 1. A Venezuelan opposition...

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Stripe Is Bringing Back Crypto Payments, Citing ‘Real Utility’
Stripe Is Bringing Back Crypto Payments, Citing ‘Real Utility’
April 29, 2024  |  Cryptocurrency

Crypto payments have traditionally suffered from a pervasive “cold start” problem. Among other issues hamstringing the integration of blockchain-based digital assets as a payments mechanism,...

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Visa: Circle Surpasses Tether in Stablecoin Transaction Race
Visa: Circle Surpasses Tether in Stablecoin Transaction Race
April 29, 2024  |  Cryptocurrency

Circle’s USDC coin has begun to exceed Tether in terms of stablecoin transaction volume. That’s according to Visa’s new stablecoin transaction metric, created with Allium Labs to “remove potential distortions that can arise...

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Square and Cash App Collaborate on Bitcoin Conversions for Sellers
Square and Cash App Collaborate on Bitcoin Conversions for Sellers
April 24, 2024  |  Cryptocurrency

Block ecosystems Square and Cash App have begun rolling out a feature that will allow eligible Square sellers to automatically convert a portion of their daily sales to bitcoin with...

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DOJ: Ex-Binance Head Deserves 3 Years in Prison
DOJ: Ex-Binance Head Deserves 3 Years in Prison
April 24, 2024  |  Cryptocurrency

Federal prosecutors want former Binance CEO Changpeng Zhao to spend three years in prison. The one-time head of the world’s largest cryptocurrency platform deserves this sentence, the Department...

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