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

Financially Linked to FTX, BlockFi Eyes Chapter 11
Financially Linked to FTX, BlockFi Eyes Chapter 11
November 15, 2022  |  Cryptocurrency

BlockFi, a digital asset lender that received a bailout from FTX earlier this year and which has significant exposure to the exchange and its associated...

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10 US Banks Participating in Test of Interoperable Digital Money Platform 
10 US Banks Participating in Test of Interoperable Digital Money Platform 
November 15, 2022  |  Cryptocurrency

Ten members of the banking community are working with the New York Innovation Center (NYIC), which is part of the Federal Reserve Bank of New...

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Berkshire Hathaway’s Munger: Crypto is a ‘Delusion’
Berkshire Hathaway’s Munger: Crypto is a ‘Delusion’
November 15, 2022  |  Cryptocurrency

Berkshire Hathaway Vice Chairman Charlie Munger has restated his contempt for the cryptocurrency industry in the wake of FTX’s collapse. Get the Full Story Complete the form to...

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Report: EU May Ban Privacy Coins
Report: EU May Ban Privacy Coins
November 15, 2022  |  Cryptocurrency

A leaked draft of an EU anti-money laundering (AML) bill suggests the organization could prohibit regulated financial institutions from dealing in privacy-enhancing cryptocurrencies such as...

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Report: FTX Founder Tries to Raise Cash Amid Bankruptcy
Report: FTX Founder Tries to Raise Cash Amid Bankruptcy
November 15, 2022  |  Cryptocurrency

The cryptocurrency exchange he launched may be broke and under investigation, but FTX founder Sam Bankman-Fried is still hoping to raise enough cash to cover...

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Unstable Stablecoins Clear Path for Banks to Step In
Unstable Stablecoins Clear Path for Banks to Step In
November 15, 2022  |  Cryptocurrency

The cryptocurrency-flameouts this week have revealed hard truths about privately-issued stablecoins: They’re anything but stable. They’re no safe haven from turmoil. Get the Full Story...

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The Bahamas Appoints Liquidators for FTX
The Bahamas Appoints Liquidators for FTX
November 15, 2022  |  Regulation

The Securities Commission of the Bahamas — the country in which now-bankrupt cryptocurrency exchange FTX is headquartered — has announced the appointment of liquidators for...

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FTX Faces 1M Creditors as Investigators Close In
FTX Faces 1M Creditors as Investigators Close In
November 15, 2022  |  Cryptocurrency

The downfall of crypto trading platform FTX has triggered a worldwide regulatory investigation and could leave the company dealing with more than one million creditors....

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Just Eat Takeaway: Digital Natives Use Bitcoin to Pay for Food Delivery
Just Eat Takeaway: Digital Natives Use Bitcoin to Pay for Food Delivery
November 15, 2022  |  Bitcoin

To say bitcoin has been volatile would be an understatement. After slumping more than 70% from its peak a year ago, it has most recently...

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