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

Study of Digital Dollar Beneficial Even if CBDCs Never Happen: Cleveland Fed Head
Study of Digital Dollar Beneficial Even if CBDCs Never Happen: Cleveland Fed Head
October 10, 2022  |  Cryptocurrency

Cleveland Federal Reserve President Loretta Mester said that even if the U.S. does not issue a central bank digital currency (CBDC), the Fed’s study of...

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Portugal Proposes New Taxes on Crypto Transactions
Portugal Proposes New Taxes on Crypto Transactions
October 10, 2022  |  Cryptocurrency

Portugal wants to begin taxing digital currency gains on purchases held for less than a year, according to a proposal in the country’s 2023 budget....

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From Budweiser to GameStop Brands Embrace Crypto and NFT Loyalty
From Budweiser to GameStop Brands Embrace Crypto and NFT Loyalty
October 10, 2022  |  Cryptocurrency

Starbucks made big new last month when it added an NFT component to it vast Starbucks rewards loyalty program, but it’s far from the only...

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Circle’s USDC Inching Back After Dropping $10B in 3 Months
Circle’s USDC Inching Back After Dropping $10B in 3 Months
October 10, 2022  |  Cryptocurrency

After losing $10 billion in three months, Circle’s dollar-pegged stablecoin USD coin (USDC) is inching back following the coin’s rise that benefitted from Terra’s collapse...

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FSB Says Stablecoins Might Speed, Cheapen X-Border Payments
FSB Says Stablecoins Might Speed, Cheapen X-Border Payments
October 10, 2022  |  Cryptocurrency

The Financial Stability Board (FSB) is looking at stablecoins as one way of achieving its goal of cutting the cost and time required to make...

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OpenSea CFO Brian Roberts Takes Advisory Role
OpenSea CFO Brian Roberts Takes Advisory Role
October 10, 2022  |  Personnel

After 11 months as the chief financial officer of non-fungible token (NFT) marketplace OpenSea, Brian Roberts said he is sailing to new waters. Get the...

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Today in Crypto: Binance Could Spend $1B on 2022 Investments, M&A; Brazil Police Issue Warrants for Pyramid Scheme ‘Sheik’
Today in Crypto: Binance Could Spend $1B on 2022 Investments, M&A; Brazil Police Issue Warrants...
October 09, 2022  |  Cryptocurrency

Binance Holdings founder and CEO Zhao “CZ” Changpeng has said the exchange could spend over $1 billion on acquisitions and investments, even in spite of...

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Zuckerberg’s Unlovable Metaverse Shares Flaws of Meta’s Payments Policy
Zuckerberg’s Unlovable Metaverse Shares Flaws of Meta’s Payments Policy
October 07, 2022  |  Meta

Meta CEO Mark Zuckerberg has gotten a lot of flak in the year since he announced the corporate rebranding by saying, “From now on, we’re...

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Crypto Used in Alleged $5.4M Drug Peddling Conspiracy Case
Crypto Used in Alleged $5.4M Drug Peddling Conspiracy Case
October 07, 2022  |  Cryptocurrency

Cryptocurrency including Bitcoin was allegedly used to launder more than $5.35 million for a drug trafficking organization in a conspiracy that included the reported distribution...

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