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

SBF May Be 57 When He Finishes Serving Time
SBF May Be 57 When He Finishes Serving Time
March 28, 2024  |  Legal

When the facts are crystal clear, often the only recourse is to appeal to emotion. That’s the tack that convicted crypto criminal and former FTX CEO Sam Bankman-Fried’s...

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Report: Crypto Remains Underregulated Around Much of the World
Report: Crypto Remains Underregulated Around Much of the World
March 28, 2024  |  Cryptocurrency

As of last June, most of the world’s governments hadn’t begun regulating the cryptocurrency sector. That’s according to a new report by the Financial Action Task...

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Judge Rules SEC Lawsuit Against Coinbase Can Go to Trial
Judge Rules SEC Lawsuit Against Coinbase Can Go to Trial
March 27, 2024  |  Legal

A judge ruled Wednesday (March 27) that the Securities and Exchange Commission’s lawsuit against Coinbase can go before a jury trial. The decision came after Coinbase asked the...

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Crypto Scamming Intensifies as Digital Asset Market Rallies
Crypto Scamming Intensifies as Digital Asset Market Rallies
March 27, 2024  |  Cryptocurrency

Most crimes, at the end of the day, are crimes of opportunity. After all, bad actors and scammers just need to get lucky once. And...

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FTX Creditors: Bankruptcy Estate Could Have Revived ‘Thriving’ Business
FTX Creditors: Bankruptcy Estate Could Have Revived ‘Thriving’ Business
March 27, 2024  |  Cryptocurrency

Earlier this year, bankrupt cryptocurrency firm FTX called off plans to resurrect its exchange. And that was a missed opportunity, some of the company’s creditors told The Wall Street...

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CFTC Charges KuCoin With Violations of Commodity Exchange Act
CFTC Charges KuCoin With Violations of Commodity Exchange Act
March 26, 2024  |  Cryptocurrency

The Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against the entities that operate KuCoin, a centralized digital asset exchange. The agency has charged KuCoin...

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US Imposes Sanctions on 13 Russia-Linked Crypto FinTechs
US Imposes Sanctions on 13 Russia-Linked Crypto FinTechs
March 26, 2024  |  Cryptocurrency

The U.S. has sanctioned 13 Russia-linked FinTechs for allegedly using cryptocurrency to evade bans. “Russia is increasingly turning to alternative payment mechanisms to circumvent U.S....

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Portugal Shuts Down Worldcoin Biometric Data Collection
Portugal Shuts Down Worldcoin Biometric Data Collection
March 26, 2024  |  Biometrics

Portugal has reportedly put the brakes on Worldcoin’s biometric data collection efforts. As Reuters reported Tuesday (March 26), the country’s data regulator has ordered Worldcoin to halt its...

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Ripple CEO: SEC Will Fine Company $2 Billion
Ripple CEO: SEC Will Fine Company $2 Billion
March 26, 2024  |  Cryptocurrency

Federal regulators want blockchain firm Ripple to pay a nearly $2 billion fine. That’s according to company officials who took to social media in advance of the...

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