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

Baanx Raises $20 Million to Bring Crypto Payments Offering to US
Baanx Raises $20 Million to Bring Crypto Payments Offering to US
March 05, 2024  |  Investments

Cryptocurrency payments company Baanx has reportedly raised $20 million. The firm will use the Series A funding to help it introduce its services in the U.S. and Latin...

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Crypto PACs Pump $13 Million Into Super Tuesday Races
Crypto PACs Pump $13 Million Into Super Tuesday Races
March 03, 2024  |  Cryptocurrency

Cryptocurrencies are contributing millions to digital asset-friendly candidates in the 2024 election. That includes donations to candidates in Super Tuesday primary contests in Texas, California and...

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Binance Execs Detained in Nigeria in Possible Criminal Probe
Binance Execs Detained in Nigeria in Possible Criminal Probe
February 29, 2024  |  Cryptocurrency

Nigeria reportedly detained two Binance executives as it increases pressure on the cryptocurrency sector. The executives were picked up by national security officers after arriving...

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New York DFS Announces Settlement With Gemini Trust
New York DFS Announces Settlement With Gemini Trust
February 28, 2024  |  Legal

The New York State Department of Financial Services (DFS) said Wednesday (Feb. 28) that Gemini Trust Company has agreed to return at least $1.1 billion to customers of its...

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Bitcoin Price Breaks $60,000 Mark as Crypto Optimism Swells
Bitcoin Price Breaks $60,000 Mark as Crypto Optimism Swells
February 28, 2024  |  Cryptocurrency

Optimism among cryptocurrency investors has reportedly pushed bitcoin’s price above $60,000. As Bloomberg News reported Wednesday (Feb. 28), the world’s most popular crypto hadn’t seen...

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FTX and Alameda Vets’ New Exchange ‘Backpack’ Raises $17 Million
FTX and Alameda Vets’ New Exchange ‘Backpack’ Raises $17 Million
February 28, 2024  |  Investments

Backpack, a cryptocurrency exchange led by former FTX and Alameda Research employees, raised $17 million. The Series A funding round values Backpack — whose offerings...

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Bankman-Fried Lawyers Blast ‘Barbaric’ 100-Year Sentence Recommendation
Bankman-Fried Lawyers Blast ‘Barbaric’ 100-Year Sentence Recommendation
February 28, 2024  |  Legal

Attorneys for convicted cryptocurrency fraudster Sam Bankman-Fried say their client is “selfless,” “altruistic” and “misunderstood.” In a final bid for leniency, lawyers for the FTX founder are calling for...

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Crypto Exchange Kraken Unveils Institutional Solution
Crypto Exchange Kraken Unveils Institutional Solution
February 27, 2024  |  Cryptocurrency

Cryptocurrency exchange Kraken is introducing a new solution for firms looking to gain exposure to the cryptocurrency. Dubbed Kraken Institutional, the new brand aims to...

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Bitcoin Hits 2-Year High as Large Investors Enter Market
Bitcoin Hits 2-Year High as Large Investors Enter Market
February 27, 2024  |  Cryptocurrency

Bitcoin continued its rise, hitting a two-year high Tuesday (Feb. 27) and surpassing $57,000 as big buyers flock to the cryptocurrency market. The digital currency...

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