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

African Startups With Ties to FTX Face Heavy Losses, Uncertain Future

African Startups With Ties to FTX Face Heavy Losses, Uncertain Future
African Startups With Ties to FTX Face Heavy Losses, Uncertain Future
November 28, 2022  |  Cryptocurrency

Prior to its dramatic collapse earlier this month, the Bahamas-based cryptocurrency exchange FTX was preparing to debut an Africa-focused version of the platform that would...

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Kraken, US Treasury Settle Case Over Crypto Service in Iran
Kraken, US Treasury Settle Case Over Crypto Service in Iran
November 28, 2022  |  Cryptocurrency

The U.S. Treasury Department has officially reached a settlement with crypto exchange Kraken over alleged transactions in Iran. Get the Full Story Complete the form...

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Crypto Crisis Continues as FTX-Backed BlockFi Files for Bankruptcy
Crypto Crisis Continues as FTX-Backed BlockFi Files for Bankruptcy
November 28, 2022  |  Cryptocurrency

The industry-rattling turn of events surrounding FTX’s implosion has claimed another victim. Get the Full Story Complete the form to unlock this article and enjoy...

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Sen. Lummis: FTX Collapse Should Speed Consideration of Crypto Bill
Sen. Lummis: FTX Collapse Should Speed Consideration of Crypto Bill
November 28, 2022  |  Cryptocurrency

U.S. Sen. Cynthia Lummis said the fall of FTX should speed consideration of a bill on regulating cryptocurrencies. Lummis introduced the bill to the legislature...

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Binance Riles Jittery Crypto Investors With Unannounced $2B Withdrawal
Binance Riles Jittery Crypto Investors With Unannounced $2B Withdrawal
November 28, 2022  |  Cryptocurrency

Eagle-eyed crypto watchers were surprised to see over $2B of bitcoin suddenly withdrawn from Binance Monday morning (Nov. 28). Get the Full Story Complete the...

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CFTC Met With FTX About Changing Rules but Made No Decision 
CFTC Met With FTX About Changing Rules but Made No Decision 
November 28, 2022  |  Cryptocurrency

Officials of the U.S. Commodity Futures Trading Commission (CFTC) reportedly met with FTX staff before the crypto exchange’s bankruptcy to discuss changes to financial market...

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FTX Fallout Continues With BlockFi Bankruptcy
FTX Fallout Continues With BlockFi Bankruptcy
November 28, 2022  |  Cryptocurrency

Digital asset lender BlockFi says it will seek bankruptcy protection, the latest casualty of the multi-billion-dollar collapse of cryptocurrency platform FTX. Get the Full Story...

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Singapore’s Temasek Explains Its Due Diligence Following FTX Losses
Singapore’s Temasek Explains Its Due Diligence Following FTX Losses
November 28, 2022  |  Legal & Regulation

After Singapore’s state-owned investor Temasek wrote off its $275 million stake in now-bankrupt cryptocurrency exchange FTX, some of the country’s legislators are reportedly questioning the...

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