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

Elizabeth Holmes Sentenced to 11+ Years in Prison for Defrauding Investors

Elizabeth Holmes Sentenced to 11+ Years in Prison for Defrauding Investors
Elizabeth Holmes Sentenced to 11+ Years in Prison for Defrauding Investors
November 18, 2022  |  Cryptocurrency

Elizabeth Holmes, one of Silicon Valley’s most celebrated and subsequently vilified startup founders, has been sentenced to 135 months, or more than 11 years, in...

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Fed Official Neel Kashkari Tweets ‘Entire Notion of Crypto Is Nonsense’
Fed Official Neel Kashkari Tweets ‘Entire Notion of Crypto Is Nonsense’
November 18, 2022  |  Cryptocurrency

Federal Reserve Bank of Minneapolis President Neel Kashkari said Friday (Nov. 18) in a tweet that cryptocurrency has no use and is just a device...

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House Committee to Investigate FTX Collapse, Requests Company Documents
House Committee to Investigate FTX Collapse, Requests Company Documents
November 18, 2022  |  Cryptocurrency

Raja Krishnamoorthi, chairman of the House Oversight Committee’s Subcommittee on Economic and Consumer Policy, has requested FTX turn over documents and information as part of...

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Hong Kong’s Genesis Block Stops Trading and Will Close OTC Portal 
Hong Kong’s Genesis Block Stops Trading and Will Close OTC Portal 
November 18, 2022  |  Cryptocurrency

Hong Kong-based cryptocurrency retail service provider Genesis Block has reportedly ceased trading, asked its customers to withdraw their funds and told them it would close its over-the-counter...

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Revolut Reassures Customers After FTX Collapse
Revolut Reassures Customers After FTX Collapse
November 18, 2022  |  Cryptocurrency

Around the world, FinTechs that enable their customers to invest or trade in crypto assets are reassuring their customers after cryptocurrency exchange FTX filed for...

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CFTC Commissioner Says Whistleblowers ‘Critical’ to Oversight of Crypto
CFTC Commissioner Says Whistleblowers ‘Critical’ to Oversight of Crypto
November 18, 2022  |  Cryptocurrency

Whistleblowers who report wrongdoing in the cryptocurrency industry will be performing a valuable service and will be eligible to receive a substantial reward, a Commodity...

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TCH: Consumers Want Bank Stablecoins but Regulators Block the Path
TCH: Consumers Want Bank Stablecoins but Regulators Block the Path
November 18, 2022  |  Cryptocurrency

FTX’s meltdown and crypto’s whipsaw gyrations continue to shake retail investors, many of whom will be wiped out. Institutional investors are shying away from the...

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SBF’s ‘Big Dumb Game’ Leaves ‘Worse than Enron’ Cleanup For CEO
SBF’s ‘Big Dumb Game’ Leaves ‘Worse than Enron’ Cleanup For CEO
November 17, 2022  |  Cryptocurrency

By most accounts, Sam Bankman-Fried (SBF), the ex-CEO of what only weeks ago was the third largest crypto exchange in the world, has precipitated a...

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