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

NY Governor Signs Law Pausing Some Crypto Mining for 2 Years

NY Governor Signs Law Pausing Some Crypto Mining for 2 Years
NY Governor Signs Law Pausing Some Crypto Mining for 2 Years
November 23, 2022  |  Cryptocurrency

In a law that is said to be the first of its kind in the United States, New York has imposed a two-year moratorium on...

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SBF Blames ‘Oversight Failure’ in Apology to FTX ‘Family’
SBF Blames ‘Oversight Failure’ in Apology to FTX ‘Family’
November 23, 2022  |  Cryptocurrency

FTX founder Sam Bankman-Fried says his own lack of oversight helped lead to the demise of the company. Get the Full Story Complete the form...

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Calls For Regulation Intensify as UK Crypto Scams Jump 45%
Calls For Regulation Intensify as UK Crypto Scams Jump 45%
November 23, 2022  |  Cybersecurity

From trading at less than a dollar in its first few years of existence to over $60,000 in late 2021, the story of bitcoin’s meteoric...

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Partnerships Take the Guesswork out of Merchants’ Crypto Acceptance
Partnerships Take the Guesswork out of Merchants’ Crypto Acceptance
November 23, 2022  |  Cryptocurrency

With FTX dominating digital currency headlines and bitcoin and stablecoin prices gyrating, Daniel Escobar, chief technology officer of crypto tax service provider ZenLedger, said it’s...

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Sens. Warren and Durbin Seek Explanation From FTX’s Sam Bankman-Fried
Sens. Warren and Durbin Seek Explanation From FTX’s Sam Bankman-Fried
November 22, 2022  |  Cryptocurrency

The developments around the collapse of FTX justify concerns that the crypto industry “is built to favor scammers,” U.S. Sens. Elizabeth Warren, D-Mass., and Dick...

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Crypto Brokerage Genesis Tries to Raise Funds and Eyes Bankruptcy
Crypto Brokerage Genesis Tries to Raise Funds and Eyes Bankruptcy
November 22, 2022  |  Cryptocurrency

Cryptocurrency brokerage Genesis has reportedly said it may file for bankruptcy if it doesn’t raise at least $1 billion in new funding.  Get the Full...

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Sequoia Capital Loses $150M in FTX Collapse
Sequoia Capital Loses $150M in FTX Collapse
November 22, 2022  |  Cryptocurrency

Venture capital (VC) firm Sequoia Capital has apologized to its investors for its loss in the fallen cryptocurrency exchange FTX and said it will step...

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FTX Liquidators in Bahamas Move Case From New York to Delaware
FTX Liquidators in Bahamas Move Case From New York to Delaware
November 22, 2022  |  Cryptocurrency

Bahamian liquidators who had filed a case related to the bankruptcy of FTX in New York have agreed to transfer that case to Delaware, where...

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