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

FTX’s First Day in Court: ‘Personal Fiefdom of Sam Bankman-Fried’

FTX’s First Day in Court: ‘Personal Fiefdom of Sam Bankman-Fried’
FTX’s First Day in Court: ‘Personal Fiefdom of Sam Bankman-Fried’
November 22, 2022  |  Cryptocurrency

Almost a full two weeks after first filing for bankruptcy on Nov. 11, the insolvent cryptocurrency exchange FTX finally held its first-day motion requests on...

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Crypto Contagion Sends Coins and Companies Tumbling
Crypto Contagion Sends Coins and Companies Tumbling
November 22, 2022  |  Cryptocurrency

FTX continues to be an industry “market maker” from beyond the grave, as the realities of entangled counterparty risk rear their heads throughout the cryptocurrency...

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Report: Binance CEO Turns to Middle East for Crypto Recovery
Report: Binance CEO Turns to Middle East for Crypto Recovery
November 22, 2022  |  Cryptocurrency

The founder of cryptocurrency exchange Binance met with investors in Abu Dhabi last week to raise money for a recovery fund to help the industry...

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Alameda Co-CEO Compared Crypto Trading With Gambling in Twitter Thread 
Alameda Co-CEO Compared Crypto Trading With Gambling in Twitter Thread 
November 22, 2022  |  Cryptocurrency

The former Co-CEO of Alameda Research reportedly enjoyed poker and blackjack and applied what he learned to the firm’s cryptocurrency trading.  Get the Full Story...

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FTX Uncovers $1.24B in Cash Ahead of Bankruptcy Hearing
FTX Uncovers $1.24B in Cash Ahead of Bankruptcy Hearing
November 22, 2022  |  Cryptocurrency

New managers at cryptocurrency exchange FTX have found the company and its affiliates have $1.24 billion in cash — more than what debtors had previously...

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What Regulators Must Do Now in Light of FTX Scandal
What Regulators Must Do Now in Light of FTX Scandal
November 22, 2022  |  Cryptocurrency

How did we not see this coming? That’s the question many people are asking as the hyper-rapid, and potentially rabid, collapse of crypto trading platform FTX...

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Gift Cards Become Instant Payout Option for Global Consumers
Gift Cards Become Instant Payout Option for Global Consumers
November 22, 2022  |  Digital Payments

As the need for faster, cheaper and efficient payouts increase, there is a huge demand from corporations needing to transfer value to end users and...

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If Crypto’s Bull Market Made VCs Look Smart, What Happens Now?
If Crypto’s Bull Market Made VCs Look Smart, What Happens Now?
November 21, 2022  |  Cryptocurrency

Hindsight is 20/20, and its perspective is often brought into further clarity by regret. Just ask some of the venture capital industry’s most well-known firms,...

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