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

UK Finance Watchdog Pulls 35 Crypto Apps Off Market
UK Finance Watchdog Pulls 35 Crypto Apps Off Market
February 14, 2024  |  Cryptocurrency

The U.K.’s financial watchdog says cryptocurrency companies still aren’t following the country’s new advertising law. The Financial Conduct Authority (FCA) noted the need for compliance Wednesday (Feb....

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Ripple Acquires the Digital Asset Platform Standard Custody & Trust Co.
Ripple Acquires the Digital Asset Platform Standard Custody & Trust Co.
February 13, 2024  |  Cryptocurrency

Blockchain and crypto company Ripple has agreed to acquire Standard Custody & Trust Co., a regulated platform for digital assets, the company said Tuesday (Feb....

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Bitcoin Reaches $50,000 for First Time in 26 Months
Bitcoin Reaches $50,000 for First Time in 26 Months
February 12, 2024  |  Cryptocurrency

Bitcoin’s comeback continues, as the most popular cryptocurrency’s price reached $50,000 Monday (Feb. 12). It was the first time that bitcoin hit that price since...

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Metaco CEO and Product Head Leave Ripple-Owned Crypto Firm
Metaco CEO and Product Head Leave Ripple-Owned Crypto Firm
February 12, 2024  |  Personnel

Metaco CEO Adrien Treccani and Chief Product Officer Peter DeMeo reportedly resigned from the Ripple-owned cryptocurrency custody firm. “We appreciate the strong and industry-leading custody...

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AI Took Over This Year’s Super Bowl Ads; It’s Coming for Daily Life Next
AI Took Over This Year’s Super Bowl Ads; It’s Coming for Daily Life Next
February 12, 2024  |  Artificial Intelligence

The Super Bowl, which was broadcast in 190 countries around the world Sunday (Feb. 11), was more than just an overtime battle between the Kansas...

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NZ Central Bank Head: ‘Stablecoins Are Not Stable’
NZ Central Bank Head: ‘Stablecoins Are Not Stable’
February 12, 2024  |  Cryptocurrency

The head of New Zealand’s central bank is not a fan of stablecoins. Reserve Bank of New Zealand Governor Adrian Orr voiced concerns about the digital...

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NY AG Alleges $3 Billion Fraud in Updated Crypto Scam Case
NY AG Alleges $3 Billion Fraud in Updated Crypto Scam Case
February 11, 2024  |  Cryptocurrency

New York has expanded what had been a $1 billion lawsuit against three cryptocurrency companies. Now, Attorney General Letitia James is alleging that the fraud scheme carried...

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Digital Asset Startups Adopt Loyalty Programs to Engage Users
Digital Asset Startups Adopt Loyalty Programs to Engage Users
February 08, 2024  |  Cryptocurrency

Digital asset startups are reportedly turning to loyalty points programs as a means to attract and retain users. While the points programs have garnered attention...

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Will Specter of Public Runs and More Regulation Blunt Stablecoins’ Use in Commerce?
Will Specter of Public Runs and More Regulation Blunt Stablecoins’ Use in Commerce?
February 07, 2024  |  Cryptocurrency

Stablecoins need more regulation. Stablecoins might, in some cases, cause runs. And as government officials and financial institutions (through the Bank for International Settlements) sound...

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