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

BlockFi Halts Withdrawals in FTX Fallout

BlockFi Halts Withdrawals in FTX Fallout
BlockFi Halts Withdrawals in FTX Fallout
November 11, 2022  |  Cryptocurrency

In the first major collateral casualty of the collapse of FTX, BlockFi announced via a tweet in the early hours of Friday (Nov. 11) morning...

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FinTech IPO Index Leaps 8.9% Thursday but Upstart Signals Tough Times Ahead
FinTech IPO Index Leaps 8.9% Thursday but Upstart Signals Tough Times Ahead
November 11, 2022  |  Investments

As impressive as Thursday’s (Nov. 10) historic market advance was — including the 8.9% jump in the FinTech IPO Index — a one-day rally does...

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Coinbase Cuts 60 in Recruiting and Onboarding Teams
Coinbase Cuts 60 in Recruiting and Onboarding Teams
November 10, 2022  |  Cryptocurrency

After making job cuts that totaled 18% of its full-time workforce in June, cryptocurrency exchange Coinbase has announced another 60 layoffs.  Get the Full Story...

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Cracks Appear in Regulation as EU Delays MiCA
Cracks Appear in Regulation as EU Delays MiCA
November 10, 2022  |  Cryptocurrency

What a difference a week makes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Rep. Waters: FTX.com Collapse Highlights ‘Urgent Need for Legislation’
Rep. Waters: FTX.com Collapse Highlights ‘Urgent Need for Legislation’
November 10, 2022  |  Legal & Regulation

The recent news around cryptocurrency exchange FTX.com has highlighted the need for legislation to protect consumers, Congresswoman Maxine Waters, chairwoman of the House Financial Services...

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FTX Searching for $9.4 Billion Investment to Avoid Bankruptcy
FTX Searching for $9.4 Billion Investment to Avoid Bankruptcy
November 10, 2022  |  Cryptocurrency

In the wake of the collapse of Binance’s buyout of crypto trading competitor FTX, FTX’s CEO Sam Bankman-Fried has begun the search for new major...

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CFPB: Frauds and Scams Make up 40% of Crypto Complaints
CFPB: Frauds and Scams Make up 40% of Crypto Complaints
November 10, 2022  |  Cybersecurity

They call it “pig butchering.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Crypto Execs Call For Clearer Regulations in Wake of FTX Collapse
Crypto Execs Call For Clearer Regulations in Wake of FTX Collapse
November 10, 2022  |  Cryptocurrency

The heads of three high-profile cryptocurrency companies say the U.S. lacks a clear set of regulations for their industry, which is why most trading happens...

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