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

Crypto Deposits Pose ‘Heightened Liquidity Risks’ for Banks: Fed’s Barr

Crypto Deposits Pose ‘Heightened Liquidity Risks’ for Banks: Fed’s Barr
Crypto Deposits Pose ‘Heightened Liquidity Risks’ for Banks: Fed’s Barr
October 12, 2022  |  Cryptocurrency

Recent volatility in cryptocurrency markets has put a spotlight on some potential risks for banks, the Federal Reserve’s Michael S. Barr said in a speech...

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Crypto Whale Pilfers $100M From Solana DeFi Platform Mango 
Crypto Whale Pilfers $100M From Solana DeFi Platform Mango 
October 12, 2022  |  Cryptocurrency

A crypto fraudster took off with an estimated $100 million after manipulating the token price of Mango using two accounts funded with the stablecoin USD...

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ECB Study Notes Challenges For Stablecoin Acceptance
ECB Study Notes Challenges For Stablecoin Acceptance
October 11, 2022  |  CBDC

A new study from the European Central Bank (ECB) has found that retail central bank digital currencies (rCBDCs), which could be used to allow for...

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Today in Crypto: Crypto Startup Funding Drops 37% in Q3 YOY; Ark Investment Stands by Bitcoin $1M Prediction
Today in Crypto: Crypto Startup Funding Drops 37% in Q3 YOY; Ark Investment Stands by...
October 11, 2022  |  Cryptocurrency

Ripple has announced its first On-Demand Liquidity (ODL) customer in France as it teams with Parisian payment provider Lemonway, a press release said. Get the...

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Protecting Kids From Metaverse Marketing Is No Game
Protecting Kids From Metaverse Marketing Is No Game
October 11, 2022  |  Metaverse

Regulators in the U.S., the U.K. and the EU have each recently called for a crackdown on digital ads targeting kids, blaming big tech for...

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Select BNY Mellon Customers Can Now Deposit Bitcoin, Ether
Select BNY Mellon Customers Can Now Deposit Bitcoin, Ether
October 11, 2022  |  Cryptocurrency

The biggest bank in the country and the first of the larger financial institutions in the U.S. is now accepting cryptocurrency deposits for bitcoin and...

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OCC Chief Michael J. Hsu Says Regulators Must Monitor 3 Risks of Crypto
OCC Chief Michael J. Hsu Says Regulators Must Monitor 3 Risks of Crypto
October 11, 2022  |  Cryptocurrency

Months of turbulence in the cryptocurrency industry have made it clear that financial regulators must be cautious about how they allow crypto and the traditional...

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BNY Mellon Leads Big Banks Into Crypto Custody
BNY Mellon Leads Big Banks Into Crypto Custody
October 11, 2022  |  Cryptocurrency

Bank of New York Mellon announced that it is offering cryptocurrency custody services for clients, bringing digital assets into the fold alongside the trillions of...

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