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

New York Fed Says Stablecoins Pose Threat to Financial System

New York Fed Says Stablecoins Pose Threat to Financial System
New York Fed Says Stablecoins Pose Threat to Financial System
October 03, 2022  |  Cryptocurrency

The volatility of digital assets has been largely confined to the digital ecosystem and has had little effect on the traditional financial system. Get the...

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Retail Transactions Boost Crypto Adoption in Sub-Saharan Africa
Retail Transactions Boost Crypto Adoption in Sub-Saharan Africa
October 03, 2022  |  Cryptocurrency

A recent analysis of global cryptocurrency transactions by Chainalysis sheds light on the unique nature of Sub-Saharan Africa’s crypto market, which represented just 2% of...

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Eco, Zero Hash Team to Offer USDC Financial Services
Eco, Zero Hash Team to Offer USDC Financial Services
October 03, 2022  |  Cryptocurrency

Consumer finance app Eco has joined forces with Zero Hash — a crypto-as-a-service infrastructure provider — to offer stablecoin-powered financial services to customers. Get the...

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Coinbase Payments Outage Compounds Crypto Market’s Confidence Challenge
Coinbase Payments Outage Compounds Crypto Market’s Confidence Challenge
October 03, 2022  |  Cryptocurrency

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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SEC Sounds Alarm on Crypto Endorsements With $1.3M Kim Kardashian Fine
SEC Sounds Alarm on Crypto Endorsements With $1.3M Kim Kardashian Fine
October 03, 2022  |  Cryptocurrency

The Securities and Exchange Commission’s celebrity crypto touting campaign reached the A-list on Monday (Oct. 3), as Kim Kardashian agreed to a $1.26 million fine....

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SEC Hits Kim Kardashian With $1.26M Fine for Crypto IG Posts
SEC Hits Kim Kardashian With $1.26M Fine for Crypto IG Posts
October 03, 2022  |  Cybersecurity

Reality star and social media influencer Kim Kardashian was fined $1.26 million by the Securities and Exchange Commission (SEC) for failing to mention that she...

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Today in Crypto: Eco to Convert Balances From Dollars to USDC; Crypto Neobank Juno Raises $18M
Today in Crypto: Eco to Convert Balances From Dollars to USDC; Crypto Neobank Juno Raises...
October 02, 2022  |  Cryptocurrency

Eco, a FinTech savings and spending app, plans to convert its users account balances to a U.S. digital currency that then will be Zero Hash,...

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Celsius Founder Reportedly Withdrew $10M in Weeks Before Bankruptcy
Celsius Founder Reportedly Withdrew $10M in Weeks Before Bankruptcy
October 02, 2022  |  Cryptocurrency

Celsius Network founder Alex Mashinsky withdrew $10 million from the cryptocurrency lender in the weeks before the company froze customer accounts and unraveled on its...

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