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

Tether Says USDT Market Cap Climbs Toward $100 Billion
Tether Says USDT Market Cap Climbs Toward $100 Billion
January 31, 2024  |  Cryptocurrency

Tether, issuer of USDT stablecoin, says its flagship digital asset is worth nearly $100 billion. The company on Wednesday (Jan. 31) released earnings showing that...

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FTX Drops Plans to Resurrect Fallen Crypto Exchange
FTX Drops Plans to Resurrect Fallen Crypto Exchange
January 31, 2024  |  Cryptocurrency

FTX reportedly hopes to pay back as many of its customers as it can. However, the advisers overseeing the cryptocurrency firm’s bankruptcy have no plans to...

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Huobi and OKEx Gain Most Points in Provider Ranking of Crypto Apps
Huobi and OKEx Gain Most Points in Provider Ranking of Crypto Apps
January 31, 2024  |  Cryptocurrency

In the world of digital money, cryptocurrency can get a little confusing. If you need help navigating bitcoin, PYMNTS can guide the way via the...

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Ripple Co-Founder Chris Larsen Reports Personal XRP Accounts Hacked
Ripple Co-Founder Chris Larsen Reports Personal XRP Accounts Hacked
January 31, 2024  |  Cryptocurrency

Ripple Co-founder and Executive Chairman Chris Larsen said Wednesday (Jan. 31) that some of his personal XRP accounts were hacked on Tuesday (Jan. 30). He...

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Transak Joins Visa Direct for Simpler Crypto-to-Fiat Payments
Transak Joins Visa Direct for Simpler Crypto-to-Fiat Payments
January 30, 2024  |  Cryptocurrency

Transak, a Web3 payments infrastructure provider, is now a part of Visa Direct. The partnership, announced Tuesday (Jan. 30), marks “a significant milestone by enabling users...

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PayPal Ventures Makes Stablecoin Investment in Mesh
PayPal Ventures Makes Stablecoin Investment in Mesh
January 29, 2024  |  Investments

PayPal Ventures invested in Mesh, an embedded finance platform for cryptocurrency transfers and payments. The funding was made almost entirely with PayPal USD and marks...

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EU Regulator Proposes New Rules For Foreign Crypto Firms
EU Regulator Proposes New Rules For Foreign Crypto Firms
January 29, 2024  |  Cryptocurrency

A European regulator has proposed new rules for cryptocurrency companies headquartered outside of the bloc. The European Securities and Markets Authority (ESMA) introduced regulations Monday (Jan. 29) that...

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FTX Amasses $4.4 Billion Stockpile as Customers Await Repayment
FTX Amasses $4.4 Billion Stockpile as Customers Await Repayment
January 28, 2024  |  Cryptocurrency

FTX has reportedly been selling crypto assets and stockpiling cash as it looks to repay customers. Those customers’ accounts have been in limbo since the cryptocurrency...

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Bakkt Expands Crypto Trading Capabilities to 5 More Countries
Bakkt Expands Crypto Trading Capabilities to 5 More Countries
January 24, 2024  |  Cryptocurrency

Bakkt has expanded its crypto trading capabilities to Brazil, Guatemala, Spain, Hong Kong and Singapore. This expansion broadens Bakkt’s footprint in Latin America and marks its...

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