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

Bitcoin Falls Amid Investor Profit-Taking After Recent High 
Bitcoin Falls Amid Investor Profit-Taking After Recent High 
January 23, 2024  |  Bitcoin

Bitcoin continued its recent decline, falling below $39,000 on Tuesday.  This marks the world’s largest cryptocurrency’s lowest level since December and comes after a 2.5%...

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Report: Figure Aims to Offer Regulated, Interest-Bearing Stablecoin
Report: Figure Aims to Offer Regulated, Interest-Bearing Stablecoin
January 22, 2024  |  Cryptocurrency

Blockchain and lending startup Figure Technologies is reportedly seeking approval from U.S. regulators to issue an interest-bearing stablecoin. If approved, this move would establish a new class...

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Terraform Labs Files for Bankruptcy
Terraform Labs Files for Bankruptcy
January 22, 2024  |  Cryptocurrency

Terraform Labs, whose collapse triggered a wider cryptocurrency market earthquake, has filed for bankruptcy. The Singapore-based digital asset company filed for Chapter 11 in Delaware Sunday (Jan....

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Report: Dismissal of SEC Lawsuit Against Coinbase Could Be Decided by Spring
Report: Dismissal of SEC Lawsuit Against Coinbase Could Be Decided by Spring
January 21, 2024  |  Cryptocurrency

The SEC’s suit against Coinbase could be decided in the next three months. The Securities and Exchange Commission (SEC) sued the cryptocurrency firm last year, and Coinbase went...

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Court Orders Independent Bankruptcy Examiner to Investigate FTX Collapse 
Court Orders Independent Bankruptcy Examiner to Investigate FTX Collapse 
January 19, 2024  |  Legal

A federal appeals court has ordered an investigation into the collapse of bankrupt cryptocurrency exchange FTX.  The court agreed with a government watchdog’s argument that appointing...

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Binance to Seek Dismissal of SEC Lawsuit
Binance to Seek Dismissal of SEC Lawsuit
January 19, 2024  |  Cryptocurrency

Cryptocurrency exchange Binance is scheduled to go head-to-head with the Securities and Exchange Commission (SEC) on Monday (Jan. 22).  Binance had previously sought the dismissal of the SEC’s lawsuit...

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ChainGPT Introduces AI-Powered Crypto Trading Platform
ChainGPT Introduces AI-Powered Crypto Trading Platform
January 19, 2024  |  Cryptocurrency

ChainGPT, an artificial intelligence (AI)-powered Web3 infrastructure provider, has unveiled a platform that brings AI-powered auto-trading to the world of cryptocurrencies. This launch of the...

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Stablecoins Gain Ground With Fraudsters Looking to Move Beyond Bitcoin
Stablecoins Gain Ground With Fraudsters Looking to Move Beyond Bitcoin
January 18, 2024  |  Cryptocurrency

Stablecoins have held the promise of serving as a link between the cryptocurrency realm and traditional financial services. Turns out that nowadays, the digital holdings...

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Binance Records $4.6 Billion in Inflows Following US Government Settlement
Binance Records $4.6 Billion in Inflows Following US Government Settlement
January 18, 2024  |  Cryptocurrency

Last November, Binance paid a landmark $4.3 billion settlement to the U.S. government. Since then, the world’s largest cryptocurrency exchange has recorded net inflows of $4.6 billion, Bloomberg...

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