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 Tops $45K for First Time Since April 2022
Bitcoin Tops $45K for First Time Since April 2022
January 02, 2024  |  Cryptocurrency

Bitcoin rang in 2024 with its price above $45,000 for the first time since April 2022. As Reuters noted in a report Tuesday (Jan. 2),...

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Bankman-Fried Prosecutors Call Off Second Trial
Bankman-Fried Prosecutors Call Off Second Trial
January 02, 2024  |  Legal

Disgraced cryptocurrency wunderkind Sam Bankman-Fried will not face another criminal trial. The FTX founder, already convicted on fraud and conspiracy charges connected to the collapse of his...

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Cryptocurrency App Ranking Sees Binance on Top Once Again
Cryptocurrency App Ranking Sees Binance on Top Once Again
December 29, 2023  |  Cryptocurrency

As the new year begins, those who are interested in cryptocurrency have a wide array of apps to choose from to help them navigate the...

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Binance Leads Provider Ranking of Cryptocurrency Wallets Into the New Year
Binance Leads Provider Ranking of Cryptocurrency Wallets Into the New Year
December 29, 2023  |  Crypto Wallet

If your New Year’s resolution for 2024 is to get into cryptocurrency, PYMNTS’ Provider Ranking of Cryptocurrency Wallets is here to help. Each month, PYMNTS...

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Binance Reports 30% User Growth Amid Regulatory Troubles
Binance Reports 30% User Growth Amid Regulatory Troubles
December 28, 2023  |  Cryptocurrency

Binance’s ongoing legal and regulatory troubles apparently haven’t hurt its growth. The world’s largest cryptocurrency exchange saw its user base grow by 30% during 2023 with the addition...

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India to Block 9 Offshore Virtual Digital Asset Service Providers
India to Block 9 Offshore Virtual Digital Asset Service Providers
December 28, 2023  |  Cryptocurrency

The Financial Intelligence Unit India (FIU IND) aims to block the URLs of nine offshore virtual digital asset service providers (VDA SPs). The regulator has...

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SEC’s ‘Forever War’ on Crypto Enters Year 7
SEC’s ‘Forever War’ on Crypto Enters Year 7
December 28, 2023  |  Cryptocurrency

Next year marks the seventh year of the SEC’s battle to regulate cryptocurrencies. The Wall Street Journal describes the Securities and Exchange Commission’s (SEC) campaign to rein...

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Central Bank of Nigeria Lifts Ban on Transacting in Crypto
Central Bank of Nigeria Lifts Ban on Transacting in Crypto
December 27, 2023  |  Cryptocurrency

The Central Bank of Nigeria (CBN) has lifted a ban on transacting in cryptocurrencies. At the same time, the bank said there is a need to...

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Binance Founder’s Fortune Ballooned by $25 Billion in 2023
Binance Founder’s Fortune Ballooned by $25 Billion in 2023
December 26, 2023  |  Cryptocurrency

Despite a turbulent year for his company, Binance’s founder is ending 2023 $25 billion richer. Changpeng “CZ” Zhao’s net worth is now an estimated $37 billion, putting...

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