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

NFT Weekly: China’s Tencent, Minecraft Leave the Game

NFT Weekly: China’s Tencent, Minecraft Leave the Game
NFT Weekly: China’s Tencent, Minecraft Leave the Game
July 26, 2022  |  NFTs

Even with cryptocurrencies banned in China, some of the top retailers held fast on non-fungible tokens (NFTs), which weren’t quite covered by the law, although...

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Financial Firms Increasingly Victimized by ‘Cryptojacking’ Attacks
Financial Firms Increasingly Victimized by ‘Cryptojacking’ Attacks
July 26, 2022  |  Cybersecurity

Financial firms — including banks and trading houses — are becoming increasingly victimized in attacks where hackers aim to use their computer systems to mine...

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CFTC’s Chair: Crypto and DeFi Have Outgrown Sandbox
CFTC’s Chair: Crypto and DeFi Have Outgrown Sandbox
July 26, 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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Some Central Bankers Signal Support for Private Sector Digital Currencies Over CBDCs
Some Central Bankers Signal Support for Private Sector Digital Currencies Over CBDCs
July 26, 2022  |  CBDC

Conventional wisdom holds that, as digital currencies continue to evolve and as bitcoin and its brethren joust with the traditional banking system, central banks would...

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Why a Senate Bill’s $50 Tax Exemption Won’t Boost Crypto Spending
Why a Senate Bill’s $50 Tax Exemption Won’t Boost Crypto Spending
July 26, 2022  |  Cryptocurrency

A pair of U.S. senators have introduced a bipartisan bill to exempt low-value cryptocurrency transactions from capital gains tax reporting requirements. Get the Full Story...

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Ripple Partners With FOMO Pay to Improve Treasury Management
Ripple Partners With FOMO Pay to Improve Treasury Management
July 26, 2022  |  Partnerships

Singapore-based payment solution provider FOMO Pay has teamed up with Ripple to use the company’s cryptocurrency-powered technology to improve cross-border treasury flows, according to a...

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SEC Turns Up the Heat on Coinbase
SEC Turns Up the Heat on Coinbase
July 26, 2022  |  Cryptocurrency

Less than a week after the U.S. Department of Justice (DOJ) hit a former Coinbase manager and two associates with insider trading charges, the U.S....

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Titanium Blockchain CEO Pleads Guilty in $21M Crypto Fraud Case
Titanium Blockchain CEO Pleads Guilty in $21M Crypto Fraud Case
July 25, 2022  |  Legal & Regulation

Titanium Blockchain Infrastructure’s (TBIS) CEO, Michael Alan Stollery, pleaded guilty Friday (July 22) for his role in a crypto fraud scheme in which he used...

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