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

Bank of Korea to Launch Retail CBDC Pilot Program
Bank of Korea to Launch Retail CBDC Pilot Program
November 30, 2023  |  Cryptocurrency

The Bank of Korea plans to launch a pilot program for its retail central bank digital currency (CBDC) in the fourth quarter of 2024. The program will...

READ MORE >
Robinhood Expands Trading Platform to the UK
Robinhood Expands Trading Platform to the UK
November 30, 2023  |  International

Much like its fictional namesake, trading platform Robinhood is now a part of the United Kingdom. The company marked its international debut Thursday (Nov. 30)...

READ MORE >
SoFi Turns Over Crypto Business to Blockchain.com
SoFi Turns Over Crypto Business to Blockchain.com
November 29, 2023  |  Cryptocurrency

SoFi says it is exiting the cryptocurrency business next month. The digital finance firm has told customers that they will either need to liquidate their accounts or move...

READ MORE >
Binance CEO Richard Teng Plans to Keep Core Team Intact 
Binance CEO Richard Teng Plans to Keep Core Team Intact 
November 29, 2023  |  Cryptocurrency

Binance’s new CEO Richard Teng said he will keep the cryptocurrency exchange’s core team intact as he steers the company through regulatory challenges.  Teng said in a...

READ MORE >
Binance Faces Challenges in SE Asia After $4 Billion US Fine
Binance Faces Challenges in SE Asia After $4 Billion US Fine
November 29, 2023  |  Cryptocurrency

Last week, Binance agreed to pay $4 billion to resolve a Department of Justice investigation. Although that case is in the rearview mirror, the world’s...

READ MORE >
FTX Investors Add MLB and Formula 1 to Class-Action Lawsuit
FTX Investors Add MLB and Formula 1 to Class-Action Lawsuit
November 28, 2023  |  Legal

Investors who lost billions of dollars in the collapse of cryptocurrency exchange FTX have reportedly expanded their legal action to include Major League Baseball (MLB), Formula 1 racing, and Mercedes-Benz...

READ MORE >
Singapore Banking Chief: Private Crypto Has ‘Miserably Failed’
Singapore Banking Chief: Private Crypto Has ‘Miserably Failed’
November 28, 2023  |  Cryptocurrency

We could be witnessing the twilight of private cryptocurrencies, says one of Singapore’s top central bankers. Monetary Authority of Singapore (MAS) Managing Director Ravi Menon argued Tuesday (Nov....

READ MORE >
Crypto Payment Firm ivendPay Unveils NFC-Enabled System
Crypto Payment Firm ivendPay Unveils NFC-Enabled System
November 27, 2023  |  Cryptocurrency

Cryptocurrency payment technology company ivendPay has unveiled a crypto payment system enabled by near-field communication (NFC). By integrating NFC technology with cryptocurrency payments, ivendPay has made...

READ MORE >
Judge Rules Binance Founder Must Remain in US 
Judge Rules Binance Founder Must Remain in US 
November 27, 2023  |  Legal

Changpeng Zhao, the co-founder of cryptocurrency exchange Binance Holdings, is reportedly facing legal restrictions that prevent him from returning to his home in the United Arab...

READ MORE >