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

PayPal Shares Soar in Response to Leaner Company Strategy
PayPal Shares Soar in Response to Leaner Company Strategy
November 02, 2023  |  Earnings

PayPal reportedly experienced an increase in market value after committing to become a “leaner” company. The global payments giant’s shares climbed almost 7% to $55.12...

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PayPal Subpoenaed by SEC Over Stablecoins
PayPal Subpoenaed by SEC Over Stablecoins
November 02, 2023  |  Regulation

PayPal’s new stablecoin offering has caught the attention of regulators. The payments giant said in a regulatory filing Thursday (Nov. 2) that it had received...

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Bankman-Fried Trial: ‘Follow the Evidence, He Lied,’ Prosecution Tells Jury 
Bankman-Fried Trial: ‘Follow the Evidence, He Lied,’ Prosecution Tells Jury 
November 01, 2023  |  Legal

House of cards, web of lies, and now “pyramid of deceit.” Those are all terms used to describe Sam Bankman-Fried’s multibillion-dollar FTX crypto empire, the...

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Prosecutors and Defense Present Closing Arguments in Sam Bankman-Fried Trial
Prosecutors and Defense Present Closing Arguments in Sam Bankman-Fried Trial
November 01, 2023  |  Legal

Prosecutors and defense attorneys presented contrasting narratives of Sam Bankman-Fried’s alleged involvement in fraud and money-laundering offenses Wednesday (Nov. 1). They did so while presenting...

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Coinbase Opens Crypto Futures Trading to More Retail Customers
Coinbase Opens Crypto Futures Trading to More Retail Customers
November 01, 2023  |  Cryptocurrency

Coinbase said American customers can now trade leveraged cryptocurrency futures on Coinbase Financial Markets (CFM). CFM won approval earlier this year to bring federally regulated...

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PayPal Gets Approval to Offer Crypto-Asset Activities in UK
PayPal Gets Approval to Offer Crypto-Asset Activities in UK
November 01, 2023  |  Digital-First Banking

PayPal received approval from the Financial Conduct Authority (FCA) on Tuesday (Oct. 31) to offer crypto-asset activities in the United Kingdom. The FCA has implemented stricter rules on marketing crypto...

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Bitcoin Surges to 17-Month High Before Retreating
Bitcoin Surges to 17-Month High Before Retreating
November 01, 2023  |  Bitcoin

Bitcoin experienced a brief surge to a fresh 17-month high Wednesday (Nov. 1) before retreating from the $35,000 mark.  The cryptocurrency jumped around 1.5% to...

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Of Alameda and Amnesia: Sam Bankman-Fried’s Final Day of Testimony
Of Alameda and Amnesia: Sam Bankman-Fried’s Final Day of Testimony
October 31, 2023  |  Legal

Sam Bankman-Fried has gone from the smartest one in the room to the most forgetful. This, as the 31-year-old cryptocurrency entrepreneur accused of orchestrating one...

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Bankman-Fried Gets Last Chance to Plead His Case
Bankman-Fried Gets Last Chance to Plead His Case
October 31, 2023  |  Legal

Sam Bankman-Fried is set to wrap his testimony in his federal fraud trial Tuesday (Oct. 31). And as a report by CNBC notes, this will mark the FTX founder’s...

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