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

SEC’s Gensler Cautions $2T Crypto Space Needs Oversight for Survival
SEC’s Gensler Cautions $2T Crypto Space Needs Oversight for Survival
September 01, 2021  |  Regulation

The $2.1 trillion cryptocurrency trading space has grown so large so fast that it’s too big to survive without regulatory oversight, Securities and Exchange Commission...

READ MORE >
BitPay CEO’s Crypto Prescription for New Regs: Go ‘Carefully And Cautiously’
BitPay CEO’s Crypto Prescription for New Regs: Go ‘Carefully And Cautiously’
September 01, 2021  |  Cryptocurrency

The initial design of bitcoin was to be a payment method, a unit of currency. Along the way in the decade-plus since its creation by...

READ MORE >
Bitcoin Daily: Genesis Digital Assets Buys 20,000 Bitcoin Mining Machines; El Salvador Approves More BTC to Dollar Conversions
Bitcoin Daily: Genesis Digital Assets Buys 20,000 Bitcoin Mining Machines; El Salvador Approves More BTC...
August 31, 2021  |  Bitcoin

Genesis Digital Assets, a bitcoin mining company, has set out to purchase 20,000 new bitcoin mining systems from Canaan, a blockchain hardware giant, according to...

READ MORE >
Railsbank, Status Money Partner On Crypto Investment Card
Railsbank, Status Money Partner On Crypto Investment Card
August 31, 2021  |  Cryptocurrency

The embedded finance platform Railsbank is working with the personal finance company Status Money to launch a cash-back credit card that invests rewards in cryptocurrency....

READ MORE >
Crypto Wallet MetaMask Surpasses 10M Monthly Active Users
Crypto Wallet MetaMask Surpasses 10M Monthly Active Users
August 31, 2021  |  Cryptocurrency

The blockchain technology company ConsenSys announced on Tuesday (Aug. 31) that its MetaMask cryptocurrency wallet has surpassed 10 million monthly active users. This milestone marks...

READ MORE >
Crypto Exchange Bilaxy Loses $21M in Hack
Crypto Exchange Bilaxy Loses $21M in Hack
August 31, 2021  |  Cryptocurrency

 Hong Kong cryptocurrency exchange Bilaxy was the victim of a hack that compromised a hot wallet on its platform and saw the transfer of 295...

READ MORE >
Bitcoin Daily: Crypto Is Not Currency, Says South Africa’s Central Bank Governor; Subprime Mortgage Billionaire John Paulson Says Crypto Will Be Worthless
Bitcoin Daily: Crypto Is Not Currency, Says South Africa’s Central Bank Governor; Subprime Mortgage Billionaire...
August 31, 2021  |  Bitcoin

Reactions to cryptocurrencies have been mixed across the world. While countries like El Salvador have embraced bitcoin and classified the marquee cryptocurrency as legal currency,...

READ MORE >
‘Crypto Is Not Currency’, Says South Africa’s Central Bank Governor
‘Crypto Is Not Currency’, Says South Africa’s Central Bank Governor
August 30, 2021  |  Cryptocurrency

Reactions to cryptocurrencies have been mixed across the world. While countries like El Salvador have embraced bitcoin and classified the marquee cryptocurrency as legal currency,...

READ MORE >
Nigeria’s Central Bank Announces Plans to Launch Digital Currency
Nigeria’s Central Bank Announces Plans to Launch Digital Currency
August 30, 2021  |  Cryptocurrency

The Central Bank of Nigeria (CBN) has reportedly sent a document to banks in the country detailing the design of its soon-to-be launched e-naira digital...

READ MORE >