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 Challenges Coinbase’s Reliance on Ripple Ruling
SEC Challenges Coinbase’s Reliance on Ripple Ruling
October 03, 2023  |  Cryptocurrency

A Securities and Exchange Commission (SEC) filing in its case against Coinbase Global has reportedly raised questions about a previous ruling in a case against Ripple. The issue arose as...

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Witnesses Are Set, Jury Isn’t for Sam Bankman-Fried’s Criminal Trial
Witnesses Are Set, Jury Isn’t for Sam Bankman-Fried’s Criminal Trial
October 03, 2023  |  Legal

It is the first day of the rest of FTX co-founder Sam Bankman-Fried’s life. And he even looks a little different. The one-time paper billionaire...

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Liquidity in Digital Asset Market Remains Low
Liquidity in Digital Asset Market Remains Low
October 03, 2023  |  Cryptocurrency

The liquidity in the digital asset market is reportedly about half of what it was at the time the crypto exchange FTX collapsed about a...

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Chainalysis Reduces Workforce 15% ‘Due to Market Conditions’
Chainalysis Reduces Workforce 15% ‘Due to Market Conditions’
October 03, 2023  |  Personnel

Blockchain analytics firm Chainalysis made a 15% reduction in its workforce. The move came in response to market conditions, the company said in a statement...

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Bankman-Fried’s Defense Seeks to Block Prosecutors From Calling FTX Witnesses
Bankman-Fried’s Defense Seeks to Block Prosecutors From Calling FTX Witnesses
October 03, 2023  |  Legal

The criminal trial of FTX founder Sam Bankman-Fried started Tuesday (Oct. 3). Things kicked off at 9:30 a.m. at a Lower Manhattan federal court with...

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Celsius Network Seeks Court Approval for Bankruptcy Exit Plan
Celsius Network Seeks Court Approval for Bankruptcy Exit Plan
October 03, 2023  |  Cryptocurrency

Celsius Network is reportedly seeking court approval on a bankruptcy exit plan that would allow it to restart as a user-owned bitcoin miner. The failed...

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Do Bankman-Fried Jurors Need Crypto Knowledge to Decide Case?
Do Bankman-Fried Jurors Need Crypto Knowledge to Decide Case?
October 03, 2023  |  Legal

Jurors in FTX founder Sam Bankman-Fried’s trial may not be familiar with cryptocurrencies. And as The Wall Street Journal (WSJ) reported Tuesday (Oct. 3), that lack of knowledge...

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FTX’s Sam Bankman-Fried Rose and Fell, Now Comes His Reckoning 
FTX’s Sam Bankman-Fried Rose and Fell, Now Comes His Reckoning 
October 02, 2023  |  Legal

It took around five days for the cryptocurrency exchange FTX to implode last November. It will take around five or six weeks for the founder...

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Coinbase and Binance Remain at Top of Crypto App Provider Ranking
Coinbase and Binance Remain at Top of Crypto App Provider Ranking
October 02, 2023  |  Cryptocurrency

This month’s edition of PYMNTS’ Provider Rankings of Cryptocurrency Apps reflects leaps from Bybit, Huobi and Bitpay. The top spots remain consistent, but who knows...

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