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

Binance and Trust Battle for No.1 in Cryptocurrency Wallet Provider Ranking
Binance and Trust Battle for No.1 in Cryptocurrency Wallet Provider Ranking
October 02, 2023  |  Crypto Wallet

In this edition of PYMNTS’ Provider Rankings of Cryptocurrency Wallets, a few apps leap to new rankings, and a few apps fall short. Blockchain Wallet,...

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Bankman-Fried’s Friends May Be Key to Criminal Trial
Bankman-Fried’s Friends May Be Key to Criminal Trial
October 02, 2023  |  Legal

While the U.S. Department of Justice (DOJ) has precluded the testimony of all of accused crypto fraudster Sam Bankman-Fried’s seven witnesses in his imminent trial,...

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Coinbase Gets Payments License in ‘Priority Market’ of Singapore
Coinbase Gets Payments License in ‘Priority Market’ of Singapore
October 02, 2023  |  Cryptocurrency

Cryptocurrency giant Coinbase has received a payments license from Singapore’s central bank. The license from the Monetary Authority of Singapore (MAS) will let Coinbase provide...

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Report: Bankman-Fried’s Alleged Victims Still Believe in Crypto
Report: Bankman-Fried’s Alleged Victims Still Believe in Crypto
October 02, 2023  |  Cryptocurrency

Despite losing millions when FTX collapsed, some investors still believe in the promise of cryptocurrency. As CNBC reported Monday (Oct. 2) — in advance of a documentary on the...

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$4 Million in Crypto Swiped in FTX Hack Resurfaces
$4 Million in Crypto Swiped in FTX Hack Resurfaces
October 01, 2023  |  Cryptocurrency

Roughly $4 million in cryptocurrency stolen from FTX last year is reportedly back in circulation. As Coindesk reported, blockchain data shows that around 2,500 ether tied to an...

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DOJ Plans to Call FTX Customers and Investors in SBF Trial
DOJ Plans to Call FTX Customers and Investors in SBF Trial
October 01, 2023  |  Legal

When Sam Bankman-Fried heads to trial, his former customers will likely testify against him. Bankman-Fried, founder of the bankrupt cryptocurrency exchange FTX, will go on trial...

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Circle Says Stablecoins Are Not Securities in SEC Case Against Binance
Circle Says Stablecoins Are Not Securities in SEC Case Against Binance
September 29, 2023  |  Cryptocurrency

Circle, the issuer of the USDC stablecoin, has reportedly filed a brief in the Securities and Exchange Commission’s (SEC) case against Binance, one of the...

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Ripple Pulls Out of Fortress Trust Acquisition
Ripple Pulls Out of Fortress Trust Acquisition
September 29, 2023  |  Acquisitions

Cryptocurrency company Ripple is not moving ahead with its previously announced plans to acquire custodian Fortress Trust. “A few weeks ago, we signed a letter of...

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Coinbase CEO Criticizes Chase UK Ban on Crypto Transactions
Coinbase CEO Criticizes Chase UK Ban on Crypto Transactions
September 29, 2023  |  Cryptocurrency

Coinbase CEO Brian Armstrong has reportedly criticized J.P. Morgan Chase’s decision to block crypto-related transactions in its U.K. digital banking subsidiary, Chase UK. Armstrong said that private companies should not...

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