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

From Crypto Fame to Courtroom Shame: Bankman-Fried’s Rise, Fall, and Reckoning
From Crypto Fame to Courtroom Shame: Bankman-Fried’s Rise, Fall, and Reckoning
September 26, 2023  |  Legal

The customer claims portal for failed crypto exchange FTX closes this Friday (Sept. 29). Next Tuesday (Oct. 3), Sam Bankman-Fried, the company’s co-founder and former...

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Chase UK to Block Cryptocurrency Transactions Amid Rising Fraud Concerns
Chase UK to Block Cryptocurrency Transactions Amid Rising Fraud Concerns
September 26, 2023  |  Cryptocurrency

Chase UK told customers that it will block them from making cryptocurrency transactions in a bid to protect them from the increasing number of frauds...

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Binance in ‘Do or Die’ Mode as Traders Imagine Life Without Exchange
Binance in ‘Do or Die’ Mode as Traders Imagine Life Without Exchange
September 26, 2023  |  Cryptocurrency

What would happen if the world’s largest cryptocurrency company suddenly collapsed? It’s a question the industry is asking about Binance, The Wall Street Journal reported Tuesday (Sept. 26),...

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Bankman-Fried Makes New Bid for Freedom Before Trial
Bankman-Fried Makes New Bid for Freedom Before Trial
September 26, 2023  |  Legal

FTX founder Sam Bankman-Fried has renewed his bid for bail ahead of his fraud trial. Attorneys for the one-time cryptocurrency wunderkind — who is set to...

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Binance and MUFB Plan to Launch 3 Stablecoins in Japan
Binance and MUFB Plan to Launch 3 Stablecoins in Japan
September 26, 2023  |  Cryptocurrency

Binance is planning to launch three stablecoins in Japan next year. The world’s largest cryptocurrency platform is working with Japan’s Mitsubishi UFJ Trust and Banking...

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Mixin Network Crypto Hackers Swipe $200 Million
Mixin Network Crypto Hackers Swipe $200 Million
September 25, 2023  |  Cryptocurrency

Digital asset transaction network Mixin has halted withdrawals and deposits following a $200 million hack. In a post on Twitter/X Sunday (Sept. 24) night, the company said the attack...

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Coinbase Has Recently Held Talks to Buy FTX Europe: Fortune
Coinbase Has Recently Held Talks to Buy FTX Europe: Fortune
September 24, 2023  |  Cryptocurrency

American cryptocurrency giant Coinbase has reportedly weighed purchasing fellow exchange FTX’s European business. A report Friday (Sept. 22) by Fortune said the move is part of Coinbase’s efforts...

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FTX Lawsuits, Pressure Aim to Claw Back Billions
FTX Lawsuits, Pressure Aim to Claw Back Billions
September 22, 2023  |  Legal

FTX is using legal action against various parties and other methods as part of its asset recovery efforts. Led by Chief Executive and Restructuring Officer...

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Judge Says No Get Out of Jail Free Card for Bankman-Fried
Judge Says No Get Out of Jail Free Card for Bankman-Fried
September 21, 2023  |  Cryptocurrency

Sam Bankman-Fried, is facing a series of setbacks as he prepares for his upcoming fraud trial. The FTX founder’s request to be released from jail...

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