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

Report: Blockchain Company R3 Lays Off 20% of Staff
Report: Blockchain Company R3 Lays Off 20% of Staff
September 14, 2023  |  Blockchain

R3, a prominent blockchain company in the finance industry, has reportedly laid off one-fifth of its workforce. The company eliminated positions across different functions and...

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Report: Binance.US Executives Exit Amid SEC Lawsuit
Report: Binance.US Executives Exit Amid SEC Lawsuit
September 14, 2023  |  Cryptocurrency

Binance.US, the American arm of cryptocurrency exchange Binance, is reportedly dealing with the departure of key legal and risk executives. Krishna Juvvadi, head of legal,...

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Crypto-Trading Firm Genesis Halts International Spot and Derivatives Trading
Crypto-Trading Firm Genesis Halts International Spot and Derivatives Trading
September 14, 2023  |  Cryptocurrency

Cryptocurrency-trading business Genesis has stopped all its trading operations.  The company is closing its international spot and derivates trading operation, after shutting down its U.S....

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Circle Helps Grab Users Open Web3 Wallets
Circle Helps Grab Users Open Web3 Wallets
September 14, 2023  |  Crypto Wallet

Circle has added its Web3 platform to Singapore-based Grab’s super app. The integration is available as the Grab Web3 Wallet and lets Singapore-based users set...

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Taurus and Deutsche Bank Partner on Digital Asset Services
Taurus and Deutsche Bank Partner on Digital Asset Services
September 14, 2023  |  Partnerships

Taurus, a provider of digital asset infrastructure, and Deutsche Bank have entered into a global partnership. The collaboration aims to support Deutsche Bank’s digital asset...

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Binance CEO: FTX Collapse Made Singapore Cautious About Crypto
Binance CEO: FTX Collapse Made Singapore Cautious About Crypto
September 14, 2023  |  Cryptocurrency

The downfall of FTX changed Singapore’s attitude toward cryptocurrency, Binance CEO Changpeng Zhao said Thursday (Sept. 14). The island grew more reticent about the digital...

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FTX Receives Court Approval to Sell Crypto to Repay Customers
FTX Receives Court Approval to Sell Crypto to Repay Customers
September 13, 2023  |  Cryptocurrency

FTX has been granted court approval to sell its cryptocurrency assets to repay customers in U.S. dollars. The decision, made Wednesday (Sept. 13) by U.S....

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Binance.US Cuts Third of Workforce as CEO Departs
Binance.US Cuts Third of Workforce as CEO Departs
September 13, 2023  |  Personnel

The head of Binance.US has reportedly left the cryptocurrency company. Brian Shroder, who had been the exchange’s CEO since 2021, has resigned, the Wall Street...

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PayPal to Simplify Crypto Payments for Web3 Merchants
PayPal to Simplify Crypto Payments for Web3 Merchants
September 12, 2023  |  Cryptocurrency

PayPal is aiming to make it easier for Web3 users to buy and sell cryptocurrency. The company is simplifying how wallets, decentralized applications (dApps) and...

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