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: Digital Currency Projects Underway in 134 Countries
Report: Digital Currency Projects Underway in 134 Countries
September 17, 2024  |  CBDC

New research shows that 134 countries are exploring central bank digital currencies (CBDCs). Those countries account for 98% of the world’s economy, according to findings released Tuesday...

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Chainalysis: India Leads Crypto Adoption Despite Regulatory Pressure
Chainalysis: India Leads Crypto Adoption Despite Regulatory Pressure
September 15, 2024  |  Cryptocurrency

Efforts to regulate the cryptocurrency sector have not hurt India’s adoption of the digital currency. In fact, the country now leads the world on the...

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Bankman-Fried Says ‘Rush to Judgment’ Prevented Fair Trial
Bankman-Fried Says ‘Rush to Judgment’ Prevented Fair Trial
September 15, 2024  |  Cryptocurrency

FTX co-founder Sam Bankman-Fried wants a new trial, arguing a federal judge hamstrung his defense. Attorneys for the disgraced cryptocurrency CEO contend that “everyone rushed...

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eToro Pares Down Crypto Biz in $1.5 Million SEC Settlement
eToro Pares Down Crypto Biz in $1.5 Million SEC Settlement
September 12, 2024  |  Cryptocurrency

Cryptocurrency trading platform eToro has agreed to pay a $1.5 million government settlement. As the U.S. Securities and Exchange Commission (SEC) announced Thursday (Sept. 12), the settlement stems from...

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This Week in Web3: Crypto Scams and Payments Surge
This Week in Web3: Crypto Scams and Payments Surge
September 11, 2024  |  Cryptocurrency

Cryptocurrencies were created to address supposed pain points across the financial system. By decentralizing transaction verification and record-keeping through a distributed ledger, blockchain-based digital assets...

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Singapore’s Stablecoin Payments Approach Record $1 Billion
Singapore’s Stablecoin Payments Approach Record $1 Billion
September 11, 2024  |  Cryptocurrency

Singapore is reportedly growing increasingly fond of stablecoin payments. Payments with the digital assets during the second quarter hit a record high of nearly $1 billion in...

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Caroline Ellison Seeks No Jail Time in FTX Case
Caroline Ellison Seeks No Jail Time in FTX Case
September 11, 2024  |  Legal

Caroline Ellison hopes to avoid prison time for her role in the FTX collapse. Ellison, the former CEO of FTX sister company Alameda Research, should...

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FBI Says 50% of All Financial Fraud Losses Involve Cryptocurrency
FBI Says 50% of All Financial Fraud Losses Involve Cryptocurrency
September 09, 2024  |  Security & Fraud

The number of cryptocurrency-related complaints accounted for 10% of all financial fraud complaints but 50% of the total losses in 2023. That is due in...

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5 States Settle With GSB Group After Investigating Digital Assets Offering
5 States Settle With GSB Group After Investigating Digital Assets Offering
September 09, 2024  |  Security & Fraud

Five states have settled their actions against organizations collectively known as GSB Group and their chairman of the board Josip Heit. This move followed an...

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