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

Crypto Trading Firm Bakkt Expands International Reach
Crypto Trading Firm Bakkt Expands International Reach
August 10, 2023  |  Cryptocurrency

Cryptocurrency company Bakkt Holdings is expanding its reach into five new international markets — Latin America, the United Kingdom, the European Union, Hong Kong and Australia —...

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Microsoft’s CBDC Push Hints at Private Sector’s Role in Shaping Digital Currencies
Microsoft’s CBDC Push Hints at Private Sector’s Role in Shaping Digital Currencies
August 09, 2023  |  CBDC

Central bank digital currencies (CBDC) are on pretty much every central bank’s road map. A full 93% of central banks across the globe are in at...

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HFSC Ranking Member Maxine Waters ‘Deeply Concerned’ About PayPal Stablecoin
HFSC Ranking Member Maxine Waters ‘Deeply Concerned’ About PayPal Stablecoin
August 09, 2023  |  Blockchain

The top Democrat on the House Financial Services Committee (HFSC), Rep. Maxine Waters, said she is “deeply concerned” about PayPal’s decision to launch a stablecoin....

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Coinbase Opens Base Blockchain to General Public
Coinbase Opens Base Blockchain to General Public
August 09, 2023  |  Blockchain

Coinbase is opening its blockchain, Base, to the public on Wednesday (Aug. 9). This general availability launch follows a test phase in which the network...

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Fed to Ratchet Up Oversight Into Banks’ Crypto Activity
Fed to Ratchet Up Oversight Into Banks’ Crypto Activity
August 09, 2023  |  Cryptocurrency

America’s central bank is the latest U.S. regulator to increase cryptocurrency sector oversight. The Federal Reserve Board on Tuesday (Aug. 8) released new information on its plan to supervise...

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Circle Debuts Wallet-as-a-Service Tool for Developers
Circle Debuts Wallet-as-a-Service Tool for Developers
August 08, 2023  |  Cryptocurrency

USDC issuer Circle says it has a way for developers to embed Web3 wallets in their apps. The FinTech on Tuesday (Aug. 8) announced the debut of Programmable Wallets,...

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BitPay and Method Financial Partner on Cryptocurrency Bill Pay Solution
BitPay and Method Financial Partner on Cryptocurrency Bill Pay Solution
August 08, 2023  |  Cryptocurrency

BitPay has launched a Bill Pay solution that enables users to pay their bills with cryptocurrency. Bill Pay allows users to make payments to over 5,000...

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PayPal USD Debuts as Stablecoin’s Role in Commerce Remains Uncertain
PayPal USD Debuts as Stablecoin’s Role in Commerce Remains Uncertain
August 07, 2023  |  Cryptocurrency

PayPal’s introduction of a U.S. dollar-pegged stablecoin opens the door to a wider discussion of where the digital offerings’ place lies within commerce. As has...

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Social Engineering Enabled $37 Million Theft From Crypto Firm CoinsPaid
Social Engineering Enabled $37 Million Theft From Crypto Firm CoinsPaid
August 07, 2023  |  Cryptocurrency

Social engineering enabled the July 22 hacker attack and theft of $37 million from crypto payments provider CoinsPaid. The hackers gained access to an employee’s...

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