Cryptocurrency

A 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)

Cryptocurrency
US Prosecutors Investigating FTX Role in TerraUSD and Luna Fall 
December 07, 2022

Prosecutors are reportedly investigating whether FTX was involved in the collapse of TerraUSD and Luna.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Cryptocurrency
Judge: Celsius Must Refund $50M to Users
December 07, 2022

A judge has ordered Celsius Network to return cryptocurrency in custody accounts to customers.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Cryptocurrency
Canadian Pension Fund Eyed Crypto and Said Never Mind
December 07, 2022

Canadian pension fund CPP Investments has reportedly stopped any consideration of investments in cryptocurrency.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Cryptocurrency
ECB Board Member Says Crypto is ‘House of Cards’ 
December 07, 2022

Regulation and a better alternative are the answers to the current turmoil in the crypto market.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Cryptocurrency
Auditors Say Binance Has Proper Bitcoin Reserves
December 07, 2022

Auditors working for crypto giant Binance say the company holds enough bitcoin as collateral. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Cryptocurrency
New Kraken CEO Says Alleged Fraud Was Committed at FTX
December 07, 2022

The incoming CEO of crypto exchange Kraken says FTX founder Sam Bankman-Fried is an alleged “fraudster.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Cryptocurrency
SBF Taps Ghislaine Maxwell Attorney in FTX Case
December 07, 2022

FTX founder Sam Bankman-Fried hired a top New York defense lawyer to represent him. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Cryptocurrency
Signature Bank Tries to Distance Itself From Crypto
December 06, 2022

Signature Bank is reportedly reducing its cryptocurrency exposure after having courted the industry.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Cryptocurrency
US House Committee Probes If Rep. Cawthorn Improperly Promoted Crypto
December 06, 2022

A House committee found “substantial evidence” that Rep. Madison Cawthorn, R-N.C., improperly promoted a cryptocurrency.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...