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
Today in Crypto: Actor Bill Murray Loses $185K in Crypto After Hack; Georgian Coinbase Users...
September 04, 2022

Coinbase users in the Eastern European country of Georgia have reportedly been exploiting a price bug to cash out holdings for 100 times the exchange rate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
El Salvador Weekly: One Year on, Bitcoin-as-Legal-Tender Is on the Ropes
September 04, 2022

El Salvador’s experiment to make bitcoin a legal tender alongside the dollar is rapidly approaching its one-year anniversary on Sept. 7, and the endeavor has not been one of President Nayib Bukele’s great successes. Get the Full Story Complete the form to unlock this article...

Cryptocurrency
Building a Metaverse World with a Real-World Economy
September 02, 2022

When Kevin Beauregard talks about the economy of his forthcoming racing game, ExoGP, the CEO of gaming developer Atmos Labs wants to talk about ownership, not earning. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency
Lawsuits Show Crypto KYC Can Help Recover Losses
September 02, 2022

One of the biggest issues virtually all crypto regulations seek to fix is the need to identify the parties in every transaction, which is difficult given that blockchain technology is specifically designed to be “trustless” in a way that allows owners and sellers to hide...

Cryptocurrency
Study Shows Paycheck-to-Paycheck Consumers Most Willing to Invest in Crypto
September 02, 2022

People having difficulty living paycheck-to-paycheck have 50% more cryptocurrency in their portfolios as people who do not live that way. 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...

Cryptocurrency
Andreessen Horowitz Leads Licensing Charge to Protect NFT Market
September 02, 2022

The ownership rights transferred with many nonfungible token (NFT) collections are so vague and poorly written that the finality of any transaction involving them, along with any certainty about what rights were transferred, is often left in doubt. Get the Full Story Complete the form...

Cryptocurrency
Sports Sponsorships Still in Play for Crypto Firms
September 02, 2022

While the cryptocurrency fallout has triggered a wave of repercussions across multiple industries, the sports sector is still hanging on to sponsorships even if some of the bigger names in digital assets have pulled out of deals. Get the Full Story Complete the form to...

Cryptocurrency
EU Lawmaker Says MiCA Crypto Law Could Be Ready in October
September 01, 2022

The text for the EU’s Markets in Crypto Assets (MiCA) could be ready in the next six weeks, according to lawmaker Stefan Berger on Thursday (Sept. 1), Coindesk wrote. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
Today in Crypto: Crypto.com Scraps $495M European Soccer League Sponsorship; Coinbase Investigates Network Payment Delays
September 01, 2022

Ethereum-based asset management protocol Babylon Finance will close completely in November as it did not recover from the $80 million exploit on Rari Capital in April, Coindesk wrote. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...