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
Dutch Central Bank Hits Binance With $3.37M Fine
July 18, 2022

The world’s largest cryptocurrency exchange, Binance, was hit with a $3.37 million fine by the Dutch Central Bank for offering services without obtaining the proper registration. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
Australian Financial Planners Group Backs ‘Crypto Rule Book’
July 17, 2022

The Financial Planning Association of Australia has said there’s a need to regulate cryptocurrency as well as add a “crypto rule book,” a report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
Today in Crypto: Ethereum Switch to Proof-of-Stake Tentatively Set for Sept. 19; Celsius Clients May...
July 17, 2022

Crypto hedge fund DeFiance Capital has reportedly been “materially affected” and prejudiced as rival fund Three Arrows Capital was liquidated, DeFiance posted on Twitter Friday (July 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency
Why Payments Valuation Plunge Is as Irrational as Crypto Exuberance
July 17, 2022

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 completing this form, you agree to receive marketing communications from PYMNTS and...

Cryptocurrency
Central African Republic Set to Start Crypto Sales
July 15, 2022

The Central African Republic will start selling its cryptocurrency, Sango Coin, next week, saying it will be worth $21 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cryptocurrency
Despite Massive Failings, Dogecoin Keeps Fetching Wallet Share
July 15, 2022

Sometimes it’s better to be cool than competent. 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 completing this form, you...

Cryptocurrency
Customers Flee Coinbase’s Fees, Pushing Exchange Out of Top 10
July 15, 2022

Coinbase is bleeding customers so quickly that it has collapsed out of the top 10 global cryptocurrency exchanges, dropping from fourth to 14th in just eight months. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency
Market Crash Tests Crypto’s Survival of the Fittest
July 15, 2022

When TerraUSD or UST, an algorithmic stablecoin that was supposed to be pegged to the dollar, collapsed in May, it sent shockwaves across the crypto market, impacting economies and wiping out trillions of dollars in the valuation of bitcoin and other digital coins. Get the...

Cryptocurrency
Today in Crypto: Circle Reveals USDC Reserve Assets; Celsius Details Billion-Dollar Budget Hole in Chapter...
July 14, 2022

Circle has said it wants to add more transparency to its operations, and has begun to share mint and burn data for its USD Coin stablecoin, a company post said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...