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
Latest Crypto Turmoil Could Signal the End of Sky-High DeFi Returns
June 13, 2022

With most major cryptocurrencies down 15% to 20% over the past 24 hours and the idea that bitcoin is a hedge against inflation on par with gold relegated to the dustbin of crypto hype history, it’s time to ask if the glory days of decentralized...

Cryptocurrency
Stablecoins’ Wobbly Dollar Pegs Add to Crypto Market Chaos
June 13, 2022

A pair of stablecoins broke the buck over the last 24 hours as inflation-fueled economic worries fueled a broader crypto market collapse that saw bitcoin fall below $24,000. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cryptocurrency
Bitcoin’s Potential as ‘Digital Gold’ Loses Luster as Price Plummets
June 13, 2022

As bitcoin collapsed over the weekend, dropping nearly 14% in just 24 hours to below $24,000 in the morning Monday (June 13), it’s impossible to say that it is doing anything but reacting to the stock market. Get the Full Story Complete the form to...

Cryptocurrency
Crypto Nosedives Following Celsius Collapse
June 13, 2022

Bitcoin has lost more than 10% of its value in the past 24 hours, dropping to its lowest level since December 2020 at less than $24,500 early Monday morning (June 13), part of a $150 million selloff of cryptocurrency that is also seeing investors walk...

Cryptocurrency
Crypto Cuts Losses Sparked by Inflation Data
June 12, 2022

Bitcoin and ether have pared losses after they fell on Sunday (June 12), as a bigger retreat was happening in reaction to the 40-year-record inflation, a Bloomberg report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
Today in Crypto: Bank of Canada Official Urges Regulation; Bitcoin, Ether Plunge on Inflation News
June 12, 2022

The number of Canadians owning crypto assets is growing fast, requiring regulation, especially as people might not understant the risks of investing in things like bitcoin, a Bank of Canada official told Reuters. Get the Full Story Complete the form to unlock this article and...

Cryptocurrency
Central Bankers in Kenya, Nigeria Criticize Crypto, Tout CBDCs
June 12, 2022

Kenyan and Nigerian central bankers have said central bank digital currencies (CBDCs) could solve the risks cryptocurrencies have for financial stability, Reuters wrote Saturday (June 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
Abra to Offer Crypto Rewards on Amex Network Card, Integrated NFT Wallet
June 12, 2022

Abra, the digital asset financial services company, has announced a new crypto rewards card to transact in U.S. dollars, offering crypto back, a press release said Friday (June 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
Regulatory Rumblings Force Companies to Rethink their Ransomware Policies
June 10, 2022

The decision of whether to pay ransomware hackers to release encrypted information got tougher in March when President Joe Biden signed into law that “strongly advises” companies to report ransomware attacks to the Department of Homeland Security. Get the Full Story Complete the form to...