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
Cut-And-Paste Error Destroys $36M in Crypto, Eroding Trust in Blockchain
May 06, 2022

How hard do you have to work to permanently lose $36 million in a single transaction? 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
EU May Change Crypto Regs to Include NFTs
May 06, 2022

The European Union is getting closer to adopting new rules for crypto assets, the so-called MiCA regulation (Markets in Crypto Assets) — but the nearer the negotiations between EU institutions are coming to an end, the more lawmakers realize that the text needs some tweaks. ...

Cryptocurrency
Senator Toomey Sounds Alarm for Stablecoin Regulation
May 06, 2022

Regulation is needed immediately for the $180 billion stablecoin market or “bad things will happen” to people’s investments, Senator Pat Toomey (R-Pennsylvania) said in an interview with Financial Times (FT) on Friday (May 6). Get the Full Story Complete the form to unlock this article...

Cryptocurrency
Today in Crypto: Sequoia, Binance Among Investors Helping Musk Buy Twitter; FinTech Bitlocus to Launch...
May 05, 2022

Binance has committed $500 million, alongside another $800 million from Sequoia Capital, to help fund the $44 billion takeover of Twitter by Elon Musk, CoinDesk reported Thursday (May 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
Crypto.com Discovers That Loyalty Programs Are a Two-Way Street
May 05, 2022

To make a loyalty program work, customers have to view it as a two-way street. 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
California Governor Orders Study Into Crypto, Blockchain Regulations
May 05, 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
Top Crypto Exchange Binance Joins Musk’s Twitter Bid, With Web3 in Its Sights
May 05, 2022

The world’s largest crypto exchange, Binance, just backed Elon Musk’s Twitter bid to the tune of $500 million. And that’s just the beginning. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
Crypto Firm Solana Allows Customized Merchant Transaction Requests
May 05, 2022

Crypto payments protocol firm Solana said it will now allow customized transaction requests for developers and merchants. 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
Today in Crypto: MicroStrategy Hires GreenSky CFO as Its Financial Chief; Council of Europe AML...
May 04, 2022

MicroStrategy, which is one of a few companies with massive crypto holdings, has named a new finance chief in Andrew Kang, The Wall Street Journal reported Wednesday (May 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...