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
Buffett: Crypto Has ‘a Magic to It,’ but He Wouldn’t Buy It All for $25
May 02, 2022

There will be no Berkshire Coin cryptocurrency, Berkshire Hathaway Chairman Warren Buffett said at the company’s annual shareholder meeting on April 30, nor will there be a Buffett Coin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
El Salvador’s Bitcoin-As-Currency Experiment Is Costly And Failing
May 02, 2022

Eight months after its September rollout, it’s become evident that El Salvador’s much-hyped experiment with making bitcoin a legal tender has been a failure so far. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
Today in Crypto: Crypto Firms Offer High Pay to Lure UK Cybercrime Police; Crypto Broker...
May 01, 2022

Coinbase is debuting features to add compliance support, according to a company blog post published April 28. 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...

Cryptocurrency
Following Growing Social Media Trend, Telegram Adopts In-App Crypto Payments
April 29, 2022

Telegram messaging service announced this week that its 550 million users can now send and receive payments using the Toncoin cryptocurrency in real time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
With BTC-Backed Loan, Goldman Sachs Signals TradFi’s Designs on DeFi’s Bread and Butter
April 29, 2022

Banking and investment giant Goldman Sachs has issued its first cash loan secured by cryptocurrency, signaling the entry of a traditional financial institution into a field that has generally been the purview of decentralized finance, or DeFi. Get the Full Story Complete the form to...

Cryptocurrency
Labor Dept Has ‘Grave Concerns’ About Fidelity Bitcoin Plan
April 29, 2022

Officials at the U.S. Department of Labor are warning that a plan by Fidelity Investments that lets investors put bitcoin into their 401(k) plans puts retirement accounts at risk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
Today in Crypto: Goldman Makes First Bitcoin-Secured Loan; Miners Turn to Debt Financing
April 28, 2022

Ethereum wallet Argent has concluded a Series B round in order to help further its mission to build one app for everything involved with decentralized finance (DeFi) and Web3, according to a Tech Funding News report Thursday (April 28). Get the Full Story Complete the...

Cryptocurrency
OCC’s Hsu: Interoperable Stablecoins Key to Success of Crypto Economy
April 28, 2022

The need for stablecoins to be interoperable with each other and a potential digital dollar is too important to be left either to government regulators or to cryptocurrency developers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
Today in Crypto: Miami Startup Provides Crypto-Secured Mortgages; Gibraltar Cracks Down on Market Manipulation
April 27, 2022

Crypto mortgages have become a new example of the digital divide when it comes to how digital assets are used in the U.S. real estate market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...