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
Super Bowl Ads Failed to Draw New Crypto Investors
April 24, 2022

The Super Bowl this year, with its myriad crypto ads, has not produced the results that were needed, a Financial Times report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
Today in Crypto: Binance Denies Sharing Client Info With Russia; Ukraine Prohibits Purchases of Crypto...
April 24, 2022

The National Bank of Ukraine clarified restrictions on cross-border transactions on Thursday (April 21), hoping to stop crypto purchases in local currencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cryptocurrency
55% of US Crypto Owners Bought it as an Investment
April 22, 2022

Twenty-three percent of U.S. consumers — an estimated 60 million people — own or have owned cryptocurrency, according to “The U.S. Crypto Consumer,” a PYMNTS and BitPay collaboration based on a survey of 2,334 U.S. consumers. Get the Full Story Complete the form to unlock...

Cryptocurrency
Report: Crypto Thefts Already Approaching 2021’s Total of $3.2B
April 22, 2022

A recent hack on the algorithmic stablecoin project Beanstalk was much larger than first reported, according to a Friday (April 22) Wall Street Journal story. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
Stripe Rolls out Crypto Payment Capabilities, Signs Twitter on as First User
April 22, 2022

Payments processor Stripe announced Friday (April 22) that it has added support for cryptocurrency payments on its Stripe Connect platform, with Twitter as its first customer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
Blockchain Series: What Is TerraUSD? The No. 3 Stablecoin Doesn’t Have a Single Dollar Behind...
April 22, 2022

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Cryptocurrency
Today in Crypto: SALT, Cion Digital Offer Crypto-Backed Lending to Auto Dealers; Coinbase Negotiates to...
April 21, 2022

Crypto-based lender SALT announced Thursday (April 21) that it is formed a strategic partnership with Ciion Digital to make loans available to more than 5,000 automobile dealerships in the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
Congressional Democrats Ask EPA to Review Crypto’s Environmental Impact
April 21, 2022

A California congressman and two dozen colleagues have asked the Environmental Protection Agency to explore the environmental impact of crypto miners — companies that use computers to maintain the blockchains that underlie cryptocurrencies. Get the Full Story Complete the form to unlock this article and...

Cryptocurrency
Australian Regulators Eye Crypto Regulation by 2025
April 21, 2022

Australia’s main financial regulator, the Prudential Risk Authority, or APRA, today (April 21) set a 2025 target for implementing regulations governing cryptocurrencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...