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
North Korea Hack Nets $625M on Heels of Crypto Developer Sentencing
April 14, 2022

Less than two days after a well-known crypto developer was sentenced to more than five years in prison for teaching North Korean crypto conference attendees how to avoid sanctions, the U.S. government revealed that the rogue nation was behind a $625 million hack on a...

Cryptocurrency
Today in Crypto: Lightning Network Payments Volume Increases 400% in Year; Crypto Sector Critical of...
April 14, 2022

In a new report, information on how the Lightning Network has grown in popularity highlights how some people need to transfer digital assets globally, Cointelgraph wrote Wednesday (April 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
CEO Says Ripple Is Doing ‘Exceedingly Well’ in SEC Illegal-Securities Lawsuit
April 14, 2022

Ripple CEO Brad Garlinghouse thinks the company has a good chance of winning its court case with the U.S. Securities and Exchange Commission (SEC), a CNBC report said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cryptocurrency
Crypto’s Top Privacy Coin Is Spiking Wildly, and Sanctions Busters May Be the Culprits
April 14, 2022

The biggest, most effective privacy coin was on a six-month slide until Feb. 24, when it began a steady climb, rising from around $235 to $335. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
With Blackrock Partnership, Stablecoin Issuer Circle Moves a Step Closer to Mainstream
April 14, 2022

Blackrock CEO Larry Fink didn’t just invest in USD Coin stablecoin issuer Circle, he wants its money too. And he’ll be bringing the No. 2 stablecoin, also known as USDC, deep into the traditional financial markets to do it. Get the Full Story Complete the...

Cryptocurrency
Hackers Attack Elephant Money DeFi Platform, Steal Over $11M
April 13, 2022

Elephant Money, the DeFi protocol behind the ELEPHANT token, has said hackers have stolen $11.2 million worth of Binance Coin, a report said. 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: FIS Partners With Fireblocks to Offer Crypto Investments; Binance CEO Praises France...
April 13, 2022

FIS, the processing and payments company, is partnering with crypto custody firm Fireblocks to offer FIS clients crypto investments, Bloomberg reported Wednesday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cryptocurrency
Circle Getting Closer to Applying for Digital Bank License
April 13, 2022

Circle Internet Finance says it’s getting close to applying to become a digital bank in the U.S., even as regulators make it harder for crypto companies like Circle to gain banking licenses. Get the Full Story Complete the form to unlock this article and enjoy...

Cryptocurrency
Today in Crypto: Crypto.com Hires Former US Regulator and Prosecutor to Head Financial Crimes Unit;...
April 12, 2022

Crypto.com has hired an ex-Washington regulator and federal prosecutor to oversee efforts to make sure the platform isn’t being used for illicit acts like terrorism financing and fraud, a Wall Street Journal report said Tuesday (April 12). Get the Full Story Complete the form to...