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
Lending Protocol Inverse Finance Loses $15.6M in Crypto Following Hack
April 03, 2022

Inverse Finance, an ethereum-based lending protocol, has lost $15.6 million in cryptocurrency following a hack, CoinDesk reported Saturday (April 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cryptocurrency
Today in Crypto: WeChat Suspends Some NFT Accounts; Citi Sees Metaverse Market Worth Up to...
April 03, 2022

WeChat, China’s largest messaging app, has suspended some accounts that have been associated with NFTs as it clarifies its rules around the digital collectibles, a CNBC report said last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cryptocurrency
Speculators Are Betting Stablecoin Tether Will Lose Value
April 03, 2022

Short sellers have been betting against the stablecoin Tether, which a Wall Street Journal report notes has a price that shouldn’t move. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cryptocurrency
Wall Street Embraces Crypto, but Not Quickly Enough for Some Employees
April 03, 2022

Wall Street has reportedly been hiring more people for digital asset teams, though some employees have been switching up jobs as they seek more risk and reward, CNBC wrote. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
Self-Proclaimed Creator of Bitcoin Says He’ll Sell His Stash, as BTC ‘Has No Utility’
April 03, 2022

The man claiming to be Satoshi Nakamoto, the creator of bitcoin, said in a recent interview that he does indeed plan to sell his huge stash of the digital coins at some point, a report says. Get the Full Story Complete the form to unlock...

Cryptocurrency
Crypto-to-Fiat Processor Swapin to Expand B2B Products With $1.85M Funding Round
April 03, 2022

Swapin, a European Union-licensed crypto-to-fiat payments processor, has closed a private investment round and raised €1.68 million ($1.85 million). 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...

Cryptocurrency
In $625M Hack, a Bigger Crypto Security Problem Is on Display
April 03, 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
As NFTS Go Mainstream, Mainstream Payment for Them Catches on, Too
April 01, 2022

The latest example came two weeks ago, when a very sad non-fungible token (NFT) seller going by the name @DinoDealer revealed that instead of listing his extremely valuable Ether Rock on top NFT Marketplace OpenSea for 444 ether — about $1.2 million at the time...

Cryptocurrency
Crypto Industry Icing Out Scammers as Fundraising for Ukraine Soars
April 01, 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...