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
SBF Wants to Launch New Venture to Repay FTX Investors
December 12, 2022

Sam Bankman-Fried still thinks he can turn things around. 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,...

Cryptocurrency
Report: Legal Bills Will Likely Wipe Out SBF’s Parents
December 12, 2022

Among those facing financial ruin from the FTX collapse: the parents of the company’s founder. 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
Expect a Tale of Two CEOs at Dec. 13 FTX Hearing or Not
December 12, 2022

It’s a short witness list for the House Financial Services Committee’s FTX hearing Tuesday (Dec. 13). 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
Bitcoin Investors Withdrew Nearly $1.5B in November, a Record
December 11, 2022

Fearful cryptocurrency investors are pulling their funds in record numbers following the collapse of FTX. 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
US Supreme Court to Hear Coinbase Arbitration Case
December 11, 2022

The Supreme Court will hear an appeal from Coinbase in two lawsuits against the firm. 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
Feds Reportedly Prep Potential Fraud Case Against FTX Founder
December 11, 2022

Prosecutors are examining how FTX transferred funds for a possible fraud case against its founder. 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
Finance Experts: Binance Needs to Provide More Transparency
December 11, 2022

Finance experts say Binance’s recent move to provide more transparency isn’t quite transparent enough. 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...

Cryptocurrency
French Authorities Charge 2 in $2.1M Crypto-Related Fraud 
December 09, 2022

Fraudsters allegedly promised counterfeit cash or digital wallets for cryptocurrency and then stole the funds.  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
Current and Former FTX CEOs to Testify Dec. 13 
December 09, 2022

The current and former CEOs of FTX are to testify before a Congressional committee.  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...