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
Crypto Lender Voyager Heads to Bankruptcy Auction
September 07, 2022

Bankrupt cryptocurrency lender Voyager Digital is being put up for auction next week. 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....

Cryptocurrency
Ethereum’s Moment in Sun Overshadowed as Markets Drive Crypto Down
September 07, 2022

For crypto insiders, Tuesday, Sept. 6 was momentous. So why did the market fall off a cliff last night, with bitcoin down almost 6% and ether off almost 10%? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
Today in Crypto: DeFi Platform Kyber Fixes Code That Led to $265,000 Theft; Russia Eyes...
September 06, 2022

Multichain decentralized finance (DeFi) platform Kyber Network has said it’s removed an attack vector used in an exploit that saw $265,000 stolen on Sept. 1, Coindesk wrote. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency
Ex-Clinton OCC Chief: Crypto Firms ‘Getting Away With Murder’
September 06, 2022

FinTechs and cryptocurrency companies that compete with banks without having to follow as many regulations are “getting away with murder,” Eugene Ludwig, comptroller of the currency during the President Bill Clinton administration, said Tuesday (Sept. 6). Get the Full Story Complete the form to unlock...

Cryptocurrency
Bnk To The Future Signs Deal to Buy Crypto Lender Salt
September 06, 2022

One of the first bitcoin and crypto securities businesses is looking to acquire one of the initial crypto lending platforms in a deal that aims to result in a regulatory-compliant solution for customers impacted by the current crypto lending crisis. Get the Full Story Complete...

Cryptocurrency
Crypto Insolvencies Spread as Top Bitcoin Mining Pool Halts Withdrawals
September 06, 2022

A crypto mining pool that accounts for nearly 10% of bitcoin’s computing power has cut off withdrawals, citing liquidity issues as it blocks members from accessing their cryptocurrency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cryptocurrency
Binance Boots Rivals’ USDC Stablecoin as Crypto Trading Retrenches
September 06, 2022

The stablecoin wars are heating up, and Circle and Coinbase’s USDC could be in for a rough time. 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...

Cryptocurrency
Binance to Auto-Convert USDC, USDP, TUSD to Its Own Stablecoin
September 05, 2022

Binance announced its BUSD auto-conversion program, a company blog post said Monday (Sept. 5), which converts one-to-one USDC, USDP and TUSD stablecoins to Binance’s own BUSD. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
Today in Crypto: FIFA Builds NFT Platform for Soccer Fans; Meta Begins EU Campaign to...
September 05, 2022

FIFA will be debuting a non-fungible token (NFT) platform to offer digital collectibles portraying the best game moments in soccer, Bitcoin.com reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...