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
Hackers Swipe Bored Ape Yacht Club NFTs After Crashing Discord and Instagram Accounts
April 25, 2022

Hackers took over Bored Ape Yacht Club’s Instagram account and Discord server Monday (April 25), sending an unofficial link to followers to “mint” non-fungible tokens (NFTs), but project leaders moved quickly to ensure that didn’t happen, according to a CoinDesk report. Get the Full Story...

Cryptocurrency
Cross River Bank Teams With Sardine on Crypto Payments Infrastructure
April 25, 2022

Financial services organization Cross River Bank has formed a partnership with compliance platform Sardine to ensure Sardine’s customers have a reliable way to access funds through Cross River’s infrastructure platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cryptocurrency
Crypto Talent War Refocuses on Lawyers as Investment Booms, Regulations Loom
April 25, 2022

Just as the legal and regulatory landscape is being created in the U.S., EU and around the world, law firms and corporations are having a lot of trouble finding lawyers with experience in cryptocurrencies and blockchain to help them navigate the growing number of rocks...

Cryptocurrency
Wall Street Embraces Crypto, but Will It Be Playing Catchup?
April 25, 2022

After years of vocal opposition to cryptocurrencies, a number of major Wall Street players have begun to embrace the sector, according to a Monday (April 25) Bloomberg report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cryptocurrency
The Knot CFO Says Couples Asking for Crypto as a Gift but Not Using It...
April 25, 2022

On the registry offered by digital wedding-planner leader The Knot Worldwide, couples can register for a blender, an experience — or crypto.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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...