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
Today in Crypto: Tax-Season Selling Pulls Bitcoin Below Support Price; Monero ‘Bank Run’ Tests Exchanges
April 18, 2022

Bitcoin has breached critical price support, hitting new lows as the U.S. tax season ends, Coindesk reported Monday (April 18). 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
PYMNTS Data Show Crypto’s Use for in-Store Purchases Is Growing
April 18, 2022

For a while now, bitcoin boosters have been trying to woo retailers and other merchants into taking the steps needed to accept it and other cryptocurrencies, arguing that crypto owners will go out of their way to buy from them. Get the Full Story Complete...

Cryptocurrency
SEC’s Setback in Ripple Suit Adds Pressure to Define Crypto Assets
April 18, 2022

A judge denied a motion April 11 filed by the Securities and Exchange Commission (SEC) to clarify the content of several emails and internal communications about the classification of the digital assets Ethereum and XRP for the upcoming Ripple Labs trial. This may seem a...

Cryptocurrency
Beanstalk’s Dollar Peg Collapses After $180M Hack, Highlighting Regulators’ Fears
April 18, 2022

At 8:19 a.m. on Sunday (April 17) the BEAN stablecoin was $1.01, well within the norm for its dollar peg. 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
PYMNTS Data: 23% of Americans Owned Crypto in 2021 as Processors Stepped up Support
April 18, 2022

As the percentage of Americans who own or have owned cryptocurrency in the past year closes in on the 25% mark, it’s becoming clear that the digital assets industry has reached solidly into the mainstream. Get the Full Story Complete the form to unlock this...

Cryptocurrency
New Data Shows Nearly 80% of Crypto Consumers Use Bitcoin to Pay Online and In-Store
April 18, 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
Beanstalk Stablecoin Protocol Hacked for at Least $76M
April 17, 2022

Beanstalk, an Ethereum decentralized finance (DeFi) protocol, has been hit with a hack and lost $76 million, a report said. 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: Wallet Linked to North Korea Continues Laundering Ronin Theft; Crypto Companies Optimistic...
April 17, 2022

XRP and dogecoin have added more than 6% each in the last day, with catalysts driving both despite a weakening market, CoinDesk wrote. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
Barking Mad? Robinhood CEO Sees Dogecoin as ‘Future Currency of the Internet’
April 15, 2022

Robinhood CEO Vlad Tenev has asked a question on very few peoples’ minds: Can dogecoin “truly be the future currency of the internet and the people” that bitcoin was intended to be? Get the Full Story Complete the form to unlock this article and enjoy...