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
Tether Holdings Allegedly Used Falsified Documents to Access Banking System
March 03, 2023

Companies behind the tether stablecoin allegedly used falsified documents to access the banking system, according to a report. 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
Ongoing Crypto Crackdown Foreshadows Industry’s Uncertain Future
March 03, 2023

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
Four Crypto-Related Firms Cut Ties With Silvergate Capital
March 02, 2023

Four crypto-related firms said Thursday (March 2) that they are cutting ties with Silvergate Capital. 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
Silvergate’s Crisis Gives Regulators Ammunition to Keep Crypto from Mainstream Banking 
March 02, 2023

Silvergate’s existential crisis may give regulators the ammunition they need to keep crypto and mainstream banking separate. 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...

Cryptocurrency
Silvergate Examining Viability as a Business Amid FTX Investigations
March 02, 2023

Silvergate Capital’s cryptocurrency industry ties now have it examining whether it can remain in business. 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
Investors Withdraw $6B From Binance Coin Amid Crypto Crackdown
March 01, 2023

America’s cryptocurrency crackdown has reportedly led investors to pull $6 billion from a Binance-branded stablecoin. 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
Three Arrows Liquidation and Regulatory Scrutiny May Test NFT Popularity
February 28, 2023

It may be the equivalent of a digital fire sale. 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...

Cryptocurrency
FTX Ex-Director of Engineering Nishad Singh Pleads Guilty, Cooperates With Investigators
February 28, 2023

In the latest development to the FTX saga, the former director of engineering at the defunct cryptocurrency exchange entered a guilty plea to criminal charges on Tuesday (Feb. 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
Algorand Hack Drains $9.6M From Crypto Investor Wallets 
February 28, 2023

Proof-of-stake blockchain cryptocurrency protocol Algorand is urging users to withdraw their funds from MyAlgo wallets. 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,...