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
FTX Fallout Continues With BlockFi Bankruptcy
November 28, 2022

Digital asset lender BlockFi says it will seek bankruptcy protection, the latest casualty of the multi-billion-dollar collapse of cryptocurrency platform FTX. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cryptocurrency
UK Police See $1.5B Crypto Fraud ‘Epidemic’
November 28, 2022

Cryptocurrency fraud rose by 32% in the U.K. over the last year, part of a larger fraud “epidemic” that began during the pandemic as people moved their financial activity online. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cryptocurrency
Bahamas AG: FTX Under ‘Active’ Investigation
November 28, 2022

Fallen cryptocurrency exchange FTX remains under “active investigation” in its home country of the Bahamas, the island nation’s chief prosecutor said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cryptocurrency
Crypto Lender Matrixport Raises Valuation to $1.5B Despite FTX Collapse
November 27, 2022

Asian cryptocurrency unicorn Matrixport Technologies is seeking $100 million in funding despite its presence in a digital asset market still feeling the shockwaves of FTX’s collapse. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
Turkey Investigates Sam Bankman-Fried, Seeks Seizure of ‘Suspicious’ FTX Assets
November 27, 2022

Add Turkey to the list of countries investigating Sam Bankman-Fried — or SBF — founder of the failed cryptocurrency platform FTX. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cryptocurrency
Nigerian Regulators Spurn Cryptocurrencies for Digital Assets That Protect Investors
November 27, 2022

Despite the popularity of cryptocurrencies in the country, the Securities and Exchange Commission (SEC) of Nigeria has no plans to make crypto part of its digital asset trading goals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
FTX Collapse Creates ‘Sense of Urgency’ Among World’s Regulators
November 27, 2022

The new head of global securities regulator IOSCO said the collapse of the FTX exchange shows why the agency will focus on companies like it next year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency
UAE Suffers Crypto Investor Remorse After FTX Crisis
November 27, 2022

The collapse of cryptocurrency exchange FTX continues to be felt around the world, including in the United Arab Emirates, which had been in the midst of establishing itself as a crypto hub. Get the Full Story Complete the form to unlock this article and enjoy...

Cryptocurrency
UK Lawmakers Approve Rules to Ease Seizure of Terror-Linked Crypto
November 27, 2022

With terror attacks tied to cryptocurrency projected to quadruple, the U.K. has approved new rules making it easier for law enforcement to seize crypto connected to terrorists. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...