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
Chronology of a Crypto Crash: FTX’s Prince to Pauper Meltdown
November 14, 2022

The aftershocks of the once-popular crypto exchange FTX’s recent and rapid demise last week continue to reverberate throughout the crypto and VC industries, rattling investor confidence and perceptions of stability across the sector. Get the Full Story Complete the form to unlock this article and...

Cryptocurrency
Bankman-Fried’s Grand Charitable Announcements Don’t Turn Into Grants
November 14, 2022

The spectacular flameout of FTX and its Founder and CEO Sam Bankman-Fried has ripple effects that extend well beyond the confines of crypto trading and will likely impact philanthropy — and specifically, the “effective altruism” thesis that Bankman-Fried highlighted as the FTX corporate ethos. Get...

Cryptocurrency
BaFin Head: Crypto Regulation Needs to Be Global
November 14, 2022

If crypto assets want to be embraced by the mainstream finance world, they need to be regulated the same way as mainstream financial products, Germany’s chief regulator said Monday (Nov. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
FTX Japan Gauges Whether Customers Can Get Refunds
November 14, 2022

The Japanese arm of collapsed cryptocurrency exchange FTX is trying to determine whether the company’s recent bankruptcy will affect its ability to refund digital assets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
Binance CEO Vows to Start Crypto Rescue Fund
November 14, 2022

With his industry still reeling from the collapse of cryptocurrency exchange FTX, the CEO of Binance is pledging to set up a crypto recovery fund. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
Sam Bankman-Fried, FTX and the Demise of the Cool Kids
November 14, 2022

Investors with money sitting on the sidelines, listen up. 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,...

Cryptocurrency
Investors Pull Funds From Crypto.com After $400M Mishap
November 14, 2022

Cryptocurrency exchange Crypto.com is trying to reassure investors following a weekend that saw customers pull millions in funds after its chief executive announced that the company had mishandled a $400 million transaction. Get the Full Story Complete the form to unlock this article and enjoy...

Cryptocurrency
BitPay CEO Says Knock-On Effects of FTX’s Collapse Not Yet Clear
November 14, 2022

The epic crisis that many observers dreaded in crypto has seemingly come to pass. 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
Crypto Exchanges Promise to Publish Proof of Reserves
November 13, 2022

Cryptocurrency companies are rushing to reassure users and put as much distance as possible between themselves and crypto exchange firm FTX in the wake of that firm’s multi-billion dollar collapse. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...