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
From Budweiser to GameStop Brands Embrace Crypto and NFT Loyalty
October 10, 2022

Starbucks made big new last month when it added an NFT component to it vast Starbucks rewards loyalty program, but it’s far from the only big brand jumping onto the growing NFT bandwagon with both feet. Get the Full Story Complete the form to unlock...

Cryptocurrency
Circle’s USDC Inching Back After Dropping $10B in 3 Months
October 10, 2022

After losing $10 billion in three months, Circle’s dollar-pegged stablecoin USD coin (USDC) is inching back following the coin’s rise that benefitted from Terra’s collapse in May and the subsequent fallout of the overall market. Get the Full Story Complete the form to unlock this...

Cryptocurrency
FSB Says Stablecoins Might Speed, Cheapen X-Border Payments
October 10, 2022

The Financial Stability Board (FSB) is looking at stablecoins as one way of achieving its goal of cutting the cost and time required to make cross-border payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency
Today in Crypto: Binance Could Spend $1B on 2022 Investments, M&A; Brazil Police Issue Warrants...
October 09, 2022

Binance Holdings founder and CEO Zhao “CZ” Changpeng has said the exchange could spend over $1 billion on acquisitions and investments, even in spite of the ongoing crypto winter, Bloomberg wrote. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
Crypto Used in Alleged $5.4M Drug Peddling Conspiracy Case
October 07, 2022

Cryptocurrency including Bitcoin was allegedly used to launder more than $5.35 million for a drug trafficking organization in a conspiracy that included the reported distribution of counterfeit pharmaceutical pills and other controlled substances. Get the Full Story Complete the form to unlock this article and...

Cryptocurrency
Today in Crypto: Former Celsius Execs Withdrew $17M Before Company Filed Chapter 11; Citi Ventures...
October 06, 2022

Two Celsius officials withdrew $42 million in cryptocurrency before the company froze withdrawals and filed for bankruptcy, Coindesk wrote. 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...

Cryptocurrency
Farfetch Adds 6 Cryptos to Payment Options in 37 Countries
October 06, 2022

Six cryptocurrencies are now being accepted as payment options for customers in 37 countries using the luxury fashion industry platform Farfetch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cryptocurrency
Today in Crypto: Terraform CEO Do Kwon Denies Prosecutors’ Seizure of Crypto Assets
October 05, 2022

Do Kwon, CEO of Terraform, has denied reports that 56.2 billion won (roughly $39.6 million) of his crypto assets have been frozen by South Korean prosecutors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
ZenLedger Teams With BitPay for Crypto Payments
October 05, 2022

Cryptocurrency tax software and blockchain analytics firm ZenLedger is partnering with crypto payment services provider BitPay to offer digital assets as payment options for goods and services.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...