crypto

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

Crypto.com Sues SEC Amid Threat of Enforcement Action
Crypto.com Sues SEC Amid Threat of Enforcement Action
October 08, 2024  |  Cryptocurrency

Calling it a “misguided” federal agency, Crypto.com has sued the Securities and Exchange Commission (SEC). The suit, filed Tuesday (Oct. 8), came after the cryptocurrency...

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FTX Creditors Will Earn 119% Profit in Bankruptcy Settlement
FTX Creditors Will Earn 119% Profit in Bankruptcy Settlement
October 08, 2024  |  Legal

Most of FTX’s creditors will profit from their investments in the failed cryptocurrency exchange. That’s according to a bankruptcy agreement approved Monday (Oct. 7) by...

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Tether Adapts as Coinbase Prepares to Delist Non-MiCA-Compliant Coins
Tether Adapts as Coinbase Prepares to Delist Non-MiCA-Compliant Coins
October 06, 2024  |  Cryptocurrency

Coinbase is preparing to delist stablecoins that don’t adhere to European regulations by year’s end. The move, as reported Friday (Oct. 4) by Bloomberg News,...

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Trump Backs Crypto Venture World Liberty Financial
Trump Backs Crypto Venture World Liberty Financial
September 17, 2024  |  Cryptocurrency

Former President Donald Trump is getting into the cryptocurrency business. Weeks before an election that could return the Republican mogul to the White House, Trump...

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Chainalysis: India Leads Crypto Adoption Despite Regulatory Pressure
Chainalysis: India Leads Crypto Adoption Despite Regulatory Pressure
September 15, 2024  |  Cryptocurrency

Efforts to regulate the cryptocurrency sector have not hurt India’s adoption of the digital currency. In fact, the country now leads the world on the...

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Bankman-Fried Says ‘Rush to Judgment’ Prevented Fair Trial
Bankman-Fried Says ‘Rush to Judgment’ Prevented Fair Trial
September 15, 2024  |  Cryptocurrency

FTX co-founder Sam Bankman-Fried wants a new trial, arguing a federal judge hamstrung his defense. Attorneys for the disgraced cryptocurrency CEO contend that “everyone rushed...

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Unregistered Crypto ATMs Lead to Landmark UK Prosecution 
Unregistered Crypto ATMs Lead to Landmark UK Prosecution 
September 10, 2024  |  Legal

A British regulator has charged a London man for operating several unlicensed crypto ATMs. Olumide Osunkoya, 45, has been charged with a running series of...

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FBI Says 50% of All Financial Fraud Losses Involve Cryptocurrency
FBI Says 50% of All Financial Fraud Losses Involve Cryptocurrency
September 09, 2024  |  Security & Fraud

The number of cryptocurrency-related complaints accounted for 10% of all financial fraud complaints but 50% of the total losses in 2023. That is due in...

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Judge Says Shareholders’ Lawsuit Against Coinbase Can Move Forward
Judge Says Shareholders’ Lawsuit Against Coinbase Can Move Forward
September 06, 2024  |  Legal

A proposed class action lawsuit brought against Coinbase by shareholders is reportedly moving forward. The cryptocurrency exchange’s bid to have the suit dismissed was rejected Thursday...

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