cryptocurrency

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)

FTX Investor Suit Accuses Law Firm in Aiding Fraud
FTX Investor Suit Accuses Law Firm in Aiding Fraud
February 18, 2024  |  Legal

A new lawsuit accuses an FTX-affiliated law firm of helping abet the cryptocurrency exchange’s fraud. The suit, filed last week by a group of FTX investors, accuses the...

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Velmie Launches Customizable Business Banking Platform
Velmie Launches Customizable Business Banking Platform
February 16, 2024  |  Banking

Velmie launched its Business Banking Platform designed to help financial services providers and FinTechs broaden their product offerings. The platform enables these companies to cater...

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Stablecoins, Unstable Crypto Market Propel Coinbase Profits
Stablecoins, Unstable Crypto Market Propel Coinbase Profits
February 16, 2024  |  Earnings

Renewed investor enthusiasm for crypto has been good news for U.S. cryptocurrency exchange Coinbase. And while 2023 wasn’t the greatest year for crypto, it was no...

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RockWallet Acquires Wyre’s Customer Base, Launches Reactivation Process
RockWallet Acquires Wyre’s Customer Base, Launches Reactivation Process
February 15, 2024  |  Cryptocurrency

RockWallet, a self-custodial, multicurrency wallet, has announced the acquisition of the customer base of Wyre, a crypto payment platform that shut down in June 2023. This...

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Credit Union Innovation Investments Pay Off as Digital Assets Open Doors to Enhanced Services
Credit Union Innovation Investments Pay Off as Digital Assets Open Doors to Enhanced Services
February 14, 2024  |  Credit Unions

Credit unions (CUs) might not have the same national or regional reach as traditional banks, but their members don’t expect less when it comes to...

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UK Finance Watchdog Pulls 35 Crypto Apps Off Market
UK Finance Watchdog Pulls 35 Crypto Apps Off Market
February 14, 2024  |  Cryptocurrency

The U.K.’s financial watchdog says cryptocurrency companies still aren’t following the country’s new advertising law. The Financial Conduct Authority (FCA) noted the need for compliance Wednesday (Feb....

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Ripple Acquires the Digital Asset Platform Standard Custody & Trust Co.
Ripple Acquires the Digital Asset Platform Standard Custody & Trust Co.
February 13, 2024  |  Cryptocurrency

Blockchain and crypto company Ripple has agreed to acquire Standard Custody & Trust Co., a regulated platform for digital assets, the company said Tuesday (Feb....

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Bitcoin Reaches $50,000 for First Time in 26 Months
Bitcoin Reaches $50,000 for First Time in 26 Months
February 12, 2024  |  Cryptocurrency

Bitcoin’s comeback continues, as the most popular cryptocurrency’s price reached $50,000 Monday (Feb. 12). It was the first time that bitcoin hit that price since...

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Metaco CEO and Product Head Leave Ripple-Owned Crypto Firm
Metaco CEO and Product Head Leave Ripple-Owned Crypto Firm
February 12, 2024  |  Personnel

Metaco CEO Adrien Treccani and Chief Product Officer Peter DeMeo reportedly resigned from the Ripple-owned cryptocurrency custody firm. “We appreciate the strong and industry-leading custody...

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