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)

Court Orders Independent Bankruptcy Examiner to Investigate FTX Collapse 
Court Orders Independent Bankruptcy Examiner to Investigate FTX Collapse 
January 19, 2024  |  Legal

A federal appeals court has ordered an investigation into the collapse of bankrupt cryptocurrency exchange FTX.  The court agreed with a government watchdog’s argument that appointing...

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Binance to Seek Dismissal of SEC Lawsuit
Binance to Seek Dismissal of SEC Lawsuit
January 19, 2024  |  Cryptocurrency

Cryptocurrency exchange Binance is scheduled to go head-to-head with the Securities and Exchange Commission (SEC) on Monday (Jan. 22).  Binance had previously sought the dismissal of the SEC’s lawsuit...

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ChainGPT Introduces AI-Powered Crypto Trading Platform
ChainGPT Introduces AI-Powered Crypto Trading Platform
January 19, 2024  |  Cryptocurrency

ChainGPT, an artificial intelligence (AI)-powered Web3 infrastructure provider, has unveiled a platform that brings AI-powered auto-trading to the world of cryptocurrencies. This launch of the...

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Stablecoins Gain Ground With Fraudsters Looking to Move Beyond Bitcoin
Stablecoins Gain Ground With Fraudsters Looking to Move Beyond Bitcoin
January 18, 2024  |  Cryptocurrency

Stablecoins have held the promise of serving as a link between the cryptocurrency realm and traditional financial services. Turns out that nowadays, the digital holdings...

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Binance Records $4.6 Billion in Inflows Following US Government Settlement
Binance Records $4.6 Billion in Inflows Following US Government Settlement
January 18, 2024  |  Cryptocurrency

Last November, Binance paid a landmark $4.3 billion settlement to the U.S. government. Since then, the world’s largest cryptocurrency exchange has recorded net inflows of $4.6 billion, Bloomberg...

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Coinbase Argues Token Buyers Don’t Acquire Any Rights
Coinbase Argues Token Buyers Don’t Acquire Any Rights
January 17, 2024  |  Cryptocurrency

In a Wednesday (Jan. 17) court hearing, cryptocurrency exchange Coinbase Global made a comparison between buying cryptocurrency and collecting Beanie Babies. The comparison was presented as part of...

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IRS Delays Requirement to Report Certain Transactions Involving Digital Assets
IRS Delays Requirement to Report Certain Transactions Involving Digital Assets
January 17, 2024  |  Taxes

Businesses do not have to report certain transactions involving digital assets until the Treasury Department and the Internal Revenue Service (IRS) issue regulations. The agencies...

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Bankman-Fried’s Parents Seek to Quash FTX Lawsuit
Bankman-Fried’s Parents Seek to Quash FTX Lawsuit
January 17, 2024  |  Legal

Sam Bankman-Fried’s parents say they can’t be held accountable for their son’s actions at FTX. Joseph Bankman and Barbara Fried were sued last year by FTX, with the...

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Coinbase and SEC Prepare for Courtroom Crypto Showdown
Coinbase and SEC Prepare for Courtroom Crypto Showdown
January 17, 2024  |  Cryptocurrency

America’s largest cryptocurrency exchange is scheduled to face the country’s securities regulator in court. And at Coinbase’s hearing on Wednesday (Jan. 17), the company will reportedly argue...

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