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)

Central Bank of Nigeria Lifts Ban on Transacting in Crypto
Central Bank of Nigeria Lifts Ban on Transacting in Crypto
December 27, 2023  |  Cryptocurrency

The Central Bank of Nigeria (CBN) has lifted a ban on transacting in cryptocurrencies. At the same time, the bank said there is a need to...

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Binance Founder’s Fortune Ballooned by $25 Billion in 2023
Binance Founder’s Fortune Ballooned by $25 Billion in 2023
December 26, 2023  |  Cryptocurrency

Despite a turbulent year for his company, Binance’s founder is ending 2023 $25 billion richer. Changpeng “CZ” Zhao’s net worth is now an estimated $37 billion, putting...

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Solana Token Make Gains as Crypto Market Recovers 
Solana Token Make Gains as Crypto Market Recovers 
December 21, 2023  |  Cryptocurrency

Solana’s cryptocurrency, SOL, which experienced a 94% decline in 2022, has reportedly made a comeback, attracting the attention of digital asset investors.  The SOL token...

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Circle Receives Asset Service Provider License in France
Circle Receives Asset Service Provider License in France
December 21, 2023  |  Cryptocurrency

USDC stablecoin issuer Circle was named a digital asset service provider (DASP) in France. The company announced the conditional approval of its new designation with...

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$1 Billion in Three Arrows Founders’ Assets Frozen by Court
$1 Billion in Three Arrows Founders’ Assets Frozen by Court
December 21, 2023  |  Cryptocurrency

A court has reportedly frozen $1 billion in Three Arrows Capital’s founders’ assets. The ruling came down earlier this week from a court in the British...

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Crypto Market Surges Ahead of Bitcoin ETF Decision
Crypto Market Surges Ahead of Bitcoin ETF Decision
December 20, 2023  |  Cryptocurrency

The cryptocurrency market has once again captured the attention of investors and enthusiasts alike, with the recent surge in popularity of memecoins and non-fungible tokens...

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Stablecoin Lobbying Efforts Surge Ahead of 2024 Congressional Debate, Election
Stablecoin Lobbying Efforts Surge Ahead of 2024 Congressional Debate, Election
December 20, 2023  |  Cryptocurrency

The cryptocurrency industry’s lobbying efforts over the regulation of stablecoins reportedly saw an increase in spending throughout 2023. Stablecoins, which serve as a bridge between...

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FTX Trading and FTX Digital Markets Reach Settlement 
FTX Trading and FTX Digital Markets Reach Settlement 
December 19, 2023  |  Cryptocurrency

Bankrupt crypto exchange FTX Trading has reached a settlement with liquidators for its Bahamas unit, resolving a dispute over whether the company’s U.S. bankruptcy proceedings should...

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Court Approves CFTC’s Settlement With Binance
Court Approves CFTC’s Settlement With Binance
December 18, 2023  |  Legal

A U.S. district court has approved a previously announced settlement and entered an order against cryptocurrency exchange Binance and its former CEO, Changpeng Zhao. The U.S. District Court...

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