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

PayPal USD Debuts as Stablecoin’s Role in Commerce Remains Uncertain

PayPal USD Debuts as Stablecoin’s Role in Commerce Remains Uncertain
PayPal USD Debuts as Stablecoin’s Role in Commerce Remains Uncertain
August 07, 2023  |  Cryptocurrency

PayPal’s introduction of a U.S. dollar-pegged stablecoin opens the door to a wider discussion of where the digital offerings’ place lies within commerce. Get the...

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Social Engineering Enabled $37 Million Theft From Crypto Firm CoinsPaid
Social Engineering Enabled $37 Million Theft From Crypto Firm CoinsPaid
August 07, 2023  |  Cryptocurrency

Social engineering enabled the July 22 hacker attack and theft of $37 million from crypto payments provider CoinsPaid. Get the Full Story Complete the form...

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Revolut Self-Shutters US Crypto Business as Coinbase Moves to Dismiss SEC Suit 
Revolut Self-Shutters US Crypto Business as Coinbase Moves to Dismiss SEC Suit 
August 07, 2023  |  Cryptocurrency

It has been a truly humbling past 12 months for the crypto sector. Get the Full Story Complete the form to unlock this article and...

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PayPal Debuts Stablecoin Pegged to US Dollar
PayPal Debuts Stablecoin Pegged to US Dollar
August 07, 2023  |  Cryptocurrency

PayPal has introduced a U.S. dollar-pegged stablecoin amid new regulations around digital currencies. Get the Full Story Complete the form to unlock this article and enjoy...

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Will CBDCs Be a Game-Changer for Cross-Border Remittances?
Will CBDCs Be a Game-Changer for Cross-Border Remittances?
August 04, 2023  |  Connected Economy

Cross-border remittances — where hundreds of billions of dollars flow internationally, typically as individuals send money home to friends and family — may be ripe...

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Block and Coinbase Earnings Show Crypto’s Flight to Quality Lands on Bitcoin
Block and Coinbase Earnings Show Crypto’s Flight to Quality Lands on Bitcoin
August 04, 2023  |  Earnings

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Couple Plead Guilty to Money Laundering After Bitfinex Hack
Couple Plead Guilty to Money Laundering After Bitfinex Hack
August 03, 2023  |  Cryptocurrency

A married couple from New York City have pleaded guilty to money laundering and conspiracy charges stemming from the hack and theft of 120,000 bitcoin...

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Robinhood Posts First-Ever Profit Amid Crypto Tumble and User Drop-Off  
Robinhood Posts First-Ever Profit Amid Crypto Tumble and User Drop-Off  
August 02, 2023  |  Earnings

Robinhood Markets just notched its first profitable quarter since the platform went public in July 2021. Get the Full Story Complete the form to unlock...

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Kenya Is World’s First Nation to Suspend Sam Altman’s Worldcoin
Kenya Is World’s First Nation to Suspend Sam Altman’s Worldcoin
August 02, 2023  |  Cryptocurrency

Kenya’s government is worried about Worldcoin, OpenAI founder Sam Altman’s identity-focused cryptocurrency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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