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)

Lolli Raises $8 Million to Grow Bitcoin Rewards Program
Lolli Raises $8 Million to Grow Bitcoin Rewards Program
December 14, 2023  |  Investments

Lolli has raised $8 million to expand its bitcoin/cashback rewards program. Co-founder and CEO Alex Adelman told TechCrunch Thursday (Dec. 14) that the new financing —...

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Goldman Sachs Expects Growing Interest in Blockchain-Based Assets
Goldman Sachs Expects Growing Interest in Blockchain-Based Assets
December 13, 2023  |  Blockchain

Goldman Sachs is reportedly anticipating a substantial increase in trading volumes of blockchain-based assets in the next one to two years. There is also growing...

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FTX and IRS Battle Over $24 Billion Tax Claim
FTX and IRS Battle Over $24 Billion Tax Claim
December 12, 2023  |  Cryptocurrency

FTX Trading is reportedly currently locked in a legal dispute with the Internal Revenue Service (IRS) over a $24 billion tax claim. The outcome of...

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Bankman-Fried Lawyer: Client Was ‘Worst’ Witness in Unwinnable Case
Bankman-Fried Lawyer: Client Was ‘Worst’ Witness in Unwinnable Case
December 12, 2023  |  Legal

Could FTX founder Sam Bankman-Fried have prevailed at trial? David Mills, the veteran attorney who helped the cryptocurrency mogul build his defense, doesn’t think so, according...

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Crypto Platform HTX Loses $258 Million in Withdrawals After Hack
Crypto Platform HTX Loses $258 Million in Withdrawals After Hack
December 11, 2023  |  Cryptocurrency

Digital asset platform HTX has reportedly seen a $258 million net outflow after being hacked. The money left the cryptocurrency exchange between the time it reopened on Nov. 25...

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SEC: Binance’s DOJ Settlement Strengthens Our Case
SEC: Binance’s DOJ Settlement Strengthens Our Case
December 10, 2023  |  Cryptocurrency

The Securities and Exchange Commission (SEC) says Binance’s recent plea deal gives it new ammunition against the cryptocurrency exchange. As Bloomberg News reported, the SEC contended...

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Judge Rules Binance Founder Zhao Must Remain in US 
Judge Rules Binance Founder Zhao Must Remain in US 
December 08, 2023  |  Cryptocurrency

Binance founder Changpeng Zhao must remain in the United States while awaiting his sentencing on Feb. 23.  A judge ruled Thursday (Dec. 7) that Zhao was a flight...

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Ripple Expands Global Payout Coverage of Cross-Border Payments Solution
Ripple Expands Global Payout Coverage of Cross-Border Payments Solution
December 08, 2023  |  Blockchain

Ripple has updated its crypto-enabled cross-border payments solution.  The newly enhanced Ripple Payments, formerly known as RippleNet, enables businesses to leverage the blockchain easily for faster,...

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Block Debuts Self-Custody Bitcoin Wallet Bitkey
Block Debuts Self-Custody Bitcoin Wallet Bitkey
December 07, 2023  |  Bitcoin

Block has launched its self-custody bitcoin wallet Bitkey in 95 countries. The new wallet, announced Thursday (Dec. 7) is designed to widen access to self-custody and comes amid a resurgence...

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