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

Kraken Cracked the Fed’s Vault. It Still Can’t Spend
Kraken Cracked the Fed’s Vault. It Still Can’t Spend
July 22, 2026  |  Cryptocurrency

In March, the Federal Reserve Bank of Kansas City approved a limited-purpose account for Payward Financial, which operates as Kraken Financial. The decision was historic:....

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Feds Move to Seize $25 Million in Crypto From Scammers
Feds Move to Seize $25 Million in Crypto From Scammers
July 22, 2026  |  Cryptocurrency

Federal authorities hope to recover $25 million in cryptocurrency connected to romance/investment scam investigations. The Justice Department (DOJ) announced Tuesday (July 21) it had filed...

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Crypto Wallet SecondFi Shutters After $2.4 Million Theft
Crypto Wallet SecondFi Shutters After $2.4 Million Theft
July 22, 2026  |  Cryptocurrency

Cryptocurrency wallet SecondFi is shuttering after an attack drained $2.4 million from its users. The company announced Wednesday (July 22) that it had addressed the vulnerability that permitted the...

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Banks and Credit Unions Win Crypto Trust by Explaining It First
Banks and Credit Unions Win Crypto Trust by Explaining It First
July 21, 2026  |  Cryptocurrency

The next major digital asset product offered by a bank may not be a wallet, stablecoin or tokenized deposit. It may be an explanation. Cryptocurrency’s...

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Stablecoin Awareness Falls Short for 70% of Credit Union Members
Stablecoin Awareness Falls Short for 70% of Credit Union Members
July 21, 2026  |  Cryptocurrency

Consumers may hear different labels for stablecoins and other cryptocurrency, but many still place both products in the same mental bucket. That finding sits at...

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Visa Bets the Future of Money Still Needs an Operator
Visa Bets the Future of Money Still Needs an Operator
July 20, 2026  |  Payment Methods

Stablecoins were supposed to make payment networks less necessary. Visa’s new stablecoin platform, introduced Thursday (July 16), suggests a different outcome. The move comes on...

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ECB Joins US Banks in Warning Stablecoins Could Drain Deposits
ECB Joins US Banks in Warning Stablecoins Could Drain Deposits
July 20, 2026  |  Cryptocurrency

The European Central Bank is adding its voice to banks in the United States in warning that widespread adoption of stablecoins could pull retail deposits...

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Crypto Market Regulation Is Running Out of Time at the Finish Line
Crypto Market Regulation Is Running Out of Time at the Finish Line
July 20, 2026  |  Cryptocurrency

The CLARITY Act was supposed to resolve a relatively straightforward, if technically difficult, question: When is a digital asset a security, when is it a...

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Bank of America Promotes Execs to Champion AI and Crypto
Bank of America Promotes Execs to Champion AI and Crypto
July 19, 2026  |  Personnel

Bank of America has reportedly promoted new leaders to guide its artificial intelligence and crypto efforts. Sonali Theisen has been named the bank’s head of...

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