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

New CEO Says FTX’s ‘Complete Failure’ Worse Than Enron

New CEO Says FTX’s ‘Complete Failure’ Worse Than Enron
New CEO Says FTX’s ‘Complete Failure’ Worse Than Enron
November 17, 2022  |  Cryptocurrency

Despite 40 years of corporate restructuring experience, John J. Ray said he’s never seen a company as badly run as fallen cryptocurrency exchange FTX. Get...

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Wells Fargo and HSBC Add Offshore Yuan to FX System
Wells Fargo and HSBC Add Offshore Yuan to FX System
November 17, 2022  |  Blockchain

Wells Fargo and HSBC, two of the world’s largest banks, have added the offshore version of China’s yuan (CNH) to their blockchain-based foreign exchange (FX)...

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Brazil’s Crypto Fans Push for New Laws After FTX Fall
Brazil’s Crypto Fans Push for New Laws After FTX Fall
November 17, 2022  |  Cryptocurrency

Brazil’s cryptocurrency sector wants the country to approve legislation providing oversight to their industry, part of a wave of calls for more regulation in the...

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FTX Founder: Filing for Bankruptcy Was Bad Move
FTX Founder: Filing for Bankruptcy Was Bad Move
November 17, 2022  |  Cryptocurrency

The founder of fallen cryptocurrency giant FTX says his company’s decision last week to declare bankruptcy was a mistake. Get the Full Story Complete the...

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FTC Looks to Stop DK Automation Selling Alleged Fake Business Opportunities
FTC Looks to Stop DK Automation Selling Alleged Fake Business Opportunities
November 16, 2022  |  Security & Fraud

Saying they made false claims promising consumers a “passive income,” the Federal Trade Commission (FTC) has taken action against DK Automation and its owners Kevin...

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Calls for Stablecoin Regulation Gain Urgency as New Congress Looms
Calls for Stablecoin Regulation Gain Urgency as New Congress Looms
November 16, 2022  |  Cryptocurrency

The drumbeat for stablecoin regulation grows louder. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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US Lawmakers Hope for Stablecoin Bill This Year
US Lawmakers Hope for Stablecoin Bill This Year
November 16, 2022  |  Cryptocurrency

Sens. Kirsten Gillibrand, Patrick Toomey and Cynthia Lummis are reportedly working on legislation that would establish regulations for stablecoins and hope to get it in front...

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SBF Spin Machine Sets Cycle to Reputation Wash
SBF Spin Machine Sets Cycle to Reputation Wash
November 16, 2022  |  Cryptocurrency

While FTX’s bankruptcy continues to reverberate across the entire cryptocurrency ecosystem, negatively impacting perception of the entire space, the exchange’s former CEO, Sam Bankman-Fried (SBF),...

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FTX’s Celebrity Endorsers Brady, Curry and Others Named in Lawsuit
FTX’s Celebrity Endorsers Brady, Curry and Others Named in Lawsuit
November 16, 2022  |  Cryptocurrency

The fallout from the collapse of FTX has reportedly now extended to celebrities who appeared in the cryptocurrency exchange’s commercials.  Get the Full Story Complete...

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