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

More Than 130 FTX Group Companies File for Bankruptcy

More Than 130 FTX Group Companies File for Bankruptcy
More Than 130 FTX Group Companies File for Bankruptcy
November 11, 2022  |  Cryptocurrency

FTX Group companies have filed for bankruptcy protection after a tumultuous week that included news of a liquidity crisis, investigations by United States regulators and...

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BlockFi Halts Withdrawals in FTX Fallout
BlockFi Halts Withdrawals in FTX Fallout
November 11, 2022  |  Cryptocurrency

In the first major collateral casualty of the collapse of FTX, BlockFi announced via a tweet in the early hours of Friday (Nov. 11) morning...

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FinTech IPO Index Leaps 8.9% Thursday but Upstart Signals Tough Times Ahead
FinTech IPO Index Leaps 8.9% Thursday but Upstart Signals Tough Times Ahead
November 11, 2022  |  Investments

As impressive as Thursday’s (Nov. 10) historic market advance was — including the 8.9% jump in the FinTech IPO Index — a one-day rally does...

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Coinbase Cuts 60 in Recruiting and Onboarding Teams
Coinbase Cuts 60 in Recruiting and Onboarding Teams
November 10, 2022  |  Cryptocurrency

After making job cuts that totaled 18% of its full-time workforce in June, cryptocurrency exchange Coinbase has announced another 60 layoffs.  Get the Full Story...

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Cracks Appear in Regulation as EU Delays MiCA
Cracks Appear in Regulation as EU Delays MiCA
November 10, 2022  |  Cryptocurrency

What a difference a week makes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Rep. Waters: FTX.com Collapse Highlights ‘Urgent Need for Legislation’
Rep. Waters: FTX.com Collapse Highlights ‘Urgent Need for Legislation’
November 10, 2022  |  Regulation

The recent news around cryptocurrency exchange FTX.com has highlighted the need for legislation to protect consumers, Congresswoman Maxine Waters, chairwoman of the House Financial Services...

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FTX Searching for $9.4 Billion Investment to Avoid Bankruptcy
FTX Searching for $9.4 Billion Investment to Avoid Bankruptcy
November 10, 2022  |  Cryptocurrency

In the wake of the collapse of Binance’s buyout of crypto trading competitor FTX, FTX’s CEO Sam Bankman-Fried has begun the search for new major...

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CFPB: Frauds and Scams Make up 40% of Crypto Complaints
CFPB: Frauds and Scams Make up 40% of Crypto Complaints
November 10, 2022  |  Security & Fraud

They call it “pig butchering.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Crypto Execs Call For Clearer Regulations in Wake of FTX Collapse
Crypto Execs Call For Clearer Regulations in Wake of FTX Collapse
November 10, 2022  |  Cryptocurrency

The heads of three high-profile cryptocurrency companies say the U.S. lacks a clear set of regulations for their industry, which is why most trading happens...

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