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

Today in Crypto: High School Hacker to Pay $22M in AT&T Case

Today in Crypto: High School Hacker to Pay $22M in AT&T Case
Today in Crypto: High School Hacker to Pay $22M in AT&T Case
October 16, 2022  |  Cryptocurrency

Twenty-year-old crypto hacker Ellis Pinsky will have to pay $22 million to the victim of his scheme, crypto investor Michael Terpin, Coindesk wrote. Get the...

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CFTC’s Romero Wants New Definitions for Retail Investors
CFTC’s Romero Wants New Definitions for Retail Investors
October 16, 2022  |  Cryptocurrency

Commodity Futures Trading Commission (CFTC) commissioner Christy Goldsmith Romero said the agency needs to look at how it sets rules for retail investors, as it...

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Crypto, Bank Overlap a Focus of DC FinTech Week
Crypto, Bank Overlap a Focus of DC FinTech Week
October 14, 2022  |  Cryptocurrency

Crypto’s recent volatility has shone a spotlight on the risks digital assets can pose for banks, according to Michael Barr, vice chair for supervision of...

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NYDIG Cuts 33% of Workforce in Move to Refocus
NYDIG Cuts 33% of Workforce in Move to Refocus
October 14, 2022  |  Personnel

Cryptocurrency trading broker NYDIG reportedly slashed its workforce by about 33% days before the company replaced two executives last month, including its CEO, and had...

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DeFi Draws Closer to Institutional Market as EU Eyes Automatic Blockchain Monitoring
DeFi Draws Closer to Institutional Market as EU Eyes Automatic Blockchain Monitoring
October 14, 2022  |  Cryptocurrency

In the first few years of Decentralized Finance (DeFi), platforms like Uniswap and Pancakeswap fueled the explosion of a field that has been defined by...

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Today in Crypto: Coinbase Touts ML Site Security; Voyager Creditors Against Granting Firm Execs Immunity
Today in Crypto: Coinbase Touts ML Site Security; Voyager Creditors Against Granting Firm Execs Immunity
October 13, 2022  |  Cryptocurrency

Coinbase has touted its machine learning team’s ability to develop modeling techniques to find bad actors, keeping users’ accounts safe, a company blog said. Get...

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Crypto Hackers Clean Up in October, Adding to $3B Haul 
Crypto Hackers Clean Up in October, Adding to $3B Haul 
October 13, 2022  |  Cryptocurrency

Crypto hackers busted through the gates of 2022 mounting up record hauls of swiped assets, already closing in on last year’s tally. Get the Full...

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Today in Crypto: Fraudster Takes $100M in Solana Heist; Fed’s Barr Calls Crypto Deposits ‘Liquidity Risks’
Today in Crypto: Fraudster Takes $100M in Solana Heist; Fed’s Barr Calls Crypto Deposits ‘Liquidity...
October 12, 2022  |  Cryptocurrency

A European Central Bank (ECB) study found that retail central bank digital currencies (rCBDCs), which would be used for everyday retail transactions, will see difficulties...

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Crypto Deposits Pose ‘Heightened Liquidity Risks’ for Banks: Fed’s Barr
Crypto Deposits Pose ‘Heightened Liquidity Risks’ for Banks: Fed’s Barr
October 12, 2022  |  Cryptocurrency

Recent volatility in cryptocurrency markets has put a spotlight on some potential risks for banks, the Federal Reserve’s Michael S. Barr said in a speech...

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