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

JPMorgan’s Kelly: Sell Crypto, Stay Away From Large Cap Tech Stocks
JPMorgan’s Kelly: Sell Crypto, Stay Away From Large Cap Tech Stocks
August 29, 2022  |  Cryptocurrency

JPMorgan Asset Management’s David Kelly thinks investors ought to focus on value stocks as the Federal Reserve continues to raise rates, Bloomberg reported Monday (Aug....

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The Case for Crypto Proof of Work: Bitcoin Is Dirtier but Safer
The Case for Crypto Proof of Work: Bitcoin Is Dirtier but Safer
August 29, 2022  |  Cryptocurrency

The blockchain industry has voted with its feet, and Bitcoin-style mining for cryptocurrency has largely been relegated to the scrap heap of history, at least...

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Court Says Central African Republic’s Crypto Sales Are Unconstitutional
Court Says Central African Republic’s Crypto Sales Are Unconstitutional
August 29, 2022  |  Cryptocurrency

The Central African Republic’s top court has ruled that using government-backed cryptocurrency to purchase land, citizenship and “e-residency” goes against the country’s constitution. Get the...

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Indonesia’s GoTo Gets Into Crypto With Kripto Maksima Purchase
Indonesia’s GoTo Gets Into Crypto With Kripto Maksima Purchase
August 29, 2022  |  Acquisitions

Indonesian tech firm GoTo is getting into the cryptocurrency business — and hoping to diversify its services — with its purchase of local crypto exchange...

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SEC Homes in on Small Cryptos to Bolster Oversight Case
SEC Homes in on Small Cryptos to Bolster Oversight Case
August 29, 2022  |  Cryptocurrency

The Securities and Exchange Commission appears to be targeting a trio of smaller, privacy-focused cryptocurrencies, including Stellar’s lumen token, the world’s largest digital asset manager...

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Singapore Moves to Protect Retail Crypto Traders From Themselves
Singapore Moves to Protect Retail Crypto Traders From Themselves
August 29, 2022  |  Cryptocurrency

Pointing to retail cryptocurrency investors as being “irrationally oblivious” about the risks, the head of Singapore’s central bank is weighing new measures to restrict and...

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3 Things to Know About the UK’s DFMI Consortium Exploring Future of Money
3 Things to Know About the UK’s DFMI Consortium Exploring Future of Money
August 29, 2022  |  Cryptocurrency

Last week saw the launch of the Digital Financial Markets Infrastructure (DFMI) consortium, a cross-industry body committed to exploring the future of money through real...

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Today in Crypto: Taliban Bans Crypto, Arrests Dealers; Grayscale Tells SEC That 3 Crypto Coins May Be Securities
Today in Crypto: Taliban Bans Crypto, Arrests Dealers; Grayscale Tells SEC That 3 Crypto Coins...
August 28, 2022  |  Cryptocurrency

The Securities and Exchange Commission (SEC) has been questioning Grayscale Investments over its “securities law analysis” of tokens in a few smaller crypto trusts, a...

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Tether Audit, Promised for 5 Years, Still Months Away, CTO Says
Tether Audit, Promised for 5 Years, Still Months Away, CTO Says
August 28, 2022  |  Cryptocurrency

Tether has said an audit of its finances, meant to assure of its stability, could still be months off, according to Chief Technology Officer Paolo...

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