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)

Binance Discontinues Visa Debit Card Services in Europe
Binance Discontinues Visa Debit Card Services in Europe
October 20, 2023  |  Cryptocurrency

Binance, one of the world’s largest cryptocurrency exchanges, has announced that it will no longer offer its Binance card services in the European Economic Area...

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SEC Drops Claims Against Ripple Executives
SEC Drops Claims Against Ripple Executives
October 20, 2023  |  Cryptocurrency

Blockchain firm Ripple scored another victory in its 3-year-old battle with the Securities and Exchange Commission (SEC). The SEC plans to dismiss its claims that...

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FTX Trial: The Adults Are Tanking ‘Cool Kid’ Bankman-Fried’s Defense
FTX Trial: The Adults Are Tanking ‘Cool Kid’ Bankman-Fried’s Defense
October 20, 2023  |  Legal

It is the end of the third week of Sam Bankman-Fried’s multibillion-dollar criminal fraud trial. The trial itself is approaching halftime, with the prosecution expected...

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Gemini, DCG Face Lawsuit Alleging $1.1 Billion Fraud
Gemini, DCG Face Lawsuit Alleging $1.1 Billion Fraud
October 19, 2023  |  Cryptocurrency

Crypto exchange Gemini and venture capital firm Digital Currency Group (DCG) are facing a lawsuit filed by New York Attorney General Letitia James, alleging the companies defrauded customers of $1.1...

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Ex-FTX Lawyer Testifies Company Falsely Promised Asset Protection
Ex-FTX Lawyer Testifies Company Falsely Promised Asset Protection
October 19, 2023  |  Legal

A former FTX lawyer testified that the company had falsely promised institutional customers, including hedge fund Sculptor Capital Management, that their assets would be safe in...

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Bitcoin ATM Installations Plummet to Two-Year Low
Bitcoin ATM Installations Plummet to Two-Year Low
October 19, 2023  |  Cryptocurrency

The number of bitcoin ATMs worldwide have hit a two-year low. Over the past year, the number of bitcoin ATMs available has declined by 7,000,...

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Binance France Director Resigns, 5th Top Exec to Leave in 4 Months
Binance France Director Resigns, 5th Top Exec to Leave in 4 Months
October 18, 2023  |  Personnel

Stéphanie Cabossioras has resigned as the managing director of Binance’s French unit, the latest in a line of leaders to depart the cryptocurrency exchange. Cabossioras,...

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Digital Euro Begins Two-Year Prep Phase at European Central Bank
Digital Euro Begins Two-Year Prep Phase at European Central Bank
October 18, 2023  |  CBDC

The European Central Bank (ECB) is closer to launching a digital euro. The ECB announced in a Wednesday (Oct. 18) press release that it will...

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Hamas’ Alleged Crypto Use Has Lawmakers Pressing Biden for Answers
Hamas’ Alleged Crypto Use Has Lawmakers Pressing Biden for Answers
October 18, 2023  |  Cryptocurrency

Reports emerged last week that Hamas’ attack on Israel might have been financed with cryptocurrency. Now, a bipartisan group of U.S. lawmakers — led by...

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