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

Abu Dhabi, Dubai Shine as Crypto Adoption Continues to Accelerate in MENA

Abu Dhabi, Dubai Shine as Crypto Adoption Continues to Accelerate in MENA
Abu Dhabi, Dubai Shine as Crypto Adoption Continues to Accelerate in MENA
November 13, 2022  |  Cryptocurrency

Home to two of the largest financial centers in the Gulf region — the Abu Dhabi Global Market (ADGM) and the Dubai International Financial Center...

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At Least $1B in FTX Funds Reportedly Missing as Global Regulators Move In
At Least $1B in FTX Funds Reportedly Missing as Global Regulators Move In
November 13, 2022  |  Cryptocurrency

Already facing scrutiny from regulators around the world, collapsed crypto exchange FTX is now dealing with a new problem: the disappearance of at least $1...

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ECB Chair: Regulating Crypto Asset Platforms an ‘Interesting Challenge’
ECB Chair: Regulating Crypto Asset Platforms an ‘Interesting Challenge’
November 13, 2022  |  Cryptocurrency

With crypto exchange FTX under multiple investigations in the wake of its bankruptcy filing on Friday (Nov. 11), regulators around the world are reevaluating the...

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Report: Bahamian Authorities Investigating FTX
Report: Bahamian Authorities Investigating FTX
November 13, 2022  |  Cryptocurrency

Bahamas-based crypto exchange FTX’s troubles continued this weekend with reports that police and regulators in the Caribbean nation had interviewed former CEO Sam Bankman-Fried. Get...

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FTX’s Enron Parallels Have Implications for Crypto’s Great Regulatory Revamp
FTX’s Enron Parallels Have Implications for Crypto’s Great Regulatory Revamp
November 12, 2022  |  Cryptocurrency

FTX’s former CEO is being replaced by one of the men who oversaw Enron’s bankruptcy proceedings. Get the Full Story Complete the form to unlock...

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Genesis to Get $140M Equity Infusion from Parent Company
Genesis to Get $140M Equity Infusion from Parent Company
November 11, 2022  |  Cryptocurrency

Cryptocurrency brokerage Genesis will reportedly get an equity infusion of $140 million from its parent company to strengthen its balance sheet after saying its derivatives...

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FTX US and Alameda Research Each Have Liabilities of $10B to $50B
FTX US and Alameda Research Each Have Liabilities of $10B to $50B
November 11, 2022  |  Cryptocurrency

FTX-affiliated trading firm Alameda Research and FTX US reportedly each have liabilities of as much as $50 billion.  Get the Full Story Complete the form...

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FTX Blowup May Force Banks and VC to Retreat from Crypto Plans
FTX Blowup May Force Banks and VC to Retreat from Crypto Plans
November 11, 2022  |  Cryptocurrency

The FTX blowup and bankruptcy will reshape the crypto industry. That much is certain. Get the Full Story Complete the form to unlock this article...

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