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

Nigerians Switch to Crypto as Country’s Currency Weakens

Nigerians Switch to Crypto as Country’s Currency Weakens
Nigerians Switch to Crypto as Country’s Currency Weakens
August 01, 2022  |  Cryptocurrency

As Nigerians trade more dollar-dominated digital assets, they have been hedging against a drop in value for the naira, which is seeing new lows on...

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Today in Crypto: Russian, Iranian Investors Turn to Dubai’s Crypto Shops to Get Around Sanctions; CryptoPunks NFTs See $2.3M Sales Jump After Tiffany Partnership
Today in Crypto: Russian, Iranian Investors Turn to Dubai’s Crypto Shops to Get Around Sanctions;...
August 01, 2022  |  Cryptocurrency

The U.K.’s Financial Conduct Authority (FCA) announced Monday (Aug. 1) that it has finalized new rules intended to help fight misleading advertisements. Get the Full...

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In Crypto, Market Manipulation Remains a Problem
In Crypto, Market Manipulation Remains a Problem
August 01, 2022  |  Cryptocurrency

If you’re concerned about paying for goods in crypto due to its price volatility, it’s worth noting that a fair bit of that price volatility...

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SEC Charges 11 at Forsage in Alleged $300M Crypto Pyramid and Ponzi Scheme
SEC Charges 11 at Forsage in Alleged $300M Crypto Pyramid and Ponzi Scheme
August 01, 2022  |  Security & Fraud

The Securities and Exchange Commission (SEC) has charged 11 people for their roles in allegedly creating and promoting fraudulent cryptocurrency pyramid and Ponzi scheme Forsage,...

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Ethereum’s Founder Says Meta’s Metaverse Vision Is Doomed
Ethereum’s Founder Says Meta’s Metaverse Vision Is Doomed
August 01, 2022  |  Metaverse

Ethereum Founder Vitalik Buterin is more responsible than anyone for turning blockchain and cryptocurrency from an obscure way to make peer-to-peer payments into a technology...

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PYMNTS Intelligence: Evaluating the ROI of Blockchain Technology
PYMNTS Intelligence: Evaluating the ROI of Blockchain Technology
August 01, 2022  |  Blockchain

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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EBA Chair Says Staffing Is ‘Major Concern’ for Crypto Regulation
EBA Chair Says Staffing Is ‘Major Concern’ for Crypto Regulation
July 31, 2022  |  Regulation

There are reportedly “major concerns” among European regulatory officials about the ability to hire specialized staff to help regulate crypto. Get the Full Story Complete...

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Chainalysis Opens Crypto Security Service for US Government
Chainalysis Opens Crypto Security Service for US Government
July 31, 2022  |  Cybersecurity

Blockchain data platform Chainalysis has started a new subsidiary, Chainalysis Government Solutions, to advise U.S. defense, intelligence, law enforcement and civilian agencies, a company post...

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Celsius Network Crash Leaves Customers Struggling Without Funds
Celsius Network Crash Leaves Customers Struggling Without Funds
July 31, 2022  |  Cryptocurrency

Crypto lending is going sour for many investors who are now seeing very real risks play out as companies like Celsius go under, leaving withdrawals...

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