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

Founder of My Big Coin Convicted of Fraud

Founder of My Big Coin Convicted of Fraud
Founder of My Big Coin Convicted of Fraud
July 22, 2022  |  Cryptocurrency

A federal jury has convicted the founder of cryptocurrency company My Big Coin of cheating investors out of more than $6 million by selling them...

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Report: FTX and Bithumb in Acquisition Talks
Report: FTX and Bithumb in Acquisition Talks
July 22, 2022  |  Cryptocurrency

Crypto-trading platform FTX and crypto-trading platform Bithumb are in advanced discussions that could lead to FTX buying the South Korean company, Bloomberg reported. Get the...

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Africa’s BEAC Could Launch Common Digital Currency
Africa’s BEAC Could Launch Common Digital Currency
July 22, 2022  |  Africa

The Bank of Central African States (BEAC), which serves Cameroon, Gabon, Chad, the Republic of Congo, Equatorial Guinea and the Central African Republic (CAR), could...

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Bitcoin’s Rebound — Dead Cat Bounce or Sign of 9 Lives?
Bitcoin’s Rebound — Dead Cat Bounce or Sign of 9 Lives?
July 22, 2022  |  Bitcoin

For the first time since mid-June, bitcoin is on track to close out a week without dipping below the psychologically vital $20,000 mark, and spent...

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Coinbase’s SEC Petition Opens New Can of Crypto Regulation Worms
Coinbase’s SEC Petition Opens New Can of Crypto Regulation Worms
July 22, 2022  |  Cryptocurrency

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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China’s Tencent to Shut Down NFT Platform
China’s Tencent to Shut Down NFT Platform
July 22, 2022  |  Cryptocurrency

China’s Tencent Holdings is preparing to close down its year-old non-fungible token (NFT) platform, an apparent victim of a government ban on secondary digital collectible...

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MENA Weekly: Crypto, eCommerce Reaffirm UAE’s Position as Cornerstone of Regional Economy
MENA Weekly: Crypto, eCommerce Reaffirm UAE’s Position as Cornerstone of Regional Economy
July 22, 2022  |  International

In news from the Middle East and North Africa (MENA), the United Arab Emirates is a cornerstone of the regional economy, attracting international investment and...

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Weekly TechREG: US, UK Lawmakers Move Stablecoin Bills; CFPB Could Force Banks to Reimburse Scam, Fraud Victims 
Weekly TechREG: US, UK Lawmakers Move Stablecoin Bills; CFPB Could Force Banks to Reimburse Scam,...
July 22, 2022  |  Regulation

This week, the U.K. government introduced the Financial Services and Markets Bill, which would amend banking regulations to include stablecoins as a new payment method....

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Expertise, Experience and Focus Are Critical When Choosing a Crypto Payments Processor
Expertise, Experience and Focus Are Critical When Choosing a Crypto Payments Processor
July 22, 2022  |  Cryptocurrency

Welcome to the first article in a new PYMNTS series, “The Merchants Guide to Accepting Crypto: The Questions to Ask,” which aimed at helping merchants...

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