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

Voyager Digital Bankruptcy Hints at Crypto’s Shaky Foundations 
Voyager Digital Bankruptcy Hints at Crypto’s Shaky Foundations 
July 06, 2022  |  Cryptocurrency

The implosion of crypto lender Voyager Digital — which filed for bankruptcy protection on Wednesday (July 6) — begs the question as to when, or...

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MoneyGram, Stellar Integrate Wyre With Crypto-to-Cash Conversion Service
MoneyGram, Stellar Integrate Wyre With Crypto-to-Cash Conversion Service
July 06, 2022  |  Cryptocurrency

Cryptocurrency infrastructure provider Wyre has integrated with digital payments platform MoneyGram’s global on- and off-ramp service for digital wallets that debuted last month on the...

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Crypto’s Celebrity Endorsements Attract Customers, Repel Critics
Crypto’s Celebrity Endorsements Attract Customers, Repel Critics
July 06, 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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Today in TechREG: Amazon Faces a New UK Antitrust Investigation; Department of Commerce Urged to Slow Roll CBDCs and Clarify Crypto Rules 
Today in TechREG: Amazon Faces a New UK Antitrust Investigation; Department of Commerce Urged to...
July 06, 2022  |  Regulation

Today, the U.K. Competition Markets Authority launched an investigation against Amazon for allegedly giving its own sellers an unfair advantage in its marketplace over third...

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BoE: Digital Pounds Likely to Be Managed Through Accounts
BoE: Digital Pounds Likely to Be Managed Through Accounts
July 06, 2022  |  CBDC

Bank of England (BoE) Deputy Governor Jon Cunliffe said Wednesday (July 6) during a panel discussion that any proposed digital pound would likely be managed...

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Reckless Crypto Lending, Opaque Operations Paved Voyager Digital’s Path to Bankruptcy
Reckless Crypto Lending, Opaque Operations Paved Voyager Digital’s Path to Bankruptcy
July 06, 2022  |  Cryptocurrency

A $500 million line of credit couldn’t save crypto brokerage Voyager Digital from bankruptcy. Get the Full Story Complete the form to unlock this article...

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Department of Commerce Urged to Slow Roll CBDCs and Clarify Crypto Rules
Department of Commerce Urged to Slow Roll CBDCs and Clarify Crypto Rules
July 06, 2022  |  Regulation

Following President’s Biden Executive Order on crypto assets issued in March, the Department of Commerce (DOC) launched a consultation in May seeking feedback that would...

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PYMNTS AM Radar: Grubhub Prime Perk; Chapter 11; Bring on on the Fun; Mobility Without Fraud; ICYMI
PYMNTS AM Radar: Grubhub Prime Perk; Chapter 11; Bring on on the Fun; Mobility Without...
July 06, 2022  |  News

Today is Wednesday (July 6) and gas prices have fallen for 21 consecutive days, with the national average today at $4.78, according to AAA. The Institute...

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Crypto Lender Voyager Seeks Chapter 11 Protection
Crypto Lender Voyager Seeks Chapter 11 Protection
July 06, 2022  |  Cryptocurrency

Crypto lender Voyager filed for Chapter 11 bankruptcy protection a week after halting withdrawals and two weeks after getting a $485 million bailout from FTX...

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