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

FBI Warns Fake Crypto Apps Robbed Investors of Millions

FBI Warns Fake Crypto Apps Robbed Investors of Millions
FBI Warns Fake Crypto Apps Robbed Investors of Millions
July 19, 2022  |  Security & Fraud

The FBI is warning investors and financial institutions (FIs) that fraudulent cryptocurrency apps tricked 244 victims out of $42.7 million between October 2021 and May...

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US Treasury’s Liang Offers Path for Nonbank Stablecoins
US Treasury’s Liang Offers Path for Nonbank Stablecoins
July 18, 2022  |  Cryptocurrency

Nellie Liang, the U.S. Treasury Department’s undersecretary for domestic finance, thinks it would be OK for nonbanks to issue stablecoins, Coindesk reported Monday (July 18)....

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Today in Crypto: Retail Investors May Shoulder Celsius’ Bankruptcy; Altcoins Outperform Bitcoin as Investors Return
Today in Crypto: Retail Investors May Shoulder Celsius’ Bankruptcy; Altcoins Outperform Bitcoin as Investors Return
July 18, 2022  |  Cryptocurrency

After months of chaos and volatility, the crypto market may be seeing a minor light at the end of the tunnel, as the prices of...

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Southland Credit Union Teams With NYDIG on Mobile Crypto Trading
Southland Credit Union Teams With NYDIG on Mobile Crypto Trading
July 18, 2022  |  Cryptocurrency

Southland Credit Union on Monday (July 18) teamed up with bitcoin platform NYDIG to become the second credit union in Southern California to offer cryptocurrency...

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Lawmaker: Stablecoin Bill Could Bypass Regulators
Lawmaker: Stablecoin Bill Could Bypass Regulators
July 18, 2022  |  Cryptocurrency

A member of the House Financial Services Committee said lawmakers could overrule U.S. regulators who want stablecoins to be governed solely by banks. Get the...

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Meow Raises $22M in Series A Funding Round
Meow Raises $22M in Series A Funding Round
July 18, 2022  |  Investments

Crypto corporate treasury firm Meow raised $22 million in a Series A funding round led by Tiger Global, with participation from QED Investors, FTX and others, as...

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Lessons From the Crypto Market Pullback 
Lessons From the Crypto Market Pullback 
July 18, 2022  |  Opinion

Kim Grauer, head of research at Chainalysis, writes in the PYMNTS eBook “Baseline 2022: What the Next Six Months Holds” that the crypto industry has...

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Dutch Central Bank Hits Binance With $3.37M Fine
Dutch Central Bank Hits Binance With $3.37M Fine
July 18, 2022  |  Cryptocurrency

The world’s largest cryptocurrency exchange, Binance, was hit with a $3.37 million fine by the Dutch Central Bank for offering services without obtaining the proper registration....

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PagoNxt CEO: Blurring of Bank, FinTech Lines Will Drive EU Payments Growth
PagoNxt CEO: Blurring of Bank, FinTech Lines Will Drive EU Payments Growth
July 18, 2022  |  B2B Payments

If there was ever a time traditional banks have felt the intense pressure to abandon legacy infrastructure and embrace digital innovation, it has been in...

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