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

Customers Flee Coinbase’s Fees, Pushing Exchange Out of Top 10

Customers Flee Coinbase’s Fees, Pushing Exchange Out of Top 10
Customers Flee Coinbase’s Fees, Pushing Exchange Out of Top 10
July 15, 2022  |  Cryptocurrency

Coinbase is bleeding customers so quickly that it has collapsed out of the top 10 global cryptocurrency exchanges, dropping from fourth to 14th in just...

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Weekly TechREG US: NY Regulator Prohibits Overdraft, NSF Fees; California Probes Crypto Lender Over Withdrawal Suspensions
Weekly TechREG US: NY Regulator Prohibits Overdraft, NSF Fees; California Probes Crypto Lender Over Withdrawal...
July 15, 2022  |  Regulation

This week in TechREG, state regulators have been very active proposing new regulations and taking enforcement actions. California probed several crypto lenders for suspending withdrawals...

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Market Crash Tests Crypto’s Survival of the Fittest
Market Crash Tests Crypto’s Survival of the Fittest
July 15, 2022  |  Cryptocurrency

When TerraUSD or UST, an algorithmic stablecoin that was supposed to be pegged to the dollar, collapsed in May, it sent shockwaves across the crypto...

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Today in Crypto: Circle Reveals USDC Reserve Assets; Celsius Details Billion-Dollar Budget Hole in Chapter 11 Filings
Today in Crypto: Circle Reveals USDC Reserve Assets; Celsius Details Billion-Dollar Budget Hole in Chapter...
July 14, 2022  |  Cryptocurrency

Circle has said it wants to add more transparency to its operations, and has begun to share mint and burn data for its USD Coin...

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NFT Marketplace OpenSea Cuts 20% of Staff
NFT Marketplace OpenSea Cuts 20% of Staff
July 14, 2022  |  Personnel

Non-fungible token (NFT) marketplace OpenSea will lay off 20% of its headcount amid the crypto market downturn, according to a Thursday (July 14) Twitter post...

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Brazilian Bank Itaú to Debut Asset Tokenization Platform, Crypto Custody Services
Brazilian Bank Itaú to Debut Asset Tokenization Platform, Crypto Custody Services
July 14, 2022  |  Cryptocurrency

The largest private bank in Brazil, Itaú Unibanco, has announced plans to roll out a new asset tokenization platform, which will turn regular finance products...

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Gensler Says SEC Can ‘Exempt’ Crypto Firms From Disclosures — If They Register
Gensler Says SEC Can ‘Exempt’ Crypto Firms From Disclosures — If They Register
July 14, 2022  |  Cryptocurrency

Securities and Exchange Commission (SEC) Chairman Gary Gensler did not, in fact, offer to exempt cryptocurrency exchanges, lenders and broker dealers from securities laws. Get...

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Stablecoin Collapse Sent Voyager Digital and Celsius on Different Paths to Bankruptcy
Stablecoin Collapse Sent Voyager Digital and Celsius on Different Paths to Bankruptcy
July 14, 2022  |  Cryptocurrency

When Celsius Network became the second crypto lender to enter bankruptcy Wednesday (July 13) it looked from the surface like the last of the big...

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Plaid Adds Support for Digital Asset Exchanges
Plaid Adds Support for Digital Asset Exchanges
July 14, 2022  |  Digital Banking

Payment processing firm Plaid is now supporting digital asset exchanges and investment platforms to meet the growing number of people using cryptocurrencies. Get the Full...

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