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

Today in Crypto: Crypto Hit by Margin Calls; FTX Looking to Add BlockFi Stake to Portfolio

Today in Crypto: Crypto Hit by Margin Calls; FTX Looking to Add BlockFi Stake to Portfolio
Today in Crypto: Crypto Hit by Margin Calls; FTX Looking to Add BlockFi Stake to...
June 26, 2022  |  Cryptocurrency

With the mass slump in bitcoin making it harder for miners to repay the $4 billion in loans backing their equipment, there could be risks...

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Crypto’s ‘Future Is on the Right Path,’ Says Singapore FinTech Regulator
Crypto’s ‘Future Is on the Right Path,’ Says Singapore FinTech Regulator
June 26, 2022  |  Cryptocurrency

Sopnendu Mohanty, chief FinTech officer with Singapore’s regulator, is praising the leadership of some big crypto firms — saying several leaders like Binance and Crypto.com...

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Report: Goldman Sachs Seeks $2B to Buy Celsius Assets
Report: Goldman Sachs Seeks $2B to Buy Celsius Assets
June 26, 2022  |  Cryptocurrency

Goldman Sachs is trying to raise $2 billion toward buying the assets of Celsius Network, a distressed crypto lender struggling amid the turmoil in the...

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El Salvador Weekly: Bitcoin Remittances Aren’t Happening; Veterinary Clinic’s Running on Loans
El Salvador Weekly: Bitcoin Remittances Aren’t Happening; Veterinary Clinic’s Running on Loans
June 24, 2022  |  Cryptocurrency

The government-issued Chivo digital wallet was supposed to be a way to encourage Salvadorans to adopt bitcoin after the government of President Nayib Bukele made...

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US Comptroller Takes a Victory Lap on Crypto
US Comptroller Takes a Victory Lap on Crypto
June 24, 2022  |  Cryptocurrency

It wasn’t exactly an “I told you so,” but Comptroller of the Currency Michael Hsu didn’t mince words either when discussing crypto’s place in the...

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Bottomed Out or Still Running? Weekend May Seal Bitcoin’s Fate
Bottomed Out or Still Running? Weekend May Seal Bitcoin’s Fate
June 24, 2022  |  Cryptocurrency

Bitcoin’s been on a roller coaster this week, bouncing above and below $20,000, a price that is a line in the sand for the first...

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Celsius Hires Restructuring Experts Ahead of Possible Bankruptcy
Celsius Hires Restructuring Experts Ahead of Possible Bankruptcy
June 24, 2022  |  Cryptocurrency

Embattled cryptocurrency lender Celsius Network has hired restructuring consultants as it prepares for a possible bankruptcy. Get the Full Story Complete the form to unlock...

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Crypto Exchange FTX Looking to Add BlockFi Stake to Portfolio
Crypto Exchange FTX Looking to Add BlockFi Stake to Portfolio
June 24, 2022  |  Cryptocurrency

Cryptocurrency exchange FTX is in talks to acquire a stake in crypto lender BlockFi after giving it a $250 million credit line this week, people...

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85% of Big Retailers Accept Cryptocurrency as a Form of Payment
85% of Big Retailers Accept Cryptocurrency as a Form of Payment
June 24, 2022  |  Cryptocurrency

Merchants and consumers have had enough experience with cryptocurrencies that they understand the advantages they offer as a payment method. Get the Full Story Complete...

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