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

CBDC Weekly: Report Says CBDCs Can Outdo Crypto; Fed’s Powell Sees Role in Strengthening Dollar

CBDC Weekly: Report Says CBDCs Can Outdo Crypto; Fed’s Powell Sees Role in Strengthening Dollar
CBDC Weekly: Report Says CBDCs Can Outdo Crypto; Fed’s Powell Sees Role in Strengthening Dollar
June 21, 2022  |  CBDC

The Bank for International Settlement has its “2022 Annual Economic Report” coming out next week and wanted to highlight its opinion of cryptocurrencies, releasing that...

READ MORE >
Is One of Crypto’s Richest Billionaires Becoming its ‘Lender of Last Resort?’
Is One of Crypto’s Richest Billionaires Becoming its ‘Lender of Last Resort?’
June 21, 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....

READ MORE >
BIS Says CBDCs Can Do Anything Crypto Can, but Better
BIS Says CBDCs Can Do Anything Crypto Can, but Better
June 21, 2022  |  CBDC

Anything that crypto can do, central bank digital currencies (CBDCs) can do better. Get the Full Story Complete the form to unlock this article and...

READ MORE >
CompoSecure Adds NFT, Crypto Support to Arculus Wallet
CompoSecure Adds NFT, Crypto Support to Arculus Wallet
June 21, 2022  |  Cryptocurrency

Crypto financial services provider CompoSecure is expanding its Arculus Wallet to support WalletConnect integration, non-fungible tokens (NFTs) and 16 new cryptocurrencies. Get the Full Story...

READ MORE >
Crypto Lender BlockFi Secures $250M Credit Line From FTX
Crypto Lender BlockFi Secures $250M Credit Line From FTX
June 21, 2022  |  Cryptocurrency

Cryptocurrency lending startup BlockFi secured a $250 million credit line with cryptocurrency exchange FTX to bolster its balance sheet and provide long-term stability. Get the...

READ MORE >
Following Crypto Crash, Search for the Bottom Begins in Earnest
Following Crypto Crash, Search for the Bottom Begins in Earnest
June 21, 2022  |  Bitcoin

As bitcoin crashed well below the psychologically important $20,000 mark over the Juneteenth holiday weekend, bottoming out at levels not seen since the very beginning...

READ MORE >
Crypto Lender Babel Announces Debt Relief
Crypto Lender Babel Announces Debt Relief
June 21, 2022  |  Cryptocurrency

Four days after freezing withdrawals, cryptocurrency lender Babel Finance announced Monday (June 20) on its website that it had “reached preliminary agreements on the repayment...

READ MORE >
South Korea Tells Terraform Staff to Stay in Country, Indicating Investigation Ramp-Up
South Korea Tells Terraform Staff to Stay in Country, Indicating Investigation Ramp-Up
June 21, 2022  |  International

The South Korean government has ordered current and former staff of Terraform Labs to stay in the country, Bloomberg reported Tuesday (June 21). The move...

READ MORE >
PYMNTS AM Radar: Musk Coin Love; Survivor FinTech; Meta Taste Buds; Smart Tech; ICYMI
PYMNTS AM Radar: Musk Coin Love; Survivor FinTech; Meta Taste Buds; Smart Tech; ICYMI
June 21, 2022  |  News

Today is Tuesday, June 21 and it’s the first day of summer and the longest day of the year. While this would normally be a...

READ MORE >