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

Crypto Lender BlockFi Secures $250M Credit Line From FTX

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...

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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...

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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...

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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...

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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...

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Musk Reiterates Support for Dogecoin
Musk Reiterates Support for Dogecoin
June 21, 2022  |  Cryptocurrency

The free-falling cryptocurrency market is not stopping Elon Musk from continuing his support of dogecoin, and he will continue to buy and hold the meme...

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Israel Central Bank Says DeFi Smart Contracts May Need Oversight
Israel Central Bank Says DeFi Smart Contracts May Need Oversight
June 20, 2022  |  Blockchain

A report Monday (June 20) from Israel’s central bank suggested that decentralized finance (DeFi) smart contracts may require oversight to prevent “malicious” acts, Bloomberg wrote....

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Crypto Firms Curtail Marketing Spend Amid Market Changes
Crypto Firms Curtail Marketing Spend Amid Market Changes
June 20, 2022  |  Cryptocurrency

Several crypto firms have been cutting back on their marketing spending, months after spending big on several ad campaigns and Super Bowl ads, The Wall...

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Today in Crypto: UK Loosens ID Rules on Unhosted Wallets; Babel Finance Reaches Debt Agreement; Bitcoin Rebounds Above $20K
Today in Crypto: UK Loosens ID Rules on Unhosted Wallets; Babel Finance Reaches Debt Agreement;...
June 20, 2022  |  Cryptocurrency

The U.K. Treasury has gone back on a new rule regarding practices related to data collection for unhosted wallets, according to a report published Monday...

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