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)

Ripple Will Launch Dollar-Pegged Stablecoin
Ripple Will Launch Dollar-Pegged Stablecoin
April 04, 2024  |  Cryptocurrency

Blockchain/cryptocurrency company Ripple plans to launch a dollar-pegged stablecoin. The coin will be backed 100% by U.S. dollar deposits, short-term U.S. government treasuries, and other cash equivalents,...

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Xoom Users Can Now Make Transfers With PayPal Stablecoins
Xoom Users Can Now Make Transfers With PayPal Stablecoins
April 04, 2024  |  Cross-border Payments

Cross-border money transfer service Xoom now lets users make transactions with PayPal’s USD stablecoin. Xoom, owned by PayPal, said in a Thursday (April 4) press release that the...

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Singapore Licenses Crypto Platform GSR Markets
Singapore Licenses Crypto Platform GSR Markets
April 04, 2024  |  Cryptocurrency

Regulators in Singapore have given a license to cryptocurrency market maker GSR Markets. As Bloomberg News noted in a report late Wednesday (April 3), the move is a...

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Binance Executive Held in Nigeria Makes First Court Appearance
Binance Executive Held in Nigeria Makes First Court Appearance
April 04, 2024  |  Legal

Binance’s head of financial crime compliance, Tigran Gambaryan, appeared in court in Nigeria for the first time Thursday (April 4). Gambaryan, who is a U.S. citizen,...

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Report: Galaxy Digital Recruiting Investors for $100 Million Crypto Fund
Report: Galaxy Digital Recruiting Investors for $100 Million Crypto Fund
April 03, 2024  |  Cryptocurrency

Galaxy Digital Holdings is reportedly talking with outside investors to assemble a $100 million fund to invest in early-stage crypto companies. The planned Galaxy Ventures Fund...

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Messaging Platform Telegram Pivots to Crypto Payments for Ads 
Messaging Platform Telegram Pivots to Crypto Payments for Ads 
April 03, 2024  |  Cryptocurrency

Throughout nearly their entire history, cryptocurrencies have represented the archetypal innovation in search of a problem. And while they’ve succeeded as an unregulated store of value, as...

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BitMart Taps Banxa to Help Build Ecosystem for Native Crypto Token
BitMart Taps Banxa to Help Build Ecosystem for Native Crypto Token
April 02, 2024  |  Cryptocurrency

Digital assets trading platform BitMart has deepened its collaboration with cryptocurrency payment infrastructure provider Banxa to build the ecosystem for BMX, BitMart’s native token. Together, BitMart and Banxa will...

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Report: Crypto-Focused VC Firm Paradigm Working to Raise New Fund
Report: Crypto-Focused VC Firm Paradigm Working to Raise New Fund
April 02, 2024  |  Cryptocurrency

Crypto-focused venture capital (VC) firm Paradigm is reportedly working to raise between $750 million and $850 million for a new fund. The company is currently...

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Bankman-Fried Says He’s ‘Haunted’ by FTX Collapse
Bankman-Fried Says He’s ‘Haunted’ by FTX Collapse
April 01, 2024  |  Legal

“I never thought that what I was doing was illegal.” So said Sam Bankman-Fried, giving his first jailhouse interview to ABC in a report published Monday (April...

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