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)

FTX Accuses Bankman-Fried’s Parents of Helping ‘Plunder’ Company
FTX Accuses Bankman-Fried’s Parents of Helping ‘Plunder’ Company
September 19, 2023  |  Legal

A new lawsuit accuses alleged cryptocurrency fraudster Sam Bankman-Fried’s parents of their own malfeasance. The suit, filed Monday (Sept. 18) by the bankrupt crypto exchange FTX, says...

READ MORE >
NYDFS Publishes Proposed Guidance for Virtual Currency Listing and Greenlisted Coins
NYDFS Publishes Proposed Guidance for Virtual Currency Listing and Greenlisted Coins
September 18, 2023  |  Cryptocurrency

The New York State Department of Financial Services (DFS) has published proposed guidance focusing on virtual coin listing and the general framework for greenlisted coins. This guidance builds...

READ MORE >
Blockchain Capital Raises $580 Million in 2 New Funds
Blockchain Capital Raises $580 Million in 2 New Funds
September 18, 2023  |  Blockchain

Blockchain Capital, a venture capital (VC) firm dedicated to driving the global transition to decentralized, blockchain-based systems, has announced the closing of two new funds....

READ MORE >
Investors Withdraw $500 Million From Crypto Products in 9 Weeks
Investors Withdraw $500 Million From Crypto Products in 9 Weeks
September 18, 2023  |  Cryptocurrency

The cryptocurrency market has seen substantial outflows over the last nine weeks, with investors withdrawing close to half a billion dollars from crypto products. The...

READ MORE >
Ant Group Withdrawing From $100 Million Crypto Fund A&T Capital
Ant Group Withdrawing From $100 Million Crypto Fund A&T Capital
September 18, 2023  |  Cryptocurrency

Ant Group is reportedly preparing to wind back its investments in the cryptocurrency sector. The Chinese tech giant is unwinding its $100 million investment in venture...

READ MORE >
Three FTX Celebrity Pitchmen Settle Investor Lawsuit
Three FTX Celebrity Pitchmen Settle Investor Lawsuit
September 17, 2023  |  Cryptocurrency

Three of FTX’s celebrity backers have settled a lawsuit filed by investors in the failed exchange. As Bloomberg News reported Friday (Sept. 16), Jacksonville Jaguars quarterback Trevor Lawrence...

READ MORE >
Report: Former Celsius Executive Pleads Guilty and Cooperates with Prosecutors
Report: Former Celsius Executive Pleads Guilty and Cooperates with Prosecutors
September 14, 2023  |  Legal

A former executive at now-bankrupt Celsius Network, Roni Cohen-Pavon, has reportedly pleaded guilty to criminal charges in the United States and has agreed to cooperate with...

READ MORE >
Report: Blockchain Company R3 Lays Off 20% of Staff
Report: Blockchain Company R3 Lays Off 20% of Staff
September 14, 2023  |  Blockchain

R3, a prominent blockchain company in the finance industry, has reportedly laid off one-fifth of its workforce. The company eliminated positions across different functions and...

READ MORE >
Report: Binance.US Executives Exit Amid SEC Lawsuit
Report: Binance.US Executives Exit Amid SEC Lawsuit
September 14, 2023  |  Cryptocurrency

Binance.US, the American arm of cryptocurrency exchange Binance, is reportedly dealing with the departure of key legal and risk executives. Krishna Juvvadi, head of legal,...

READ MORE >