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 the Connected Economy: Crypto.com, Worldpay Partner on Global Expansion
Today in the Connected Economy: Crypto.com, Worldpay Partner on Global Expansion
February 08, 2022  |  Connected Economy

Today in the connected economy, Crypto.com works with Worldpay to offer merchant acquiring services to help Crypto.org’s global expansion plans, and Flywire and Ascensus collaborate...

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Two New Yorkers Arrested for Alleged Conspiracy to Launder $4.5B in Hacked Crypto
Two New Yorkers Arrested for Alleged Conspiracy to Launder $4.5B in Hacked Crypto
February 08, 2022  |  Security & Fraud

In what has been called the largest financial seizure in history, a New York couple was arrested in Manhattan for an alleged conspiracy to launder...

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Alchemy Valuation Exceeds $10B After $200M Funding Round
Alchemy Valuation Exceeds $10B After $200M Funding Round
February 08, 2022  |  Investments

Cryptocurrency startup Alchemy is now valued at $10.2 billion, the company said Tuesday (Feb. 8), after a $200 million fundraising round led by Lightspeed and...

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Crypto.com Partners With Worldpay on Global Expansion of Crypto.org Chain
Crypto.com Partners With Worldpay on Global Expansion of Crypto.org Chain
February 08, 2022  |  Partnerships

Global payment processing platform Worldpay from FIS has teamed up with cryptocurrency platform Crypto.com to be a global validator and operator for the Crypto.org Chain,...

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FDIC Chair Calls Stablecoins a Top Concern as NY Fed Calls Them Unnecessary
FDIC Chair Calls Stablecoins a Top Concern as NY Fed Calls Them Unnecessary
February 08, 2022  |  Cryptocurrency

Heading into an important hearing later Tuesday morning (Feb. 8) by the House Financial Services Committee about the President’s Working Group on Financial Services recent...

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China’s X-Border CBDC Ambitions Will Bring Digital Yuan to Broader Global Stage
China’s X-Border CBDC Ambitions Will Bring Digital Yuan to Broader Global Stage
February 08, 2022  |  CBDC

Beyond retail, beyond the confines of its own borders, China is eyeing bringing its central bank digital currency (CBDC) to a broader world stage. Get...

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Crypto Networks Connected to Increase in Reported Fraud
Crypto Networks Connected to Increase in Reported Fraud
February 08, 2022  |  Cryptocurrency

A federal law enforcement network has identified a surge of suspicious activity from San Francisco financial firms, including some of the world’s leading cryptocurrency trading...

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US House Urged to Pass New Legislation on Stablecoins 
US House Urged to Pass New Legislation on Stablecoins 
February 08, 2022  |  Cryptocurrency

The U.S. House Committee on Financial Services holds a hearing on Tuesday 8 with only one witness, Nellie Liang, Under Secretary for Domestic Finance at...

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NY Fed: Tokenized Deposits Better Than Stablecoins
NY Fed: Tokenized Deposits Better Than Stablecoins
February 08, 2022  |  Cryptocurrency

Researchers with the Federal Bank of New York have said stablecoins are not likely to be the future of payments, CoinDesk reported Monday (Feb. 7)....

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