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

PYMNTS Crime Series: Another Day, Another Nine-Figure Crypto Hack
PYMNTS Crime Series: Another Day, Another Nine-Figure Crypto Hack
February 03, 2022  |  Security & Fraud

Welcome to PYMNTS’ series on crypto crime. In it, we’ll be looking at the crimes that have not only been committed in the cryptocurrency industry...

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Bitcoin Well CFO on the Business Case for Crypto
Bitcoin Well CFO on the Business Case for Crypto
February 03, 2022  |  B2B Payments

Bitcoin provides a means to financial independence and is going to be around a long time, says Allen D. Stephen, finance chief at Bitcoin Well,...

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Hackers Hit Wormhole DeFi Project, Take $320M
Hackers Hit Wormhole DeFi Project, Take $320M
February 02, 2022  |  Security & Fraud

Wormhole, a communication bridge between Solana and other decentralized finance (DeFi) blockchain networks, was hacked to the tune of about $320 million in cryptocurrency, according...

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Today in Crypto: Colombia Cracks Down on Crypto Tax Evasion; Grayscale Investments Aiming to Be ‘World-Class ETF Issuer’
Today in Crypto: Colombia Cracks Down on Crypto Tax Evasion; Grayscale Investments Aiming to Be...
February 02, 2022  |  Cryptocurrency

FTX has acquired Japanese cryptocurrency exchange Liquid Group in a move to help Japanese customers through its new subsidiary, according to a CoinDesk report Wednesday...

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SEC Commissioner Peirce Says Proposed Rule on Exchanges Could Hurt Digital Currency
SEC Commissioner Peirce Says Proposed Rule on Exchanges Could Hurt Digital Currency
February 02, 2022  |  Cryptocurrency

Hester Peirce, the crypto-friendly commissioner on the U.S. Securities and Exchange Commission (SEC), is warning that a proposal from the agency would not only add...

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Criminals See NFTs as a Lucrative Target — They May Be Wrong
Criminals See NFTs as a Lucrative Target — They May Be Wrong
February 02, 2022  |  Security & Fraud

Nonfungible token (NFT) collector Larry Lawliet announced Monday (Jan. 31) on Twitter that he had lost $2.7 million worth of super-hot Bored Ape and Mutant...

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Pixel Vault Building NFT Development Platform
Pixel Vault Building NFT Development Platform
February 02, 2022  |  NFTs

Non-fungible token (NFT) platform Pixel Vault, Inc. has secured a $100 million joint investment from Velvet Sea Ventures and 01A that will allow it to...

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SEC Crypto Enforcement Approach May Not Be Enough in the Long Term 
SEC Crypto Enforcement Approach May Not Be Enough in the Long Term 
February 02, 2022  |  Cryptocurrency

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In Buying Diem’s Stablecoin, Silvergate Bank Makes Itself a Contender
In Buying Diem’s Stablecoin, Silvergate Bank Makes Itself a Contender
February 02, 2022  |  Cryptocurrency

With its decision this week to spend $200 million to buy the assets of the Diem Association’s largely launch-ready stablecoin, Silvergate Bank has the potential...

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