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

Facebook Unloads Crypto Unit Diem to Silvergate Capital for $200M

Facebook Unloads Crypto Unit Diem to Silvergate Capital for $200M
Facebook Unloads Crypto Unit Diem to Silvergate Capital for $200M
January 27, 2022  |  Facebook

Facebook is unloading its cryptocurrency unit, Diem Association, to Silvergate Capital for an estimated $200 million, The Wall Street Journal (WSJ) reported Thursday (Jan. 27), citing...

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Crypto Critic Joins CFPB
Crypto Critic Joins CFPB
January 27, 2022  |  Cryptocurrency

A well-known skeptic of cryptocurrencies is joining the Consumer Financial Protection Bureau, which could signal more federal oversight in the future of the digital coins....

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SEC Stays Focused on Cryptocurrency Enforcement, Imposes $2B in Fines in 2021 
SEC Stays Focused on Cryptocurrency Enforcement, Imposes $2B in Fines in 2021 
January 27, 2022  |  Cryptocurrency

The nation’s chief financial regulator had its hands full enforcing digital currency rules during the first year of the Biden administration. Get the Full Story...

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Crypto Lenders Gemini, Voyager and Celsius Network Under SEC Microscope
Crypto Lenders Gemini, Voyager and Celsius Network Under SEC Microscope
January 26, 2022  |  Regulation

The U.S. SEC has been scrutinizing several crypto firms because of an inquiry into companies paying interest on virtual token deposits, Bloomberg reports. Get the...

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Blockdaemon Nets $207M on $3.25B Valuation for Its Crypto Infrastructure
Blockdaemon Nets $207M on $3.25B Valuation for Its Crypto Infrastructure
January 26, 2022  |  Blockchain

Blockdaemon, the blockchain infrastructure firm, said it had gotten a post-money valuation of $3.25 billion, a report says. Get the Full Story Complete the form...

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Bitcoin’s Highly Touted Decoupling vs. Fed’s Rate Hike Reality
Bitcoin’s Highly Touted Decoupling vs. Fed’s Rate Hike Reality
January 26, 2022  |  Cryptocurrency

Federal Reserve Chairman Jerome Powell did exactly what he was expected to do Wednesday (Jan. 26), hinting even more strongly that interest rate hikes are...

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Bitcoin Daily: BitWage Debuts New Bitcoin Payroll Functions; Bitcoin Millionaires See Double-Digit Percentage Drop In Numbers; Bitcoin Price Falls Illustrate Coin’s Weaknesses, Analysts Say
Bitcoin Daily: BitWage Debuts New Bitcoin Payroll Functions; Bitcoin Millionaires See Double-Digit Percentage Drop In...
January 26, 2022  |  Bitcoin

BitWage, which makes bitcoin payroll services, has debuted a new platform to help people get paid in bitcoin, a report says. Get the Full Story...

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Today in Food Commerce: McDonald’s Trolls Elon Musk; Gopuff Preps for IPO
Today in Food Commerce: McDonald’s Trolls Elon Musk; Gopuff Preps for IPO
January 26, 2022  |  Restaurant innovation

Today in food commerce, a joke tweet from McDonald’s at Elon Musk presents unexpected consequences for cryptocurrency holders, and Gopuff teams up with major banks...

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In Adrienne Harris, NYDFS is Getting a Firm but Friendly Crypto Regulator
In Adrienne Harris, NYDFS is Getting a Firm but Friendly Crypto Regulator
January 26, 2022  |  Cryptocurrency

With a pair of new leaders overseeing its regulation of cryptocurrency, the New York Department of Financial Services is ready for its third act as...

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