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

Bitcoin’s ‘1%’ Controls Most of the Cryptocurrency’s Wealth
Bitcoin’s ‘1%’ Controls Most of the Cryptocurrency’s Wealth
December 22, 2021  |  Cryptocurrency

The “top 1%” has referred to the nation’s wealthiest Americans by income or net worth. Now, a new study has found leading bitcoin holders rule a bigger share...

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Philippines’ UnionDigital Bank May Join the NFT Market
Philippines’ UnionDigital Bank May Join the NFT Market
December 21, 2021  |  NFTs

UnionDigital Bank has announced that it is considering entering the non-fungible token (NFT) market, according to a Business Mirror report Tuesday (Dec. 21). Get the...

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PYMNTS DeFi Series: DeFi’s Very Real Risks
PYMNTS DeFi Series: DeFi’s Very Real Risks
December 21, 2021  |  Blockchain

Welcome to the seventh installment of PYMNTS’ eight-part series on decentralized finance (DeFi). Get the Full Story Complete the form to unlock this article and...

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Bitcoin Daily: IRS Confiscates Eight Times as Much Crypto in 2021; Deutsche Telekom Supports Blockchain Framework Polkadot
Bitcoin Daily: IRS Confiscates Eight Times as Much Crypto in 2021; Deutsche Telekom Supports Blockchain...
December 21, 2021  |  Bitcoin

The IRS confiscated $1.2 billion in cryptocurrencies in 2021, which was an eightfold increase from the 2020 amount of $137 million, CVBJ.biz reported. Get the...

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NCUA Tells FICUs Crypto Trading is OK — If Big Exchanges Provide the Service
NCUA Tells FICUs Crypto Trading is OK — If Big Exchanges Provide the Service
December 21, 2021  |  Cryptocurrency

When it comes to reading between the lines of financial regulators’ advisory letters, tone matters. Get the Full Story Complete the form to unlock this...

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Binance CEO: CBDCs ‘Very Positive’ for Crypto Industry
Binance CEO: CBDCs ‘Very Positive’ for Crypto Industry
December 21, 2021  |  CBDC

Central bank digital currencies (CBDCs) could ultimately mean good things for the crypto industry, the CEO of the crypto exchange Binance said Tuesday (Dec. 21)....

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Musk, Dorsey Hint VC Money Puts Web3 Vision at Risk
Musk, Dorsey Hint VC Money Puts Web3 Vision at Risk
December 21, 2021  |  Blockchain

The argument started when Elon Musk tweeted out a vague comment about something crypto-related: Web3 in this case. Get the Full Story Complete the form...

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Another Facebook Executive Plans to Exit
Another Facebook Executive Plans to Exit
December 21, 2021  |  Personnel

Just weeks after Facebook’s head of Novi David Marcus left the company, Tomer Barel, the co-creator of the social media tech giant’s cryptocurrency initiative, is...

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Bakkt Early Adopter Program Grants Manasquan Bank Retail Clients Crypto Access
Bakkt Early Adopter Program Grants Manasquan Bank Retail Clients Crypto Access
December 21, 2021  |  Cryptocurrency

Digital asset marketplace Bakkt Holdings, Inc. on Tuesday (Dec. 21) added New Jersey-based mutual community bank Manasquan Bank to its early adopter program, which will...

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