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

BlockFi in SEC Crosshairs for High-Yield Crypto Accounts
BlockFi in SEC Crosshairs for High-Yield Crypto Accounts
November 17, 2021  |  Regulation

The U.S. Securities and Exchange Commission (SEC) are looking into BlockFi Inc. and its product that pays its customers high interest rates for lending their...

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Bitcoin Daily: UBS Group Head Skeptical of Bitcoin’s Longevity; RM Sotheby’s to Take Crypto for Payment
Bitcoin Daily: UBS Group Head Skeptical of Bitcoin’s Longevity; RM Sotheby’s to Take Crypto for...
November 17, 2021  |  Bitcoin

Speaking at the Bloomberg New Economy Forum on Wednesday (Nov. 17), Axel Weber, chairman of UBS Group AG, shared his skepticism around bitcoin and said...

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India Mulls Crypto as Assets, Leaving Payments off the Table
India Mulls Crypto as Assets, Leaving Payments off the Table
November 17, 2021  |  Cryptocurrency

India has been riding the cryptocurrency conundrum wave for years, first banning all crypto in 2018 and then overturning that decision in 2020 — only...

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Binance CEO: KYC Mandate Causes 3% of Users to Leave
Binance CEO: KYC Mandate Causes 3% of Users to Leave
November 17, 2021  |  Digital Identity

Changpeng Zhao, CEO of cryptocurrency exchange Binance, said only 3% of the company’s users left the exchange after know your customer (KYC) processes were made...

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Ripple, Coinbase, Binance Share Common Objectives for Future Crypto Regulation
Ripple, Coinbase, Binance Share Common Objectives for Future Crypto Regulation
November 17, 2021  |  Cryptocurrency

The road ahead for cryptocurrency regulation is a long and winding one. But some common themes are emerging from the din of voices calling for...

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Perth Heat Baseball Club to Accept, Pay Players and Staff in Bitcoin 
Perth Heat Baseball Club to Accept, Pay Players and Staff in Bitcoin 
November 17, 2021  |  Bitcoin

Australia baseball team the Perth Heat on Tuesday (Nov. 16) partnered with Bitcoin payments company OpenNode in a move to allow the club to accept...

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US Liquidating $56M in BitConnect Fraud Case
US Liquidating $56M in BitConnect Fraud Case
November 17, 2021  |  Security & Fraud

The U.S. Justice Department is set to begin liquidating roughly $56 million in fraud proceeds seized during its investigation into the cryptocurrency BitConnect. Get the...

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Crypto.com Closes $700M Deal for Naming Rights to Staples Center in LA
Crypto.com Closes $700M Deal for Naming Rights to Staples Center in LA
November 17, 2021  |  Cryptocurrency

Crypto.com closed a $700 million deal with the AEG-owned Staples Center in Los Angeles for 20-year naming rights scheduled to begin on Christmas Day when...

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FinCEN Lists Cybercrime Involving Virtual Currencies as an AML Priority
FinCEN Lists Cybercrime Involving Virtual Currencies as an AML Priority
November 16, 2021  |  AML

The Financial Crimes Enforcement Network (FinCEN) has rolled out its first priorities to fight money laundering and the financing of terrorism, according to a press...

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