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)

SEC Charges 17 in Alleged Ponzi Scheme Involving CryptoFX
SEC Charges 17 in Alleged Ponzi Scheme Involving CryptoFX
March 14, 2024  |  Cryptocurrency

The Securities and Exchange Commission (SEC) has charged 17 individuals connected with Houston-based CryptoFX, alleging that they were involved in a Ponzi scheme. These charges come...

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Would You Sell Your House for Bitcoin? People Do
Would You Sell Your House for Bitcoin? People Do
March 14, 2024  |  Cryptocurrency

It is 2024, and the $2.9 trillion cryptocurrency sector doesn’t appear to be going anywhere. That’s despite a 2022 and 2023 that saw the total market capitalization shrink...

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FDIC Vice Chair: Tokenization ‘Beginning’ to Deliver Benefits  
FDIC Vice Chair: Tokenization ‘Beginning’ to Deliver Benefits  
March 13, 2024  |  Blockchain

Blockchain is full of promise, cryptocurrency perhaps less so, and tokenization is already shifting what it means to “own” an asset. In a speech delivered...

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Nigeria Still Holding Binance Execs Amid Crypto Crisis
Nigeria Still Holding Binance Execs Amid Crypto Crisis
March 12, 2024  |  Cryptocurrency

Nigeria is still reportedly holding two Binance executives as it deals with a currency crisis. As The Wall Street Journal reported Tuesday (March 11), the detentions are happening as...

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Digital Currency Group Wants NY Fraud Lawsuit Tossed
Digital Currency Group Wants NY Fraud Lawsuit Tossed
March 06, 2024  |  Legal

Digital Currency Group (DCG) wants a lawsuit accusing it of defrauding cryptocurrency investors dismissed. The company is urging a New York court to throw out the lawsuit,...

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Spain to Sam Altman’s Worldcoin: Stop Collecting User Data
Spain to Sam Altman’s Worldcoin: Stop Collecting User Data
March 06, 2024  |  Cryptocurrency

Spain has ordered Sam Altman’s cryptocurrency project Worldcoin to cease collecting its citizens’ data. The order Wednesday (March 6) from the Spanish Data Protection Agency (AEPD) also blocks...

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Analysts Debate Role of Stablecoins as Tether Tops $100 Billion
Analysts Debate Role of Stablecoins as Tether Tops $100 Billion
March 05, 2024  |  Cryptocurrency

Tether, the leading global stablecoin, reportedly surpassed $100 billion in circulation this week. This milestone has fueled debate about the role of digital currencies in...

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Bitcoin Briefly Crosses Record $69K Threshold
Bitcoin Briefly Crosses Record $69K Threshold
March 05, 2024  |  Cryptocurrency

Bitcoin’s price hit an all-time high Tuesday (March 5) before retreating by day’s end. The most popular cryptocurrency traded at more than $69,000 earlier in...

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Baanx Raises $20 Million to Bring Crypto Payments Offering to US
Baanx Raises $20 Million to Bring Crypto Payments Offering to US
March 05, 2024  |  Investments

Cryptocurrency payments company Baanx has reportedly raised $20 million. The firm will use the Series A funding to help it introduce its services in the U.S. and Latin...

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