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)

DraftKings Shutters NFT Marketplace Amid Legal Headaches
DraftKings Shutters NFT Marketplace Amid Legal Headaches
July 30, 2024  |  Cryptocurrency

Online betting service DraftKings said is closing down its three-year-old non-fungible token (NFT) marketplace. The company announced Tuesday (July 30)  it was shuttering the marketplace,...

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Bank of England Announces CBDC Experiments
Bank of England Announces CBDC Experiments
July 30, 2024  |  CBDC

The Bank of England (BoE) is conducting a new series of experiments with central bank digital currencies (CBDCs) for retail use. Citing growing innovations and...

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Bitcoin Jumps on Calls to Integrate Crypto Into US Asset Arsenal
Bitcoin Jumps on Calls to Integrate Crypto Into US Asset Arsenal
July 29, 2024  |  Cryptocurrency

The price of bitcoin hit a six-week high Monday (July 29). The alleged reason? Separate comments made over the weekend by presidential candidates Donald Trump...

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Why Bitcoin and Trump Are Once Again Crypto’s Biggest Story
Why Bitcoin and Trump Are Once Again Crypto’s Biggest Story
July 26, 2024  |  Cryptocurrency

It’s day two of Nashville’s Bitcoin Conference, but many attendees are waiting for day three. The reason? Saturday (July 27), at 2 p.m., is when...

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Coinbase Fined $4.5 Million Over ‘High Risk’ Customers
Coinbase Fined $4.5 Million Over ‘High Risk’ Customers
July 25, 2024  |  Cryptocurrency

Coinbase has been fined $4.5 million by a U.K. regulator for serving “high-risk” customers. The fine, announced Thursday (July 25) by the Financial Conduct Authority (FCA), was levied against a...

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Report: Coinbase Asset Management Creating Tokenized Money Market Fund
Report: Coinbase Asset Management Creating Tokenized Money Market Fund
July 24, 2024  |  Cryptocurrency

Coinbase Asset Management is reportedly creating a tokenized money market fund. The company, which is an arm of cryptocurrency exchange Coinbase, is working on the...

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Crypto Company Fold Set to Go Public in SPAC Merger
Crypto Company Fold Set to Go Public in SPAC Merger
July 24, 2024  |  Cryptocurrency

Fold, which describes itself as a “bitcoin financial services company” is set to go public. The company plans to list on Nasdaq after merging with...

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Swiss Lenders Aim to Fill Crypto Payment Gap
Swiss Lenders Aim to Fill Crypto Payment Gap
July 23, 2024  |  Cryptocurrency

Following the collapse of two crypto-friendly American banks, European lenders are reportedly filling that space. As Bloomberg News reported Tuesday (July 23), two Swiss banks...

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Financial Technology Protection Act Passes House, Heads to Senate
Financial Technology Protection Act Passes House, Heads to Senate
July 22, 2024  |  AML

The House of Representatives passed a bill on Monday (July 22) that is designed to combat the use of financial technology for illicit finance. The...

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