crypto

A 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)

Biden Shoots Down Measure Limiting SEC Crypto Authority
Biden Shoots Down Measure Limiting SEC Crypto Authority
June 02, 2024  |  Cryptocurrency

President Joe Biden has vetoed a resolution limiting the Securities and Exchange Commission’s (SEC) authority over the cryptocurrency sector. Biden announced the veto Friday (May...

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Mastercard Unveils P2P Pilot for Crypto Credential Tool
Mastercard Unveils P2P Pilot for Crypto Credential Tool
May 29, 2024  |  Cryptocurrency

Mastercard has introduced what it calls a “milestone” update to its Crypto Credential tool. For the first time, the company announced Wednesday (May 29) crypto...

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VC Investment in Crypto Hits $2.4 Billion After Long Decline
VC Investment in Crypto Hits $2.4 Billion After Long Decline
May 20, 2024  |  Cryptocurrency

Venture capital investment in cryptocurrency companies is reportedly increasing after nearly two years of cooling. Investment in these companies climbed to $2.4 billion during the first three...

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Report: Crypto Spot Trading Slows in April
Report: Crypto Spot Trading Slows in April
May 19, 2024  |  Cryptocurrency

Cryptocurrency spot trading cooled last month for the first time in seven months. It was a trend driven by a dwindling likelihood of interest rate...

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This Week in Web3: Wells Notices, Crypto Payments and Usability
This Week in Web3: Wells Notices, Crypto Payments and Usability
May 08, 2024  |  Cryptocurrency

Crypto goes up, and crypto goes down. Then, often, crypto goes back up. It can be a dizzying and volatile cycle. Just collapsed cryptocurrency exchange...

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Bakkt Cuts 13% of Staff as Execs Depart
Bakkt Cuts 13% of Staff as Execs Depart
May 06, 2024  |  Personnel

Bakkt is cutting staff after warning earlier this year about the future of the company. The cryptocurrency platform said in an April 29 securities filing that...

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Crypto Firms Engage in Aggressive Fundraising to Boost Valuations
Crypto Firms Engage in Aggressive Fundraising to Boost Valuations
May 05, 2024  |  Cryptocurrency

Cryptocurrency startups are reportedly engaging in aggressive fundraising as the digital asset space recovers. As Bloomberg News reported Saturday (May 4), this approach entails an...

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Crypto.com Looks to Sports to Capture Non-Crypto Audience 
Crypto.com Looks to Sports to Capture Non-Crypto Audience 
May 05, 2024  |  Cryptocurrency

Crypto.com wants to increase its sports sponsorships to reach a wider audience. The company is targeting sports as a driver to reach non-crypto enthusiasts and “will double...

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Bitcoin Halving Concludes as Investors Uncertain on Gains
Bitcoin Halving Concludes as Investors Uncertain on Gains
April 21, 2024  |  Cryptocurrency

Like the Summer Olympics and the presidential election, bitcoin’s “halving” comes every four years. The latest halving — a preprogrammed event that cuts the amount...

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