PYMNTS-MonitorEdge-May-2024

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

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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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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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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Crypto PACs Pump $13 Million Into Super Tuesday Races
Crypto PACs Pump $13 Million Into Super Tuesday Races
March 03, 2024  |  Cryptocurrency

Cryptocurrencies are contributing millions to digital asset-friendly candidates in the 2024 election. That includes donations to candidates in Super Tuesday primary contests in Texas, California and...

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Bitcoin Price Breaks $60,000 Mark as Crypto Optimism Swells
Bitcoin Price Breaks $60,000 Mark as Crypto Optimism Swells
February 28, 2024  |  Cryptocurrency

Optimism among cryptocurrency investors has reportedly pushed bitcoin’s price above $60,000. As Bloomberg News reported Wednesday (Feb. 28), the world’s most popular crypto hadn’t seen...

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Coinbase Denies Reports of Nigerian Crypto Ban
Coinbase Denies Reports of Nigerian Crypto Ban
February 25, 2024  |  Cryptocurrency

Cryptocurrency platform Coinbase is denying reports that it is being blocked in Nigeria. Last week saw a report by the Financial Times (FT) that the Nigerian government...

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Smaller Investors Creep Back Toward Crypto
Smaller Investors Creep Back Toward Crypto
February 18, 2024  |  Cryptocurrency

Everyday investors are returning to cryptocurrency, though with less enthusiasm than before. That’s according to a Sunday (Feb. 18) report by Bloomberg News, which notes...

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