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

Millions in Mutant Ape/Bored Ape NFTs Swiped in Hack
Millions in Mutant Ape/Bored Ape NFTs Swiped in Hack
December 17, 2023  |  NFTs

Hackers have apparently stolen millions of dollars worth of non-fungible tokens (NFTs) in a recent security breach. Peer-to-peer trading platform NFT Trader confirmed the breach on X...

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SEC Denies Petition for New Crypto Rules; Coinbase Seeks Judicial Review 
SEC Denies Petition for New Crypto Rules; Coinbase Seeks Judicial Review 
December 15, 2023  |  Cryptocurrency

Cryptocurrency exchange Coinbase plans to seek a judicial review of a decision by the Securities and Exchange Commission (SEC) to deny its petition for new rules in the digital...

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Sam Altman Reiterates Support for Worldcoin as It Seeks Funding 
Sam Altman Reiterates Support for Worldcoin as It Seeks Funding 
December 15, 2023  |  Investments

Sam Altman, the CEO of OpenAI, has reportedly reiterated his support of the cryptocurrency project Worldcoin, saying that in a world increasingly influenced by artificial intelligence (AI),...

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Crypto Platform HTX Loses $258 Million in Withdrawals After Hack
Crypto Platform HTX Loses $258 Million in Withdrawals After Hack
December 11, 2023  |  Cryptocurrency

Digital asset platform HTX has reportedly seen a $258 million net outflow after being hacked. The money left the cryptocurrency exchange between the time it reopened on Nov. 25...

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SEC: Binance’s DOJ Settlement Strengthens Our Case
SEC: Binance’s DOJ Settlement Strengthens Our Case
December 10, 2023  |  Cryptocurrency

The Securities and Exchange Commission (SEC) says Binance’s recent plea deal gives it new ammunition against the cryptocurrency exchange. As Bloomberg News reported, the SEC contended...

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Block Debuts Self-Custody Bitcoin Wallet Bitkey
Block Debuts Self-Custody Bitcoin Wallet Bitkey
December 07, 2023  |  Bitcoin

Block has launched its self-custody bitcoin wallet Bitkey in 95 countries. The new wallet, announced Thursday (Dec. 7) is designed to widen access to self-custody and comes amid a resurgence...

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JPMorgan’s Dimon Tells Senate He Would Shut Down Crypto Industry
JPMorgan’s Dimon Tells Senate He Would Shut Down Crypto Industry
December 06, 2023  |  Cryptocurrency

Jamie Dimon, the CEO of JPMorgan Chase & Co., has again expressed his strong opposition to the cryptocurrency industry.  During a Senate Banking Committee hearing on Wednesday (Dec. 6),...

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Coinbase Slips Seven Spots in PYMNTS Provider Ranking of Cryptocurrency Apps
Coinbase Slips Seven Spots in PYMNTS Provider Ranking of Cryptocurrency Apps
December 05, 2023  |  Mobile Applications

Whether you’re just getting into cryptocurrency now, or you’ve been exploring the space since it first took off, you need a cryptocurrency app to manage...

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Soccer’s Cristiano Ronaldo Faces $1 Billion Lawsuit Over Binance Promotion
Soccer’s Cristiano Ronaldo Faces $1 Billion Lawsuit Over Binance Promotion
December 03, 2023  |  Cryptocurrency

Soccer star Cristiano Ronaldo is reportedly being sued for promoting embattled cryptocurrency exchange Binance. The $1 billion class-action suit, filed last week in the District Court for the...

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