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

Ripple Says SEC ‘Rushing to Appeal’ Landmark Crypto Ruling
Ripple Says SEC ‘Rushing to Appeal’ Landmark Crypto Ruling
September 03, 2023  |  Cryptocurrency

Ripple wants to block the SEC from appealing a recent landmark crypto court ruling. In July, U.S. District Judge Analisa Torres ruled that the blockchain company’s native XRP...

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French Watchdog Searches Worldcoin Paris Office
French Watchdog Searches Worldcoin Paris Office
August 31, 2023  |  Cryptocurrency

France’s data regulator, the CNIL, this week carried out “checks” at the Paris office of Worldcoin, a digital identity and cryptocurrency platform co-founded by OpenAI...

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SEC: Impact Theory Sold $30 Million in Unregistered NFTs
SEC: Impact Theory Sold $30 Million in Unregistered NFTs
August 28, 2023  |  Cryptocurrency

A media company that claimed it wanted to “build the next Disney” is now facing charges from America’s crypto regulator. The Securities and Exchange Commission announced Monday (Aug....

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Clockwork Winding Down Smart Contract Engine
Clockwork Winding Down Smart Contract Engine
August 28, 2023  |  Blockchain

Clockwork, an open-source automation engine for the Solana blockchain, has called timeout. Founder Nick Garfield said on Twitter Sunday (Aug. 27) that the company was stepping away...

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Bitstamp Ends U.S. Crypto Staking Due to ‘Regulatory Dynamics’
Bitstamp Ends U.S. Crypto Staking Due to ‘Regulatory Dynamics’
August 24, 2023  |  Cryptocurrency

Bitstamp says the ongoing crackdown on cryptocurrencies has cost its U.S. staking business. Beginning Sept. 25, the Luxembourg-based exchange will no longer offer staking services in...

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FBI Ties $40 Million in Stolen Crypto to North Korea
FBI Ties $40 Million in Stolen Crypto to North Korea
August 23, 2023  |  Cryptocurrency

The FBI says a hacker group with ties to North Korea may try to sell $40 million in stolen bitcoin. “Over the last 24 hours, the FBI...

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Coinbase Invests in Circle and Shutters Centre Consortium
Coinbase Invests in Circle and Shutters Centre Consortium
August 22, 2023  |  Cryptocurrency

Coinbase says it has taken an equity stake in fellow crypto company/USDC issuer Circle. “The nature of the investment means that Coinbase and Circle will...

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Judge Allows SEC to File Motion for Appeal in Ripple Labs Case
Judge Allows SEC to File Motion for Appeal in Ripple Labs Case
August 17, 2023  |  Legal

A U.S. district judge has granted the Securities and Exchange Commission (SEC) permission to file a motion for leave to file an interlocutory appeal in...

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Coinbase Gets Green Light to Offer Crypto Futures Trading
Coinbase Gets Green Light to Offer Crypto Futures Trading
August 16, 2023  |  Cryptocurrency

Coinbase has scored a regulatory victory by getting permission to offer crypto futures trading. That approval, announced Wednesday (Aug. 16), came from the National Futures Association, a self-regulatory...

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