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

9 in 10 Real Estate Firms Bet Big on Real-Time Payments
9 in 10 Real Estate Firms Bet Big on Real-Time Payments
May 12, 2023  |  Real-Time Payments

Real estate firms have historically run on paper — but that may be about to change. Real estate firms are weighing the benefits of adopting...

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Credit Unions Weigh Cryptocurrency’s Effects on Member Loyalty
Credit Unions Weigh Cryptocurrency’s Effects on Member Loyalty
April 11, 2023  |  Credit Unions

Nearly one-third of United States consumers own cryptocurrency, and consumers who own crypto consider it when making various financial decisions. For example, 45% of crypto...

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US Crypto Clampdown Continues as Fed Guts Custodia Bank Application
US Crypto Clampdown Continues as Fed Guts Custodia Bank Application
March 27, 2023  |  Cryptocurrency

Crypto’s existential moment continues, as U.S. regulators can’t get past “fundamental concerns” with the sector.  This, as an order published last Friday (March 24), decisively unpacked the federal reserve’s...

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Sam Bankman-Fried Allegedly Planned to Restart FTX Abroad
Sam Bankman-Fried Allegedly Planned to Restart FTX Abroad
January 31, 2023  |  Cryptocurrency

FTX Co-founder Gary Wang said Sam Bankman-Fried wanted to transfer funds and restart FTX abroad. That’s according to a filing made Monday (Jan. 30) by the...

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Crypto Noise Puts Further Focus on Binance’s Operations
Crypto Noise Puts Further Focus on Binance’s Operations
January 25, 2023  |  Cryptocurrency

Regulatory scrutiny post-FTX’s dramatic implosion has prompted a crisis of confidence in other industry actors. Perhaps no other firm has bee affected more so than...

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Crypto Bank Silvergate Says Genesis Exposure ‘Minimal’
Crypto Bank Silvergate Says Genesis Exposure ‘Minimal’
January 22, 2023  |  Cryptocurrency

Crypto-centric bank Silvergate said its exposure to bankrupt lender Genesis has been limited. The bank made this announcement in an update Friday (Jan. 20), one...

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Barry Silbert’s DCG Crisis Over Who Owes What Complicated by Who Owns What
Barry Silbert’s DCG Crisis Over Who Owes What Complicated by Who Owns What
January 19, 2023  |  Cryptocurrency

It’s hard to tell who is faring worse, Barry Silbert, or his stable of companies. The one-time paper billionaire’s wealth has cratered to the mere...

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As Crypto Contagion Spurs Coinbase Layoffs, Bitcoin is Remarkably Steady
As Crypto Contagion Spurs Coinbase Layoffs, Bitcoin is Remarkably Steady
January 10, 2023  |  Bitcoin

As the crypto industry contagion continues to spread and add casualties, bitcoin is conversely looking steady. Bitcoin, the first and most widely recognized virtual currency,...

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Justice Department Wants to Hear From Possible Victims in Bankman-Fried Case
Justice Department Wants to Hear From Possible Victims in Bankman-Fried Case
January 09, 2023  |  Cryptocurrency

U.S. prosecutors want to hear from anyone who thinks they’ve been defrauded by Sam Bankman-Fried. The U.S. Attorney’s Office for the Southern District of New...

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