Cryptocurrency

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

Coinbase Acquires Utopia Labs Team to Accelerate Onchain Payments Roadmap
Coinbase Acquires Utopia Labs Team to Accelerate Onchain Payments Roadmap
November 13, 2024  |  Acquisitions

Cryptocurrency exchange Coinbase has acquired the Utopia Labs team to accelerate its onchain payments roadmap within Coinbase Wallet. “The Utopia team has been on the ground floor building...

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Huma Expands Payment Financing Reach With Launch on Solana
Huma Expands Payment Financing Reach With Launch on Solana
November 13, 2024  |  Blockchain

Payment financing (PayFi) network Huma Finance launched its protocol on Solana. The expansion to this blockchain network expands Huma’s ability to provide instant liquidity solutions...

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LayerZero Enables PayPal USD Stablecoin Transfers Between Ethereum and Solana
LayerZero Enables PayPal USD Stablecoin Transfers Between Ethereum and Solana
November 13, 2024  |  Blockchain

The PayPal USD (PYUSD) stablecoin now uses LayerZero’s Omnichain Fungible Token (OFT) Standard to enable transfers between the blockchain networks Ethereum and Solana. This integration enables fast, secure and cost-effective transactions...

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Revolut Opens in-House Crypto Exchange to 30 European Countries
Revolut Opens in-House Crypto Exchange to 30 European Countries
November 13, 2024  |  Cryptocurrency

After launching in the United Kingdom, Revolut is bringing its cryptocurrency exchange to Europe. Revolut X exchange, designed for professional crypto traders, is now available...

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Fed Governor Waller: No Need for CBDC
Fed Governor Waller: No Need for CBDC
November 12, 2024  |  CBDC

The private sector should lead the evolution of payments, while the Federal Reserve should be ready to solve problems that can’t be handled by the...

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Bitcoin Approaches $90K as Crypto Fans Rally on Trump Presidency
Bitcoin Approaches $90K as Crypto Fans Rally on Trump Presidency
November 12, 2024  |  Bitcoin

Donald Trump’s election victory has been a win for the world’s most popular cryptocurrency. The price of bitcoin came close to $90,000 on Tuesday (Nov....

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Aeon Connects to BNB to Expand Crypto Payments in Southeast Asia
Aeon Connects to BNB to Expand Crypto Payments in Southeast Asia
November 11, 2024  |  Cryptocurrency

Payments protocol Aeon says it has launched cryptocurrency payments on the BNB chain. The company announced Monday (Nov. 11) that it has brought a streamlined...

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Why Banks Might Want to Have a Blockchain Strategy
Why Banks Might Want to Have a Blockchain Strategy
November 11, 2024  |  Blockchain

The definition of crypto has historically oscillated between two poles: buzzword and true innovation. And to hear the industry’s executives tell it, the lack of...

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FTX Blasts Binance’s ‘Campaign to Destroy’ in $1.8 Billion Lawsuit
FTX Blasts Binance’s ‘Campaign to Destroy’ in $1.8 Billion Lawsuit
November 11, 2024  |  Legal

FTX is suing cryptocurrency giant Binance and its former CEO for $1.8 billion. The lawsuit, filed Sunday (Nov. 10) by the FTX bankruptcy estate, centers around what FTX labeled...

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