China Intensifies Policy Coordination to Curb Stablecoin and Crypto Payments
China’s central bank has opened high-level policy talks to strengthen enforcement against stablecoin and crypto payments amid the renewed trading activity.
Cryptocurrency - Page 20
A cryptocurrency is a digital or virtual form of money that uses cryptography to secure transactions and control the creation of new units. It operates on blockchain or distributed ledger technology, allowing peer-to-peer transfers without a central authority. Transactions are verified by network participants through consensus mechanisms such as proof of work or proof of stake. Cryptocurrencies can be used for payments, value transfer, or as a utility within blockchain applications. Their supply and rules are defined by software protocols.
Latest Cryptocurrency News
South Korea Ties $36M Upbit Breach to North Korea’s Lazarus Group
South Korean authorities are investigating a possible connection between the recent $36 million hack of the Upbit crypto exchange and the North Korea-linked Lazarus Group.
KuCoin Pay Introduces Global Crypto Travel Platform with Entravel Partnership
KuCoin Pay has launched KuCoin Pay Travel in partnership with Entravel, creating a new global platform for crypto-based hotel bookings with discounts of up to 60%.
Grayscale Files with SEC to Convert Zcash Trust into First-Ever ZEC ETF
Grayscale Investments has filed a registration statement with the SEC to convert its Grayscale Zcash Trust (ZEC) into an exchange-traded fund (ETF).
Bitcoin Slips Below $95,000 as Tech and AI Stock Sell-off Sparks 4 Day Crypto Rout
Bitcoin fell under $95,000 amid a broad four-day decline triggered by heavy losses in AI and tech stocks, mounting macro pressures and thinning crypto-specific flows.
R25 Launches Yield-Bearing RWA Stablecoin Protocol on Polygon
R25 has launched its on-chain RWA stablecoin platform on Polygon, debuting rcUSD+, a yield-bearing, dollar-pegged token backed by money market funds and structured notes.
Calastone Taps Polygon to Launch Tokenized Fund Share Classes for 4,500 Institutions
Global funds network Calastone is rolling out tokenized fund share classes on Polygon’s Layer 2 infrastructure, enabling its network of 4,500 institutions across 58 markets to…
Circle Reports $740 Million Q3 Revenue as USDC Circulation Doubles
Circle Internet Group posted $740 million in third-quarter revenue and reserve income - 66 % year-on-year growth - as USDC circulation surged and the company advanced…
Kazakhstan Plans $1 Billion Crypto Fund Backed by Seized Digital Assets
Kazakhstan is creating a national crypto-asset fund worth up to $1 billion, using seized digital wallets and targeting investments in ETFs and blockchain-linked companies.
Ripple Secures $500 Million in Funding, Reaches $40 Billion Valuation
Ripple has raised $500 million in a new funding round, pushing its valuation to $40 billion as it expands beyond payments into digital asset custody, stablecoins,…