CRYPTOCURRENCY

 

Crypto News
The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.


Facebook’s Head of Crypto David Marcus Is Leaving the Company after 7 Years
David Marcus, the head of Facebook’s crypto projects, has announced his intent to leave the firm at the end of the year.
DeFi Users on Ethereum Hit 4M for the First Time
Ethereum DeFi users reached a historic high of 4 million based on continued adoption.
Cryptocurrencies post record inflows in first 11 months of 2021: CoinShares
According to data from digital asset manager CoinShares on Monday, cryptocurrency products and funds posted record inflows in the first 11 months of 2021.
Indian Cricket Regulator Bans Teams from Partnering With Crypto Firms
The Board of Control for Cricket in India (BCCI) has issued a directive to all franchises in the Indian Premier League (IPL) to desist from partnering with crypto exchanges in any form.
Telos Launches Most Powerful EVM And Combats Insider Trading in Crypto Market
Telos is powered by smart contract blockchain and TLOS cryptocurrency to offer a decentralized computing network, a global economy, and an app ecosystem, which provides fast and scalable DApps.
El Salvador Buys the Dip by Adding 100 Bitcoin to its Portfolio
After slipping to lows of $54,000, a scenario not seen in the last six weeks, El Salvador saw this as a perfect opportunity to buy the dip for additional 100 BTCs.
Galaxy Digital CEO Says Powell’s 2nd-Term at US Fed Reserve Could Hurt Crypto Market
Mike Novogratz talked about critical impacts on the crypto market following Jerome Powell’s reappointment as Federal Reserve chairman.
Energy Crisis Is Forcing Cryptocurrency Mining Companies Out of Kazakhstan
Kazakhstan recently welcomed the Bitcoin miners from China. But now lack of adequate electricity supply is causing some mining farms to relocate elsewhere.
IMF Warns of Economic Instability in El Salvador Owing to Broad BTC Adoption
The International Monetary Fund has expressed its scepticism about the role of Bitcoin in helping El Salvador to maintain financial stability.
Hillary Clinton Fears Cryptocurrency Could Undermine US Dollar and Destabilize Nation States
The evolving role of cryptocurrencies is causing many fears. Hilary Clinton advises countries to pay attention to the increasing adoption of such instruments.

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