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.
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.
INX to Tokenize and List Casper Labs Equity on Regulated ATS Platform
INX Digital Company, Inc., a US-regulated broker-dealer, ATS, and transfer agent, announced on July 19, 2023, that it will tokenize and list the equity of Casper Labs, a leading enterprise blockchain software provider.
EminiFX CEO Sentenced to Nine Years for $240 Million Crypto Fraud Scheme
EminiFX CEO, Eddy Alexandre, sentenced to nine years for defrauding investors of $240M through fabricated returns and false AI trading claims.
140 Million Users and 600 Tokens: Binance Celebrates 6th Anniversary
The largest cryptocurrency exchange Binance recently celebrated its 6th anniversary. The platform, which started as a crypto-to-crypto exchange with 5 tokens in 2 languages, now supports over 600 tokens in more than 40 languages, serving over 140 million users globally.
Crypto Hedge Funds Thrive Despite Market Volatility, PwC Report Reveals
The latest PwC 5th Annual Global Crypto Hedge Fund Report, released in July 2023, unveils a thriving crypto hedge fund industry, demonstrating resilience and growth despite the inherent market volatility.
CoinMarketCap Crypto Report: Top 20 Exchanges Mark a 36% Drop in Spot Trade Volume from Previous Quarter
In the first half of 2023, the cryptocurrency market has seen significant shifts in exchange activities, according to a comprehensive analysis by CoinMarketCap.
Binance's Success Rooted in External Pressure, Reveals CEO
In a recent tweet, Changpeng Zhao (CZ), the CEO of Binance, the world's largest cryptocurrency exchange by trading volume, shared his insights on building strong teams and the role of external pressure in the company's success.
Coinbase's Legal Chief Fires on SEC's Crypto Regulation Approach
On July 8, Paul Grewal, the chief legal officer of Coinbase, tweeted a number of times about his displeasure with the Securities and Exchange Commission's (SEC) approach to cryptocurrency regulation.
Ripple XRP Q2 2023: Market Cap Decline while NFT Transactions Rise, Reported Messari
According to a recent analysis by Messari, the XRP Ledger (XRPL) saw growth and fall in the second quarter of 2023. Despite a 10.7% quarter-over-quarter (QoQ) decline in market cap from $27.8 billion to $24.8 billion, the XRPL, saw its native token, XRP, maintain its position as the sixth-largest cryptocurrency by market capitalization.
Crypto Miner HIVE Blockchain Rebrands to Drive AI Expansion
HIVE Blockchain Technologies Ltd. has declared its plan to strategically rebrand, including a transition to the new name "HIVE Digital Technologies Ltd." This rebranding initiative is designed to mirror the company's progression into the realm of high-performance computing (HPC) data centres, utilizing Nvidia's superior Graphics Processing Unit (GPU) chips to tap into the burgeoning trend of widespread adoption in the field of Artificial Intelligence (AI).
Thailand's SEC enhances investor protection with new cryptocurrency trading rules.
Thailand's Securities and Exchange Commission (SEC) has introduced new guidelines to strengthen investor protection in the cryptocurrency industry. The SEC has mandated clearer disclosure of risk warnings and restrictions on digital asset business operators' deposit and lending services.