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.
Crypto Firms Make Job Cuts Amidst Ongoing Crypto Winter
Protocol Labs, Chainalysis, and Bittrex slashed 216 employees during the crypto winter.
Binance Acquires Majority Stake in Gopax
Binance returned to South Korea with a controlling ownership in ailing exchange Gopax.
Binance Bans WazirX From Using Its Services
Indian cryptocurrency exchange WazirX was given an ultimatum to withdraw incorrect assertions about Binance ownership or lose access to its wallets.
Indonesia's Ministry of Trade is reportedly aiming to roll out a national crypto exchange
Indonesian Trade Minister Zulkifli Hasan has set a June 2023 start date for its crypto exchange.
Kraken Closes Abu Dhabi Office
Less than a year after receiving regulatory licence to operate in Abu Dhabi's international financial hub and worldwide market, Kraken is departing.
FTX and Affected Parties Request Subpoenas for Information from close relatives
FTX subpoenas Sam Bankman-Fried and colleagues for bankruptcy proceedings.
Kazakhstan Seeks to Improve Cryptocurrency Trading Framework
DATF framework supports "AFSA's Strategy for 2022," which includes crypto framework development as one of three regulatory goals.
Binance shuts down accounts in relation to Bitzlato investigation
The U.S. Department of Justice announced action against Binance, which blocked accounts due to the Bitzlato probe.
SEC Probes Investment Advisers Offering Crypto Custody Without Proper Qualification
After the fall of FTX and the Ripple lawsuit in 2022, the U.S. Securities and Exchange Commission (SEC) is now looking into Wall Street corporations that may be violating custody regulations.