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.
Australia's Federal Police Force Floats Crypto Unit: Report
The Australian Federal Police (AFP) has launched a new unit to help focus its fight against crimes that are perpetrated in the digital currency ecosystem.
What Would the Future of Crypto Be as Liz Truss Becomes Next UK PM
As Liz Truss is set to take the top administrative position of Prime Minister in the country, the market is concerned about her monetary policies, including the stance towards cryptocurrency, regulation of Stablecoins and digital assets.
'Blockchain Is Bunk': Crypto Critics Find their Voice
John Stark, one of the founding members of the US SEC, joined other experts in a major gathering of crypto sceptics.
More Than 11% of UAE Residents Have Set Foot in Crypto Space
As the United Arab Emirates (UAE) gears up to become a global crypto hub, approximately 11.4% of its residents have entered this sector, according to the Telecommunications and Digital Government Regulatory Authority (TDRA).
Former CFTC Commissioner Joins FTX.US Board
FTX.US, the United States subsidiary of FTX Derivatives Exchange, has announced the appointment of Jill Sommers to its Board of Directors
Hardware Wallet Trezor Adds Crypto Purchase Service via MoonPay
Hardware wallet company Trezor on Wednesday partnered with Crypto payments company MoonPay to integrate the ability to buy cryptocurrencies.
LG Electronics to Roll Out Crypto Wallet
As part of plans to expand its business scope to include platforms and software, South Korean tech giant LG Electronics is launching a crypto wallet application dubbed “Wallypto.”
Al Jalila Foundation Gets Donations Worth $16M in Crypto
The funds will specifically aid in the construction of a bone marrow transplant centre, which will be later renamed “QUINT Bone Marrow Transplant Centre” upon launch.
Appetite for Crypto Amongst Institutional Buyers in Hong Kong is Low: New Report
According to a report from the South China Morning Post (SCMP), riding on an earlier report from Bitstamp, which surveyed 253 Hong Kong institutional investors, as many as 9% said they will reduce their exposure to the nascent asset class or stop investing in it altogether.
Slangs Used in Crypto Space
There is a plethora of crypto slang in the industry and it can be helpful to know about them as it can quickly explain the different terms used in the industry.