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.
Private Cryptocurrencies May Soon Vanish From Russia
According to Russia's TASS news agency, Bank of Russia Deputy Governor Vladimir Chistyukhin signalled that private cryptocurrencies may soon go out of existence in the financial markets.
Cryptocurrency Firms Starting to See Singapore as Unhospitable, Nikkei Says
Cryptocurrency companies that were attracted to Singapore for their crypto-friendly stance have begun to realise the difficulty of legally operating in the city-state, Nikkei Asia reported.
NBA Superstar's Thirty Five Ventures Signs Deal With Coinbase
Thirty Five Ventures, co-founded by NBA superstar Kevin Durant and sports manager Rich Kleiman, announced a new multi-year business partnership with cryptocurrency platform Coinbase Global.
Binance Withdraws S'pore Bourse Application, Closing Local Trading Platform by Feb
Binance Asia Services Ltd has withdrawn its application for a local license to run a bourse in crypto-friendly Singapore and shut down its trading platform.
PayStand Adds Cryptocurrency to Its Balance Sheet
PayStand cloud-based payment firm holds a substantial stake in cryptocurrency as part of its treasury reserve.
Bitcoin Needs to Reclaim $53,000 before a Bull Run to be Reignited
With the price staying below the short-term holder (STH) cost basis for nearly a week, on-chain analyst Will Clemente believes that Bitcoin needs to reclaim the $53K area if a bull run is to be reignited.
Financial Way of Future, Building Wealth Are Key Drivers of Owning Crypto: Study Shows
A study showed up to 42% and 41% of people think owning crypto is the financial way of the future and wealth-builders, respectively, according to Visa.
Visa Establishes Advisory Services, Helping Clients Maneuver their Crypto Journey
As part of efforts to expand the knowledge base of its clients and partners in their cryptocurrency journey, payment giant Visa has introduced a global crypto advisory practice as part of the consulting & analytics department.
Norwegian Block Exchange to Set Stage for Landmark Cryptocurrency Listing on Euronext Stock Exchange
Norwegian Block Exchange (NBX) announced on December 3 that it applied for listing shares on the pan-European stock exchange, Euronext N.V.
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.