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.
PwC Report Shows that Crypto Hedge Funds Have Increasing Appetite for DeFi
A study shows that the assets under management (AuM) managed by cryptocurrency hedge funds have increased from $2 billion in 2019 to nearly $3.8 billion in 2020, showing that an increasing preference for decentralized finance (DeFi).
Did Elon Musk Inadvertently Promote Ripple (XRP) When He Dropped The Bitcoin Bomb?
Ever since Tesla CEO Elon Musk’s announced that the automaking company will be dropping Bitcoin payments, Bitcoin has plunged dramatically on the crypto market, shedding more than $10,000 of its value.
SEC and Ripple's Next Meeting for XRP Case Set for May 21
The next hearing between the Securities and Exchange Commission (SEC) and Ripple will be held on May 21.
DBS Provides Crypto for Trust Offerings
DBS Group launches an offering trust service for cryptocurrencies, allowing their premium clients, include the emerging asset class in their succession plans.
Former Ripple Partner MoneyGram Allows Customers to Sell and Purchase Cryptocurrency at 20,000 US Locations
MoneyGram has partnered with Coinme to let customers buy cryptocurrency and withdraw it from physical locations in the United States.
Palantir Starts Accepting Bitcoin as Payment Method and Considers Adding Crypto to Its Balance Sheet
Palantir has become the latest public company to embrace cryptocurrency to stimulate its business growth.
Nebraska Bill Proposes Allowing State Banks to Offer Crypto Services
Nebraska is contemplating a bill that will allow state banks to offer cryptocurrency services.
Ethereum’s Dominance Increases by 19.13% as ETH Price Breaches $4,000
Ethereum's current uptrend has resulted in an increase of its dominance by 19%.
Yellen Selects Fed Associate Director Michael Hsu to Succeed Brian Brooks at OCC
US Treasury Secretary Janet Yellen announced her intention to nominate Fed Associate Director Michael Hsu to take charge as the new acting Comptroller of Currency.
Nasdaq-Listed Metromile Backs Bitcoin for its Insurance Products
Auto insurance company Metromile is thinking of investing in Bitcoin.