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.
ECB Coeure: Facebook’ Libra is Too Dangerous in the Regulatory Void!
The European Central Bank Executive Board member Benoit Coeure urged the financial regulators to take prompt actions regarding the advent of Facebook’s Libra coin, as reported by Bloomberg on 7 July.
Exclusive: How Traditional Finance Can Help Crypto to Gain Trust and Adoption?
How traditional finance can help crypto to gain trust and adoption? Spoken in Next Block Asia, Bangkok, Matthew Lam of Blockchain.News moderated the panel discussion and shared his insights with the following speakers in the pain points of crypto in trust and adoption, as well as future of Facebook Libra and the killer dApp in financial markets.
Major Chinese Financial News Outlet Unveils Crypto Tracking in Mobile
One of the largest financial news portals in China, Sina Finance has enabled cryptocurrency tracking to its mobile app, as revealed by the tweet of cnLedger.
President Maduro Urged Bank of Venezuela to Trade Petro Crypto Nationwide
Venezuela’s President Nicolas Maduro ordered the leading bank in Venezuela, Banco de Venezuela to open up the transaction desks for Petro nationwide, as revealed by the Finance Ministry of Venezuela’s tweet on 4 July.
Event Rating: Next Block Asia Conference, Bangkok
Held in W Hotel, Bangkok 25-26 June, the Next Block Asia Conference gathers over hundreds of blockchain and financial professionals in connecting the world of crypto and traditional finance. Check out our rating for this event!
Response to Facebook Libra? EU Banks Can Deploy Payment System By 2020
All banks in the eurozone could share the instant payment system at the end of 2020, as reported by Reuters on 26 June.
Facebook Libra: The Latest Crypto Used in Illegal Financial Activities?
“With the evolution of virtual currencies and new marketplaces, nefarious actors are continuously adapting to find new ways to engage in illegal financial activity.” said U.S. Representatives Emanuel Cleaver, during the briefing with Financial Crimes Enforcement Network (FinCEN) on 27 June.
Weekly Market Snapshot - June 24, 2019
Here is what you need to know about the crypto market last week!
A Clear Bullish Sign? Open Interest of BTC Future Hit All-Time High
The Chicago Mercantile Exchange (CME) Group revealed the surging open interest of Bitcoin futures (BTC) by a record of 643 contracts in a single day and it also hit all-time high of 5,311 contracts on 17 June.