Cryptocurrencies represent an internet-based medium of exchange that takes advantage of cryptographical functions in order to conduct financial transactions. They leverage blockchain technology to achieve decentralization, immutability, and transparency.
According to the latest crypto news, there are thousands of cryptocurrencies in existence. However, the most popular ones include Bitcoin, Ethereum, Ripple, Binance Coin, Bitcoin Cash, Tezos, Tron, Litecoin, and EOS, acquire more than 80% of the total market cap.
Decentralized cryptocurrencies such as Bitcoin, have one substantial advantage - no single authority can control them. Instead, they are governed by an algorithm that’s pre-programmed and defined. This takes away the human factor and makes the entire network transparent and immutable.
Cryptos can be sent directly between two parties, in a rapid and cheap process, compared to traditional bank transfers. Since there is no central authority or a middleman, the users can go through the process without having to worry about complying with different rules.
As part of OKEx's strategic investment in Chingari, the startup's native token GARI will be listed on the exchange on January 18. Five more crypto exchanges are set to list the token on the same day.
The UK firm Blossom Capital intends to invest one-third of the $432 million in both digital assets and companies that develop crypto infrastructure.
Malaysia is the latest country to explore the opportunity to launch a central bank digital currency.
China may have dropped out of the crypto race, but the country's crackdown on related crimes continues as police found a potential rug pull case.
The two entities combined efforts and resources to back the development of Cardano's network and stimulate dApp development.
The chip manufacturer will soon showcase an extra energy-efficient Bitcoin mining ASIC.
OlympusDAO intends to set up OHM as a liquid asset within Balancer's network, while CopperLaunch and PrimeDAO will expedite the process.
Bitcoin is currently testing a crucial support area holding the price for the past several weeks. The next days or even hours will likely determine which direction BTC will head to in the short term. While a bullish reversal is
Moody’s is unimpressed with El Salvador’s Bitcoin trading experiment, but the president couldn’t care less what they think.
The company develops blockchain gaming software and invests in NFT and metaverse projects.
