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Crypto Currency
Crypto currency is a digital or virtual form of currency that uses cryptography for security, making it difficult to counterfeit. These decentralized systems are based on blockchain technology—a distributed ledger enforced by a network of computers. Cryptocurrencies like Bitcoin and Ethereum offer a new way of transactions without the need for traditional banks. They have become popular for their potential for high returns, privacy, and their challenge to conventional financial systems.
Bitcoin is approaching the $19,000 mark in price
Bitcoin (BTC) is now worth around $19,000 USD. At 9:00 p.m. UTC on January 12, the...
Crypto.com will reduce its workforce by 20%
Because of the recent FTX fallout and market contagions, Crypto.com has had to conduct its second...
Binance purchase fails, Gopax investors could lose $471M
Although Binance is in the process of acquiring Gopax, the South Korean exchange has approximately $471...
Shanghai received upgrade that includes Ethereum unstacking
According to Bloomberg News, Ethereum developers said the upcoming Shanghai upgrade, scheduled for March, will include...
The ‘administrative expenses’ in the Celsius case total $53 million
According to the Financial Times, lawyers, advisers, and bankers involved in the Celsius bankruptcy case earned...
Bitcoin volatility index has reached an all-time low
According to TradingView data examined by CryptoSlate, the Bitcoin (BTC) volatility index reached an all-time low...
The total NFT market cap has increased by 11,664%
According to NFT Valuations data shared by crypto influencer 6529, the total NFT market cap has...
Turkey’s first digital lira transactions are complete
Turkey's central bank announced in a press release on December 29 that the first transactions involving...
Cyberattack costs BIT mining subsidiary $3 million
According to a Dec. 26 statement from BIT Mining, its subsidiary BTC.com lost $3 million in...
CZ’s net worth fell 93%, while 10 Crypto’s lords lost their standings
The year 2022 has been a tumultuous and eventful one for the crypto world, with multiple...
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