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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.
Binance stopped transferring payments in dollars from Feb 8
The largest cryptocurrency exchange in the world, Binance, said on Monday that it would stop accepting...
Nexo and the SEC reach a $44.5 million settlement
Nexo, a cryptocurrency lending company, has reached an agreement with the Securities and Exchange Commission (SEC),...
1inch introduces a multi-coin hardware wallet
The wallet is expected to go on sale later this year. 1inch, a decentralised cryptocurrency exchange,...
Robinhood has released an identity wallet
The wallet currently supports Ethereum and Polygon, but it plans to expand in the future by...
Celsius’s Ex-CEO is being sued for alledged swindling customers
Letitia James, the attorney general of New York, has filed a lawsuit against Alex Mashinsky, the...
UAE set to become crypto hotspot as result of virtual regulations
As a result of new regulations encouraging the use of blockchain apps for regional economic advancement,...
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...
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