The term "cryptocurrency" refers to a digital currency based on cryptographic protocols, which make transactions safe and extremely difficult to falsify.
The most important feature of cryptocurrencies is that they are not controlled by any central authority: the decentralized nature of the Blockchain makes these coins practically immune to interference or control by governments.
Furthermore, thanks to the combination of a public and a private key, cryptocurrencies simplify the transaction process. The exchanges take place with minimal processing costs, allowing users to avoid the very high commissions imposed by traditional financial institutions.
Crypto News PRO Yearn Finance’s governance token, YFI, closed above $40,000 during the early trading session on Monday.The YFI/USD exchange rate established an intraday high at […]
Crypto News PRO Sep 14, 2020 at 16:00 UTCUpdated Sep 14, 2020 at 16:15 UTCServer rack (Sehenswerk/Shutterstock)An analysis of a year’s worth of cyberattacks on “honeypot” […]
Crypto News PRO If you thought the DeFi phenomenon was big, bigger and better is yet to come. Well, that’s according to former AngelList CEO, Naval […]
Crypto News PRO Sep 14, 2020 at 16:05 UTCAs some bitcoin options traders bet on new all-time highs and another DeFi protocol is attacked, CoinDesk’s Markets […]
Crypto News PRO Ethereum is facing risks of undergoing a massive plunge as it partially confirms a bearish flag pattern.The technical setup appears after an asset […]
Crypto News PRO Sep 14, 2020 at 16:39 UTC(Macau Photo Agency/Unsplash)Hackers hit DeFi protocol bZx again, derivatives traders have placed bets bitcoin will hit $30,000 by […]
Crypto News PRO No one could have imagined China co-opting Bitcoin’s blockchain technology for its Orwellian goals, but then again, China could also probably never have […]
Crypto News PRO DeFi lending protocol bZx suffered another attack last night, the second in seven months.This time, faulty code was blamed for an exploit that […]
Crypto News PRO Sep 14, 2020 at 17:30 UTCUpdated Sep 14, 2020 at 17:41 UTC(Vincent Ghilione/Unsplash)The inaugural project on ConsenSys’ anti-speculation platform, Activate, has completed a […]