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 The Falcon project has emerged as a dynamic and innovative DeFi platform that incorporates two interchangeable blockchains to form a robust network.The hybrid […]
Crypto News PRO An overnight pump that pushed popular decentralized finance token, YFI, up by 23 percent, has entered a bull trap.The Yearn Finance governance cryptocurrency […]
Crypto News PRO Sep 11, 2020 at 15:11 UTCUpdated Sep 11, 2020 at 15:12 UTC(Shutterstock)Finance ministers from five European countries have called on the EU Commission […]
Crypto News PRO Sep 10, 2020 at 16:00 UTCWith bitcoin lawsuits in the news and SushiSwap’s migration completed, CoinDesk’s Markets Daily is back for your latest […]
Crypto News PRO Sep 10, 2020 at 16:05 UTCUpdated Sep 10, 2020 at 16:43 UTCSquare CEO Jack Dorsey (Frederic Legrand – COMEO/Shutterstock)Jack Dorsey’s payment company is […]
Crypto News PRO Sep 10, 2020 at 16:22 UTC(Darren Welsh/Unsplash)A DBS Bank economist thinks the coronavirus pandemic will accelerate digital asset adoption, Mastercard announced a CBDC […]
Crypto News PRO Sep 10, 2020 at 16:41 UTC(Piotr Swat/Shutterstock)Cryptocurrency exchange Kraken said Thursday that Jeremy Welch, the co-founder and former CEO of crypto wallet firm […]
Crypto News PRO Sep 10, 2020 at 16:50 UTCRep. Darren Soto (in foreground) (Rep. Ruben Gallego/Wikimedia Commons)Rep. Darren Soto (D-Fla.) – sponsor of a number of […]
Crypto News PRO Sep 10, 2020 at 17:02 UTCUpdated Sep 10, 2020 at 18:54 UTCU.S. Treasury Department seal (Bill Perry/Shutterstock, modified by CoinDesk) The U.S. Treasury […]