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 Sep 9, 2020 at 11:41 UTCUpdated Sep 9, 2020 at 14:37 UTC(David Benito/Getty Images)Leah Callon-Butler, a CoinDesk columnist, is the director of Emfarsis, […]
Crypto News PRO In the first crypto exchange hack of this bull market, a European crypto exchange was hacked for around $5 million. Only the exchange’s […]
Crypto News PRO Sep 9, 2020 at 12:00 UTCUpdated Sep 9, 2020 at 14:08 UTC(Shutterstock)Binance has unveiled a new subsidiary that will provide cryptocurrency trading services […]
Crypto News PRO Bitcoin price struggled to gain momentum above $10,400 against the US Dollar. BTC is currently trading near the $10,000 support and remains at […]
Crypto News PRO Sep 9, 2020 at 12:49 UTCUpdated Sep 9, 2020 at 13:47 UTCThe Nasdaq is the primary venue for U.S.-listed tech stocks (Shutterstock)You’re reading First […]
Crypto News PRO Sep 9, 2020 at 13:00 UTC(Hurricanehank/Shuttertsock)Digital collectibles marketplace Blockparty said Wednesday it is releasing digital music collectibles in partnership with DJ Justin Blau […]
Crypto News PRO Sep 9, 2020 at 13:00 UTCUpdated Sep 9, 2020 at 13:58 UTC(Getty Images, modified by CoinDesk)A previously undisclosed vulnerability in the Bitcoin Core […]