Cryptocurrency mining ASIC producer Canaan filed with the U.S. SEC to issue around $12.4 million worth of shares to its employees.
The definition of a cryptocurrency is a digital currency built with cryptographic protocols that make transactions secure and difficult to fake. The most important feature of a cryptocurrency is that it is not controlled by any central authority: the decentralized nature of blockchain makes cryptocurrency theoretically immune to the old ways of government control and interference. Cryptocurrencies make it easier to conduct any transactions, for transfers are simplified through use of public and private keys for security and privacy purposes. These transfers can be done with minimal processing fees, allowing users to avoid the steep fees charged by traditional financial institutions.
However, the latest news on cryptocurrencies indicates that because cryptocurrencies are devoid of a central repository, a digital cryptocurrency balance can be wiped out by a computer crash, a hack, and other unexpected events.
Cryptocurrencies appear on the scene of massive protests in the U.S. in response to police killing George Floyd, with many industry leaders weighing in.3673
Sensitive data from darknet websites hosted in Daniel’s Hosting have been leaked by a hacker who claims ties to Anonymous.2721
Swiss private bank Maerki Baumann deepens crypto push by adding crypto custody and trading services.1867
Cryptocurrency travel website Travala.com saw a 45.8% increase in the total number of room nights booked in May compared to April.4510
The past few years have seen a glut of cryptocurrency exchanges becoming insolvent. But what legal rights do their customers have with regards to the return of their held assets?2998
Crypto miners based in the United States will greatly benefit from the falling electricity prices worldwide, says Andreas Antonopoulos.5780
Goldman Sachs attacks crypto, why Bitcoin may be wandering into a bull trap, and how Libra is going to make money.7220
The art of enacting legislation in a timely fashion requires strong cooperation between regulators and industry officials.4658
John McAfee dismissed his earlier prediction of future Bitcoin price, telling people to "wake up."18426
The crypto industry has the best historical moment to change the discourse about crypto and its reputation into a successful innovative tech sector.5069
As decentralized finance becomes a principal focus for both investors and companies alike, custodians will ease their entry, making DeFi the future of finance.2935
Crypto artist sold his “I Can’t Breathe” art piece for crypto on a blockchain-backed social network.15117
Here are the legal resources available to Indian crypto users and businesses if a bank has declined services out of cryptophobia.2760
Former chief of Russian Post local branch is arrested on suspicion of running a crypto mining farm inside the office for almost six months.7785