The Bank of Lithuania has updated its position on cryptocurrencies and ICOs, but left its underlying principles unchanged.
Cryptocurrencies News
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.
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by Aaron Wood
The new Samsung Galaxy S10 features a storage system for private keys for blockchain-related systems.
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Institutional cryptocurrency investment services firm BitGo is planning to add support for Tron.
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by Ana Berman
Spanish startup CryptoSolarTech will return $68 million raised during its ICO; the funds were slated for the construction of a crypto mining farm in Southern Sp...
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The company behind a crypto hardware wallet says users can surpass cold storage — all thanks to new technology.
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by Helen Partz
Blockchain security firm CipherTrace has secured a $15 million investment from Galaxy Digital and other venture capital firms.
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by Helen Partz
Crypto markets are mostly trading sideways today, Binance Coin jumps 6 percent amidst Binance DEX launch.
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Two blockchain-related bills have been passed in the U.S. state of Wyoming.
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by Helen Partz
Solidus Labs, a trade surveillance firm backed by Goldman Sachs fintech veterans, raised $3 million from Hanaco Ventures.
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by Ana Berman
Stablecoins will play a major role in crypto adoption, especially in developing countries, a new study from crypto entrepreneurs shows.
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Coinbase announced that support for Bitcoin Cash (BCH) has been added to its Coinbase Wallet app.
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by Ana Berman
Major crypto wallet provider Blockchain.com opens its fifth office, announces building up a team in Lithuania.
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by Ana Berman
Binance has launched the testnet of its new decentralized exchange, Binance DEX, which is based on the Binance Chain and supports hardware wallets.
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Tesla CEO Elon Musk said that Bitcoin is “a far better way to transfer value than pieces of paper,” during an interview on the advisory services firm ARK Invest...
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A Nova Scotia supreme court justice has chosen the legal representatives for clients of Canada’s major crypto exchange QuadrigaCX.
- Crypto Markets Trade Sideways After Recent Gains, Stock Market Sees Green
- Crypto Investment Services Firm BitGo to Add Support for TRON
- New Samsung Galaxy S10 Includes Cryptocurrency Key Storage
- Spanish Mining Startup to Return $68 Million Raised During ICO
- Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, Stellar, Tron, Binance Coin, Cardano: Price Analysis, Feb. 20