A crypto project claims its “pioneering technology” can deliver strong security and stop malicious actors from orchestrating 51% attacks.
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 Thomas Simms
JPMorgan Chase’s Interbank Information Network is now used by more than 220 banks around the world
- News
Microsoft Korea has said the country is facing an increase in crytojacking incidents, according to their new report.
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The proportion of residents owning crypto increased 1% in 2018 despite the various publicity problems the industry faced.
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The British Virgin Islands has partnered with blockchain firm Lifelabs.io to launch a crypto-enabled payments infrastructure.
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A charitable campaign to enable the direct transfer of $1 million in crypto donations has raised $272,000 to date.
- Expert Take
It seems that the new “Crypto” movie may have little to do with cryptocurrencies, and more to do with the Russian mob.
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Most of the top 20 cryptocurrencies are reporting slight to moderate losses on the day as bitcoin has fallen under $5,300 again.
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The Chilean Minister of Finance announced the introduction of a bill regulating cryptocurrencies and fintech to Congress.
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Japanese cryptocurrency exchange Zaif announced that the transfer of the exchange will become effective on April 22.
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Most of the top 20 cryptocurrencies are reporting a mix of slight gains and losses on the day as bitcoin crosses the $5,300 line.
- Analysis
by Joseph Young
Thailand is opening up to crypto, operating an ICO portal and considering the possibility of regulating security tokens.
- News
A Chinese publicly listed construction company turned to cryptocurrency mining firm has been reportedly sold after its value decreased by over 90%.
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Mithril has adopted the Binance Chain, the mainnet of the leading cryptocurrency exchange Binance.
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Major cryptocurrency exchange Poloniex will support Tether’s stablecoin USDT coin on the Tron blockchain.
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