Category: Crypto
A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership. Cryptocurrency does not exist in physical form (like paper money) and is typically not issued by a central authority. Cryptocurrencies typically use decentralized control as opposed to a central bank digital currency (CBDC).
When a cryptocurrency is minted or created prior to issuance or issued by a single issuer, it is generally considered centralized. When implemented with decentralized control, each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.
Nvidia Stocks Closed at a Record Eighteenth Consecutive Week of Gains
- by Team
The cryptocurrency market is full of great tech, and there is a good chance that Nvidia might come out on top of the pile. The market price for Nvidia’s stock is more than twice the value of the most expensive Bitcoin. Cryptocurrency. chance that Nvidia might come out on top of the pile. The stock…
Read MoreThe PBoC Issues a stern Warning to Cryptocurrency Investors
- by Team
The People’s Bank of China (PBoC) published a stern warning to financial firms Thursday that they should stop trading or storing the digital currencies “if they are deemed to be gambling, betting on virtual currencies, or have been involved in money laundering. ” However, the warning is a bit too generic and the PBoC is,…
Read MoreHow Much is Enough to Get Hacked by Hackers?
- by Team
This is the first in a series of posts that attempts to answer the question of how much is enough to get hacked by hackers and how much can a ransom be paid to hackers to get them to back off. This will be followed by posts about the types of attacks, the people behind…
Read MoreA Development Agreement for a Cryptocurrency and NFT – Gifting Platform
- by Team
BlockChain Foundry (BCF) is a crypto and fiat currency gifting platform for Gifty. BCF will be providing a safe and secure platform, which enables Gifty to engage in easy transactions with multiple currencies in one platform. The Blockchain Foundry (BCF) is a crypto and the token platform for Gifty which enables Gifty to receive funds…
Read MoreBinance Staking – A Simple Alternative to Mining
- by Team
After the initial coin offering and initial coin distribution (ICO/ICD) model has demonstrated to be not financially sound, the concept of a crypto-stake and the practice of staking comes to rescue in a more sustainable way. The staking model is an easy way for people to participate in the network which will eventually increase the…
Read MoreCentral Bank: No Plans to Adopt Cryptocurrency Now
- by Team
Central bank in India plans to keep its cryptocurrencies, but now only to buy Indian rupee. The central bank of India (CBI) has announced its intention to keep its cryptocurrencies to buy the Indian rupee through November 2018. The move was confirmed by the Reserve Bank Governor on October 15. The RBI, in its statement,…
Read MoreChina Bans Speculative Cryptocurrency Trading From Financial Institutions and Payment Companies
- by Team
China bans speculative cryptocurrency trading from financial institutions and payment companies. Article Title: China bans speculative cryptocurrency trading from financial institutions and payment companies | Cryptocurrency. Full Article Text: The Chinese government on Thursday barred speculative trading on the Chinese cryptocurrency, Bitcoin, and virtual currency startups, according to a statement issued by the State Council…
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