Over 80% of New Tokens on Binance Decline in First Six Months
Despite the overall market slump, five tokens, including MEME and ORDI, maintained their value amidst a challenging environment
Despite the overall market slump, five tokens, including MEME and ORDI, maintained their value amidst a challenging environment
The new achievement by Notcoin offers insight into the future of decentralized applications, as developers can also leverage Telegram and TON blockchain ecosystems to create innovative and formidable projects.
The depeg situation of Synthetix’s sUSD has once again highlighted the vulnerabilities within DeFi systems and the impacts of liquidity shifts.
Amidst the legal proceedings, Binance CEO Richard Teng accused the Nigerian government of prolonging the case for the purpose of extorting money from the company.
Coinbase said that the market is underestimating the odds and timings of a potential spot Ethereum ETF approval, thereby leaving sufficient space for upside surprises.
The recent strong performance being demonstrated by FTM token is an indicator that Fantom’s strategic initiatives may be beginning to bear fruit.
If due process is not followed by the Probation or Pretrial Services Office, Zhao’s legal team can contend for a reduction in the sentencing duration on due process grounds.
While Bitcoin appears relatively balanced between long and short positions, Ethereum price weakness has dampened market confidence.
Peaq plans to utilize the $20 million from the token launch to grow its ecosystem, further develop its Modular DePIN Functions, and ensure network security.
To set up their digital yuan wallets, Hong Kong residents just need their local phone numbers. Hong Kong is currently conducting this pilot program for e-CNY within the Greater Bay Area.
For the average millennial or at least anyone that pays attention to the business world, the term “cryptocurrency” would not seem like such a strange word. If that is, then the terms Bitcoin, Ethereum or at least Blockchain should ring a bell. One might wonder, why are these terms suddenly so prevalent, especially cryptocurrency news? Computing is getting rather pervasive and the society is leaning towards digital services. The finance world too isn’t spared as the disruption of technology into this sector has fostered the birth and development of Fintech organizations.
These Fintech organizations look to digitize payments and transactions, offering the same services that are currently in existence but in a better, efficient and more effective way.
Blockchain is the network upon which most of these cryptocurrencies operate on. The history of blockchain and bitcoin, in particular, does not have a definite story. In 2009, an individual or group of individuals known to be “Satoshi Nakomoto” developed and published the technology to allow people make digital payments between themselves anonymously without having an external party to verify or authorize the transfer of the currency being exchanged.
Although technologies like this might seem rather complex, understanding how Blockchain works is quite easy, given that one has a basic idea of how networks work. Blockchain is simply a database shared between several users, containing confirmed and secured entries. It is a network, where each entry has a connection to its previous entry.
This technology affords a very secure model whereby every record in the database cannot be tampered with. Apart from the stellar security that this network offers, the transparency and speed at which the network operates give it an edge over the conventional way of conducting transactions.
In simple terms, cryptocurrencies are just monies in digital form, transacted via digital means and over a digital network. The transfer of these currencies is utilized with cryptography and the aforementioned blockchain network. Up until the 2010s, cryptocurrencies were not really known until Bitcoin made its breakout and this gave rise to the birth of new cryptocurrencies.
Cryptocurrencies have had their fair share of bullish and bearish trends, going to show how unstable they can be. The latest cryptocurrency news reports lots of people predicting prices for various cryptocurrencies in the years to come but no-one can say for sure.
Blockchain, on the other hand, is making its way into pervasive computing, especially IoT, giving way for the development of new solutions that embrace data security and transparency.