BIS Calls Complete Decentralization in DeFi Illusion, Stresses on Proper Regulations
The report by BIS explains why the decentralization in DeFi is a myth or illusion and reveals a principal reason for these concerns.
Cryptocurrency news
Stay up to date and explore the latest news stories about cryptocurrencies including price forecasts, expert analyses and much more we know about cryptos 
Bitwise CIO Matt Hougan Doubts that Bitcoin Will Hit $100K by Year’s Ending
By Tolu Ajiboye
The Bitwise CIO believes that Bitcoin will not set any further price records for the remainder of 2021, but may instead rally in 2022.
Crypto Investment Firm Hashed Under Investigation
The crypto industry in South Korea has come under increased scrutiny by regulators.
These Bunch of Cryptocurrencies Make Their Way to Coinbase Pro
COVAL, IDEX, MCO2, POLS, FOX, SPELL and SUPER are some of the new cryptocurrencies making way to Coinbase Pro. Read more to know about their functionality.
Gemini Partners Colombia’s Biggest Bank for Crypto Trading
Currently, crypto assets custodian Gemini already has outlets in six Latin American countries, with Columbia becoming their latest to join the pool. In total, the firm operates in about 60 countries around the globe.
AI Robot Sophia to Be Tokenized and Auctioned on Binance Marketplace
By Sanaa Sharma
With the bidding spanning over a period of 5 days, the aim is to sell twenty iNFTs every day till December 21.
21Shares Lists First Exchange Traded Notes on Nasdaq Stockholm
The emergence of products like 21Shares ETNs is a good way to shift the paradigm for more conservative investors who want an extra level of security.
Coinbase Launches New Open-Source Cryptography Library Kryptology
Kryptology is a cryptographic library developed by Coinbase to further uplift crypto innovation.
Jack Dorsey’s Spiral Presents Bitcoin Lightning Development Kit
By Daria Rud
With the LDK, Spiral aims to foster BTC adoption by “providing a way for people in different parts of the world … to store value and engage in economic activity.”
Craig Wright Vindicated in Kleiman’s Case, Set to Pay $100M in Damages
The jury in the Kleiman case had a tough job and they were mostly unable to agree on the majority of the counts levied against Craig Wright.
Latest Cryptocurrency news
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.
What is Blockchain?
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.
How does Blockchain work?
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.
What are Cryptocurrencies?
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.
What does the future hold for Blockchain and Cryptocurrency?
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.
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