
Ripple Labs Acquires Prime Broker Hidden Road For $1.25 Billion
Ripple has made its first major acquisition since the end of its legal battle with the US SEC, with Hidden Road set to become its subsidiary.
Ripple has made its first major acquisition since the end of its legal battle with the US SEC, with Hidden Road set to become its subsidiary.
The US SEC will hold its second crypto roundtable on April 11, with representatives from Coinbase, Uniswap Labs, and Cumberland DRW participating.
Ark Invest, the Cathie Wood-owned asset management firm has taken a new position in Coinbase Shares, following heavy stock market selloff.
According to a four-page memo by Deputy Attorney General Todd Blanche, the US DoJ is closing its crypto enforcement division, NCET.
Glassnode data has confirmed that more than 80% of TRX and XRP holders are currently in unrealized profits despite the market crash.
The PI token shot up over 3% in the past 24 hours as 1.5 million tokens are scheduled to be unlocked per day starting April 11.
Hedera (HBAR) price jumped 20% today to $0.16, driven by Nvidia’s announcement of integrating Hedera’s blockchain into its AI systems.
The People’s Bank of China is allowing a free float on the yuan, a move that may fuel a rapid breakout of Bitcoin price.
XRP has rebounded to $1.86, up 11% from a recent low, following the approval of Teucrium’s 2X Long Daily XRP ETF.
Despite a turbulent crypto market, FARTCOIN has surged over 30% in just 24 hours, now trading at around $0.57.
A long-dormant Ethereum whale has re-entered the market after seven years, depositing 2,000 ETH worth $3.11 million to Kraken and sparking Ethereum price crash concerns.
The top 10 newly listed cryptocurrencies on MEXC have outperformed the broader crypto market, increasing by 4,770% in March.
Hong Kong’s SFC has issued new crypto staking guidelines for virtual asset trading platforms and custodians to improve investor protection.
Following an 80% weekend rally to $0.75, Pi Coin has dropped over 10% in the past 24 hours with daily trading volumes exceeding $450 million.
Binance teams up with WorldPay to simplify crypto purchases using Apple Pay and Google Pay, broadening access to over 1,000 payment methods worldwide.
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.