
FTX EU Repayment in View as Backpack Begins Verification
The new owner of FTX EU Backpack has commenced verification for users who still have claims with the exchange to recoup their funds.
The new owner of FTX EU Backpack has commenced verification for users who still have claims with the exchange to recoup their funds.
Solana ETF launched by Volatility Shares have fallen flat while pump.fun has allegedly sold 65,000 SOL worth a massive $8.22 million.
Bitcoin price rebounds above $84K as selling slows. Traders eye $86K resistance and $78K support for the next move.
XRP price has increased 7% to $2.17, with daily trading volume rising 18% to $4.22 billion.
The $159 level is a key support to watch for Aave (AAVE), while a break below could send prices toward $128.
In the first quarter of 2025, USDT issuer Tether has scooped up a massive 8,888 Bitcoin (BTC) worth a whopping $735 million.
Japanese investment firm Metaplanet Inc acquired an additional 696 BTC using cash-secured put options, bringing its total holdings to 4,046 BTC.
COMP token experienced a sharp price spike after its Upbit listing, but allegations of founder Robert Leshner selling a large batch of tokens have overshadowed the rally.
Shiba Inu price is in the spotlight as showcased by the more than 1 billion transaction milestone registered by Shibarium.
Cardano is advancing Bitcoin DeFi integration through Hydra and Aiken, while its native token ADA shows signs of recovery.
Coinbase CEO Brian Armstrong urged US lawmakers to update regulations, allowing stablecoin issuers to pay interest to holders, similar to traditional savings accounts.
Spot Bitcoin ETFs recorded their second-largest monthly outflow in March as the crypto community showed mixed reactions toward the market movements.
XRP price may record a massive breakout if a 72,500% prediction from a top market analyst comes to reality.
Shiba Inu (SHIB) burn rate shot up a whopping 1,300% in the past 24 hours with 17 million tokens being removed from supply.
Blockchain investigator ZachXBT reports that Coinbase users have lost over $46 million in the past two weeks due to phishing scams.
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.