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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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Hong Kong SFC Warns Against Crypto Entities HongKongDAO and BitCuped for Suspected Fraud

The SFC of Hong Kong warns against HongKongDAO and BitCuped for suspected fraud, blocking their websites and extending caution to other virtual asset platforms.

by Jessie A Ellis
Dec 07, 2023

CRYPTOCURRENCY

Hong Kong SFC Warns Against Crypto Entities HongKongDAO and BitCuped for Suspected Fraud

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