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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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Celsius Network Announces Court Approval of Reorganization Plan

Celsius Network has received court approval for its Plan of Reorganization, which aims to transform the company into a creditor-owned bitcoin mining firm, with over 95% creditor support, and aim for a 2024 Chapter 11 emergence.

by Jessie A Ellis
Nov 10, 2023

cryptocurrency

Venezuela Shuts Down Crypto Mining Operations

Venezuela has closed down crypto mining facilities as part of a national crypto department reorganization and corruption investigation into the country's oil company, PDVSA.

by Rebeca Moen
Mar 27, 2023

CRYPTOCURRENCY

Celsius Network Announces Court Approval of Reorganization Plan

Venezuela Shuts Down Crypto Mining Operations

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