CRYPTOCURRENCY

 

Crypto News
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.


US Treasury Invites Public Opinions on Digital Assets Framework
The US Treasury Department has requested US citizens to comment on how Biden's Executive Order on digital assets could be streamlined and modernized.
Celsius is "Deeply Insolvent", Says Vermont's Financial Regulator
Vermont's Department of Financial Regulation also said that Celsius Network is also not honouring its obligations to customers and creditors as it does not have the assets and liquidity to do so.
Brazilian Fintech Firm PicPay Plans to Launch Crypto Services
Brazilian financial technology company, PicPay wants to bring crypto payments to its users by using its app.
Bitstamp to Charge Inactive Fee to Make Up for Costs
Inactive users of the cryptocurrency exchange Bitstamp platform will have to pay a fee to make up for costs, according to a report from The Block.
Central African Republic Launches National Crypto Hub Project Sango
The Central African Republic (CAR) has doubled down on its plans to embrace the technology underpinning Bitcoin with the recent launch of Project Sango, a National crypto hub.
Voyager Digital Suspends Crypto Trading, Deposits & Withdrawals
Digital asset broker Voyager Digital said halting all customer trading, deposits, withdrawals and loyalty rewards was the right one given the current market conditions.
Meta to Shut Down Novi Crypto Wallet in September
Although Meta Inc said it will end the Novi digital Wallet, the firm plans to continue executing its existing fintech goals to boost greater financial inclusion as it looks ahead to the metaverse.
Crypto Watchlist: Biggest Losers This Week (AVAX, MATIC, KCS)
With most coins trading in the negative, here is a look into the three coins with the biggest weekly losses.
Bitget Seeks 3x Workforce Expansion Amid Ongoing Layoffs
The emerging derivatives exchange platform, Bitget has announced plans to power its ongoing ecosystem growth by adding about 500 more new employees.
Crypto Market Resurgence: Is the Crypto Winter Finally Over?
While investors might be optimistic about the recent bullish trend, a major question then surfaces: Does this recovery imply a return to the bullish green days?

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