• Market Cap: $266b

  • Nov 27, 2024

Cryptocurrency is a hidden, secure form of token that carries a monetary value. Bitcoins, Ethereum, Litecoins and various other similar terms that you hear, fall under the broad umbrella of Cryptocurrencies. Most of the cryptocurrency trades are recorded on a blockchain that forms a decentralized system. This is one of the reasons why it has become so popular in recent times.

Related Links: Cryptocurrency Beginner's Guide

Facebook Considering Plans to Launch Its Own Cryptocurrency

Along with the blockchain efforts, Facebook is looking towards creating a cryptocurrency that would allow their users to make digital payments over the platform

Huawei Introduces the BTC.com Wallet on their AppGallery App Store

Huawei has teamed up with BTC.com to introduce their wallet on the AppGallery app store. This wallet would now come pre-installed in new Huawei smartphones.

RBI Banking Embargo Forces Indian Cryptocurrency Exchanges to Move to Crypto-to-Crypto Trading

Following the Reserve Bank's Banking embargo on those dealing in cryptos, exchanges are rapidly introducing crypto-to-crypto trade to circumvent this ban.

Israeli Tax Authorities Now Monitoring Social Media to Track Crypto Traders

Reports from the Globes newspaper indicate that undercover agents of Israeli tax authorities are depending upon social media to track cryptocurrency users.

Nasdaq CEO Bullish on Blockchain and Cryptocurrencies

The CEO of Nasdaq, Adena Friedmanv expressed that blockchain will be crucial for economies going forward and also displayed her support for cryptocurrencies

Stellar to Undergo a Fork and Launch a Proprietary Blockchain

Kin Ecosystem Foundation has taken a decision to fork the Stellar currency to allow developers working with Kin blockchain to find more space

BMW Makes Use of Crypto-Rewards System to Track Mileage over the Blockchain

BMW's Innovation Lab is working in association with cryptocurrency startup DOVU, using blockchain tech and crypto rewards to improve the tracking of mileage.

Russian Court Recognizes Cryptocurrency as Property with Value

A Russian Higher court ruled that in case of bankruptcy, cryptocurrencies can be included as part of the individual’s estate for liquidation

Former Goldman Sachs President Gary Cohn Predicts a ‘Global Cryptocurrency’

In a recent statement during CNBC’s "Squawk on the Street" interview, Gary Cohn commented that he believes that there will soon be a ‘global cryptocurrency’.

Bermuda Aims to Become the New Blockchain Hub

Bermuda government is working on establishing blockchain and cryptocurrency firms in the island.