Britain’s financial regulator has said Binance, one of the world’s largest cryptocurrency exchanges, cannot conduct any regulated activity and issued a warning to consumers about the platform, which is coming under growing scrutiny globally. In a notice dated June 25, the Financial Conduct Authority (FCA)…
The crypto market on Wednesday was trading broadly in the green, with major coins surging, after a volatile session on Tuesday. Bitcoin briefly dipped below $28,600 for the first time since January. Currently, it is trading at $33,976, nearly 4 percent up in 24 hours and remains about 13 percent higher so far this…
China’s renewed crackdown on the cryptocurrency industry has wiped off nearly $300 billion in value from the total digital currency market since Friday, when a major bitcoin mining hub ordered miners to shut down operations. Bitcoin was down around 6.6% at $32,735.71 at around 10:47 p.m. ET, coming off its…
With the almost daily news coverage of cryptocurrencies, things can get overwhelming if you don’t exactly understand how the world of digital currencies works. Which is why we’ve put together an easy-to-understand guide explaining the main terminologies that make cryptocurrencies work. From blockchains to crypto…