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.

Investor Continue Losing Interest on Crypto products in July, Report says
CryptoCompare's monthly report shows that assets under management (AUM) declined 14% compared to the previous month, while the total trading volumes plummeted by 35.4% across all digital-asset investment product markets.
Coinbase Commerce Accepts Dogecoin as Payment Method
Coinbase’s e-commerce platform officially announced that it accepts Dogecoin as a payment method Wednesday. Yet, it excludes in the scope of The S&P Cryptocurrency Broad Digital Market (BDM) Index.
Gift ideas you can buy with cryptocurrencies
If you think about whether you may purchase a gift for someone with it, you definitely can.
Mastercard Enhances Crypto Wallet and Exchange Business
Payment giant Mastercard announced Tuesday to enhance its function and experiment for cryptocurrency wallets and exchanges to their clients. The card issuer cooperates with multiple crypto enterprises to convert crypto and traditional fiat money more accessible.
European Commission Moves to Tighten Rules on Cryptocurrency Transfers
The European Commission has announced that firms transferring Bitcoin and other cryptocurrencies must collect details of payers and payees to help regulators prevent the flow of dirty money.
Fidelity Digital Assets to Hire 70% Staffs to Meet Rising Cryptocurrency Demand
Fidelity Digital Assets plans to employ a number of its employees amid increasing demands for crypto assets.
Crypto Trading Volumes in Exchanges Sank by Over 40% in June
The ripple effect of the recent crypto market crash continued to be felt as trading volumes at major exchanges nosedived by more than 40% in June.
Over 101 Carat Diamond Sold for $12.2M in Crypto in Hong Kong
A 101.38-carat diamond has been sold for over $12.2M, conducted by Sotheby’s in Hong Kong recently. The transaction will be accepted in cryptocurrency, either in Bitcoin or Ether, as payment.
Woori Financial Group To Provide Cryptocurrency Custody Services
South Korean Woori Financial Group has announced that it will establish a digital asset custody joint venture with Korean blockchain developing company Coinplug.
Central Banks Doubt Cryptocurrency Limited Role in Reserve Operations
A survey conducted by UBS investment bank shows that central banks do not expect a cryptocurrency to replace gold as a digital reserve asset.

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