As a result of the demise of crypto exchange FTX, the implosion of cryptocurrency LUNA, and a slew of other calamities, governments around the world are…
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Digital Assets News
What is a Digital Asset?
A Digital asset is a non-tangible asset that is created, traded, and stored in a digital format. In the context of blockchain, digital assets include cryptocurrency and crypto tokens.
Cryptocurrency and tokens are unique subclasses of digital assets that utilize cryptography, an advanced encryption technique that assures the authenticity of crypto assets by eradicating the possibility of counterfeiting or double-spending.
The key differentiation between the two classes of digital asset is that cryptocurrencies are the native asset of a blockchain — like BTC or ETH — whereas tokens are created as part of a platform that is built on an existing blockchain, like the many ERC-20 tokens that make up the Ethereum ecosystem.
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Leading cryptocurrency exchange Bitget has launched a new Fund Custody service with dedicated wallet to boost up safety. Bitget will provide dedicated wallets to qualified accounts…
‘KoinX Tax Professionals’ is integrated with CoinDCX, BitBNS, CoinSwitch, WazirX, Binance, KuCoin, ZebPay, Coinbase, Unocoin, Crypto.com & Vauld and will reduce TAT by 99%.
MetaOne eliminates the need for users to remember their private keys and seed phrases.
So far, the Indian government looks uncomfortable and unprepared with crypto industry and has been delaying the much needed regulations.
Nigeria’s proposed bill would acknowledge cryptocurrency as ‘capital for investment’.
In February 2022, the world started talking about the beginning of crypto-winter. This is a rapid decrease in the value of cryptocurrencies – currencies that exist…
As a Physical Validator, LCX is responsible for maintaining the integrity and security of the tokenized assets on the blockchain.
The money raised will be used to buy gold reserves that back its $SRG token.
United Fintech, the end-to-end solution for banking technology, has acquired 100% stake in Cobalt, the provider of critical risk and data services to the FX and…