Cryptocurrency is a digital or virtual form of currency that uses cryptography for security. It operates on decentralized networks based on blockchain technology, which is a distributed ledger enforced by a network of computers (nodes). Cryptocurrencies are designed to work as a medium of exchange, allowing for secure and anonymous transactions over the internet without the need for a central authority, such as a bank or government. They can be used for various purposes, including buying goods and services, investing, or transferring value across borders. The most well-known cryptocurrency is Bitcoin, but there are thousands of others, including Ethereum, Ripple, and Litecoin. Each cryptocurrency has its own unique features and underlying technology.
In early 2025, hackers executed the largest theft of digital assets, stealing $1.67 billion in the first quarter alone. The crypto exchange Bybit was at the center of this massive…
The U.S. Justice Department intensified efforts against terrorism financing by seizing $201,000 in cryptocurrency linked to Hamas. Authorities disrupted a network that utilized digital currencies to bypass traditional financial scrutiny,…
### Understanding the Recent Cryptocurrency Downturn The cryptocurrency market faced significant turmoil as major digital currencies experienced steep declines, partially mirroring a downturn in stock futures. Bitcoin saw a drop…