The People’s Bank of China once again asserted its crypto crackdown stance at a recent media briefing. The Central Bank stated that virtual currencies like Bitcoin can’t compete with legal tender in the nation. The bank officials argued that cryptocurrencies are not backed by any real value. According to local media, Yin Yuping, deputy head…

What is blockchain, and what does it have to do with cryptocurrency, writes Thomas Hum on Yahoo Finance. Blockchain is a type of database composed of a growing list of records, individually known as blocks, that are chained together through computer cryptography. The goal of blockchain is to allow for the recording and distribution of…

Solana cryptocurrency (SOL) is setting new all-time price records, and the project itself is confidently becoming the DeFi industry leader. The Solana blockchain has a number of unique qualities that open up exceptional prospects for the project. In 2021, the SOL cryptocoin had record-setting rates of value growth and demand for its blockchain. Solana’s price…