cryptocurrency

(redirected from crypto)
Also found in: Dictionary, Thesaurus, Medical, Acronyms, Wikipedia.
Related to crypto: cryptography, cryptosporidium

cryptocurrency:

see virtual currencyvirtual currency,
a means of payment that is electronically created and stored, more specifically an unregulated electronic medium of exchange that operates like a currency but is created and controlled by computer software; also called digital currency.
..... Click the link for more information.
.

cryptocurrency

(CRYPTOgraphic CURRENCY) A digital currency that resides in a decentralized public ledger known as the "blockchain." Cryptocurrencies are not maintained or governed by any bank, financial institution or nation. They are a global entity, and in 2009, Bitcoin was the first. Since then, well more than a thousand others have been introduced with names such as Litecoin, Namecoin, Peercoin, Mastercoin, BlackCoin and Dodgecoin. However, some digital currencies are nothing more than scams that take advantage of the latest craze. As of 2019, after the U.S. and Japan, South Korea does the most Bitcoin trading. See Bitcoin, Ethereum, Litecoin, Ripple and blockchain.

What's Cryptic About It?
The transaction of sending money from one party to another is encrypted via public key cryptography. Thus, the identity of the sender is kept secret much like paying for merchandise with cash in the physical world. See public key cryptography.

Based on Demand
Except for Sharia-conforming OneGram, which is backed by physical gold, the value of a coin of cryptocurrency is based on the market like a share of stock, and its value fluctuates wildly. For example, once worth a few cents, a single Bitcoin has jumped to thousands of dollars. Cryptocurrency traders hope to make fortunes with this phenomenon, which has gathered immense steam in the 2010s.


Real-Time Crypto Updates
For the latest cryptocurrency updates, go to www.cryptocompare.com. The green Bitcoin and Ethereum Classic prices show the last quote was an uptick. As of this example (August 2018), there were nearly 2,000 coins in the list.
References in periodicals archive ?
Evolving malwares continuously force us to evolve our defenses to try closing all attack vectors by bad guys like crypto miners who take advantage of computing users and organizations'.
In fact, the New York Stock Exchange is looking to follow other exchanges and list a number of funds linked to Bitcoin, hence once crypto currencies enter the financial lexicon of the mainstream, everyone will be more familiar with terms like "ICOs" (Initial Coin Offerings).
Basically we help companies fast track their crypto currency solutions and their crypto 2.
was approached by some crypto currency miners recently and they presented us with an opportunity that we did not want to pass up.
Sectra's voice crypto for tactical radio protects communications between vehicles and troops in the field from eavesdropping.
The crypto system will be used to protect calls from eavesdropping in Rakel, the Swedish Public Safety Network.
At the start, Crypto can read thoughts (``moooo'') as well as demonstrate his ability to lift things with his mind.
Crypto, which cannot be seen without a very powerful microscope, is so small that over 10,000 of them would fit on the period at the end of this sentence.
According to John Melia, a spokesperson for the Department of Environmental Protection, they began what he calls a "very aggressive sampling program" and conducted 571 tests for crypto.
For starters, crypto is blamed for about 400,000 illnesses and over 60 deaths in a Milwaukee outbreak beginning in March 1993.
But we think more crypto traders completed the needed process via online," said an official at Industrial Bank of Korea (IBK)'s Yeouido branch.