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Putin to Tucker: East Dnieper Rus Land; Will Win; Zaluzhny Sacked, Syrsky Chief, Ukr/West AppalledCryptocurrency is decentralized digital money that is based on blockchain technology and secured by cryptography. Cryptocurrencies are digital tokens. They are a type of digital currency that allows people to make payments directly to each other through an online system. A cryptocurrency is an encrypted data string that denotes a unit of currency. It is monitored and organized by a peer-to-peer network called a blockchain.