Binance.US CEO Brian Brooks has announced his resignation from the company, citing "strategic differences" as a main reason for stepping down. This marks an abrupt change of plans after just weeks ago he had been promoted to co-CEO alongside Binance's current CEO Changpeng Zhao; something that was hailed by...
Amazon has not been one to shy away from innovation, as they have recently hinted that cryptocurrencies may soon be accepted. The company is looking to expand their payment options by allowing Bitcoin for purchases, as they are hiring a digital currency and blockchain product lead This move will appeal...
Square is looking to create a new business dedicated to DeFi aka "decentralized finance" applications. The projects will rely on smart contracts that are executed without the need for third parties like banks or other financial entities in order to conduct transactions of any kind, including lending and borrowing money...
Cryptocurrency exchange WazirX has announced the launch of their new marketplace for Non Fungible Tokens, where users can buy and sell unique digital works of art. The creators will be able to take advantage of an economy that is booming in recent times with billions worth being exchanged across a...
The prominent figure in IT world, Facebook CEO – Mark Zuckerberg recently made comments on how blockchain based authentication system for user data can eliminate usage of the third-party systems. In an interview with Harvard Law professor Jonathan Zittrain on Feb. 20, Zuckerberg quoted that use case involving a blockchain system...
While the entire crypto market is still relatively volatile and unstable, the price of Litecoin is showing a positive trend. The launch of Litepay is imminent and seems to inspire the course. The total market capitalization on the evening of 20.02.2018 was just over $ 500 billion. To date,...
The Autorité des marchés financiers (AMF), the regulatory body in the financial sector in France,made a statement in press release wherein it states that online platforms or any company that allows users to carry out commercial transactions with cryptocurrency derivatives are not qualified to do it directly, and would...
Right now biggest challenge faced by cryptocurrency community backed by Blockchain technology are scalability issues. With respect to this, Ethereum developers will soon begin testing its new scaling tech known as sharding. Talking about Bitcoin, the slowness of the network and high transaction fees have led to the emergence of...
Bank of America, one of the world’s largest financial institutions, announced that the cryptocurrency is a threat to their business model. This report, submitted to the Securities and Exchange Commission (SEC) dated February 22, where cryptocurrency was listed for the first time. In order to adapt to evolving industry...
Soon after the launch of Petro in Venezuela, a Turkish official has come forwarded to create a national cryptocurrency for Turkey, called “Turkcoin“. According to a report by the Al-Monitor news agency Ahmet Kenan Tanrikulu, Deputy Chairman of the Nationalist Movement Party (MHP), has proposed for a Turkcoin in a...
The Japanese police agency said it received 669 reports of suspected money laundering using cryptocurrency. They have been since eight months to 2017. According to Japan’s Nikkei Asia Review , the country’s National Police Agency (NPA) released a report on Thursday. It indicating that cases were reported from April...
