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...
Ripple announced today an agreement with the Saudi Arabian Monetary Authority (SAMA). As SAMA will support Ripple’s cross-border payment technology for banks in the Kingdom of Saudi Arabia (KSA). SAMA and Ripple have created a pilot program to support KSA banks to use the xCurrent. Ripple solution that enables...
In an unprecedented event, Russian scientists were allegedly found mining cryptocurrencies at Nuclear weapons Lab facility. Reports from BBC, says that Russian security officials have arrested a handful of atomic researchers for illegally mining Bitcoin using supercomputers. Statement from press reports says, There has been an unsanctioned attempt to use...
In an interview with CNN Money International Monetary Fund ( IMF ) Managing Director Christine Lagarde stated that cryptocurrency has many dark activity behind the scene, so the IMF tries to prevent their use for money laundering or terrorist financing. She said We are actively engaged in anti money laundering and countering...
Japanese banks plan to offer new ways to protect cryptocurrency investors by managing the digital assets of the exchanges . Financial institutions shall ensure the safety of customers’ capital, even in the event of bankruptcy of the exchanges. Traditionally, Japanese banks are involved in lending and savings, as well as conducting...
Popular mining industry Coinmint has received approval for 15000 kilowatts of hydroelectric power from New York Energy Authority. The company is currently operating in Plattsburgh for Bitcoin mining and expects the cryptocurrency market to grow worldwide and therefore seeks to expand its business to a second facility. As per the...
Since its start Blockchain has attracted a lot of technology enthusiast and NASA is no exception to it. The famed space agency has granted $330,000 to the scientist at University of Akron in order to explore the potential of Blockchain technology to advance space communications. The research is led...
