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...
Criminal Hackers prefer Cryptojacking over Ransomware because it’s an efficient money-making scheme. An IBM researcher discovered Cryptojacking as one of the major cyber-attacks in 2018. According to report by IBM, Their X-Force Red Research team monitored millions of spam and phishing attacks daily and checked webpages and images to...
Ever since the news of Facebook’s secretive blockchain project has surfaced, the team has made huge progress in creating dollar pegged stablecoin. Now, the social media giant is reportedly in discussion with crypto exchanges to list tokens on their platforms. As reported in the New York Times(NYT), Facebook...
Recently on Wednesday, the Russian government received an order from the president Vladimir Putin to bring in federal law on cryptocurrency by July of this year. As per new instructions passed by Putin, there are total 47 orders to be passed. Specifically, the Russia has shown keen interest in considering...
A Businessman based in New York started payment services consist of wire fraud and fake transactions. The United States Department of Justice charged him for selling and marketing fraudulent Cryptocurrency. According to the Department of Justice, Randall Crater founded My Big Coin Pay Inc. (My Big Coin) a company to...
In an recent interview with Yahoo Finance, the Reddit co-founder made bold statement that the much discussed hype around cryptocurrency is all gone now but that’s a good sign for overall industry. Alexis Ohanian aka the co-founder of social media platform Reddit expressed his views about the current situation...
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...
