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...
Coinbase provides support for PayPal withdrawal option for European Customers. According to their blog post, Last year they had provided Paypal withdrawal option for U.S Customers. Now they bring this feature for the European Customers. Before Paypal option, European Customers had only two modes of withdrawal SEPA and UK...
The famed racing car constructors company, Red Bull recently announced its deal with cryptocurrency firm – FuturoCoin. This partnership is first of its kind for Formula 1 racing company to get sponsorship from cryptocurrency tech firm Notably, there are other players in the racing arena who have embraced blockchain tech. If...
A Gold-based Cryptocurrency “PayMon” has been launched in Iran by four Iranian banks. As per the report of Financial Tribune, Four Iranian banks have joined together and launched a cryptocurrency called “PayMon”. Bank Melli Iran, Bank Mellat, Parsian Bank and Bank Pasargad are working with startup Kuknos firm for the...
Social media giant Facebook has reportedly acquired a London based crypto startup called Chainspace. Thus expanding its blockchain division and research on cryptocurrency. With the recent surge in blockchain startups, multimillionaire companies have also shown their interest in exploring blockchain tech. The acquisition of this crypto startup its clear indication...
Bitfury is planning to Open Bitcoin Mining Centre by a partnering with Commons Foundation in Paraguay. As per the Press release report, Bitfury announced their partnership with a Korean R&D company Commons Foundation. And together they would launch the Bitcoin Mining Centre in Paraguay. In this Mining centre, they...
US State Wyoming has accepted cryptocurrency as money by passing the bill to allow the virtual currency to be recognized as money on January 31st. According to the state legislature website, Cryptocurrency is now classified digital assets within existing laws. And the assets are property within the uniform commercial code....
