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...
Famed wallet provider – Blockchain.com is planning to launch a Stablecoin project by the end of 2019, the name of which is till unknown. The CEO of Blockchain, Peter Smith claims that this ‘move will shift the market by changing the way financial services are given to people.’ Smith further...
South Korean Cryptocurrency Exchange Komid has been caught Faking trade volumes. The firms executives have been sentenced for 3 years of jail time. According to Coindeskkorea, Komid crypto exchange had been using fake accounts since January 2018. These fake accounts are trading with each other by using trading bots and...
United Arab Emirates (UAE) with Saudi Arabia are working together to develop a new cryptocurrency. This will be used in Cross-border transactions and banks. According to Emirate News Agency, Executive Committee of the Saudi-Emirati Coordination Council meeting was held in Abu Dhabi the capital of UAE. Here over 16 members...
Wyoming, a state in United States has proposed a bill for classification of cryptocurrencies as stated on official state legislature site. The bill details distinguishes crypto assets under three categories namely – digital consumer assets, digital securities and virtual currencies. Importantly, the bill says virtual currencies are equivalent to fiat money...
A word of caution for all those who are regular on the popular torrent site – The PirateBay(TPB), as a new malware found on this site can steal cryptocurrency using an advanced form of phishing. Pirating sites are particularly prone to many malware and this is not the first instance...
If you are into the online publishing space, chances are that you have used or heard ‘WordPress’. Yes, the very same publishing platform is providing a plugin which is based on the blockchain tech. The news came into light when the WordPress team made an official announcement of rolling out...
