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...
Recently, there is a lot of discussion on whether Bitcoin consumes a significant amount of energy. According to a researcher by the name of Katrina Kelly-Pitou, the electricity consumption by the banks is twice that of Bitcoin. This clearly indicates that Bitcoin is not consuming a significant amount of electricity....
Famed Chip Manufacturing giant Nvidia has apparently made an official announcement to back out from the crypto-mining industry altogether. Only when the company was hoping to make an impact on crypto-space, the news of its quitting popped up. As per statements from Nvidia CFO, Colette Kress, the revenue decline was...
Recently, Kaspersky Lab announced that North Korea was behind the hacking of a cryptocurrency exchange. It used Windows as well as Mac OS for the first time. According to the company, the malware goes by the name of AppleJeus. The malware was incorporated into the systems of the cryptocurrency exchange...
Shanghai Securities Times, which is a spokesman of the official financial authorities of China, recently stated that the government is actually taking steps in order to ban more than 100 different overseas cryptocurrency exchanges. The overseas IP addresses of these cryptocurrency exchanges will be banned. Currently, they are available in...
According to a statement released by the National Research Council of Canada, an Ethereum blockchain explorer has been built by them. The blockchain explorer was built under the industrial research assistance program. The organization further stated that it is building for executing the applications in the near future. The organization...
Recently, Bank of Thailand launched the Project Inthanon. While not a lot of details are available about this project but it is rumored to be on the Central bank digital currency lines. This clearly indicates that Thailand might actually be planning to launch the Central bank of cryptocurrency. The bank...
