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...
The parent company of famed adult magazine, Playboy Enterprise has reportedly filed a case against cryptocurrency company Global Blockchain Technologies(GBT) on breach of contract and other allegations. As crypto revolution continues to accelerate, more and more companies are adopting cryptocurrency. But there are some cases wherein the accepting company...
Officials from the Saudi Arabia government have warned the citizen of the country that Bitcoin trading is illegal. The news came into light during a digital currency promotion in the nation. As per the statement published by the standing committee, the bitcoin trading or cryptocurrency, in general, is prohibited and...
The South Korean government has decided that it will be promoting blockchain training as part of the Forth Industrial Revolution. Blockchain technology has immense potential. This is one of the main reason why there are jobs being created in the blockchain space. The Ministry of science and ICT in South...
Intuit an Auditing company has been granted a patent for making Bitcoin payments through text message. This patent was reportedly filed on June 13, 2014, to US Patent Office. The following statement from patent outlines on how the Bitcoin transactions are achieved by text messages. “The method includes receiving, by...
It is a well-known fact in the cryptocurrency world that the Financial Services Agency of Japan is pretty proactive in enacting the cryptocurrency based regulations. Recently, the financial regulator of Japan completed the on-site inspection of 23 different cryptocurrency exchanges. Even though the agency found quite a few problems at...
David Marcus, Vice President of Messaging Products at Facebook has now quit from the Coinbase board of directors. Even after Coinbase being one of the largest Cryptocurrency Exchange in the Market He took the decision to quit it. Marcus Joined Coinbase Last Year Since 2017, Marcus had been working with...
