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...
Central Bank of Myanmar(CBM) has announced that they don’t recognize cryptocurrency as official currency. CBM warns the financial institutions do not accept or transact using cryptocurrency. According to mmtimes, Crypto traders in Myanmar have been purchasing cryptocurrency using an online payment method. This is growing as the crypto...
One of the largest crypto exchanges in India, Zebpay a Singapore-based company is expanding its services towards Australia. The exchange announced on Twitter, Australian users will be able to buy Bitcoin, Ripple, Bitcoin Cash, Ethereum and Litecoin using Australian fiat currency using Zebpay. But Zebpay had to shut down its...
The social media giant Facebook has revised its crypto related ad policy and has decided to allow crypto ads without requiring any prior approval to publish on its platform as reported on its official blog post. Earlier in Jan 2018, the company brought in a policy which allowed only a...
The financial services company – Paypal believes that it is not the right time to declare bitcoin as the future of payments. However, the firm is undertaking blockchain projects and “doesn’t want to miss out this opportunity” Undoubtedly, the advent of bitcoin has taken the entire world by storm. Particularly,...
The popular Chinese crypto exchange – Binance, suffers a major security breach by losing 7000 bitcoin or $40 million USD from its hot wallet as reported on the official site. The breach was discovered earlier on May 7, wherein hackers stole API keys, two-factor codes and other information in the attack....
Facebook is recruiting several financial firms to support its cryptocurrency payment service that is currently being developed. According to CNBC, The social media giant is taking the support of several financial firms and online merchants to launch its cryptocurrency based payment service. They are talks with Visa and MasterCard about...
