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...
Blockchain technology is gaining more and more attention from people all over the world. As cryptocurrencies become more popular, the demand for blockchain technology is also increasing. Also, it has been made clear that the applications of blockchain technology are much more as compared to just the cryptocurrencies. That is...
The so-called Mining giant in Crypto industry Bitmain has recently made an announcement about its investment in building Blockchain Datacenter in Texas. As per reports, the investments costs around $500 Million USD for over 7 years time. This investment represents a key factor for the company as it would help...
Goldman Sachs has been able to remain away from the cryptocurrencies up until now. Even though it has invested in some of the start-ups related to cryptocurrencies but as a company, it has remained away from Bitcoin as well as other cryptocurrencies. However, that seems to be changing now. It...
Researchers from one of the universities in China recently claimed that they have been able to create a blockchain-based electricity exchange. The blockchain-based electricity exchange will specifically cater to the power which has been unused. They have also filed a patent in this regard. Also, they allow the sellers to...
In the light of recent developments in the Indian crypto space, the government is planning to roll out cryptocurrency for the nation. Very obviously this would help government bodies to regulate the virtual currency in a more better manner and with reduced transaction time for processing. As per sources available...
As per recent the report published by Bank of Thailand(BoT), all the local banks can now proceed with cryptocurrencies dealing. This involves issuing digital tokens, crypto brokerage services, invest in cryptocurrencies through subsidiaries. Although the Bank of Thailand(BoT) has regulated cryptocurrency usage on a broader spectrum, all the...
