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 instances of money laundering using cryptocurrencies are increasing day by day. Due to this issue, the authorities are now providing cryptocurrency training to the London police. This move is a 1stof its kind. With the police becoming more and more aware of cryptocurrencies and the criminal activities which can...
In a recent event held in Silicon capital of India Bangalore, the founder of ConsenSys and co-founder of Ethereum, Joseph Lubin quoted that, ‘India will eventually accept cryptocurrency‘. The event was organized by the company ConsenSys where Lubin spoke about improvements happening in Indian crypto space. He went on to...
The Reserve Bank of India (RBI) has completely withdrawn the banking facilities to the cryptocurrency exchanges. As a result, most of the cryptocurrency exchanges are not able to operate in the country. Recently, the reserve bank of India told the Supreme Court that they are regulating the cryptocurrency markets to...
Samsung the electronics giant company has started accepting cryptocurrencies improvement in three Baltic countries. The countries in which cryptocurrencies are accepted by Samsung as payments include Latvia, Estonia, Lithuania. CopPay the technology platform for payment gateway was the first one to report that Samsung has started accepting cryptocurrencies like Bitcoin,...
The United States is one of the favorite destinations for the Chinese millionaires who have earned a great deal of money with the help of cryptocurrencies. One such millionaire by the name of Guo Hongcai just bought a 1,00,000 ft.² mansion in Los Gator. He was one of...
Monetary Authority in Hong Kong is working along with major banks in order to launch a platform which will digitize the entire trading system. As a result, the finance system will be digitized as well. Moreover, a lot of activities will be automated as well. This platform will be based...
