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...
Amaravati is the new capital city which is being built in southern India. The land acquired by the government as well as the other work for the city is being done with the help of blockchain technology. As a result, the documentation is tamperproof. Moreover, blockchain is providing secure and...
The sheer volatility of Bitcoin price gives an impression to many that it’s good to treat it as an asset and invest in it. But billionaire investor Howard Mark is of view that ‘Bitcoin is not an investment but a trade’. Perhaps the very intention behind the creation of...
Brazilian federal police recently caught the members of drug smuggling operation. They were using Bitcoin in order to launder money globally. In total, 12 people were arrested. It is suspected that they had laundered more than $ 1 million to fund the drug trade in Asia, Africa as well as Europe....
Thales Group and Accenture are working on the blockchain-based tool which will track the aircraft supply chain. With the help of this blockchain-based tool, proper tracking of various components of the aircraft supply chain will be possible. As a result, it will help the defense industry as well as the...
World-renowned banking company Goldman Sachs made a recent announcement about its upcoming CEO David Solomon, replacing Lloyd C. Blankfein who served his position from 2006 until now. Apparently, this decision came through with an intention to head the company’s investment and development sector towards the decentralized driven environment. Although...
Revolut recently reported that there might have been money laundering activities on its platform. As a result, the law enforcement agencies in the United Kingdom are trying to detect them. According to a spokesperson of the bank, a few transactions have been flagged off. The financial conduct authority, as well...
