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 Australian Tax Office(ATO) has launched a data matching program where they use third-party data related to cryptocurrency to improve the integrity of the tax system. According to Australian Financial Review, ATO’s new program will assist them to catch crypto investors who have failed to pay taxes. Currently,...
Microsoft Outlook, Hotmail and MSN email accounts have been hacked to loot cryptocurrency from the users. According to Vice-motherboard, Microsoft email services have been breached and several victims claim that hackers have stolen their cryptocurrency. Now hackers have access also to the contents of the mail of outlook users. Thus...
One of the major players of the so-called Big Three Credit Rating Agencies – Moody’s Investor Services has warned the corporate industry of risks involved in private or centralized Blockchain. Amidst the rapid adoption of blockchain , the rating company highlights on the potential impact of this technology on structured finance...
Jaguar Land Rover a subsidiary of Tata Motors, an Indian Automotive manufacturer is providing its customers to earn crypto while they are driving. According to FinancialExpress, The Jaguar owners will be able to earn IOTA cryptocurrency while driving. This IOTA is given as a reward for sharing the traffic data....
The Chinese capital city Beijing is bringing the new age technology like Blockchain and AI to the courtrooms to settle the legal cases as reported on local media outlet – GlobalTimes Modern technologies are penetrating every corner of human life and justice department is not new to it. On the same...
IBM has announced that it will add blockchain technology to the customer services of Lenovo’s Data Centre. This blockchain-based solution will be deployed around 200 counties. According to the press release, Blockchain technology will be leveraged by Lenovo to monitor the details of software and hardware being used in...
