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...
Passionate about bicycle riding? Then Toba, an electric bicycle from 50cycles company has a unique way of benefitting you with health and as well as reward money from Crypto mining. 50cycles, UK based company has revealed first of its kind, which can be used as crypto mining electric bikes. The...
Tether is a cryptocurrency which is backed against the US dollar. Recently, it was found that tether might have been used to manipulate the price of Bitcoin. This research report was released by the University of Texas. According to professor John Griffin and doctoral student Amin Shams co-authors of the...
In an interesting turn, crypto traders in India have got an option to continue with cryptocurrency investment even after the ban imposed by the RBI. Recently we heard of Reserve Bank of India(RBI) prohibiting banks from providing any accounts to crypto investors. Furthermore, investors also approached the government for...
The size of the informal economy in Kenya is R265 billion. Up until now, it is not covered by any formal banking or financial channels. The banks in Kenya are not able to provide banking facilities to its individuals A good example is Jennifer Wacheke. She is a vegetable seller...
Stellar Lumens cryptocurrency has apparently got approval from New York state financial regulators to trade on the itBit exchange. The good news for Stellar is not just getting listed in itBit exchange but also, the first cryptocurrency to get banking law charter granted from New York’s Department of Financial...
It seems like Ethereum will let the wallet owner take advantage of the loopholes in Ethereum security. Recently, Ethereum wallet owner discovered that he was able to steal Ether from the users. Currently, he has stolen $ 19 million in nature. This is with the help of misconfigured Ethereum apps. The...
