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 South Korean cryptocurrency exchange Coinrail lost 30 percent of its own crypto assets in the cyber attack. To secure the rest they moved the remaining 70 percent of its assets to cold storage vaults. They are also conducting the appropriate investigations to the attack suffered by the platform on...
Famed cryptocurrency exchange house from South Korea, Upbit has rewarded six people for reporting illegal crypto related schemes. The bounty hunting program discovered ten different valid cases and among which six were chosen for reward money. This certainly is a proven way to identify illegal scams related to cryptocurrencies. The...
In a recent report, popular financial firm Wells Fargo has declined cryptocurrency purchases on its credit cards. This comes as shocking news to crypto lovers as they can no longer make the bitcoin transaction using credit/ debit cards issued by them. The main reason behind the firm’s decision to...
Binance, one among the largest cryptocurrency exchange platforms in the world because of its quantity of trades. The Exchange will now allow its users to convert digital tokens into fiat currencies like the euro. The business now has 9 million customers in comparison to over two million enrolled at the...
Fidelity is one of the largest providers of 401K plans. In addition to that, it provides a wide variety of different investment services as well. It had launched a cryptocurrency fund in the year 2017. The main aim of launching this fund was to explore the cryptocurrency space. Also, the...
It seems like the legal trouble for Ripple Inc. Keep on increasing. The company is now facing a class action lawsuit. According to the lawsuit, Ripple is actually a security for the California state law. Another investor recently sued ripple stating that it is a security in spite of claiming...
