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 51% attack as it is known, is becoming more and more common. Verge, Bitcoin Gold as well as other cryptocurrencies are getting hit by the same attack as well. As a result, double spending is becoming even more uncommon. The latest currency which faced this problem was Bitcoin Gold....
We have heard a lot about ICO scams lately, but a new research on ICO from Boston College Carroll School of Management says that – investors are in a prominently profitable state. As per research paper, for around 4,003 ICO’s under investigation generated capital of total $12 billion. Furthermore,...
Cryptocurrency mining companies are expanding at a rapid pace. It is being done at the institutional level. This is the reason why many towns are also trying to attract the cryptocurrency mining companies. It will help in the generation of employment. Moreover, there will be extensive electricity utilization. As a...
It seems like medical professionals have finally recognized that people are getting addicted to cryptocurrencies. As a result, in a first, rehab center in Scotland is actually offering rehab courses to people who are suffering from cryptocurrency addiction. The name of the hospital is Castle Craig Hospital. It is located...
Caracas has been gripped by the cryptocurrency fever. Almost in each and every home, you will find a cryptocurrency mining rig. The cities are consistently mining cryptocurrencies. Individuals are buying the rigs and running them at their home. Currently, the profit margin is just around $ 6 per day. Even unemployed...
A district court in the city of Chandigarh, India arrested 2 individuals on charges of defrauding the businessman with US$ 1.5 billion. They had lured him with the scheme of cryptocurrency investing. The criminals were produced in the District Court which sent them into custody for 3 days. However,...
