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...
It is a fact that a bullish trend in cryptocurrencies is also benefiting the hardware manufacturers. Cryptocurrency mining is becoming more and more mainstream. All over the world, there are corporates who are investing heavily in cryptocurrency mining. At the same point in time, this is benefiting the cryptocurrency hardware...
It seems like Ripple is gaining more and more prominence and gaining a loyal community which is leaving no stone unturned to make the cryptocurrency popular. Recently, in Manhattan, XRP community celebrated an evening to mark the expanding presence of XRP. Snoop Dogg also performed at the gathering. At the...
PayPal is one of the leading payment platforms. The firm enabled merchants to accept cryptocurrencies through Papal. But the one problem which the firm is facing with cryptocurrency is “volatility”. PayPal CFO John Rainey told CNBC, that the issue is volatility of the cryptocurrency. The merchants feared the price fluctuations...
Canaan Inc is the 2nd largest manufacturer of Bitcoin mining hardware. Owing to the significant demand for Bitcoin mining hardware, the sales of this company have increased significantly. Recently, the company filed for IPO application in Hong Kong stock exchange. The advisers to the IPO are Morgan Stanley, CMB International...
Aditya Birla group which is one of the largest conglomerates in India was targeted by hackers in order to mine cryptocurrency. This is the 1st such cryptojacking attempt by hackers in India. Over 2000 different computers of the company were used for mining cryptocurrency. The computers were used without proper...
The regulatory framework globally pertaining to cryptocurrencies is not that strong. That is why Japanese authorities are finding it difficult to curb money laundering with the help of cryptocurrency networks. Mainichi Shimbun recently confirmed that in a single case, ¥ 30 billion was transferred through various cryptocurrency transactions in 2016 alone....
