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...
Popular Taipei Fubon Commercial Bank in Taiwan has reportedly rolled out payment system based on Ethereum Blockchain which will be used in the retail sector. This is first of its kind in the country to successfully launch such a system as written by local media Taipei Times. As per reports,...
FedEx CEO says that blockchain is the next frontier for logistics. The blockchain is going to transform the logistics business. Nowadays most of the companies are acclimating to the blockchain technology. Like one we saw yesterday HSBC made its first trade transaction using blockchain. If any company that doesn’t...
In a recent news, Florida has confirmed to accept the taxes in the form of popular cryptocurrencies Bitcoin and Bitcoin Cash. As per statements published in an official government agency, Joel M Greenberg, the Seminole Country tax Office will leverage blockchain technology and provide an optimal and modern way of...
Today 14th May, HBSC makes its first trade blockchain transaction. This is a major step taken by banking sector to try the blockchain technology. According to the FT, The transaction was for Cargill a food and agricultural group. This was done by Dutch bank ING together with HSBC and it...
We hear a lot about Cryptocurrencies every day on the internet or from others. But when we get any information we carelessly accept it. But some of it might be untrue or misconceptions we have about cryptocurrency. So today i am going to list the 10 common misconceptions about cryptocurrency....
In the light of recent events, popular social media site Facebook has shown a lot of interest in crypto space. And yes Facebook is reportedly planning to launch its own cryptocurrency for its platform. Earlier this week we heard of the Facebook forming team to explore Blockchain. Now the company...
