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...
One of the largest and popular financial institution UBS from Switzerland has declined to offer bitcoin or any other cryptocurrency trading to its customers. UBS chairman Axel Weber said in a speech at Basel Messe that, Cryptocurrencies are often not transparent and, therefore, open to being abused He added that...
A class action lawsuit against Ripple Labs was filed on Thursday. This was in the superior court of San Francisco, California. The lawsuit is for allegedly offering and selling unregistered securities. Ryan Coffey filed the lawsuit, on behalf of himself and of all the investors who bought Ripple tokens (XRP)...
As per reports published by Gartner 2018 CIO Survey, the overall percentage of Global Blockchain adoption is still very low.As of now major players in decentralized technology are financial services and insurance companies throughout the world. Among the other insights shared by Gartner, industries like transportation, government sector area...
Subsequent to the wave of regulations and the prohibition of ICOs in South Korea. A recent article published states a complete shift in the government’s decision to allow the launch of ICO’s. The representative of the democratic party, Hong Eui-rak, along with ten other legislators joined the movement....
A new and promising trend emerged in blockchain industry is the creation of decentralized applications(Dapps). Palm, an Ethereum based blockchain project is planning to provide a platform wherein developers can easily tokenize in-game purchases within video games. As per creator, Palm makes it very easy to integrate smart contracts...
Cryptocurrencies have become a huge part of everyone’s lives around the world, and they have been adopted by society in their masses. They have also gained the attention of cybercriminals who are always looking for a way to steal people’s cryptocurrency stash, and so we constantly need to...
