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...
A Teacher of Albeda College Rotterdam Vocational Training Center in the Netherlands was fired and fined by a court. As the teacher was encouraging his students to participate in pyramid schemes with cryptocurrencies, including OneCoin. This was confirmed on May 1 by a ruling of the Court of Rotterdam, which...
Often times we have heard about bitcoin being accused as a tool for illegal activities. But in a recent report, Government of Hong Kong says that Bitcoin is not associated with any crime related activities. As per Money Laundering and Terrorist Financing (ML/TF) Risk Assessment Report published by Hong...
According to information published by CryptoCoinSpy, the security firm Chengu LiaAn Technology Co. They claim to have found a “critical vulnerability” in the EOS smart contracts. The error detected by the security agency is very similar to “barchOverflow“. This had compromised the security of a significant number of ERC20 tokens....
On April 30, A lawsuit that Alibaba Group Holding, filed a case in the US District Court in Manhattan. where it accuses a Dubai-based company of using its trademark, was rejected. The court Permitted to conduct an initial offer of currency (ICO) under the name of “Alibabacoin”. Court Ruled in...
Financial Services Regulatory Authority (FSRA) in Abu Dhabi published a document today. A bill to regulate the trade in cryptocurrencies. This has been already been announced in mid of February. This announcement of the FSRA is released through the Abu Dhabi Global Market (ADGM). This ensures that this legal framework...
UNICEF Australia, an organization known for its humanitarian activities has launched a campaign through which it can utilize the supporters’ machine for mining crypto. With this intention, a ‘The Hope Page‘ is been set up. Through this website, the agency is harnessing CPU of visitors to mine the cryptocurrency, which...
