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...
Venezuela has given India an offer of 30 % discount on crude oil purchases. But this discount is only valid if India uses “Petro”. Petro is Venezuela’s state-backed cryptocurrency. A lot of people think Petro is a safe cryptocurrency. Because Venezuela is the world’s largest oil producer with 300...
Yet another cryptocurrency exchange house has started in India with an initiation to offer a large number of crypto trading services. In a recent announcement, Koinex is offering 23 different crypto-to-crypto trading pairs with almost zero fees. The official site of exchange house stated earlier in last week that, “We...
Well, we have heard of countries around the world regulating the cryptocurrency law in the view to protect country’s economic condition. But the Philippines government has taken a step ahead to support 10 cryptocurrency exchange houses and blockchain companies. This decision taken is expected to boost country’s economy...
Revolut is a London-based startup on digital banking and crypto services. The company raised an investment of $250 million. The company is now valued at $1.7 billion. Services of Revolut Revolut launched in July 2015. Its services are : * Pre-Paid Debit cards (MasterCard or Visa). * fiat currency exchange. * cryptocurrency buying...
Trading Cryptocurrency in Cash is now risky in Moscow, Russia. Thus, Private Security Companies offer protection for crypto traders. This is due to the number of crimes taking place while dealing cryptocurrency in cash. Cryptocurrency not regulated in Russia As the cryptocurrencies are not regulated in Russia. The Police in...
In a recent report, a system glitch in South Korean cryptocurrency exchange leads to the withdrawal of 5 times more coins than requested by users. This event resulted in a lot of money being lost by the exchange house and have requested users to voluntarily return the money back. Hence...
