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...
Most of the countries are focusing on stricter regulations in the cryptocurrency area. As we have seen several recent news related to cryptocurrency regulation. Recently The European Parliament declared to enforce stricter regulations on cryptocurrency sector. They also said that Cryptocurrency exchanges and wallets must include customer identity verification. As...
Bithumb, Cryptocurrency exchange of South Korea is now planning to issue its own token called, ‘Bithumb Coin’. Recently we could see that Binance a Crypto exchange also did the same earlier this year and released their own token ‘Binance Coin’. Is Bithumb following the same strategy? According to TokenPost, Bithumb...
Famed space agency NASA along with the University of Akron has started a research program based on Ethereum Blockchain technology to automate the maneuvers of spacecraft while avoiding space debris. The idea behind the leveraging blockchain technology is to create safe and secure space communication for the deep space probes...
Bitcoin miners are afraid that they might be at a risk of becoming unprofitable. Miners are the one that makes complex calculations to generate cryptocurrency. We saw yesterday that Bitcoin defends the price level of $ 8000. If the price of Bitcoin drops below the threshold again for a long period,...
Austin city is planning to start a project to solve identity crisis for homeless people backed by Blockchain technology. This activity is selected as part of Mayor’s Challenge problem and Austin being one among the chosen 35 cities. The entire project is funded by Bloomberg Philanthropies Organization and the...
Bitcoin, as well as other cryptocurrencies, have been on a recovery path. As a result, most of the cryptocurrencies are bouncing back from the lows created just the weeks back. Same is the case with Bitcoin. It has hit an level of even $ 8700 in the recent bounce back. However,...
