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...
Last week the Finance Minister of Poland announced that the income from the cryptocurrency needs to follow income Tax rules. The Finance minister then published an information which consisted the country’s tax code. The information consists of two types of tax brackets 18% and 32% which was disturbing for...
Each and every day there are so many people talking, trading, working on cryptocurrency. This has become a trend and the younger generation students want to learn about cryptocurrency, bitcoin and blockchain technology. According to bitcoin.com the top-ranked business schools in the United States that are planning to add...
CEO Steve Long, president, and CEO of Hancock Regional Hospital was forced into paying bitcoin to hackers. It was in the month of January this year. Long was notified that his computer systems were hacked and encrypted through ransomware planted by an anonymous criminal group. As reported by CNBC this...
The Canadian company MX Gold Corp has been changing their business model to cryptocurrency mining for several months. As an alternative to gold mining in the past, since January of this year, they have now been mining twelve additional Bitcoin in a project. However, that was obviously only the beginning....
In a recent report, the Central Bank of India(known as RBI) has proposed to issue its own Cryptocurrency. The announcement was made during Monetary Policy Committee meeting on Thursday wherein RBI showed interest in launching its digital currency which can be used as a physical currency. In the view...
The Financial Conduct Authority (FCA), the regulatory body of the UK, declared on April 6 that the products derived from cryptocurrencies might be regulated in the country as a part of the market for financial instruments II. As a consequence of this declaration, the businesses that carry out activities with...
