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...
What is an Airdrop? The term shouldn’t be confused with the army definition . In the world of cryptocurrencies, an airdrop has a unique meaning. An Airdrop is a process in which developers of a project (often ICOs) give their very own token to crypto users. Airdrops could be seen...
The Financial Services Agency of Japan temporarily suspended the trading activities of 2 cryptocurrency exchanges. It also sent a notice to another cryptocurrency exchange. Ever since the hack of $ 534 million from a Japanese cryptocurrency exchange, the regulators in Japan have become much more alert to the risks revolving around...
The Bank of Japan is in favor of utilizing cryptocurrencies. The social factor shouldn’t be underestimated. Low-cost transactions are possible that can make people’s lives extra comfortable. Nevertheless, the state must implement regulations, in order that the positive aspects permanently exceed. At the end of March, the Bank...
Éclair wallet, the app launched by ACINQ is the 1st android application which uses the Bitcoin lightning network. Ever since the announcement of the launch of Bitcoin lightning network, users were eager to experience it. However, apart from the cryptocurrency exchanges, there was hardly any way in which users could...
More and more people are falling for cryptocurrency scams. The problem is that since most of the retail investors are not aware of the precautions which they need to take, they often fall for such scams. This also results in a lot of problems as they can lose their entire...
In a recent report, the Bank of Montreal(BMO) of Canada has decided to tighten its security against cryptocurrency trading and will not entertain any sort of transactions made using Interac debit card for the purchase of cryptocurrency. This news was leaked when an email interaction of spokesperson from a...
