Tech News

Lending is still the leader, but new applications may change that in 2020. DeFi made its claim to fame with lending protocols that offer attractive yields. As these rates normalize, new age financial products could propel the space to greater heights. DeFi Stablecoins and Yield in a Volatile Year In the first six months of […]

According to a recent announcement by one of the world’s largest crypto exchanges, Binance, its USD-backed stablecoin was just approved by the New York State Department of Financial Services. One of the world’s largest crypto exchanges by trading volume, Binance, has been making headlines on a regular basis for the last three years. The exchange […]

Internet giant Baidu just launched its Xuperchain cryptocurrency. The release of Baidu’s cryptocurrency comes ahead of China’s upcoming digital Yuan. Baidu has just released its own cryptocurrency, called Xuperchain, according to local reports. The network is compliant within China and uses a series of master nodes to run the network—suggesting it isn’t decentralized. But, with […]

Ethereum wallet available as a Chrome browser extension has been found to be injecting malicious javascript code. ‘Shitcoin Wallet’ tries to scrape data from other open windows and send it to a remote server. MyEtherWallet And Binance Among Those Targeted The code was identified by security and anti-phishing expert, Harry Denley, who warned about the […]

The size, liquidity, and growth of crypto market are still in its infancy. Even all crypto-related activity is still minimal in comparison to traditional assets. Global Stock Markets Add More Than 3 Times the Total Value of Crypto Market Assets in a Week Global stock markets continued to rally in 2019, despite some fears of […]

After the DApp browser, MetaMask got removed from the Google Play Store, Apple followed suit and is forcing crypto exchange Coinbase to remove the DApp browser feature from its iOS app. While many saw this as blatant censorship and a danger to the crypto industry, it goes to show that the DApp market has gotten […]

Xianfeng Cheng (aka Mars Cheng), the chief technology officer (CTO) of Huobi Group, is departing the firm after four years. A Huobi Group spokesperson confirmed on Monday that Cheng is leaving in February 2020. Cheng joined Huobi Global in February 2016, according to his LinkedIn profile. Before joining Huobi, he held executive roles at the […]

Crypto exchange Poloniex has forced a password reset for all customers due to a leaked list of email addresses and passwords on Twitter. On Dec. 30, the exchange emailed its customers to inform them that a list of leaked email addresses and passwords could potentially be used to log in to Poloniex accounts. The exchange […]

China Securities Regulatory Commission (CSRC) received an application for listing an exchange-traded funds for blockchain-related stocks. Penghu Fund filed the application which CSRC has accepted. Shenzhen-based asset management firm Penghua Fund filed an application named Penghua Shenzhen Stocks Blockchain ETF to the financial watchdog of China CSRC, which was accepted on 24 December. The proposed […]

A new research paper provides what is perhaps the most informative series of snapshots simulating Lightning Network traffic over the past year. The paper, titled “A Cryptoeconomic Traffic Analysis of Bitcoin Lightning Network,” was written by a trio of Hungarian researchers: Ferenc Béres of the Institute for Computer Science and Control, István A. Seres of […]

Football fans will have the ability to buy tickets to Euro 2020 using Ethereum. All is possible thanks to UEFA, FIFA and AlphaWallet ( https://alphawallet.com/ ) efforts to enact the mass adoption. AlphaWallet is a tokenization firm providing companies with exclusive services of launching their coins. Boosted by the Ethereum network, AW allows users to […]

A security researcher was able to use a bug in the Twitter Android app to identify millions of Twitter users, connecting their phone numbers to their Twitter IDs. The exploit could expose failures in the company’s two-factor authentication system and give other security developers to pause. According to a TechCrunch report, the researcher, Ibrahim Balic, […]

2019 saw a number of large crypto exchange hacks, resulting in millions of dollars stolen per attack. Here are 5 of the biggest breaches in the last 12 months. While cryptocurrencies are well-known for increased security — mostly thanks to the decentralized nature of their underlying technology — the same cannot be said for crypto […]

According to recent reports, the Bank of Russia has started using a regulatory sandbox to test the performance of Russian Central Bank Stablecoin. Russian Central Bank Warming to Stablecoin Russia’s stance towards cryptocurrencies has always been questionable, with the country’s intentions and goals never being fully known to anyone. However, according to recent reports, it […]

Malta-based cryptocurrency exchange OKEx has launched Bitcoin (BTC) options trading for a select group of traders ahead of a public launch in January 2020. In a press release on Dec. 26, the exchange — currently ranked third-largest by daily trading volume globally — has indicated that the new contract will be settled daily in Bitcoin […]

Tokai Tokyo Financial Holdings announced to invest 500 million yen worth $4.6 million in the Japanese branch of cryptocurrency exchange Huobi. The financial holdings firm aims to promote new businesses in the areas of crypto exchange, IEOs, and crypto management and storage services. Tokai Tokyo Financial Holdings will acquire shares in Huobi exchange. According to […]

Bitcoin analyst Benjamin Cowen predicts crypto total market cap reaching $11 trillion in 2023. Cowen uses logarithmic regression to show how bitcoin price could reach $141K in the next several years. According to the analysis published on YouTube, Benjamin Cowen explained to viewers how crypto’s market cap is on pace to grow into the trillions […]

2019 was marked by numerous events in the crypto industry, some of which could be considered quite significant and major fails. With 2019 being only 6 days away from its conclusion, it might be interesting to take a look back on this year, and see which events related to the crypto industry may stand out. […]