The United States government has announced a researcher and Blockchain Expert at the Ethereum Foundation has been arrested ostensibly for delivering “a presentation and technical advice on using cryptocurrency and blockchain technology to evade sanctions” against North Korea. They say Virgil Griffith delivered a presentation in North Korea titled “Blockchain and Peace,” with Brandon Cavanaugh, […]
Every four years or so, the reward for mining Bitcoin is halved. The next “Bitcoin halvening” is due next year; here’s how it’ll impact on Bitcoin’s price. The “Bitcoin halvening” is coming: in mid-May 2020, the supply of Bitcoins issued as mining rewards will be cut in half, again. Will the halvening cause a boom […]
According to a new report submitted by Cipher Trace, the cryptocurrency world is plagued with hacks and thievery, resulting in nearly $4.5 billion in stolen digital funds in 2019. Cipher Trace: The World of Thievery Is Growing This is slated to be the biggest year for cyberthieves yet, beating out 2018 by several billion dollars. […]
Huobi Russia, a Moscow-based franchise of the Singapore-based crypto exchange, has launched Russian ruble deposits and will soon have its own exchange token launchpad. Starting Thursday, users of Huobi Russia have an option to deposit Russian rubles on their balances via bank transfers, the exchange announced Thursday at an event in Moscow. The deposits will […]
Cryptocurrencies might finally go hand in hand with traditional money services. Starting from 2020, it might be legal for German banks to sell cryptocurrencies like Bitcoin and provide custody solutions, local media reports. Germany and German Banks Welcomes Cryptos with Open Arms Currently, financial institutions operating in Germany are not allowed to directly sell cryptocurrencies […]
Robinhood Crypto Exchange has had an about-turn on its plans to become a bank. Commission-free stock and cryptocurrency trading pioneer withdrew its application with the Office of the Comptroller of the Currency yesterday. Robinhood Crypto Exchange Pulls Bank Charter Application Valued at a staggering $7.6 billion, Robinhood ushered in a new era shaking up the […]
Facebook Libra cryptocurrency Testnet has reportedly already registered over 50,000 transactions since it was reset on September 17. According to a blog post published by Libra Association developer Michael Engle, the organization has been working on developing Facebook Libra Testnet by incentivizing community participation, simplifying how developers can work on Libra, and launching a Bug […]
Blockchain.com Crypto Lending Services is about to issue $120 million in loans in November alone. Crypto platform Blockchain.com on Thursday unveiled its crypto lending services which was brewing behind the curtains for months. The platform launched the new service in August for a handful of its clients and it is targeted only to the institutions. […]
Having established itself as one of the leading blockchain networks in the global space, Trust Wallet the renowned TRON network has added yet another feature to its credit to facilitate the customer base. As part of the collaboration, the two leading platforms will now allow the users to send and receive TRC20 Tokens, including WINK, […]
China Blockchain market booming with the support of top internet companies. China is known as the biggest hub for crypto mining and Bitcoin mining, with significant mining rig manufacturers belonging to China. In the past few months, the crypto and blockchain community has seen a sudden change of heart in China with the acceptance of […]
Coinbase Visa debit card has expanded support for five more cryptocurrencies in ten new jurisdictions, the firm announced in two separate tweets on Nov. 14. Launched in April 2019, Coinbase Card now supports a total of nine cryptocurrencies in 29 countries in Europe. The Coinbase new supported cryptos include XRP, Stellar (XLM), Basic Attention Token […]
Swiss Stock Exchange SIX has listed a new cryptocurrency-based exchange-traded product (ETP), the Amun Tezos ETP, which rewards investors with generated income. The Tezos ETP is trading under the AXTZ ticker on the SIX Swiss Stock Exchange, and rewards investors thanks to Tezos’ proof-of-stake nature, which gives holders rewards for staking – “baking” in the […]
Bitcoin vs DeFi – Decentralized finance, or DeFi, has come a long way this year. Bitcoin has also made a remarkable recovery from the depths of crypto winter this time a year ago. But which one would be better for long-term gains? BITCOIN vs DEFI For the uninitiated DeFi is the system of staking crypto […]
Crypto Adoption – Canada’s largest bank, The Royal Bank of Canada having over $965 billion in total assets could soon launch a crypto trading platform. Will RBC Soon offer Crypto Accounts? As per reports, by leading media, The Logic, RBC has applied for four patents in Canada and the US – a hint enough to […]
The increasing competition among, P2P Lending platforms, stablecoins, derivatives, and cross-chain CDPs indicates a new era in fintech innovation. Decentralized finance’s (DeFi) meteoric rise has been accompanied by a slew of advances in financial technology, sparking a wave of P2P lending protocols and liquidity pools. The increasing competition of borrowing/lending, stablecoins, derivatives, and even cross-chain […]
Hong Kong is stepping up its efforts to formally regulate Crypto Exchange Licensing in the city. The Securities and Futures Commission (SFC) just released a newly drafted regulatory framework, which allows the securities watchdog to issue Crypto Exchange Licensing to crypto trading platforms. Could this be a game-changer for the crypto industry? As a leading […]
In this week’s selected Japan Crypto News November 2-9 – and blockchain-related news from Japan Crypto News, the Japanese financial regulator solidifies its policy of banning trusts that invest in crypto, more than 20 companies launch a consortium that aims to raise funds with security tokens, and Coincheck starts its automated cryptocurrency accumulation service, while […]
Huobi Cloud, part of the crypto exchange Huobi Group, has announced its plan to provide more local financial institutions with white-label exchange services based on cloud technology in the Middle East and Africa. Existing institutions include the Nigeria-based Sabi exchange, with about $100,000 worth of daily crypto trading volume, and the South African exchange HIZA, […]
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