Coinbase CEO Brian Armstrong spilled out his thoughts about the Blockchain and Crypto industry in a blog post. As per his estimation, 1 billion users will join blockchain by the end of decade as more and more use cases are being invented. As we write, blockchain is already implemented in Financial sector with many firms...Read More
The Malta-based, Binance exchange makes the best efforts to choose high-quality coins and improve user trading experience. In a bid to improve liquidity further, the Binance exchange has decided to remove USDC trading pairs that are not widely used. A blog post announced this delisting. The pairs to be delisted are ALGO/USDC, FTM/USDC, ONT/USDC, XLM/USDC, USDS/USDC....Read More
The calendar turned a new leaf, yet Facebook proposed Libra cryptocurrency is not out of the scrutiny. Libra continues to receive negative responses, this time from German Central Bank’s President Jens Weidmann. The Bundesbank President “wants to slow down the Facebook proposed crypto through regulations” claims a local report. As per the report, Weidmann believes...Read More
Ethereum’s latest hard fork has proven beneficial for the network. As Muir Glacier upgrade completes, network statistics are generated. As per this statistics report, ETH Block mining time has reduced by 25% to only 12 seconds from 17sec. Muir Glacier hard fork had another important update for delaying the impending IceAge. As a result, the...Read More
The US Subsidiary of Binance has become a member of the Executive Committee of the Chamber of Digital Commerce. The aim of this incorporation is to work closely with policymakers, regulatory agencies, and industry peers. Further, the exchange claims to bring education, advocacy, and industry-wide regulatory development forward with the Chamber. Binance US is part...Read More
Burger King, an American multinational chain of hamburger fast food restaurants is now accepting cryptocurrencies as a mode of payment. Earlier, the fast-food chain had its own crypto known as Whoppercoin. However, now customers can pay with popular cryptocurrencies including Bitcoin, Ethereum, Litecoin, Dash, Binance Coin, Ethereum and Stablecoin Tether. As of now, Venezuela branches...Read More
Bloomberg, the mainstream media interviewed Antoni Trenchev, CEO of NexoFinance about Bitcoin’s journey in the last decade. Trenchev poured out his views on how Bitcoin has fared and 9000000% increase since 2010. According to Nexo CEO, Bitcoin is an “incredible asset” uncorrelated to the overall market. He further compared BTC to gold asset & claimed...Read More
Cryptocurrency miner Argo Blockchain has announced that it is installing new 3,616 Bitmain machines to increase its mining capacity by 75%. The team took to Twitter to announce that the company has already taken delivery of 3616 Bitmain Antminer T17s machines. However, more 6384 T17s machines are on its way till January end. The new...Read More
Binance enters the Year 2020 with a new feather in its hat. The malta-based exchange on Jan 3, 2020, added Euro trading pairs to the platform. The trading pairs are BTC/EUR, ETH/EUR, BNB/EUR, XRP/EUR, EUR/BUSD, and EUR/USDT. Binance also has plans to support 180+ fiat currencies in 2020. In a New Year welcoming blog post,...Read More
OKEx Exchange native token $OKB has been listed on the leading cryptocurrency payment technology payment provider, Alchemy Global Payment Solutions. Alchemy payment solutions provide hybrid fiat and crypto payment systems. The payment solution provider now makes OKB available for offline payments. OKEx team got onto Twitter to announce this latest development of the token. The...Read More
Ethereum network has successfully completed its latest hard fork, although no official announcement is made. Muir Glacier activated on 2nd Jan 2020 at Block number 9,200,000. This hard fork brings in EIP 2384 improvement proposal. The upgrade will delay the difficulty bomb (known as “ice age”) that was increasing the average mining block time. Further,...Read More
Binance, the Malta-based cryptocurrency exchange, is gaining a major fan following in the Thailand region. The exchange founder Changpeng Zhao took to Twitter to announce the news. The tweet says that Binance is ranked 7th on Google Thailand Top Ten Searched 2019. Among general topics like tasting, shopping, use; election results 2019, etc, the search...Read More
The South Korea Ministry of Economy and Finance confirmed that the Profits from individual virtual asset transactions are not a listed income. Furthermore, they are not taxable under the current tax law. South Korean Government is keen to study the crypto regulation approaches of major countries of crypto taxation. An official of the ministry said...Read More
Bitcoin Cash is expected to see some crucial developments in the near future. The upgrades are considered to be the largest privacy improvement on the BCH Network. One of them is the CashFusion protocol. As per a Reddit announcement, this protocol will add an extra layer of privacy on top of the user’s BCH-based network...Read More
Two JP Morgan leads Stuart Popejoy and Will Martino founded the Kadena blockchain project in 2016. After 3 years of rigorous development, the hybrid blockchain project will see the daylight on January 15, 2020. Moreover, Kadena will bridge the gap between private and public blockchain claims the announcement. The project can process 750 transactions per...Read More
TRON Foundation bagged the “Most Innovative Blockchain 2019” award at the Jinse Finance’s “Keeping Pace with the Time” Award Ceremony. The award ceremony hosted on Dec 27, 2019, featured more than 100 blockchain enterprises, 300 influencers and many more. TRON, China’s No 1 blockchain, was awarded the title looking at the growth graph the foundation...Read More
Despite harsh crypto industry returns in the last Crypto Winter, Israeli Blockchain companies have increased by 32% in the 2019 calendar year. As of December 2019, the no. of blockchain companies increased to 150 instead of 138 in 2018. This is according to a survey by the Israeli Bitcoin Association. The survey further shows that...Read More
US Subsidiary of Binance had earlier opened Beta testing for mainly developers to test the iOS apps. The latest update regarding this testing is that the exchange will release the apps to the general public for testing. The exchange with assistance from TestFlight has set up a testing environment easily accessible to any user. The...Read More
Swiss president has strong views of the Facebook developed cryptocurrency, Libra. Ueli Maurer, Switzerland’s finance minister, and outgoing president commented on the Libra calling it as a Failed Project. According to him, “I don’t think (It has a chance in its current form), because central banks will not accept the basket of currencies underpinning it.”...Read More
The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has set their eyes on blockchain implementation for businesses. They are in plans to start guidance for companies to inculcate blockchain knowledge and in turn develop the technology. “The guidance is aimed at executives in financial services & companies using blockchain technology in their supply...Read More
Poloniex exchange, on Sunday, has announced to roll out the lowest fees for traders on its platform. Coming Jan 8, 2020; exchange introduces a new fee schedule wherein spot and margin trading fees are reduced. TRX hodlers have added benefits to this exchange. The platform has also started Poloniex Plus and Poloniex Market Maker to...Read More
The Indonesian subsidiary of the Huobi Global cryptocurrency exchange announced the launch of its fiat-to-crypto trading gateway for Indonesian customers. The Huobi clients can now trade between Indonesian Rupiah (IDR) and Tether (USDT). With this gateway, clients can buy USDT using IDR and trade more than 250 cryptos that the platform supports. Senior director of...Read More
As per an email to verified customers, the Bitfinex exchange has noted that it is increasing the KYC verification system. The email urges verified customers to produce their additional information including address proof. Moreover, Bitfinex also asks the user to share details on the source and use of funds. The details will be retained securely...Read More
Crypto in India is still yet to be adopted on a full scale. Yet, as well as based on DLT. The platform will ensure super-speed, efficient and easier transactions. NPCI ventured into the distributed ledger technology realm to create a payment system that allows for high-speed, super-secure transactions in India. Vajra Indian blockchain payment system...Read More
US Congressional Candidate Pete D’Abrosca is convinced that Bitcoin is a wise investment in 2020. He took to Twitter to claim to invest wisely in BTC coming 2020. Pete is hopeful to get elected from North Carolina’s 7th District. Pete isn’t the first to add Bitcoin or other crypto-related elements in their election propaganda. US...Read More
Poloniex, the U.S. based digital asset exchange has achieved a new milestone. The exchange is only one in the category of “Only Verified Top 50 Gainers” for the last 30 days of the Coin360 market analysis tool. Poloniex exchange has earned 58.04% in the last month making it only gainer as per the Coin360 market...Read More
Binance exchange has yet added a new feather in its cap. The Malta-based exchange has listed a new Fiat support to the exchange. The Binance customers can now buy cryptos using the Turkish Lira (TRY). The Binance exchange had recently added EUR, NGN, RUB and many fiat support. With the earlier announcement, the trading pairs...Read More
A blockchain tax return tool will soon become a reality. Thomson Reuters Tax & Accounting has collaborated with Verady to develop a tool to track crypto transactions. Once added to the GoSystem TaxRS, this blockchain tax tool will assist the government in the Tax return procedure. The tool will help streamline classification, organization, and accountancy...Read More
Justin Sun, Founder of TRON Community has applauded his developers in a series of tweets. He has elaborated on a new privacy feature added to the TRON Network. Though the security layer is not yet developed, the developers have added it to the TRON testnet. Justin terms it as “key to shielded transactions and layer-2...Read More
British Virgin Islands-based cryptocurrency exchange Bitfinex has announced that users can now buy cryptocurrencies using debit and credit cards. Third-party payment solutions provider Mercuryo and OWNR Wallet are aiding the crypto exchange to allow users to purchase using cards. As of now, card purchases allow Bitcoin, tether and ERC20 tokens. However, these features are allowed...Read More
