Reading Time: 2 minutesCardano’s lead development firm, IOHK, announced that it established a new research center through a donation of $500,000 to UW (University of Wyoming). The donation was done in the ADA cryptocurrency and is aimed to promote the academic approach of the company towards blockchain engineering and development. In this new center there will be a … Read more
Reading Time: < 1 minuteForbes just released its top Fintech 50 list. It includes 6 blockchain companies that are listed as being among the very top financial technology firms listed. Under the official “Blockchain and Bitcoin” category, Forbes ended up listing Axoni, Coinbase, Chainalysis, MakerDao, Everledger and Ripple as being among the very top fintech companies in 2020. Some … Read more
Reading Time: 2 minutesIn China, there is a commercial ban on crypto and Bitcoin but mainstream financial media outlets still talk about Bitcoin. This might mean that the government is softening its stance on crypto. The authoritarian government of China could be softening the stance they have on crypto because President Xi Jinping actually came out and supported … Read more
Reading Time: 2 minutesIt is now official that the Bank of Korea thinks there is no reason for the generation of a CBDC (Central bank Digital Currency). Even if there are numerous cryptocurrency projects present in the country of South Korea, the central bank stands out as skeptical in regards to the CBDC. Although the official position is … Read more
Reading Time: < 1 minuteBlockchain gaming is stronger than ever, being an industry that is thriving. While most people think that retention rate is low, things are completely different. DappRadar just published a report showing that the entire blockchain gaming industry is now thriving. The most popular of the offerings available at the moment have a retention rate of … Read more
Reading Time: 2 minutesThe Line social network, which is the largest in Japan, just announced that it will launch a digital currency that will be called LINK. The currency should hit the market in April. It will practically be a token. In 2018 we saw Line making the first blockchain move as it announced that it wants to … Read more
Reading Time: 2 minutesIn a blog post, Kraken Security Labs showed that hardware wallets from Trezor, together with derivatives, can be hacked in order to extract the user’s private keys. It is highlighted that the procedure is difficult but according to Kraken, the procedure “requires just 15 minutes of physical access to the device.” In order to perform … Read more
Reading Time: 2 minutesBitcoin right now seems really promising when it comes to future evolution, with many specialists expecting the cryptocurrency to break the five figures mark. Even so, there is one factor that has to happen before investors and traders become confident in this new bullish trend. If Bitcoin does not end up faced with a price … Read more
Reading Time: 2 minutesReports show that the Iranian government issued over 1,000 cryptocurrency mining licenses since the industry started to be regulated. This led to the creation of several mining farms in Iran. The smaller investors are kept away because of higher electricity tariffs. Amir Hossein Saeedi Naeini, An ICT Guild Organization official, talked about the cryptocurrency mining … Read more
Reading Time: 2 minutesPeople from all around the world worry about the Coronavirus, which infected thousands and caused 56 deaths in the country of China. There are concerns that this epidemic will reach all corners of the world, with confirmed cases appearing in the Americas and Europe. In order to help victims affected by the Coronavirus, Binance announced … Read more
Reading Time: 2 minutesHMRC, the tax agency in UK, recently announced it offers a bounty of $130,000 for the business/individual that can track crypto criminals and privacy coins. The news comes as the United Kingdom tries to clamp down on the tax evasion that happens through crypto. This is done through the establishment of a bounty program. The … Read more
Reading Time: < 1 minuteCardano (ADA) is backed by IOHK, a blockchain firm. Its CEO and co-founder, Charles Hoskinson, declared that his expectation is that Cardano is going to be faced with a hard fork, which should happen around the middle of February. The news came through a January 17 livestream. It was then that Hoskinson talked about his … Read more
Reading Time: 2 minutesThe US House Financial Services Committee thinks that Bitcoin and other cryptocurrencies are allowing domestic terrorists and Nazis to fund the activities that they have. The concern appeared during a hearing that discussed cryptocurrencies. Brad Sherman, California US Congressman, started the hearing by saying that the secrecy and security of cryptocurrencies allow the funding of … Read more
Reading Time: < 1 minuteAccording to The Bangkok Post, a lawyer specialized in human rights representing some victims of a Thailand supposed cryptocurrency pyramid scheme took the case to the DSI (Department of Special Investigation). Allegedly, 16 victims of the scheme lost around $2.5 million and want the case to be properly investigated. The DSI is separate from the … Read more
Reading Time: 2 minutesMark Cheng, Singaporean, was kidnapped in Thailand. He was then tortured in order to get a ransom to be paid in BTC. Kidnappers requested $740,000, according to South China Morning Post. Cheng reportedly transferred the funds he had access to, a total of $46,000. Then, he tried to escape and the kidnappers got ready to … Read more
Reading Time: 2 minutesUS District Judge Beth Bloom ruled that facts established in the past Craig Wright trial were disputed. This is just the latest of the numerous turns happening in the trial brought against Wright by Ira Kleiman, which is the brother of David Kleiman, Wright’s dead business partner. Ira Kleiman sues for 50% of 1.1 million … Read more
Reading Time: 2 minutesConvergence.tech, a Toronto-based tech startup recently finished testing a blockchain-based app that aims to help the Mongolian nomadic herders so they can both track and certify cashmere. We are talking about a supply chain project that was done with a partnership with the UNDP (United Nations Development Program). The system is powered by Backbone, the … Read more
Reading Time: < 1 minuteDark Reading issued a new report that is not at all pleasant about ransomware and how spread it currently is. While most people believe that ransomware attacks are going down, the truth is completely different. It is just that most attacks do not end up covered by the press. The report shows that there are … Read more
Reading Time: < 1 minuteAll throughout Australia, bushfires run rampant. So much money is necessary in order to stop the fires and even more will be needed in the future to repair the damage caused. It is great to see that the cryptocurrency community did not stay idle and is helping. This is where Binance’s recent announcement steps in. … Read more
Reading Time: 2 minutesTravelex, which is a foreign currency exchange business, was hacked. The attackers demanded a Bitcoin ransom worth $6 million. This is just one of the victims in a chain of countless ransomware attacks that look for payouts in crypto. A network breach happened and Travelex ended up going dark. Based on BBC reports, hackers launched … Read more
Reading Time: 2 minutesBinance’s CEO thinks that cryptocurrency technology is going to be a huge part of day-to-day life for people in the following 10 years. This does include UBER. The past 2 years in the cryptocurrency industry are often likened to what happened during the mid-nineties, which was before the internet ended up being mainstream. People back … Read more
Reading Time: 2 minutesBinance made the news again but this time because of its stablecoin since it was recently approved by the NYDFS (New York State Department of Financial Services). This is not small news since Binance is currently one of the largest cryptocurrency exchanges in the world when looking at trading volume. On January sixth, the cryptocurrency … Read more
Reading Time: 4 minutesSince 2020 just started, let’s look more at 2019 and how the cryptocurrency industry evolved. After talking about the biggest winners and losers, let’s discuss the largest price movements that happened last year. Cryptocurrency prices changed a lot in 2019. The year did start slow but most digital coins jumped in value during the very … Read more
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