The Financial Crimes Enforcement Network (FinCEN), in one of a kind move, has imposed the first financial penalty of $60 million on Larry Dean Harmon, the creator and operator of the popular bitcoin mixing tools Helix and Coin Ninja. Crypto mixing tools are used to morph the origin of a Read more…
A study conducted by the World Economic Forum (WEF) and Global Blockchain Business Council suggest that the decentralized space’s current efforts and practices need more reinforcements for a common standard across the world. The study called the Global Standards Mapping Initiative looked into different gaps, divergence, and overlap in the Read more…
World’s largest crypto exchange, Binance, has awarded grants to six DeFi projects worth approximately $350,000 from its recently launched $100 million accelerator fund. In a press statement shared with Bitcoin Exchange Guide, Binance revealed blockchain startups Proxima, AnySwap, PacakeSwap, Arkane Network, Bitquery, and BakerySwap had been awarded $350,000 as grants. Read more…
Zcash’s leading development team, Electric Coin Company (ECC), will now be a wholly-owned property of the Bootstrap Project, a new non-profit company. The owners of Zerocoin Electric Coin Company LLC agreed to donate the whole ECC project to Bootstrap in preparation for the upcoming Zcash (ZEC) blockchain network upgrade, Canopy, Read more…
BMW, the German carmaker, has announced the launch of its blockchain-based reward app for its Korean market. The new reward program would reward the users for their purchases, redeemed for various discounts. The carmaker also revealed that the program could be launched globally based on the Korean market’s feedback. The Read more…
Bitnomial, a Bitcoin derivatives exchange marketplace, has raised $11.6 million from investors, led by Electric Capital per the official filing dated October 5th. The filing also revealed the firm completed its first sale on September 18 and saw contributions raised from 13 investors. The exchange is one of the small Read more…
Brave, the privacy-centric decentralized web browser, is now available on Tor, a popular browser used to access the dark web. This association would allow people to access Brave pages via the dark web. While the dark web is popularly known as a place used for procuring illegal items, bitcoin also Read more…
The high correlation between Bitcoin and Gold’s trend in the past few weeks could mean a major price fall for BTC as prominent investor Clem Chambers warns imminent crash across all stock markets including Gold. The CEO of the London-based stock exchange platform ADVFN, Clem Chambers, proclaimed that there are Read more…
The chairperson of the Cardano Foundation, Nathan Kaiser, has revealed what to expect next from the Cardano blockchain protocol after the release of Shelley mainnet which went live recently. During the Crypto AM session of the CityAM news platform, anchored by journalist James Bowater, Nathan was engaged in a series Read more…
One of Ripple Labs Inc.’s strongest partners, ACI Worldwide, with over $14 Trillion daily transactions in payment and security services, is partnering MasterCard. The two financial institutions will start collaborating to give central banks rare and industry-leading technology and expertise purposely to expedite real-time payment networks across the globe. ACI Read more…
A blockchain-based market place that ensures verification and authenticity of products listed on its platform has welcomed age-long Jamaican coffee brand ‘Jamaica Blue Mountain Coffee’ on its platform for listing, and its authenticity is to be verified on VeChainThor Blockchain. Real Item, which went live in February, made the official Read more…
Lark Davis, a Bitcoin maximalist and crypto giant fanatic in general, has recently revealed in his opinion that the upcoming event in the crypto market has the tendency to spawn a whooping upsurge of about 10,000% or 100x growth in some certain assets. According to Davis, the crypto space is Read more…
The Blockchain Association, a crypto advocacy group, on Tuesday, expanded its board by adding Kraken, The Stellar foundation, and 0x as board members. Looking at the latest additions, it seems the focus of expansion was towards decentralized finance (DeFi), which is currently the hot cake of crypto space. The other Read more…
American venture capital investor Tim Draper in a recent statement mentioned the few cryptocurrencies which he has investments in, stating that he is a believer in digital assets like XRP, Tezos, Aragon, and a host of other cryptocurrencies. Tim Draper made the assertion during a crypto investor conference staged by Read more…
A new DeFi Platform, Harvest, built on Kava blockchain, has said at the end of the year, it will introduce services that will give users the privilege to earn more profit on BTC, XRP and a host of many other cryptocurrencies. Harvest world’s leading cross-chain coinage market is a Read more…
The creator of Cardano who also doubles as the CEO of Input Output Hong Kong (IOHK), Charles Hoskinson, has been posting several updates to communicate recent developments in different areas of the Cardano blockchain projects, however, the investor in a video highlighted updates on project Goguen and DSLs Smart Contracts. Read more…
VeChain Foundation has become the sole provider of a public blockchain to the China Animal Health And Food Safety Alliance (CAFA), a government-backed organization, a release has said. In an official announcement from Singapore today, September 17, VeChain joined the government-supported China Animal Health And Food Safety Alliance as one Read more…
Blockchain giant Ripple network has made another stride to strengthen further its relationship with Bill & Melinda Gates Foundation as the Blockchain Company now features among the sponsors of the Mojaloop Foundation, a charitable nonprofit organization dedicated to promoting financial inclusion by offering organizations the ability to create an interoperable Read more…
A prestigious blockchain firm with specialties in risk scoring and analytic solution, BIGG Digital Asset, owners of Blockchain Intelligence Group (BIG), has in a recently announced that it’s launching the Ripple native coin XRP and Stellar XLM as part of its new project tagged BitRankVerified v1.22. This decision as stated Read more…
A whopping sum of XRP has been transferred from colossal cryptocurrency exchange Binance to San Fransisco-based blockchain company Ripple which backs XRP cryptocurrency, data unearthed by XRPL Monitor confirms. In a fresh development, XRPL published that a sum of 16.2 million XRP, worth around $3,942,956 has been moved by Binance Read more…
A newly launched decentralized finance (DeFi) asset, Pickle Finance (PICKLE), has over the past few weeks became bodacious, becoming the talk of the town in the crypto community as it surges by 1,800% within two days after being praised by the Ethereum Founder, Vitalik Butterin. According to data from CoinGecko, Read more…
An erstwhile worker of Bloomberg TV and Bloomberg Radio, Cory Johnson, has suggested that the recent delay experienced in the proposed launch of the international bank-led payment project Utility Settlement Coin is an attestation that banks need to adopt XRP for transactions. Johnson, who is also a former Chief Market Read more…
Google engineer and developer Tyler Reynolds has recently explained while he thinks Yearn.finance (YFI) among some other DeFi are better than top blockchain projects like Cardano, XRP, EOS, and Bitcoin SV and others in terms of profitability in the long run. While berating the top blockchain projects for using dubious Read more…
Quick Look: Twitter CEO, Jack Dorsey, endorses Bitcoin (BTC) as the “native internet currency.” However, for Bitcoin to gain mainstream adoption, it has to be intuitive and easier to use, he said. The Twitter mogul further stated Square and Cash App would develop more onboarding tools for Bitcoin. In a Read more…
A popular crypto analyst by the pseudonym “CryptoWhale” has recently explained that more than any other crypto project in the ecosystem, XRP and Ripple are working hard to ensure mainstream adoption of cryptocurrency by working towards achieving regulatory clarity. CryptoWhale said this in a tweet, affirming that even though many Read more…
The San Francisco-based cryptocurrency exchange Kraken is now returning to Japan after getting registered as a Crypto Asset Exchange Service Provider under the Payment Services Act. Back in 2018, the exchange was forced to exit the Asia market citing business maintenance costs after the regulators increased scrutiny of the crypto Read more…
A group of mysterious hackers who have been identified as NetWalker recently compromised Argentina’s immigration agency computer networks to alter border crossing and had demanded a ransom of $4 Million in Bitcoin. NetWalker is a ransomware operative that earmarks corporate computer networks, they operate by encrypting or putting a password Read more…
Bitcoin has hit a new low of $9,880 on September 7 as the bear continues to gain more strength in the market, renewing the holder’s selling pressure. Even though Bitcoin is now back above the $10,000 level, the unstable performance over the weekend and the latest bearish fall shows that Read more…
Columbia’s police have been forced to take action after fraudsters looking to scam via Bitcoin created an initiative purportedly ‘endorsed’ by President Ivan Duque. The authorities issued a warning to the country’s population, noting that the ‘announcement’ about a Bitcoin-focused investment solution for COVID-19 economic effects is a scam and Read more…
The Governor of the Bank of England, Andrew Bailey, has Thursday, September 4, explained what financial regulators need to do ‘if stablecoins are to be widely used.’ Expressing his fear on the possible impacts of stablecoins on economy if not curtailed, Bailey said regulator must try to stay ahead of Read more…