Binance CEO Changpeng Zhao recently made it known that some major Ethereum-based ERC20 tokens are already making plans to switch from the Ethereum chain to the Binance chain. The Binance Chain The Binance chain which is expected to get launched early this year is said to have a faster transaction time and cheaper fee than…
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A recent report announced that a 36-years old male suspect has been apprehended by Police officers from the UK’s South East Regional Organised Crime Unit (SEROCU) in Oxford. The man is a suspect in the theft of above €10 million ( $11.4 million) worth of IOTA. The Hackers Posses as a Genuine Member of the…
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According to a recent report, Adena Friedman, the Chief Executive Officer of Nasdaq has declared Cryptocurrency a new invention with a shot at becoming the global currency of the future. Crypto is a Demonstration of Genius And Creativity She said that: “The invention itself is a tremendous demonstration of genius and creativity, and it deserves…
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The Romanian government has imposed a tax rate of 10 percent on Bitcoin investments. The country has reportedly reviewed it’s tax laws and tagged returns derived from transactions using virtual currencies as “income from other sources” in the amended legislation, thus, putting them under an income tax. The New Tax Law A local tax consultant,…
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Blockchain technology could have a massive effect on the future of finance, says, Yahoo co-founder Jerry Yang. Jerry Yang Gave Out Some Advice According to a recent report, Yahoo co-founder, Jerry Yang at the Innovation Asia Forum, which took place in Singapore, summarized the factors which he believes are necessary for the growth of blockchain.…
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A recent report wrote Justin Sun, the Chief Executive Officer of BitTorrent Foundation has announced to both the Tron (TRX) and crypto communities via twitter that there will be a BitTorrent (BTT) airdrop and the first one is scheduled to take place on the 11th of February this year. BitTorrent To Initiate its first Airdrop…
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The United Nations, in a recent report, refers to cryptocurrency as a “new frontier” in digital finance. According to the UN’s end of the year’s report on the global economy, the organisation is of the belief that, apart from increasing efficiency significantly, blockchain technology and cryptocurrency could be the solution to solving institutionally sponsored monopoly.…
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SBI Crypto Investment Ltd is now a major stakeholder in Tangem— the producer of blockchain smart card wallets. According to a recent report, Tangem raised $15 million from the investment group. Tangem is Pioneering Mass Crypto Adoption Tangem is one of the few blockchain companies working on increasing crypto adoption. The company’s blockchain smart card…
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Many events have taken place in the crypto market of late. In this article, we will be mentioning just five of the key events that shook the crypto world this 3rd week of 2019. Bitpay Processed Over $1 Billion Transactions in 2018 Bitpay recently made available a report, stating that the popular cryptocurrency payment processor…
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Huobi’s crypto asset trading service, Huobi Derivative Market (Huobi DM), had reported a trading volume exceeding USD $20 billion. This number is recorded despite the incessant downtrend the market has been experiencing since last year. Huobi DM Record USD $20 billion Trading Volume Huobi DM which recently reported that it has achieved a milestone of…
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