Blockchain

Crypto exchange OKCoin appoints Hong Fang as the new CEO

Global crypto exchange giant OKCoin in a bid to expand its adoption has appointed its chairman Hong Fang as the new CEO. Fang will assume the role of CEO on March 31, 2020. Hong Fang has also worked as...

HashCash Consultants is planning to invest $10 million in the Indian Crypto industry

HashCash Consultants is the parent company of the US-based crypto exchange PayBito. The firm has a history of investing in local crypto and blockchain enterprises all over the world. The global blockchain company plans to invest 10 million USD...

Binance adds support for Nigerian Naira on its P2P platform.

Crypto exchange Binance announced to add support for the  Nigerian Naira on its peer-to-peer platform. Nigerian Naira is the first African currency to be added on the Binance's peer-to-peer platform. Nigerian users can trade bitcoin and other cryptocurrencies without...

Coinbase CEO believes the number of crypto users can go from 50 million to 5 billion in the future

According to a Statista report, there are were almost 45 million crypto wallet users as of the fourth quarter of 2019, 32 million up from the same period of 2018. Over 21.5 million Bitcoin wallets are holding at least...

South Korean parliament passes a historic bill making cryptocurrency trading legal

According to local news reports, cryptocurrency trading in South Korea is now into the legal system of the South Korean constitution. After the South Korean President Jae-in Moon signs the amendment passed in the country's parliament, the implementation process...

US wants control of 113 crypto accounts linked to North Korea

A suit filed in the federal court in Washington seeks the forfeiture of 113 crypto accounts that were used to steal more than $250 million from crypto exchanges in bitcoins and ether. Hackers from North Korea allegedly used phishing...

Facebook delays the launch of Libra amid regulatory concerns

Facebook has been under constant regulatory scrutiny since it announced the launch of its digital currency Libra. But now the social media giant is looking to change its course. Facebook has also spent a lot of money on lobbyists...

South Korean bank plans to roll out a blockchain-based identification system

Nonghyup Bank announced the launch of the first commercial application of the distributed identity technology developed by the “Initial DID Association,” as reported by the local news agency, JoongAng Ilbo. The South Korea-based bank has already tested the blockchain-based...

Brad Garlinghouse admits Ripple wouldn’t be profitable without selling XRP

Ripple CEO Brad Garlinghouse revealed that the sale of XRP forms a significant chunk of the company's profitability. Ripple has been in the past regularly accused of dumping of XRP to make profits, which in result stopped XRP's value...

Republican mega-donor who purchased a sizable stake in Twitter plans to oust Jack Dorsey as the CEO

Paul Singer, a major Republican donor, has purchased a stake in Twitter and is reportedly seeking to oust its current chief executive officer Jack Dorsey. Paul Singer, the founder of Elliott Management, previously donated $1 million to American President...

Latest News

Ethereum drops below $130, down nearly 7% in the 24 hours.

The second leading cryptocurrency in terms of market capitalization, Ethereum, has been trading in a range of $125.48 to...