#Centralization

Report: Around 300 crypto addresses control 80% of Tether

Launched in 2015, Tether has faced many controversies, started as a dollar-backed cryptocurrency later changed its backing to include loans to affiliate companies. According to Coin Metrics data, over $1.1 millionTether is held by 300 addresses. Tether...

People’s Bank of China working for its own Centralized Digital Currency

The People's Bank of China released a statement in which they have mentioned that they will accelerate the research and development for their "legal digital currency." The central bank hosted a video conference on...

European Central Bank highlights the benefits of a Central Bank Digital Currency

A European Central Bank (ECB) personnel highlighted the advantages of central bank digital currencies (CBDC). However, he stressed caution in a speech written by the Bank of International Settlements on 27th May. The chairman of the Lithuanian Board of the...

Central Bank of Russia might consider a Gold Backed Cryptocurrency

The Central Bank of Russia has considerations on the use of gold-back cryptocurrency in easing international payment. According to a recent statement, Elvira Naibiullina, governor of the Bank of Russia said that she aims to make a proposal that will...

Ukraine National Digital Currency: Central Bank Completes Pilot Scheme

On the 22nd Day of February 2019, it was reported by the local press agency that the Central Bank of Ukraine has completed a pilot scheme for E-Hryvnia which will be its National Digital Currency but not blockchain based. Aleksandr...

Financial Freedom for Iran: Bitcoin, Crypto and Iranian Digital Rial

Iran is launching their own centralized central bank backed cryptocurrency. Essentially Iran wants to build their own cryptocurrency which will be the Iranian version of the Swift Network. Let's break down on why Iran is deciding to launch the...

Is the Banking System a Fraud?

You’ve worked the entire four weeks until your bones were dry from fatigue, you spent sleepless nights working on a project or an assignment and even over worked your body to an unhealthy degree- at the end of it...

How Proof of Stake is Devastating for the Crypto Space?

The space and industry of the crypto world are undergoing a major changing phase. The world was never going nuts about this industry to this level. Crypto space has occupied a prominent place in the transaction world. Now, with...

Exposing HitBTC on Proof of Keys Event on 3 Jan 2019

Trace Mayer is working hard to advertise the Proof of Keys event on 3 Jan 2019, tomorrow. The event urges customers to remove and withdraw their funds to expose fraudulent cryptocurrency exchanges like HitBTC. The idea is to make sure...

Why Governments will trust Bitcoin and no other cryptocurrency ever

Comprehending the features of Bitcoin, which makes it a reliable option for the government. Why is Bitcoin so popular, when there are tons of other cryptocurrencies? The main intention behind Satoshi Nakamoto’s initiative was to design and radicalize a currency...

Latest News

US security forces blacklist Crypto Wallet Addresses of three Chinese drug traffickers

The Financial Crimes Enforcement Network (FinCEN) and Office of Foreign Assets Control (OFAC) today announced coordinated actions...