Cryptocurrency

Coinbase settles a three-year-old class-action lawsuit for $1 million.

According to the CoinDesk report, both parties reached a settlement later last month. Coinbase has agreed to turn nearly $1 million to the plaintiffs. The lawyers of the plaintiffs had earlier won 11,325 BTC from this previous case.   Court yet...

Visa acquires US-based fintech startup Plaid for $5.3 billion.

Visa announced that it will acquire the US-based 8-year-old fintech startup Plaid for $5.3 billion. Plaid connects payment apps like Venmo and Square Cash to the user's bank accounts to transfer funds. Plaid last year raised funding, and it...

Thailand police arrest a Singaporean citizen for kidnapping his colleague and demanding bitcoin in ransom.

Singaporean citizen Lee Wei Kim was taken into custody on Sunday by the Thailand police for allegedly abducting his colleague and taking bitcoin in ransom. The police recovered most of the ransom, worth THB1.4 million ($46,000) that was paid...

Bitcoin hits a two-month high as the price trades above $8,500.

The price of bitcoin jumped from around $8,100 on 13th January to above $8,500 today. Bitcoin gained nearly 7.30% over the past seven days as its value continues to grow. The move upwards pushed bitcoin's market capitalization to $153.2...

Dubai-based real estate agency collaborates with Huobi exchange to enable crypto payments.

The tech-driven real estate company will now allow its clients to pay using bitcoin, ethereum, and other top cryptocurrencies with the help of Huobi exchange. The firm noted that this collaboration would help bring stability and improve liquidity in...

North Korean hackers are using Telegram to steal bitcoin.

The hacking group Lazarus Group, with links to North Korea, has come up with enhanced capabilities in order to target individuals and organizations around the world, according to the Independent report. The North Korean hacking group so far reportedly...

UN is working with Mongolian farmers to deliver sustainable cashmere using blockchain technology.

The UN has piloted a project in Mongolia that aims to help farmers deliver expensive cashmere wool using the blockchain technology. According to the Forbes report, blockchain technology would help highlighting producers who are following sustainable practices. Mongolia is...

Fundstart report predicts bitcoin’s price might gain 100% this year.

The price of bitcoin gained nearly 92% in 2019 as it started its year at $3,750 and reached above $7,000 at the end of the year. According to a recent report published by Fundstart, bitcoin gained because of Facebook...

The US SEC produces evidence proving Telegram’s involvement in post-ICO sales.

The US Securities and Exchange Commission (SEC) on Friday filed documents in ongoing cases with Telegram. The filing states that the evidence of post-ICO sales undercuts the company's argument that the offering was exempt from registration requirements. Telegram was...

Bithumb to invest roughly $8 million into the Busan blockchain zone.

One of the largest crypto exchanges in South Korea, Bithumb, has pledged to invest $8 million into South Korea's "regulation-free" zone for blockchain development in Busan. National Tax Service of South Korea recently slapped Bithumb with a $69 million bill...

Latest News

Libra Association forms Technical Steering Committee to oversee development of the stablecoin

The Libra Association, in its latest announcement, revealed that they had elected a five-member committee that would oversee the...