Technology

Binance officially acquires CoinMarketCap for an undisclosed sum

Binance announced that it has completed the acquisition of CoinMarketCap, the world's most-referenced cryptocurrency data tracking site. Over the last couple of years, Binance has made several acquisitions all over the world to make cryptocurrency accessible to people. Earlier,...

New York court rules against the distribution of Gram tokens outside the US

U.S. District Judge P. Kevin Castel, On April 1, replied to an inquiry filed by Telegram, said that the encrypted messaging platform will not distribute the tokens to participants in the 2018 initial coin offering (ICO) outside the United...

US hospital faces a ransomware attack during the global pandemic.

The British IT security firm Sophos tweeted that Ryuk’s ransomware had targeted a United States-based healthcare provider. Hospitals are already facing intense pressure due to the ongoing global pandemic as the number of COVID 19 positive continue to increase exponentially.    Ransomware operators...

Singapore authorities provide license exemption to crypto companies for six months.

The Monetary Authority of Singapore has exempted a number of crypto companies from obtaining a license and operating for six months. Among the companies benefiting from this six-month exemption period are Binance, Coinbase, Gemini, Bitstamp, Luno, Upbit, and Wirex.   Singapore authorities...

President of the Brazilian Banking Federation says cryptocurrencies are not actual currencies.

While speaking in a debate in regards to the impact of the digital revolution in the world of finance, President of the Brazilian banking Federation, Murilo Portugal, opined that cryptocurrencies are not actual currencies. Portugal made the argument that...

Workplace harassment lawsuit against Justin Sun and Tron to be settled outside the court

The two former employees of the TRON Foundations had filed a lawsuit against the CEO Justin Sun and the company of providing a hostile work environment and an inherent nonchalance over following U.S. regulations. The allegations also included physical...

Australian Securities Exchange delays the launch of its blockchain settlement platform due to coronavirus outbreak.

The Australian Securities Exchange has decided to postpone the launch of its blockchain settlement platform indefinitely due to the unprecedented global crisis. The new blockchain settlement platform is supposed to replace the Clearing House Electronic Subregister System (CHESS) system.    The...

Israel’s new plan to contain coronavirus threatens data privacy

According to the Reuters report, the Prime Minister of Israel Benjamin Netanyahu proposed the use of a tracking system that would locate people with coronavirus in real-time. The proposal has drawn some controversy as it compromises the data privacy...

Blockchain summit in Japan postponed due to coronavirus

The Teams Blockchain Summit that was scheduled to take place from April 22-23, 2020, has now been postponed amid the coronavirus outbreak. The blockchain summit will now take place on September 28. TEAMZ Blockchain Summit is one of the...

Starbucks will accept crypto payments via Bakkt Cash app

The subsidiary of the Intercontinental Exchange, Bakkt, recently announced a payment integration with the multinational coffeehouse chain Starbucks. Currently, the crypto payment option is only in a limited beta version. Bakkt recently raised $300 million as part of a...

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Investor flee stocks amidst Coronavirus fears | Bitcoin’s time to shine?

The whole world is grappling with the exponentially rising number of Coronavirus cases. As of the publication of this...