On August 16, Standard Chartered Bank successfully leveraged blockchain technology to conduct Bangladesh’s first blockchain transaction by issuing a Letter of Credit (LC) for Viyellatex Ltd. Standard Chartered Bank is the biggest international bank in Bangladesh, with a presence of over 115 years in the country. Viyellatex Ltd is a
August 16, 2020 1 min read
The rise of many blockchain-based games that provide high-quality experience is seen to be the catalyst that will enable the exposure of 2.5 billion gamers worldwide to cryptocurrency. The blockchain gaming development is still fairly organic in nature in spite of the advancement of innovation by industry leaders. Binance CEO
August 15, 2020 1 min read
Blockchain.com, a provider of cryptocurrency products has extended its support to Algorand (ALGO), a Proof-of-Stake (POS) blockchain. Blockchain.com Product Manager Amadeo Pellicce said, We are excited to add support for ALGO not just so that our customers can buy and sell the token, but also because it exposes more people
August 13, 2020 1 min read
On Tuesday, Nasdaq-listed and publicly-traded business intelligence firm MicroStrategy has purchased 21,454 bitcoins at an aggregate price of more than $250 million, adopting the crypto as its primary treasury reserve. Microstrategy’s investment in Bitcoin is only a part of its new capital allocation strategy, which seeks to maximize long-term value
August 11, 2020 1 min read
The social media giants Google, Facebook, and Twitter are facing a $300 billion class-action lawsuit by cryptocurrency entrepreneurs, individuals, and companies for banning crypto and blockchain ads. JPB Liberty said, “A class action will be brought in the federal court of Australia against the social media giants’ Australian subsidiaries and
July 26, 2020 1 min read
On July 15, the most prominent personal twitter accounts of famous users, crypto exchanges, and tech companies simultaneously hacked by scammers to steer followers to send crypto. The dozens of the biggest names including Joseph R. Biden Jr., Barack Obama, Bill Gates, Kanye West, and Elon Musk posted similar messages
July 16, 2020 2 mins read
Bitso, a Ripple and Coinbase-backed crypto exchange in Latin America, has hit 1 million registered users prior to its upcoming launch in Brazil. Bitso was officially launched in Mexico in 2014 through which users can buy, sell, or transfer crypto. As of now, it has raised over $4 million in
July 9, 2020 1 min read
On July 8, Crypto asset Dogecoin (DOGE) surged 50% due to a fresh viral TikTok campaign that encouraged users to pump the coin, leading to an appeal to speculators from its twitter account. DOGE is warning traders against speculation after its price gain. In a tweet, the controller of the
July 8, 2020 1 min read