The world is becoming ever more contingent on the internet. So it’s no surprise that Bitcoin, a globally secured online version of cash has claimed the interest of investors, but not many shops accept Bitcoin yet and some countries have banned it altogether. Bitcoin is a valuable crypto coin because
Leading digital financial services platform Bitrue has today announced upgrades to its existing services that will introduce the benefits of Decentralized Finance (DeFi) products to its existing Centralized Finance (CeFi) products. This will allow Bitrue to become the world’s first hybrid exchange, with further pushes into DeFi products planned for
South Korea cryptocurrency exchange Coinbit seized by police for allegedly making false transactions to obtain 100 billion won ($84m). As per the report from Seoul Shinmun, South Korea’s oldest newspaper, police accused Coinbit Owner Choi Mo and other managers for handling multiple accounts, controlling cryptocurrency prices, and raising transaction volume.
Bitmex, a cryptocurrency derivative exchange will restrict access to users from Ontario, Canada, starting from Sep. 1, 2020, restrictions are mandated by the Ontario Securities Commission (OSC). The Ontario Securities Commission (OSC), an independent Crown corporation, responsible for regulating the capital markets in Ontario. OSC’s statement comes not long after
European low-cost airline giant Ryanair CEO Michael O’Leary has come out very bearish on Bitcoin, adding that everyone should avoid the world’s number one cryptocurrency Bitcoin “like a plague”. O’Leary said, “I would strongly advise everyone with any shred of common sense to ignore this false story and avoid bitcoin
On August 18, Elliptic added Binance Chain to its blockchain analytics and crypto asset risk monitoring platform to track any possible illegal activities committed on its blockchain. Elliptic was the only known blockchain forensics and risk intelligence tool that can support the Binance coin (BNB) and all tokens on the
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
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
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
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
