Indian Government Updates Parliament on Crypto Plans


The Indian parliament has repeatedly asked the finance minister about the government’s plans for cryptocurrency. In July alone, the Ministry of Finance answered three sets of questions: two in Rajya Sabha, the upper house, and one in Lok Sabha, the lower house of the parliament. Also read:...

Kraken Reveals New Wire Transfer Service for Fiat Currencies


Kraken has recently revealed about a wire service which will enable users to do transactions in a range of fiat currencies throughout the world. The transactions will take place through Etana Custody. Following is the list of currencies that can be deposited or withdrawn- • US Dollars (USD) • Euros...

Coin Race: Top 10 Winners/Losers of July


July is another month that proves the high unpredictability of the market. We find most coins in red, but particularly interesting is that all top 10 coins are in red, including Bitcoin. The last time we've seen a similar situation with BTC in red was January this year. Top 10 coins by market...

Qtum Staking Gets Binance Support; 50,000 QTUM Staking Airdrop Launched


Good news for all Qtum and Binance followers! QTUM staking has received support from Binance. Hence, starting 1st August 2019, you will see Binance supporting QTUM staking on its platform. The update was officially announced by Binance through their Twitter handle, followed by a detailed blog post...

This is How Bitcoin Met its First Fed Rate Cut


Source: iStock/Toshe_O The first interest cut by the Federal Reserve (Fed), the U.S. central bank, in Bitcoin’s history was a bit more complex than the market estimated and opinions still vary on the impact of this event. As many expected, yesterday, the Fed indeed cut its main interest rate...

Firearm Firm Justifire Bags Patent for Incorporating Blockchain Technology


The invention of blockchain technology has never failed to surprise us with new smart uses of the technology. Be it the field of Internet of Things (IoT), or education, or funds transfer at surprisingly low rates in a fraction of seconds. Recently, a brand new industry has been in awe of...

Liquidity Difficulties in China: Second Bank Bail-Out Now Reality


Although it has its peculiarities, the Chinese banking sector now faces similar challenges to the west’s financial system. Dozens of small banks have been experiencing liquidity difficulties in the past few months. Observers believe the expanding problem has the potential to trigger...

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