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India’s Central Bank Denies Knowledge of Bill to Ban Cryptocurrencies


India’s crypto regulation is reportedly ready and there has been much speculation about what it contains. An Indian lawyer has gotten some answers from the Reserve Bank of India about a bill allegedly seeking to ban cryptocurrencies. Surprisingly, the central bank claims that it does not have...

Kraken Pays Staff in Bitcoin, Proving Peter Schiff’s Claims Wrong


Kraken Exchange reveals that it has paid salaries to 250 of its employees in Bitcoin in the month of April, proving the claims made by Peter Schiff completely wrong. In fact, the company also claimed that an increasing number of employees are opting for cryptocurrency month after month. We respect...

Binance CEO Claims VC Giant Hurt His Reputation - Report


Source: a video screenshot, Youtybe, Silvio Schembri Binance founder and CEO Changpeng Zhao seeks an unspecified "reasonable compensation" from Sequoia Capital China, a subsidiary of venture capital giant Sequoia Capital, Coindesk reported, citing a filing submitted on May 20 to the High Court...

Firm Claims it Made USD 73,000 in Two Months of Staking ATOM


UK-based digital asset investment company KR1 claims to have realized USD 73,671 revenue from “staking yields” of the Cosmos Network since its launch on the 14 March 2019. In two months, the company generated 15,463 ATOM, which was sold at an average price of USD 4.76 per ATOM, according to KR1....

Bitfinex Raises USD 1 billion, CTO Claims


Major cryptocurrency exchange Bitfinex "is able to raise" 1 billion tethers (c. USD 1 billion) "in 10 days, in a private sale," Paolo Ardoino, Chief Technical Officer of the exchange, confirmed, later adding that the investments "were made." "Private companies, giants in our industry and outside...

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