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New York Approves Its First Publicly Available Japanese Yen Stablecoin
29.12.2020
The New York State Department of Financial Services, the Bitlicense regulator, has authorized GMO to issue U.S. dollar and Japanese yen-pegged stablecoins. The latter “will be the first of its kind available to the public.” To date, the regulator has given out 27 charters and licenses...
A New Bitcoin Mining Pool Claims It Has Tools to Censor Blockchain Transactions
12.11.2020
A blockchain and technology company claims its new bitcoin mining pool is embedded with tools that enable the pool to censure transactions in the blocks they mine. According to a statement issued by the DMG, the parent company to Blockseer mining pool, this ability allows the latter...
Centralized Exchange Operators Believe Low Liquidity on DEX Platforms Stops User Migration
14.10.2020
Centralized cryptocurrency exchanges (CEX) operators say they are unfazed by the increasing trading volumes on decentralized exchanges (DEX) because the latter’s liquidity is still too insignificant to cause user mass migration. The majority of CEX operators also insist that it is very...
Bitmex CEO Hayes Steps Down Following U.S. Criminal Charges
8.10.2020
Arthur Hayes, chief executive officer of bitcoin derivatives exchange Bitmex, is stepping down from his position a week after U.S. prosecutors filed criminal charges against him. Hayes is leaving together with other top executives who are facing similar charges. The company announced on Thursday...
Bitcoin and Litecoin Slide, With Latter Facing High Volatility
7.11.2019
Bitcoin trades with a directionless and stout motion above $9,000 price area Litecoin seems to have a more volatile motion in comparison to Bitcoin BTC price drops around the major support area from a still trading ground that was formed near $9,350 LTC price also fell to trade around $62.83,...
Indian Supreme Court Heard Crypto Case in Depth Today
8.8.2019
The Indian supreme court finally heard the crypto case today after postponing it several times. The court addressed the government’s crypto policy as well as the writ petitions challenging the banking restriction by the central bank. The latter was heard in some detail while the former...
Tussle Between John McAfee And Craig Wright Over The Latter’s Nakamoto Claim Getting Worse
8.6.2019
John McAfee and Craig Wright are currently at war against each other, and neither of them seems to be backing away. They both have been fighting on social media, and haven’t minced their words. On Friday, McAfee tweeted that Craig Wright has called him a scam artist, and stated that he would soon...
Justin Sun’s Meets Warren Buffett Over Charity Lunch Hosted By The Latter, By $4.57 million Charity Bid
4.6.2019
As the world knows it, the 88 years old Warren Buffet is regarded with high esteem when it comes to investment. Several leaders, companies, and business tycoons look up to him for knowledge nuggets. And if you get to know that such a person invites you over lunch, your excitement levels are bound...
The Cryptocurrency Market Has Become a Casino
23.5.2019
Crypto trading has always entailed a blend of skill and good fortune, but in the frothy markets of 2019, that weighting is skewed heavily in favor of the latter. Fundamentals go out the window when there’s a surety that the latest token is going to pump at any moment. For traders with a...