News

Amidst the strong social movement in the US, Coinbase CEO Brian Armstrong decides to take an apolitical stance and expects its employees to follow. On September 27, Coinbase Chief Executive Officer Brian Armstrong published an article on Coinbase’s Medium blog account stating that Coinbase would be taking an apolitical stance amidst the political issues ravaging […]

Major crypto exchange site Binance retaliates after Forbes published an allegedly defamatory article titled ‘Leaked ‘Tai Chi’ Document Reveals Binance’s Elaborate Scheme to Evade Bitcoin Regulators’. The exchange site recently filed a lawsuit against the renowned media corporation and two of its journalists Michael del Castillo and Jason Brett. The online article Forbes published on

The year 2020 hasn’t been off to a great start. With a circulating pandemic that wreaked havoc in all parts of the world, crypto scammers are still on the rise. According to blockchain forensics CipherTrace, 2020 has become the second-highest year in terms of cryptocurrency-related crimes, averaging a total of $1.8 billion stolen money within

Despite cryptocurrency being widely utilized by people across the globe, opinions remain divided amidst the support of big companies like PayPal, Mastercard and JPMorgan. Its success has paved the way for PayPal to support the platform and announce the launch of its own cryptocurrency service, allowing people to buy, hold and sell digital currencies using

On October 29 this year, Crypto lending platform Cred suspended inflows and outflows of funds because of an incident that resulted in users being unable to withdraw or deposit. At first, the crypto lender didn’t disclose any details about the investigation, just that they are working with law enforcement authorities. The company took to Twitter

The privacy-focused Brave Browser has a lot of monumental feats to celebrate with their growing user base. After comparing their present data to the previous year, Brave Browser reports a significant growth not just in the number of active users but also of content creators. From 8.7 million active monthly users in 2019, the privacy-focused

Starting in early 2021, PayPal will make its crypto services available to countries outside the United States. Not only will it begin offering services with the biggest cryptocurrencies in the world today such as Bitcoin and Ethereum, but it will also support digital currencies issued by central banks known as CBDCs. In late October 2020,

Exchange sites in China and Hong Kong are about to be under regulatory pressure with government officials planning to implement stricter crypto laws. Investors in Hong Kong recently pulled out a lot of assets from Singapore-based exchange site Huobi. The exchange site with an office in Hong Kong reported massive Bitcoin and Tether withdrawals on

The Supreme Court of India lifted the ban on cryptocurrency. Many companies have started planning their crypto expansions not long after that. Crypto exchanges have also resumed their operations. One of those that are planning a crypto expansion include companies like ZPX, Incrypt Blockchain, and Unocoin that discussed their interest in reviving and expanding their

The Central Bank of Kenya (CBK) has announced its plans with foreign central banks about the introduction of central bank digital currency (CBDC) in the country. Just last year, some companies in Nairobi, Kenya started accepting Bitcoin payments despite the warnings of their government regarding the volatility of cryptocurrencies. At first, there were only about