DeFi
Adoption
Crypto VC Believes the Masses Have “Forgotten” About Bitcoin a Year After All-Time Highs
Cryptocurrency venture capitalist Chris Burniske believes the masses have “entirely forgotten” about digital assets, with his comments coming on the back of a prolonged…
Adoption
Overstock is Paying Ohio Taxes in Bitcoin
Major U.S. furniture retailer Overstock announced that it will pay taxes in bitcoin for the Ohio-based portion of its business under the state's novel taxpayer…
Adoption
Bitcoin Futures Exchange Bakkt Raises $182.5 Million from BCG, Microsoft, Pantera Capital, and Others
Bitcoin enthusiasts are off to a promising start for 2019 as Bakkt announces the completion of a $182.5 million funding round from a host…
Stablecoins
Japan’s Second Biggest Bank Launching Yen-Pegged Stablecoin in March 2019
Mizuho Bank, Japan’s second largest financial institution, is readying the infrastructure for a stablecoin launch in March 2019, as reported by Asia Nikkei Review.…
Mining
Bitcoin Miners Eviscerated: Japan’s GMO Shuts Down Cryptocurrency Mining Hardware Division
GMO Internet, a major Japanese-based technology company, has shuttered its division responsible for designing and manufacturing mining chips. Mounting losses from a weak cryptocurrency…
Mining
Bitcoin Companies Purge: Bitmain and Huobi Lay Off Workers
The crypto-winter is affecting billion-dollar players in the cryptocurrency market. After the much-publicized layoffs at ConsenSys, SpankChain, and Steemit, mining equipment manufacturer Bitmain is…
Exchanges
UpBit Crypto Exchange Executives Indicted for Market Manipulation
South Korea’s largest cryptocurrency exchange, UpBit, faces criminal charges after top executives were formally indicted by the country’s legal prosecutors, as reported by Business…
Regulation
Hong Kong Tightens Regulatory Grip on Cryptocurrency Exchanges and Startups
Hong Kong is tightening its regulatory grip on cryptocurrency exchanges and related businesses by bringing them under the purview of the Securities and Futures…
Mining
Now Users Can Mine Ethereum (ETH) Using Idle Computing Power with Razer
Computer gaming company Razer is turning towards cryptocurrency mining to augment revenue and appeal to youth, rewarding users with tokens to spend in a…
Trading
Bitcoin Shorts Reach ATH, is a Short Squeeze Incoming?
Bitcoin has continued to plunge since January 2018, with no respite in sight. Bitcoin shorts reached all-time highs on BitMex and other exchanges which…
Regulation
China: Cryptocurrency STOs Are Illegal Forms of Fundraising, Violators Will Be “Kicked Out”
China’s central and largest bank by market capitalization has officially banned all security token offerings (STO) and any related investment and businesses involved in…
Exchanges
Binance Chooses NEO’s Delegated Byzantine Fault Tolerance for its BNB Chain
Binance, the world’s largest cryptocurrency exchange by market cap, will utilize the sophisticated Delegated Byzantine Fault Tolerance (dBFT) for its upcoming Binance Chain product,…