News

Stellar has successfully completed its scheduled Protocol 12 upgrade, effectively disabling inflation for the network’s cross-border payments-focused crypto, Stellar Lumens (XLM). The Stellar Development Foundation (SDF), the non-profit that spearheads the development of Stellar, proposed three “Core Advancement Proposals” for the upgrade when they announced it at the start of October—modifications that were put into […]

Weiss Crypto Ratings recently stated that China would never use Bitcoin. The comments come after the nation’s Center for Information and Industry Development published the latest edition of its crypto rankings index. The Global Blockchain Technology Assessment Index China’s President Xi Jinping recently revealed that he wants his country to “take the leading position in […]

These are testing times for US crypto traders. Accessing the same services that their European counterparts take for granted has become an impossibly convoluted task. It’s also one that’s fraught with legal risk and the threat of sudden service withdrawal. And all for the dubious privilege of being able to trade a few harmless altcoins […]

A MakerDAO token holder almost single-handedly decreased the stability fee on the Dai stablecoin by 4 percent, as he held 94 percent of the voting power for the proposition. The vote for the 5.5 percent stability fee was executed on Oct. 28 with over 44,000 MKR in support of the decision. Single user votes to […]

Bitmain, one of the largest mining hardware manufacturers in the world, has ousted co-founder and largest shareholder Micree Zhan Ketuan in what seems to have been a bloody power struggle within the company. Bitmain CEO Jihan Wu announced Zhan’s in an internal memo, where he warned employees against taking instructions from Zhan. Bitmain’s biggest shareholders ousted […]

In an early-morning tweet on Oct. 29th, Tether announced that it would be performing a 300 million USDT chain swap. The conversion from the Omni protocol to ERC20 tokens will be conducted with a third-party that remains anonymous. A chain swap is a process in which a certain entity moves a given cryptocurrency from one […]

Born in Yerevan, Armenia, Narek Gevorgyan studied applied mathematics at Yerevan State University and started his career as a software engineer. He built a software development shop that helped 100+ customers, mostly from Silicon Valley, to tackle their engineering. In 2017, he wanted to make crypto more accessible, so he created CoinStats, now one of the […]

Michael Novogratz, the billionaire CEO of Galaxy Digital, said the testing of crypto by Starbucks for its consumer app is a big deal for the asset class. Novogratz said: “Follow this space. This is a big deal. Crypto acceptance is coming. Bakkt to launch consumer app in first half of 2020; will test product with […]

Binance.US, the US-based arm of crypto exchange giant Binance, has continued its aggressive listing policy announcing it will be adding support for the native token of the Waves smart contract platform, WAVES, on the 29th of October.  According to a blog post by the San Francisco-registered firm, users can now start depositing Waves on Binance.US […]

How governments react to new technologies continues to be a source of fascination for the media and broader tech sector. Even now, in 2019, the debate continues about whether or not regulators should have more control over the internet itself. So, it’s little surprise that the legal status of cryptocurrencies is still in a state […]