News

Bitcoin’s current market capitalization would make it the 9th largest monetary system in the world, ahead of the Korean won and behind the Russian ruble. Bitcoin continues to grow The monetary base is defined by the US Federal Reserve as: “The sum of currency in circulation and reserve balances—deposits held by banks and other depository […]

Ernst & Young revealed that QuadrigaCX, a failed Canadian crypto exchange that lost almost $190 million of its users funds, may have committed fraud. Auditors found that the exchange’s late founder and CEO transferred user funds off QuadrigaCX and used them for margin trading on other exchanges, losing millions. New report uncovers the truth behind […]

KuCoin listed Binance’s native cryptocurrency Binance Coin, with India-based Bitbns following suit, making BNB accessible to another 1.3 billion people. Binance Coin reaches a broader audience In a blog post, KuCoin, a Singapore-based cryptocurrency exchange, announced that it will support the projects running on Binance Chain and list Binance Coin (BNB) in order to meet its […]

The 2019 Asia Blockchain Summit could be preparing to host a debate between BitMEX CEO Arthur Hayes and crypto-skeptic Nouriel Roubini. Hayes vs. Nouriel The Asia Blockchain Summit is considered the biggest blockchain event in Asia, and this year it will take place in Taipei, Taiwan, from July 2nd to 3rd. The event awaits to […]

MetLife, one of the globe’s largest providers of insurance, is using Ethereum to transform the life insurance claims process. Using Ethereum to transform life insurance LumenLab, MetLife’s Singapore-based incubator, is collaborating with media group Singapore Press Holdings and insurance cooperative NTUC Income to release “Lifechain,” a smart contract platform built on Ethereum, reported Forbes contributor […]

Facebook’s announcement of the Libra stablecoin raised privacy concerns. Whether it’s related or not, some of the top privacy coins spiked after the announcement, including Monero, Zcash, Zcoin, and Grin. Monero Monero is sitting at a pivotal point based on the 3-day chart. It is trading above the 7-three-day moving average, which is a positive sign, […]

TRON prepares for a mainnet upgrade that will strengthen its security and make it easier for developers to build on top of the network. The upgrade may coincide with a period of high volatility for TRX, according to the charts. TRON 3.6 TRON is one of the largest blockchain-based operating systems in the world. The […]

One of the most concerning things to come from Facebook’s cryptocurrency reveal is the number of traditional finance players who are supporting it. These are many of the same people who shunned Bitcoin, and other cryptos, and still shun them. In light of the hype surrounding Facebook’s new “Libra” cryptocurrency, it’s important to pause and […]

Facebook finally revealed details about its highly-anticipated cryptocurrency, Libra. And while the company said it plans on transitioning to a permissionless network over the next five years, questions have been raised about Facebook’s ability to create a truly decentralized system. Libra is a centralized-decentralized cryptocurrency With decentralization as the key purpose of blockchain technology, many […]

Prominent cryptocurrency researchers joined forces and uncovered compelling evidence that Craig Wright isn’t Satoshi Nakamoto. By comparing Satoshi’s IP address and Wright’s own testimony about his whereabouts at the beginning of 2009, researchers found that the two were at the opposite sides of the globe at the time. Craig Wright unwittingly affirms he is not Satoshi […]