News

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 […]

Search volumes for “Bitcoin” on China’s social media platforms have spiked sharply following the Chinese government’s announcement of an openly bullish stance on blockchain and its various applications, including digital finance. China’s President Xi Jinping delivered a speech last week declaring his state’s intention to “seize the opportunity” of blockchain and “strive to let China […]

TF Blockchain is set to hold its fourth sold-out conference in Seattle on Thursday, Nov. 14, where it will host some of the biggest names both in tech and the crypto industry, including high-level executives from Amazon, Samsung, Coinstar and IBM. The conference, which will keep it small with only 200 tickets put on sale, […]

Nearly 70 percent of Ethereum holders are holding at a loss, suggesting the second-largest cryptocurrency by market capitalization could face significant sell pressure on the way to reclaiming previous highs. Approximately 68 percent of Ethereum addresses are “out of the money” according to the crypto analytics platform IntoTheBlock, denoting addresses with an average purchase price […]