News

Tether, the company behind one of the biggest and most widely used stablecoins on the market (USDT), has updated the terms on its website to further clarify how their reserves work. The small update, however, suggested that its USDT coin is not 100 percent backed by US dollars, a claim many have come to criticize. […]

Binance Academy announced a bounty program that will reward individuals for submitting terms to be included in a crypto glossary. The program is part of a broader project aimed at providing free and impartial educational materials on cryptocurrencies and blockchain. The Bounty Program in Detail The two-week program was announced on 14th Mar. and is […]

A group of international banking authorities, the Basel Committee on Banking Supervision, which is part of the Bank of International Settlements (BIS), has issued a statement on the current situation of the cryptocurrency market. BIS believes that cryptocurrencies are an unsafe medium of exchange and store of value and has warned that they pose a […]

Mark Karpeles, the founder of the now-defunct bitcoin exchange Mt.Gox, was found guilty of tampering with records and given a suspended prison sentence of two years and six months. The High Court ruling comes five years after a massive security breach in 2014 at Mt.Gox that led to millions of dollars in losses for both local […]

Coinbase, one of the largest cryptocurrency exchanges in the US, announced that its Coinbase Custody service is now directly integrated with the company’s newly launched OTC desk. Custody clients will be able to complete trades directly from cold storage, the company said in its release, adding that it was a service many of its users […]

Justin Sun, the founder of TRON and current CEO of BitTorrent, is planning a $20 million cash airdrop and a Tesla giveaway. While cash airdrops are generally well received by the crypto community, many have raised questions about the fiscal responsibility of the move. Justin Sun Plans to Give Away $20 Million in Cash and a […]

Over 34 million Blockchain, Inc. wallets are functional as of March 2019, showing a 48 percent increase since 2018 and a staggering 1 million percent increase since 2012. Wallets for bitcoin have grown in tandem with its price, reaching 500 percent growth between the years 2014 to 2016 and over 280 percent between 2016 to […]

Coinbase Pro has listed Stellar Lumens (XLM) to its advanced trading platform. The move follows the exchange’s full listing of Ripple’s XRP on Coinbase.com. Beginning Mar. 13th, 13:00 PT, Coinbase will begin accepting inbound transfers of XLM to Coinbase Pro. Deposits will be available approximately 12 hours prior to full trading. Once a sufficient supply […]

Xpring, Ripple’s developer ecosystem initiative, has partnered with blockchain platform Forte to form a $100 million fund to support game developers. According to the company’s press release, the fund will operate alongside Forte’s platform technologies and include Ripple’s open-source solutions, including XRP, aimed at mainstream adoption for blockchain gaming. Ripple Announces $100 Million Blockchain Gaming […]

Ledger, a major crypto hardware wallet manufacturer based in France, revealed five security vulnerabilities found in the Trezor Model T and Model One, major competitors to the Nano Ledger. Ledger’s Attack Lab Discovered Vulnerabilities in Trezor’s Hardware Wallets The market for cryptocurrency hardware wallets is a rather competitive one due to the nature of cryptocurrencies. […]