News

With adoption increasing worldwide, cryptocurrency is making its way into the mainstream. The United Arab Emirates (UAE) is the latest country to join the movement, as Adab Solutions launches the first-ever Sharia-compliant cryptocurrency exchange. Growing Popularity of Crypto in Islam UAE-based startup Adab Solutions is set to launch the First Islamic Crypto Exchange (FICE) compliant […]

This week, South Korean lawmakers observed the government’s confusing stance on distributed ledger applications, with blockchain technology promoted across the board and ICO projects facing strict crackdowns. In response, Korean representatives have called for new, minimum guidelines on token issuers, according to Business Korea. Lawmaker Pushes for ICO Regulations A year after banning blockchain startups […]

Illicit cryptocurrency mining attacks are showing no signs of slowing down, with IT security firm Trend Micro reporting a 956 percent jump in such attacks since the start of 2017. Crypto Prices Fall, Attacks Do Not In a Mid-Year Security Roundup, Trend Micro researchers found over 787,000 instances of malicious cryptocurrency mining, popularly known as […]

Cloud computing giants Amazon Web Services and Salesforce may soon face blockchain-based competition that aims to trifle their dominance with a decentralized, cheaper alternative. Dfinity’s Web 3.0 Push Dfinity, a Switzerland-based blockchain startup, has secured $102 million in funds from venture capitalist firm Andreessen Horowitz (A16Z) and crypto fund Polychain Capital to support its “world computer” […]

As the cryptocurrency market gains prominence and retailer demand for a credible “stablecoin” increases, several prominent cryptocurrency businesses have put their money where their mouth is and have invested over $32 million in the Singapore-based stablecoin venture Terra, according to TechCrunch. Cryptocurrency Exchanges Take Note Without an ICO and other fundraising techniques, Terra intends to […]

Even in a bear market, the Bitcoin network’s hash rate continues to trend upward, reaching 61.8 EH/s. Hash rate is best described as the number of hash functions that are executed across a period of time. In most cases, this is measured in seconds. To get an idea of how much 61.8 EH/s is, let’s […]

The introduction of cryptocurrency-based derivatives poses a potential catalyst for institutional investors to enter the sector, and with Bitcoin futures already available, Cboe Global Markets has revealed that they’re close to launching Ethereum futures. Ether Futures Coming Soon As the first exchange to launch Bitcoin futures, Cboe Global Markets has told market makers that it […]

As it evolves into one of the world’s leading hubs for cryptocurrency exchanges, Brazil’s government is taking questionable action to investigate potential money laundering usage. Brazil’s Top 10 Crypto Exchanges Receive Subpoenas A number of cryptocurrency exchanges have received a 14-question subpoena in the past two weeks and were ordered to file responses within five […]

San Francisco-based company Square Inc. has won a new patent that will allow merchants to accept all forms of cryptocurrency payment, a victory that could impact mass utilization of digital assets. Increased Processing Speeds Are on the Horizon The mobile-payment processing company filed the patent in September 2017, after being approved by the U.S. Patent […]

In a move to bolster adoption of dApps on its network, Tron has launched its new Tron Virtual Machine, as well as a suite of smart contract development tools, to meet evolving developer needs. What Will the TVM Entail? While a large sum of decentralized applications (dApps) are using the Ethereum Virtual Machine (EVM) as […]