News

Blockchain-based social media platform Steemit is facing a crisis. CEO Ned Scott revealed on Nov. 27, 2018, that the company has been forced to lay off 70 percent of its workforce amid an atmosphere of falling crypto prices and high operational costs. In a post published on the company’s website, Scott revealed that the company […]

TRON, one of the most popular dApp platforms, is establishing a blockchain game fund: TRON Arcade. The company is looking to invest up to $100 million in gaming projects over the next 3 years, building the foundation for a robust blockchain gaming ecosystem. Announcing TRON Arcade The rising star among dApp platforms TRON has stated […]

In a press release today, professional boxer Floyd Mayweather and music artist DJ Khaled were charged by the SEC for failing to disclose payments received for promoting an allegedly fraudulent ICO. These are the first cases of the SEC penalizing individuals whose only involvement was promoting ICOs. The celebrity boxer Floyd Mayweather Jr. and renowned […]

Today, Coinbase is adding the popular privacy coin Zcash (ZEC) to its cryptocurrency exchange service for professional traders. Starting at 10 am PST (18:00 UTC), Coinbase Pro users will be able to start transferring Zcash into their accounts. Zcash is one of the most popular privacy coins. Zcash’s unique technology zk-SNARKs, allows users to send […]

TRON dApps usage now exceeds that of Ethereum dApps, beating the blockchain giant in the number of users, number of transactions, and transaction volume, DappRadar data showed on Nov. 29, 2018. Move over Ethereum, TRON Is Now the Most Popular dApp Platform in the World. It seems that the current bearish market has had very […]

To successfully conduct a 51 percent attack on the Bitcoin network would cost an incredible $1.4 billion. This massive network supports over 5 million specialized ASIC mining computers, consuming a total of 29 Terawatt hours of electricity a year—as much as the entire country of Morocco. One of the underpinnings of the Bitcoin network is […]

In a recent controversy brought to light by Amber AI, Hong Kong-based cryptocurrency exchange OKEx has been allegedly engaging in “market manipulation and fraud,” impacting $400 million in trades. Investors are unable to seek help from the courts due to regulatory exclusions. An Achilles Heel for Investors Despite Hong Kong having been among the first […]

In a press release today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action against two Iranian-based criminals who were using Bitcoin to transfer—and seemingly launder—ransom-related funds. As a result of today’s actions, people who have engaged with these two addresses, and who may have consequently assisted these criminals, “could […]

An Ethereum token standard that represents fungible and nonfungible assets could spark a new wave of asset trading in the digital space. The popularity of cryptocurrencies has helped people everywhere wrap their heads around the idea of owning stuff in the digital space. But, owning other forms of digital assets is harder to embed in […]

The world’s second largest stock exchange, Nasdaq, is reportedly planning to introduce a Bitcoin futures market within the first quarter of 2019. The Bitcoin market has plunged by more than 80 percent across the spot markets, data from CryptoSlate has shown, but it hasn’t deterred the world second largest stock exchange from eyeing the lucrative […]