News

US cryptocurrency exchange Bittrex had its BitLicense application rejected by the New York Department of Financial Services (NYDFS) after years of scrutiny. The agency rejected the application because of alleged deficiencies in anti-money laundering practices alongside poor due diligence over token launches, among other shortcomings. Explaining the reasons behind the decision in a public notice […]

In the past week, the bitcoin price has increased by nearly 6 percent from around $5,000 to $5,300, following an initial 20 percent gain from $4,200 to $5,000. The short-term rally of the dominant cryptocurrency led to a swift change in the sentiment around the cryptocurrency market as it pushed other crypto assets like Ethereum and […]

Bitfinex, one of the world’s largest cryptocurrency exchanges, has opened its professional trading platform for everyone. The company announced the news in a Medium post on Apr. 9, stating that its $10,000 minimum equity requirement has been lifted. Hong Kong Cryptocurrency Exchange Lifts $10,000 Minimum Equity Requirement While cryptocurrency transactions are on the rise, companies […]

Opera Software announced the release of its 60.0 desktop browser “Reborn 3.” The highly-anticipated update includes Web 3 support and a crypto wallet, as well as a revamped VPN and ad blocker—helping users remain in control of their digital life. Opera Launches First Desktop Browser for Web 3 Opera, the company behind the eponymous Opera […]

PewDiePie, internet culture icon and the most popular streamer on the planet, is switching to DLive’s blockchain streaming platform. The Planet’s Most Popular Streamer Felix Kjellberg, known by his streamer handle PewDiePie, is one of the world’s most popular streamers. As of April 2019, his channel received 93 million subscribers and 21 billion views, comparable […]

Brian Armstrong shared a series of tweets indicating that multiple divisions of Coinbase were growing, including its Commerce, Earn, and Wallet services. He also suggests that the growth isn’t limited to Coinbase, either, suggesting the entire industry has been growing through the crypto winter. Brian Armstrong, CEO of Coinbase, recently released “unaudited” charts of some […]

The number of transactions on the Bitcoin blockchain ledger has surpassed 400 million with block 570,761. These transactions were made during bitcoin’s ten years of existence and were celebrated across the Bitcoin community. Bitcoin Transactions Reach New Record Since its inception in 2008 and its first mined block in 2009, Bitcoin has become the dominant […]

China’s central planning agency announced plans to ban Bitcoin mining and is currently soliciting comments before it makes its final determination. Mining and cryptocurrency experts have mixed opinions on how the move will impact the security and price of BTC. China Dominates Cryptocurrency Mining China is the world’s largest manufacturer of Bitcoin ASICs and specialized […]

Justin Sun, the founder and CEO of blockchain DApp platform Tron, revealed the company’s plans for the Sun Network, Tron’s second layer scalability solution. The network’s testnet will reportedly launch in the second half of May and will improve the Tron network’s transaction capacity and overall scalability. Sun Announces Sun Network’s May Launch Date Tron, […]

Facebook is looking for VC firms to invest in its cryptocurrency project for sums as large as $1 billion, according to NY Times reporter Nathaniel Popper. The company is allegedly designing its crypto as a stablecoin for WhatsApp using a basket of foreign currencies as collateral. Since 2018 Facebook has been covertly working on a cryptocurrency […]