Archived Posts

Charity division of Huobi cryptocurrency exchange has begun supporting Indonesian government’s efforts in battling against COVID-19. Huobi Charity will offer assistance in collaboration with the Indonesia-China Association of Economic, Social and cultural Cooperation (ICAESCC) to give financial assistance, in addition to medical kits, while capitalizing on blockchain technology to back healthcare institutions. To offer instant   Read more...

Bitcoin (BTC) draws attention of investors yet again as futures market recorded their largest volume since markets plummeted below $4,000. As per data from tracking site Skew, April 2 recorded the top trading volumes by exchanges which offer Bitcoin futures since March 16. CME Group recorded trading volume worth $347 million Thursday, while minor contender   Read more...

Bison Trails, which offers blockchain infrastructure-as-a-service, stated that it will start backing NuCypher network, in addition to WorkLock, its permissionless token distribution solution. As per the media release, the Libra Association member guaranteed users that nodes can be run by anyone and also take part in the NuCypher network integrated with the Bison Trails platform.   Read more...

Dapper Labs, which developed the blockchain powered game CryptoKitties, has received a patent in Brazil that paves way for the creation of collectible digital tokens in collaboration with the National Basketball Association (NBA). As per Intellectual Property Magazine of Rio de Janeiro, published on March 24, Dapper Labs has been given the right to utilize NBA   Read more...

Max Keiser forecast exponential rise in demand for Bitcoin (BTC) as gold sale remains inhibited due to coronavirus outbreak. In the recent edition of Keiser Report program, telecast on March 31, Keiser opined that the coronavirus pandemic will force billionaires to purchase gold as it is perceived as a safe haven asset. Once the stockpiling   Read more...

Lightning Labs has released the prelim details for Lightning Service Authentication Tokens (LSAT), a covenant criterion that guarantees to create a sea of change in online remittance via deploying a largely unfamiliar HTTP status code. As per a March 30 blog post written by Lightning Labs CTO Olaoluwa Osuntokun, LSAT supports automated logins and remittances   Read more...

Nigeria, Africa’s largest nation, got its first Bitcoin ATM. Blockstale BTM, which took the initiative of installing the ATM in the Dazey Lounge and Bar in Lagos, intends to set up over 30 more ATMs throughout the country. Commenting on the initiative, Blockstale’s chief executive and founder, Daniel Adekunle, said “Despite all the legal uncertainties   Read more...

Cardano (ADA) blockchain, which uses Proof-of-stake (PoS) protocol, has gone live following Byron reboot March 30, as the venture gets ready to shift to the Shelley mainnet. Input Output Hong Kong (IOHK), the P2P (peer-to-peer) technology firm behind Cardano, stated that the reboot will be carried out through several updates to key elements of the   Read more...

During the first-quarter of 2020, there has been considerable decrease in online purchases utilizing Bitcoin (BTC), Visa and few other retail apps, covering cryptocurrency and fiat currency dealings. With hundreds of thousands across the world under self-quarantine or in lockdown to stop the spread of coronavirus disease (COVID-19), in general, everyone would expect online shopping   Read more...