Archived Posts

A research conducted by several Russian cryptocurrency exchanges disclosed a considerable increase in Bitcoin (BTC) trading throughout Russia since March against the backdrop the Covid-19 shutdown. Executives from the Russian offices of cryptocurrency exchange such as Garantex, Binance and EXMO underlined the increase in the number of Russian users. The figure has direct correlation with   Read more...

South Korea based Kakao stated that its latest cryptocurrency wallet facility has received very good response, with over 100,000 registrations in a single day in its chat app, KakaoTalk. The facility went live on June 3. As per the internet behemoth, KakaoTalk’s Klip was rolled out championing 11 cryptos. Almost 90% of the country’s population   Read more...

In the week following the announcement of roadmap for Shelley upgrade by Cardano co-founder Charles Hoskinson, the blockchain’s native token ADA has appreciated by roughly 60%. The announcement was made in a YouTube podcast with Lark Davis, best known as Cryptolark. The installation of Shelley protocol will transform the network into a distributed ecosystem, rather   Read more...

Bloomberg’s latest report forecasts Bitcoin (BTC) to retest the historical highs of 2017 and even hit a high of $28,000 this year. The report states that Covid-19 has expedited Bitcoin’s ripening as an asset, proving its strength against the backdrop of falling equities. Furthermore, it reflects the constantly growing demand from institutional investors, and Grayscale   Read more...

Telos, a blockchain platform powered by EOS, has entered into collaboration with provider of All_EBT – a virtual card – in order to achieve scalability of the firm’s service for schemes related to food aid. Under the collaboration, Telos’ blockchain will be utilized to make payments between All_EBT’s participants in food aid and public welfare   Read more...

Plutus, a fintech firm headquartered in London, is providing rewards via credit card when users make purchases through Nike’s ecommerce site. Such a process unlocks a maximum of 3% in crypto and 9% as cash rewards for the value of purchase. To receive those rewards, clients must shop online using the Plutus Visa Card. As   Read more...

China has unveiled a master plan for transforming southern island province Hainan into a free trade zone. A trade port platform will concentrate on paving way for free trade, cross-border capital flows, and investment in the whole island. The master plan promotes government organization to utilize blockchain and other technologies to overhaul government operations. Authorities   Read more...

Tech Mahindra, one of the top tech companies in India, is collaborating with edtech firm Idealabs to provide certification courses on blockchain technology. The course will be taught partially online and the rest via in-person, on-campus classes. Students who join the course will be taught about blockchain foundations, smart contracts, Ethereum, Hyperledger Fabric, and decentralized   Read more...

Maerki Baumann, a family owned private bank headquartered in Switzerland, has begun offering crypto custody and trading services. Notably, the bank has received necessary approvals from the Swiss Financial Market Advisory Authority (FINMA). Precisely, starting today, Maerki Baumann will offer the aforesaid facilities to its customers. The Zurich headquartered unlisted bank stated that the roll   Read more...