Archived Posts

Few days before, venture capital division of automobile behemoth Volvo and Total took a stake in blockchain tracking startup Circulor that assists in reducing child labor issue predominantly faced by African countries. In this regard, Circulor desires to join hands with Tesla, Ford and GM. Even before the stake acquisition by its venture capital division,   Read more...

For months as of date, Bitcoin (BTC) has been range bound and has been eclipsed by many altcoins such as Ether (ETH) and Chainlink (LINK). The crypto also recorded lowest levels of volatility since November 2018. Furthermore, Bitcoin’s trading volume in USDT and USD pairs had declined by 56% and 44%, respectively, while worldwide cryptocurrency   Read more...

Bitcoin (BTC) no longer used to have the same kind of correlation it had with gold earlier. In fact, the numero uno crypto’s correlation with S&P 500 index is increasing, as per academics at Kraken Intelligence, an associate firm of the US based Kraken cryptocurrency exchange. The information was revealed in a document titled ‘Bitcoin   Read more...

Popular cryptocurrency exchange Bitfinex is listing Dogecoin (DOGE) as enthusiasm about the meme-inspired altcoin keeps increasing. In a tweet, Bitfinex stated that deposits are already allowed and trading Doge based crypto pair is possible from 8.30am UTC. Dogecoin has gone through a weird week, with its price skyrocketing by over 80% due to an unexpected   Read more...

39 Ethereum addresses, holding cryptos worth $46 million, has been blacklisted by Tether (USDT). Specifically, 24 of those addresses holding more than 5.50 million USDT have been blacklisted this year. The disclosure has come against the backdrop of Centre’s initial blacklisting of an Ethereum address holding USDC stable coin worth $100,000. Ethereum researcher at Horizon,   Read more...

The number of Bitcoins (BTC) withdrawn from cryptocurrency exchanges saw a new high on July 8. The withdrawal was led by Coinbase. 20,660 net Bitcoins were moved out of exchanges yesterday, as per data provided by Glassnode. It is the largest outflow of Bitcoin from cryptocurrency exchanges in a single day, a pattern usually perceived   Read more...

In a span of 24 hours from the roll out of staking service, $16.70 million worth KNC (Kyber Network Crystal), native cryptocurrency of Kyber Network, has been staked. Kyber Network is an Ethereum-based covenant that facilitates “instant exchange and conversion of crypto tokens and cryptocurrencies (Bitcoin, Ether, ZCash, etc.) with huge liquidity.” It fundamentally differs   Read more...

Malaysia’s Shariah Advisory Council, which functions under Securities Commission, in a notable announcement, has approved digital assets trading. The Malaysian Shariah Advisory Council is the government body which supervises the enforcement of Islamic laws in the functioning of financial institutions that follow the tenets of Islam. While participating in Invest Malaysia 2020 on July 7,   Read more...

BitFlyer, the largest cryptocurrency exchange in Japan by way of trading volume, has entered into collaboration with Brave, a browser safeguarding privacy. As per announcement, BitFlyer and Brave will create “a crypto asset wallet for Brave browser users.” However, additional details about the new cryptocurrency wallet were not provided. Those who utilize Brave browser in   Read more...