Gemini Successfully Completes Deloitte Audit
By Sam Mitchell
Gemini, the Crypto custodian and exchange has announced the successful completion of the SOC (System and Organization Controls) 2 Type 1 examination conducted by the auditing firm Deloitte. Gemini Successfully Completes The SOC2 Type 1 Examination The Crypto exchange and custodian which was founded by the Winklevoss twins, Cameron and Tyler, announced through a Medium post that the examination was conducted as part of a larger security compliance review being...
Kraken Adds Bitcoin Cash And Ripple To Its Margin Trading Options
By Sam Mitchell
Kraken has announced the addition of BTC (Bitcoin Cash) and XRP (Ripple) to its list of margin trading options which brings its total margin trading offering to eight digital currencies. Increase In Number Of Cryptocurrencies On The Kraken Platform As of the time of the addition of the two currencies, the complete list of Cryptocurrencies on the platform are Ethereum (ETH), Ethereum Cash (ETC), Tether (USDT), Ripple (XRP), Bitcoin (BTC),...
Kickvard University Is Offering Cryptocurrency Education
By Sam Mitchell
The Kickvard Online University was launched in October 2018 and is offering courses focusing on Cryptocurrencies. The educational curriculum is designed to equip learners with the skills, knowledge, and experiences to understand how the world of business is evolving around Cryptocurrencies. The languages of instructions are Vietnamese, English, and Russian. This reflects the lecturer’s backgrounds and also the diverse student population. The Blockchain Faculty The online university has only one...
Cryptocurrency Boost Remittance
By Sam Mitchell
Cryptocurrencies are known for enabling people to send funds in a faster and cheaper way than fiat currencies. This efficiency is what is making many Crypto enthusiasts believe that more people will be getting into the sector in the near future. Although those who use the virtual currencies are aware of their potential, it is a recent study that has revealed how new coins are driving remittance. Traditional Financial Institutions...
New Initiative Uses Blockchain To Tackle Global Ocean Plastics
By Sam Mitchell
SC Johnson, the household supply multinational, has announced that it will be partnering with Plastic Bank, a start-up focused on recycling plastic waste, to deal with the high number of plastics in the oceans. They will be doing this by boosting recycling in Indonesia’s less privileged areas. Indonesia’s Marine Life Under Threat Plastic Bank utilizes a Crypto solution to interact with plastic waste buyers and waste collectors and in this...
Crypto Recommendations To End Confusion In India?
By Sam Mitchell
India's finance minister has received Cryptocurrency recommendations from the panel that was appointed by the government to carry out the task. The new move is an indicator that the country is about to have the much-awaited Crypto legal framework. However, given the report was shared by anonymous sources, industry participants are waiting for the official announcement to be sure of the fate of Crypto sector in the country. On Friday,...
Trade Bitcoin? Risk a $10 Million Fine and 30 Years in Prison for Violating Sanctions
By Jason Bloomberg
I like to joke that any proof-of-work crypto like Bitcoin and Ethereum puts the control over transactions into the hands of organized crime and/or a few guys in China (the best humor being true, of course). So what if those few guys in China get in bed with the Iranian government? In that case, run-of-the-mill organized crime is the least of your worries. This situation hit the news this week,...
Support For Bitcoin Cash ABC Passes The Threshold
By Sam Mitchell
Based on a report released by one of the most respected Bitcoin network data providers, Coin.Dance, the nodes for Bitcoin Cash ABC is nearly 600% more than the nodes of Bitcoin SV – Satoshi Vision. The support Bitcoin Cash ABC has really grown within a very short time. Large Support Base One thing that has led to that high number of Bitcoin Cash ABC nodes is the kind of support...
Bitcoin Cash Acquires Over 140% This Week
By Sam Mitchell
Lately, the crypto markets have been experiencing an upward trend. However, a majority of the prices of leading virtual coins asset have witnessed good gains over the last one week. Approximately $132 billion is the overall market capitalization of all the coins that are in existence as of Sunday, 23rd December. On top of that, the international trade volume has significantly increased. This is considering the fact that it is...
The Rumors of Cryptojacking’s Death are Greatly Exaggerated
By Jason Bloomberg
Thank heavens for crypto, or we wouldn’t have two of the greatest cybersecurity scourges of the 21st century: ransomware and cryptojacking. Ransomware was the cybercriminal’s darling in 2017, followed shortly by illicit cryptomining aka cryptojacking in 2018. Now that crypto prices are in the toilet (relatively speaking), it seems that cybercrooks may be shifting back to ransomware as their crypto-crime of choice. However, don’t count cryptojacking out yet. Just this...
Securing A Blockchain
By Sam Mitchell
3 Important Things Blockchain is now mainstream, and business leaders across the board are actively finding out ways to incorporate the technology in their businesses. There is no doubt that upon implementation and installation, companies will reap the full benefits of blockchain. But an issue with security pulls us back. The World Economic Forum (WEF) recognizes this fact. A new report suggests that indeed, blockchain security is a reason...
Possible Outcomes Of The New FATF Crypto Service Providers’ Rules
By Sam Mitchell
The crypto industry is experiencing some exciting times. As the enormous institutions and giant companies come in, significant changes loom which will need to be addressed in quick succession. Now there are some expected changes from the new FATF guidelines regarding cryptocurrencies service providers. The first change requires all crypto exchanges to verify all their user identities whenever amounts over $1000 in assets are traded. In this article, we shall...
Tips Before Investing In Cryptocurrencies
By Sam Mitchell
Now that cryptocurrencies are recovering from a bearish year, everyone now wants to invest. Who wouldn’t want a piece of the crypto when they are projected to rise? That being the case, it doesn’t mean you should invest blindly, you have to be careful where you put your money lest you lose your entire investment. The crypto space is vast and doesn’t stop at bitcoin. In many instances, you will...
Traits Of A Next-Gen Centralized Crypto Exchange
By Sam Mitchell
There are over 200 crypto exchanges in the market today. Differentiating the good from the bad can be extremely difficult. Foremost, users need to know the extra steps exchanges are taking to ensure the security of tokens. However, it’s not just about security, users need to know the direction exchanges are heading. Exchanges no longer facilitate trade alone, they are evolving into highly secure and institutional grade infrastructures that offer...
Institutional Investors Are Already Into Crypto
By Sam Mitchell
We have explored, time and time again; the adoption of crypto in a myriad of industries; In health, finance, oil etc. we have also explored the benefits of crypto that are outstripping regular fiat currencies. We have urged you to invest now, while the prices are best to buy. And now, all over sudden, the prices are rising again, we might be up for a bull run But today’s piece...
India Expresses Fear Of Impact Of Cryptocurrencies On The Financial System
By Sam Mitchell
The committee formed by the Indian government to draft Crypto regulations has said that if Cryptocurrencies are accepted as payments, they could destabilize the local currency. Although Cryptocurrencies remain banned in the world's largest democracy, the government is working around the clock to put regulations in place. The recent observation by the panel is contrary to a report published by the Financial Stability Board (FSB) that stated that virtual currencies do...
Crypto-Social Media Combining Projects
By Sam Mitchell
The innovative nature of cryptocurrencies makes it easy for the modern day person to adopt the technology. Social media integrating crypto support is not a common thing. However, the few existing ones have been receiving immense support which is not commonly found in other platforms. Today’s piece, we focus on projects that have attempted, or are planning to attempt the option. Their success may be guaranteed but, it appears that...
Etoro Lists Binance Crypto Token
By Sam Mitchell
eToro, a social trading platform, has officially announced its partnership with Binance and has listed its Crypto token, the Binance Coin (BNB), on its platform. eToro has also become the first platform to provide the BNB tokens for trading to investors through using fiat currency. This new addition of the BNB token on the eToro platform puts the total number of Crypto assets available on the platform to thirteen. Long-Term...
Binance Labs Launching Eight Start-Ups
By Sam Mitchell
Binance labs has announced that it will be launching eight different Blockchain start-ups. The Blockchain start-ups are from the recently concluded Binance Labs San Francisco chapter which saw the incubation of the start-ups for the past few months. It was focusing on giving mentorship guidance and providing resources for the start-ups. Eight Blockchain Start-ups Selected More than five hundred projects submitted their applications for a chance to get into the...
Cryptocurrency Mining Now Allowed In US Political Campaigns
By Sam Mitchell
The United States Federal Election Commission is the official body that is charged with conducting elections in the US. In a new twist, the commission has issued a new advisory opinion in regards to the use of cryptocurrency and elections. Henceforth, people are now allowed to make contributions to political campaigns by giving out their computer power to be used for mining cryptocurrency for the political candidates of their choices. The...
Latest Crypto News
December 13, 2024
18th Millionth Bitcoin to Be Mined In Three Days
By the end of the week, the net volume of bitcoin tokens available for mining will shrink to 3 million. That will be after the 18 millionth token has entered […]
June 28, 2024
Innovations Happening In The Crypto Exchange Scene
Cryptocurrency exchanges are a vital part of the crypto infrastructure. News of huge profits made on the exchanges hacks happening at an alarming rate, exchanges imitating one another and others […]
May 31, 2024
Bybit Card: How It Works, Costs, Limits, and How to Order
Overview: The Bybit Card, powered by Mastercard, enables users to spend cryptocurrencies at any online or physical store accepting card payments and allows cash withdrawals directly from crypto accounts. It […]
