Blockchain 

Cryptocurrency Not Banned in India, According to RBI

Over the course of the past half-decade or so, the cryptocurrency space has grown at a breakneck pace, and it is believed that it is going to keep expanding in the years to come. However, in this regard, it is also important to note that it has thrived because many nations have not outlawed crypto tokens. In this regard, India, one of the world’s biggest economies, cleared the air about its stance on cryptocurrencies. The central bank of the country, the Reserve Bank of India, stated that despite reports to…

Read More
Blockchain 

Zipmex Exchange Gets Crypto Trading License from Thai Regulators

The popularity of crypto trading has had a meteoric rise over the course of the past few years, and much of the reason behind the rise is due to the establishment of high-class crypto exchanges. In a new development that will come as a further boost to crypto enthusiasts, Zipmex has been granted the highly sought-after digital assets exchange license by the securities regulator of Thailand. Major Details Over the years, Zipmex has emerged as one of the most popular exchanges in the Asia-Pacific region. The new development paves the…

Read More
Blockchain 

Libra Association Sets Up Five Member Oversight Committee

The Libra Association, the non-profit organization overseeing Libra, has established a five-member Technical Steering Committee (TSC) to oversee and coordinate the technical design and development of the Libra network. The responsibilities of the TSC are to direct the technical roadmap of the Libra network, form working groups to fast track research into specific issues, guide codebase development, and build a healthy and engaged community of developers. The association has said that the establishment of the oversight committee is an important step forward in realizing its vision of a self-governing and…

Read More
Blockchain 

Ethereum (ETH) Soars 35% in a Month

Ethereum (ETH) continues to gather pace after an impressive start to the year. The second-largest cryptocurrency by market cap has already risen to a two-month high of $165 after a 13% rally this week. Over the past month, the cryptocurrency has rallied by more than 35% and is showing no signs of slowing down. Ethereum Price Gain Price gains have coincided with an uptick in trading volume, affirming renewed investor interest in crypto after a roller coaster 2019. Trading volumes have more than doubled to highs of $17.9 million over…

Read More
Blockchain 

Will the Real Nakamoto Please Stand Up?

One of the most interesting events in the crypto sphere in the New Year has been the strong gains that have been generated by cryptocurrencies like Bitcoin SV (BSV). One pattern that can be discerned from the recent gains in BSV is the fact that it followed one of the two conscientious Bitcoin hard forks. While most of the other cryptocurrencies traded flat, BSV managed to gain as much as 45% over the course of the past 24 hours. It goes without saying that it has given rise to a…

Read More
Blockchain 

Here are the Key Drivers

The crypto space is again back in the news after having had a turbulent period in the second half of 2019 and one of the crypto tokens that has come to attention recently is Chainlink (LINK). Key Drivers Some market analysts now believe that this little-known cryptocurrency is actually doing much better than Bitcoin, the biggest cryptocurrency in the world by market cap. At the start of the year, Bitcoin had been in the doldrums but the turmoil in the Middle East due to the assassination of an Iranian general…

Read More
Blockchain 

Bitfinex and Tether Lawsuit Revised After Plaintiffs Drop Action

Controversial cryptocurrency exchange Bitfinex and its sister stablecoin issuer Tether have had a lawsuit against them withdrawn by two plaintiffs and re-filed with the addition of a new plaintiff. The two companies were accused of creating “the largest bubble in human history” in a lawsuit filed in New York in October, which alleged that Bitfinex and Tether manipulated the crypto market out of up to US$1.4 trillion. A second, similar case was then brought against the two companies by Eric Young and Adam Kutz, who claimed that Bitfinex and Tether…

Read More
Blockchain 

Ethereum Dev Indicted By Grand Jury Over North Korea Appearance

Ethereum developer Virgil Griffith has been indicted by a grand jury for conspiracy to violate the International Emergency Economic Powers Act (IEEPA) after speaking at a cryptocurrency conference hosted by the North Korean government last April. Griffith was initially arrested on Thanksgiving at Los Angeles Internation Airport after FBI Special Agent Brandon M. Cavanaugh alleged that the Ethereum dev had breached the IEEPA in traveling to North Korea without authorization and providing knowledge on how the country can utilize blockchain technology to launder money and evade sanctions. The case was…

Read More
Blockchain 

Libra Exec Boasts Project’s Benefits Over Bitcoin at CES 2020

The vice-chairman of the Libra Association has been touting the benefits of the project over Bitcoin at the Consumer Electronics Show (CES) in Las Vegas. Dante Disparte, the vice-chairman of the non-profit organization overseeing the proposed digital currency led by Facebook (NASDAQ:FB), was speaking at the Digital Money Forum of the CES, where he emphasized Libra’s advantages over Bitcoin, the largest cryptocurrency in the world. “Bitcoin as an asset class has proven that mathematical scarcity can support an incredibly exciting asset,” said Disparte, before adding, “It’s not a means of…

Read More
Blockchain 

Telegram Releases Eagerly Awaited Update on Future of TON

Messenger app Telegram has released a long-awaited update on the future of its TON blockchain and its native Gram tokens, clarifying certain aspects of the project as it remains embroiled in a lawsuit by the US Securities and Exchange Commission as to whether two ICOs conducted in 2018 should have been registered with the commission. Telegram messenger is an immensely popular platform in the world of crypto, central to the discourse on the topic, and has been working on developing its own blockchain since 2017. Multiple rumors have been spreading…

Read More