In what will come as a massive blow, US payment services PayPal announced that it was pulling out of Facebook’s cryptocurrency project, Libra. After weeks of whispers and rumours, PayPal
Apple Will Not Create its Own Digital Currency: Tim Cook
Tech giant Apple has no intention to follow Facebook’s footsteps. In an interview with French magazine Les Echos, Apple CEO Tim Cook stated that Apple had no plans to launch
Coinbase to Pay Users 1.25% Interest on USDC Holdings
Coinbase exchange has announced the launch of USDC rewards, which will allow eligible US customers to earn 1.25% Annual Percentage Yield (APY) on their USDC holdings. USDC is the stablecoin
Bitcoin Volumes Surge in Hong Kong amidst Unrest
For any nation facing uncertain times, Bitcoin is fast emerging as a safe haven. According to a new report by The Block, P2P exchange LocalBitcoins recorded its third-highest Bitcoin volume
Facebook Libra Association Members Reconsidering Involvement in the Project?
Payment companies that are part of the Libra Association are suddenly not sure about Facebook’s first crypto initiative. According to the Wall Street Journal, Visa, Mastercard and a few other
Block.one Settles with SEC over Unregistered EOS Token Sale
EOS parent Block.one has reached a settlement with the US Securities and Commission (SEC) over its unregistered token sale. Block.one will have to pay $24 million in penalties for the
Coinbase, Kraken, Poloniex and Bittrex Launch Crypto Rating Council
Leading US-based cryptocurrency exchanges Coinbase, Kraken, Poloniex and Bittrex have come together to launch a new system which rates which cryptocurrencies are likely to be deemed as securities under US
Binance Announces Removal of 30 Trading Pairs
Cryptocurrency exchange Binance has announced that it will be removing 30 trading pairs from its platform. The exchange said that it is removing these pairs to improve liquidity and user
Ripple Acquires Crypto Trading Firm Algrim, Launches Operations in Iceland
Ripple has launched its operations in Iceland, expanding operations in Europe. Apart from the launch, the blockchain firm has also acquired Algrim, an algorithmic trading firm from Iceland. Last week,
New Balance to Use Cardano to Verify Product Authenticity
Sports footwear giant New Balance will be using the Cardano (ADA) blockchain to authenticate its premium sneakers. Charles Hoskinson, CEO of IOHK, announced the partnership during Cardano’s second-anniversary event at
