Brad Smith, Microsoft president, recently disclosed that the company has no intention of buying Bitcoin now. Smith made this statement on CNN adding that there were no internal discussions going on about buying cryptocurrency, Bitcoin in particular. Why Will Microsoft Not Invest In Bitcoin? The cryptocurrency Bitcoin has been gaining momentum since the start of…
TRON, one of the leading smart contract network has set plans to launch a global developer hackathon. The label given to this event is, the Great Voyage: TRON 2021 Global DeFi Hackathon. This product is a DeFi product that will boost broader adoption. The event will have a huge $10 million to award prizes for…
American-based exchange Coinbase has finally rolled out support for Ethereum 2.0 staking. However, staking has not begun as interested users must join a waiting list. The announcement was made by Coinbase today, via its Twitter account. The change offers an interest or 7.5 APR, for any amount of Ethereum staked. On the company’s staking page,…
As a new cryptocurrency trader or investor, you are likely to find most terminologies (shorthand – terms) very strange and complicated. This is totally understandable. You don’t have to feel lost or that you can’t catch up with the trends happening in cryptocurrency communities. Many pro traders and investors today most likely felt the same…
The use of cryptocurrency has moved from just speculations and quick profits to more tangible areas. KIKKLAB, a Dubai free trade zone has announced that it would start accepting crypto for transactions. BTC, ETH, USDT Make the List of Accepted Crypto on Dubai Free Trade Zone The Dubai free trade zone will be accepting the…
EXMO, a cryptocurrency exchange in the United Kingdom suffered a DDoS attack yesterday. Services were affected yesterday as the site went completely offline. DDoS Damaged the Exchange’s Infrastructure It took to Twitter to acknowledge the attack and said it was working on it. Although the site is now back online, the attack affected activity seriously…
A cryptocurrency advocacy group, Global Digital Finance has said the Hong Kong newly proposed Crypto rule will cause retail investors to associate with unlicensed platforms. Global Digital Finance made this known and explained that the proposed rule will increase financial risk for the retail investors. The Hong Kong’s Proposed Crypto Rule A report given by…
Top Japanese company, SBI Holdings is working on expanding its crypto game. The conglomerate is reportedly working on crypto ventures with a number of foreign companies. SBI Holdings Joint Crypto Venture Could Take off Soon According to a Reuters report today, SBI could be involved in a lot of mergers over the next few months….
Alexei Navalny, the Russian opposition leader has reportedly received $3,200,000 worth of Bitcoin this year alone. The total sum of Bitcoin received by the opposition leader sums up to a whopping 658 btc. The reason for these donations in BTC is still unknown but analyst believe it is to fund Alexei Navalny’s movement against the…
Cryptocurrency and blockchain technology has moved from being far-off concepts to very practical ones. Nevada could be home to a blockchain and crypto city, thanks to Blockchain LLC. Crypto City in the Works The blockchain investment firm is working on building a smart city that would make use of blockchain and crypto. Purchases in the…