Blockchain

‘We Have to Spend Money Carefully’ – Huobi Confirms Lay Offs Despite Profits

The prolonged bear market hasn’t yet managed to throw one of the leading cryptocurrency exchanges, Huobi, in the negative. However, despite still being profitable, the company is letting people go in an attempt to “spend money carefully.” Huobi Tightens Belt Huobi is a China-based cryptocurrency exchange with around $ 300 million in daily traded volumes, […]

Blockchain

Binance Freezes ‘Some of the Funds’ Stolen in Cryptopia Hack

Some of the stolen cryptocurrency from yesterday’s Cryptopia hack has been sent to Binance, which has confirmed already freezing some of the funds.  Binance Freezing Funds Stolen from Cryptopia Twitter account @ShaftedTangu has alleged that some funds stolen as a result of Cryptopia’s hack have been siphoned through Binance. The amounts sent to Binance in question […]

Blockchain

Dragonchain Partnership With Hurify: IoT and Blockchain Merger

A Dragonchain partnership was announced earlier today. The blockchain leader is partnering with Hurify Digital Markets to revolutionize decentralized IoT and blockchain development. Dragonchain Partnership The US’s Dragonchain is a blockchain developer that works across four business areas: enterprise services, entertainment, education, and project incubation/acceleration. The company wants to empower businesses with an enterprise-grade blockchain solution. Hurify, at its core, is a […]

Blockchain

You Can Now Buy Tokenized Apple Shares With Bitcoin and Ethereum

A Belarus-based startup has launched a tokenized securities trading platform enabling investors to buy into traditional markets with bitcoin and ethereum. Tokenized Securities Blockchain tech company Currency.com has announced the launch of its trading platform for tokenized securities. The Belarus-based platform is intended to enable investors to trade and invest in common financial instruments such […]

Blockchain

Russia: Cryptoruble Coming ‘Within 2-3 Years,’ Gov’t Official Says

Russia could introduce the Blockchain-based alternative to its fiat currency, the ‘Cryptoruble’, within “two to three years,” a senior politician has said. Aksakov: Cryptoruble ‘Will Not Differ’ From Fiat Ruble Anatoly Aksakov, chairman of the financial markets committee at Russia’s state parliament the Duma, made the forecast speaking to local news outlet RIA Novosti. Long […]

Blockchain

XRP Overtakes Ethereum Despite Looming ‘Constantinople’ Upgrade

XRP has reclaimed the position of the second largest cryptocurrency by market cap from ETH just days before Ethereum’s ‘Constantinople’ hard-fork upgrade.  Pre-Fork Drop On January 16th, Ethereum is scheduled to undergo a network-wide system update called ‘Constantinople’. Among other things, the implementation of the upgrade will reduce the block reward from 3 ETH/block to 2 […]

Blockchain

China Quietly Makes It Illegal to Run a Node Without Gov’t Approval

China has introduced new regulations intended to promote the ‘healthy development’ of blockchain technology. However, the new law also entitles the Cyberspace Administration of China to supervise node operators, as well as to request private information.  New Blockchain Regulations China’s Office of Central Cyberspace Affairs Commission (CAC) issued new regulations dubbed “Regulations on the Management […]

Blockchain

Japan and Korea Officially Approve Their Biggest Crypto Exchanges

South Korea’s Internet & Security Agency (KISA) has granted an important certification to the country’s leading cryptocurrency exchange Bithumb. Meanwhile, in Japan, Coincheck, the country’s largest exchange, is now registered with the Financial Services Agency.  Bithumb Granted ISMS Certification Cryptocurrency exchange Bithumb has managed to obtain Information Security Management System certification from the country’s KISA. According […]

Blockchain

Shapeshift Admits ‘Imposition of KYC’d Accounts’ Hurt Company Financially

The instant digital asset exchange platform ShapeShift has laid off one-third of its team because of the “dramatic and severe” crypto recession as well as being cautious in “a challenging regulatory environment.” Crypto Winter Cold Bites Shapeshift In a detailed announcement, the company’s CEO, Erik Voorhees, revealed “with a heavy heart” that the company has […]

Blockchain

New Ledger Nano X Can Pair With iPhone Via Bluetooth

Popular cryptocurrency hardware wallet company Ledger has revealed its latest device – the Ledger Nano X. The new device’s most characteristic new capability is that it will enable users to use Bluetooth to connect their mobile devices via the new Ledge Live mobile app.  Bluetooth Enabled Ledger Wallet The popular manufacturer of cryptocurrency hardware wallets […]