Crypto.com joined over 40 finance and technology firms by becoming a member of the Open Payments Coalition. Cryptocurrency debit card firm Crypto.com is now a member of the Open Payments Coalition, alongside more than 40 other finance and technology firms. According to a June 18 announcement, admittance to the Open Payments Coalition will add Crypto.com’s […]
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Security token exchanges could prove to be an option for companies that are seeking public funding but can’t partake in the current IPO process. In 1996, there were over 8,000 public companies listed on exchanges in the United States. Fast forward to 2020 and there are only approximately 4,400 — a drop of 46% despite […]
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Russia’s Federal Service for Supervision of Communications, Information Technology and Mass Media has officially lifted the ban on Telegram. After years of unsuccessful efforts to ban Telegram in Russia, local authorities have finally decided to cancel the ban on the major encrypted messenger in the country. Russia’s Federal Service for Supervision of Communications, Information Technology […]
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United States cryptocurrency exchange announced the listing of COMP, the token powering the decentralized lending protocol Compound. United States cryptocurrency exchange announced the listing of COMP, the token powering the decentralized lending protocol Compound. According to a June 18 announcement, COMP trading will start on June 23 at 9 AM Pacific Time if the liquidity […]
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Blockchain cybersecurity firm Unbound Tech launched a new login solution meant to enable businesses to go passwordless. Blockchain cybersecurity firm Unbound Tech launched a new login solution meant to enable businesses to go passwordless. According to an announcement on June 17, Unbound Tech’s new identity solution removes the dependence on traditional authentication methods with a […]
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Major cryptocurrency firm Ripple released a set of recommendations for Indian lawmakers to legalize cryptocurrencies. American fintech firm Ripple has proposed a policy framework for regulating crypto in India amid local crypto uncertainty. In an effort to persuade Indian authorities to support fintech regulation and the growing crypto industry, Ripple issued a policy paper addressed […]
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A German fintech company responsible for several crypto debit cards, including Crypto.com’s, allegedly misrepresented over $2 billion in cash reserves. Major fintech company WireCard, which issues Crypto.com’s debit cards, has fallen into controversy as some of its employees appear to have defrauded the company. As reported by the Financial Times on June 18, auditors from […]
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As the network gets readjusted, and Bitcoin mining difficulty increases, older generations of mining machines might be out again. Some Bitcoin (BTC) miners might become unprofitable again as a result of the latest difficulty adjustment. Earlier this week, the network mining difficulty adjustment saw a +14.95% spike, its largest increase since January 2018. The regular […]
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Blockchain games continue to gain acceptance as the infrastructure around virtual economies and NFTs continues to grow. Virtual economies based on blockchain technology are starting to emerge as one of the biggest upcoming trends in gaming, gaining more traction with investors, gamers and developers alike. The use of nonfungible tokens, or NFTs, which provide proof […]
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The Bancor decentralized exchange has released a smart contract with a critical vulnerability, and is now hacking itself to save user funds from malicious actors. The newest release of the Bancor decentralized exchange appears to be vulnerable to a very serious bug that can result in a significant loss of user funds. According to the […]
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