Facebook to mainstream cryptocurrency in 2020 by rolling out ‘Global Coin’

Social media giant Facebook revealed that it is planning to set up a digital payments system in about a dozen countries by the first quarter of 2020. Facebook has also confirmed the report that it wants to start testing its cryptocurrency that has been termed as ‘Global Coin’ by the end of this year. Facebook […]

Telegram takes the first step towards its own blockchain network and cryptocurrency

The new Telegram project, called TON (Telegram Open Network), has now been opened to a small number of developers of which not everyone has been announced. The operation and transactions through this platform are tested by these developers and the transaction speeds would be called ‘extremely fast’. Telegram would like to use the blockchain and […]

Bitcoin increases its valuation by USD 15 billion crossings the USD 7,000 barrier

The bitcoin price exceeded the night of this Saturday, May 11, the barrier of USD 7,000, reaching at the time of this article the USD 7,257, which is the highest price of this year. The largest cryptocurrency is experiencing the highest gains of the 20 major currencies by market capitalization, rose by 4.4% in the […]

How Binance, the world’s largest crypto exchange got hacked?

The biggest global cryptocurrency exchange in terms of trading has confirmed it lost about $40 million to hackers in a single transaction after its hot wallet, was breached. The company said it plans to use its Secure Asset Fund for Users (SAFU) to cover the damages so that no user funds will be affected. A […]

Japanese first Cryptocurrency TideCo released

TiedCo has announced the release of the tied coin which is a rate strong cryptocurrency, that is collateralized between Euro and Japanese Yen (JPY). This can be the first Japanese cryptocurrency subsidized up by way of fiat. BeaXchange.com, a cryptocurrency trading platform are predicted to work collectively with the tied coin. At present, there are […]

Coinbase Wallet app to support Dogecoin (DOGE) for iOS and Android

Coinbase Wallet is a mobile app that had only supported Ethereum (ETH) and Ethereum tokens (ERC20 and ERC721). On Wednesday Coinbase announced that Coinbase Wallet, its user-controlled wallet app for iOS and Android, is being updated to include Dogecoin (DOGE) support. So far, the Coinbase Wallet already supports thousands of crypto assets, including Bitcoin, Ethereum, […]

Jaguar Land Rover partners with IOTA for Crypto powered smart wallet

The automobile industry and the cryptocurrency world are set to embrace each other following the recent partnership between Jaguar Land Rover and IOTA Foundation. With this initiative drivers will be able to earn cryptocurrency and also make payments on the move using innovative car services; the smart wallet. Britain’s largest car manufacturer announced that it […]

Coinbase grows crypto-to-crypto trading in 11 more countries including India

Coinbase announced that it was making its crypto-to-crypto services available to 11 more countries via its Coinbase Consumer (Coinbase.com) and Coinbase Pro platforms. Coinbase users in places including Argentina, Hong Kong, South Korea, India, New Zealand, and Mexico will be able to trade between cryptos on the platform. Residents in the 11 new markets will, […]

Bitcoin back in the limelight as prices surge above $5000

Bitcoin was one of the main talking points across financial markets today after suddenly climbing to its highest level since November 2018 above $5000. While sudden and explosive swings are nothing new in the world of cryptocurrency, Bitcoin has certainly struggled for direction in recent months as investors evaluated the possibility of its adoption by […]

Starbucks plans to build app and card to convert crypto for fiat in their US stores

Starbucks has reportedly entered into a partnership with Bakkt, the US cryptocurrency platform, in order to achieve the first cryptocurrency exchange-traded fund (ETF). As per the agreement between Starbucks and Bakkt, even though Starbucks is not a cash investor in Bakkt, it receives a considerable amount of equity. Starbucks plans to develop applications and possibly […]

Cryptocurrency ATMs are on the rise; Asia Pacific region is expected to demand more crypto ATMs

The latest report on cryptocurrency trends, titled ‘Crypto ATM Market – Forecasts from 2019 to 2024,’ predicts immense flourishing of cryptocurrency ATMs, at a compound annual growth rate (CAGR) of 46.61 percent projected to reach $183.779 million USD by 2024. The growing popularity of cryptocurrencies such as Bitcoin (BTC) is expected to be a significant […]

Coinbase announces custody trading OTC desk to facilitate cold storage trading

Coinbase, the San Francisco-based digital currency exchange, has announced its plans to integrate its Coinbase Custody service with its newly launched over-the-counter (OTC) desk, now known as Coinbase Pro, in order to enable users to trade directly from cold storage without having to move funds online for business purposes. This move comes as a response […]