News

esports

Japanese esports company to pay XRP to its players.

SBI esports, a subsidiary of the Japanese financial services conglomerate SBI Group, announced that, as part of a sponsorship deal with venture capital firm, VC Trade, its esports players would receive salaries in Ripple (XRP). In order to strengthen the company’s presence among eSports players who also use digital currencies. Player salaries will be paid […]

blockchain

South Korean Bank NH launches Blockchain-Powered Document Wallet

Over a dozen forms of digital certificates have been issued by South Korean financial services provider Nonghyup (NH Bank) using a blockchain-powered system and an e-wallet that can hold hundreds of types of blockchain-verified authentication forms. The bank’s e-wallet received official government approval earlier this month, according to the Electronic Times, and today launched an […]

EY has added a new solution to its Blockchain Analyzer product suite.

New Tool for Analysing Bitcoin Transactions and on-Chain Data Ey Releases

A new solution for investigating on-chain data including Bitcoin (BTC) transactions has been launched by the Big Four accounting firm EY. As part of the EY Blockchain Analyzer product suite, a new Explorer and Visualizer solution has been launched. The beta version is now available for free for individuals, according to an announcement on Sep. […]

crypto

Most Crypto Exchanges Are Vulnerable To Design, says Bybit CEO

After hackers breached KuCoin, Crypto exchange security is once again in the news. But this shouldn’t surprise people, according to Bybit CEO Ben Zhou, as exchanges are vulnerable by design. Zhou told that, as a single point of failure, exchanges act. Exchanges are vulnerable, as a centralised web application, to the same security problems as […]

bitcoin

100 Million People Around the World Are Now Using Crypto-Based Assets, Says Cambridge Research

Researchers at the Cambridge Centre for Alternative Finance recently disclosed that Bitcoin (BTC) and other blockchain-based assets are currently held by 100 million people around the world. The 2nd Global Cryptoasset Benchmarking Study in 2018 estimated the number of identity-verified crypto users globally at approximately 35 million. As of Q3 2020, crypto-exchanges have opened up […]

Indian Crypto Framework

To Avoid Crypto Ban, Major Indian Exchange Proposes New Regulatory Framework

BuyUCoin, the major Indian cryptocurrency exchange, has developed a cryptocurrency regulatory framework in India that it claims is supported by “all Indian cryptocurrency stakeholders.” It is not yet clear, however, which stakeholders have helped develop the framework. Or ‘sandbox,’ to be officially released on October 2. The framework was described by BuyUCoin. Which has more […]

bithumb

Broker Confirms that Bithumb is on sale, Big Players ‘Interested’

An accounting firm has confirmed that Bithumb, the major crypto exchange in South Korea, is up for sale. The troubled Bithumb Holdings, which owns over 70 percent of the exchange, is actively looking for a buyer, as reported. Accounting firm Samjong KPMG, a joint venture firm that includes Dutch giant KPMG, told, one of the […]

Tim Draper

Tim Draper, Bitcoin bull, Reveals the secrets of his Altcoin Portfolio

Tim Draper, the prominent venture capitalist and tech billionaire who bought nearly 30,000 Bitcoin (BTC) seized from the Silk Road, has revealed at least half a dozen different crypto assets in his digital currency holdings. Draper revealed that his holdings include Bitcoin Cash (BCH), Ripple (XRP), Tezos (XTZ), and Aragon (ANT) at a recent investment […]

Bitcoin’s Realized Cap Is Now $43 Billion Above the 2017 All-Time High

Crypto market data aggregator Glassnode has released data indicating that since tagging its all-time high of $20,000 at the end of 2017. Bitcoin’s (BTC) realised capitalization has increased by more than 50%. When it was last moved on-chain, the realised capitalization metric measures the value of each BTC. Which allows analysts to estimate the aggregate […]