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Major American cryptocurrency exchange Coinbase said that the EOS network is having some issues. On Feb 20, Coinbase issued a status update stating, “EOS network has degraded performance. Sends and receives might be delayed”. The exchange posted a tweet two days later, stating that the EOS network was still suffering from degraded performance and that […]
The New Jersey state legislature is now considering a new bill that would require cryptocurrency businesses to obtain a proper license to operate. Assemblywoman Yvonne Lopen proposed the Digital Asset and Blockchain Technology Act on Feb 20. The legislation would establish new requirements for virtual currency businesses and create consumer-friendly protections by requiring crypto firms […]
The team behind Brave Browser thinks that Google has an unfair competitive advantage due to its massive trove of user data. In a submission filed with the UK’s consumer protection agency, Brave argued that the country’s failure to enforce European data protection laws gives Google an unfair advantage. Brave Browser’s stance In an interview with […]
A recent report by a major United States bank JP Morgan Chase suggested that current blockchain developments are lying down the foundation for digital money, but adoption is still years away. A report published by JP Morgan on Feb 21 suggests that the finance industry is moving beyond blockchain technology. Blockchain in Banking Still Years […]
With finance ministers and central bank governors have recently discussed cryptocurrency regulations at the G-20 summit, Japan is taking notice at home. Leaders at the Bank of Japan (BOJ), Ministry of Finance (MOF), and financial Services Agency (FSA) have held a number of meetings to determine whether the country should become next in line to […]
Billionaire investor Tim Draper has invested a million dollars in Aragon, a blockchain-based startup aiming to facilitate the creation and management of DAOs and create the first digital jurisdiction. Aragon wants to decentralize power by creating a blockchain-based court system for community members to settle disputes. Tim Draper Adds “Digital Court” Blockchain Project to His […]
While the crypto community is talking about “altcoin season”, one of the world’s oldest crypto exchanges (Coinfloor) is calling BS on everything that is not BTC. After turning into a Bitcoin (BTC)-only exchange, the United Kingdom’s oldest cryptocurrency exchange Coinfloor is now expanding its consumer BTC services. Focused on Bitcoin, the world’s first-ever cryptocurrency exchange, […]
Unstoppable Domains, a tech firm backed by prominent blockchain supporter Tim Draper, is rolling out a blockchain-based browser set to provide users with access to the decentralized web. Per a Feb 18 announcement, Unstoppable Blockchain Browser is designed to simplify access to the decentralized web, also known as web 3.0. This kind of the internet […]
Israeli banks shouldn’t deny services to firms involved with cryptocurrencies, according to Israel’s attorney general Avichai Mandelblit. Instead of halting financial services for all crypto firms, banks should closely examine each case for indicators of money laundering risks or other illicit financial practices, Mandelblit told the Tel Aviv District Court. Mandelblit’s stance purportedly opposed to […]
Coinbase is now a principal member of VISA, according to the Feb 19 announcement. This will allow it to issue debit cards without relying on third parties. The membership is an evolution of Coinbase’s current relationship with VISA, with the cryptocurrency exchange providing a Visa debit card. Called Coinbase Card, it allows customers residing in […]