Cryptocurrecnies

indian crypto

Indian crypto ban reports are ‘clickbait,’ says local source

The draconian bill introduced in 2019 by former finance secretary Subhash Chandra Garg to ban cryptocurrencies in India has haunted crypto enthusiasts and entrepreneurs in the country to this day. Reports on the further development of the bill and the possible introduction of it as law by Bloomberg. And the local news outlet Economic Times […]

Coronavirus Stimulus Is More Than Twice Crypto’s All-Time Market Cap High

Coronavirus Stimulus Is More Than Twice Crypto’s All-Time Market Cap High

Recently the U.S. government launched a $2 trillion stimulus package to help Americans counter COVID-19’s economic impact. This figure is more than double the amount of all the speculative capital locked up during its peak in 2018 on the entire cryptocurrency market. Broadly speaking, cryptocurrency — Bitcoin, Ethereum, Litecoin, and all else. Collectively hit its […]

China Government set up a Blockchain and DLT Standards Committee

China Government set up a Blockchain and DLT Standards Committee

In the blockchain space, China’s government and its federal authorities are increasingly becoming active in moving forward innovation across the region. The government recently issued an official notice stating that they have set up a technical committee of 15 organizations to formulate national blockchain principles and distributed ledger technology. It comes only three days after […]

Bitfinex Made a $1.1Billion BTC Trade for Just $0.68

Bitfinex traded 161,500 Bitcoin (BTC) on April 10 for a price of just 0.00010019 BTC i.e. approximately $0.68 and the crypto community noticed it. According to reports of the blockchain transaction. At the time of the press, the customer exchanged around $1.1 billion in the cryptocurrency. For that number, 15,000 BTC sent to a wallet. While the […]

stablecoins

Stablecoins Reap the Benefits While BTC Is Having Its Hard Time: Coin Metrics

Coin Metrics is a blockchain analysis firm which recently finds that while bitcoin (BTC) is experiencing its daily drop stablecoins, on the other hand, are doing quite good & are reaping the benefits. Coin Metrics is globally famous for conducting various aspects of cryptocurrency tokens. The firm releases its State of the Network Report on […]

Anthony pompliano speaks to cnn about warren buffett and bitcoin

Anthony Pompliano Speaks to CNN about Warren Buffett and Bitcoin

Ever since Warren Buffet gave an interview in which he stated “I don’t own any cryptocurrency” and rebuffed the idea that there was any value in Bitcoin, responses from the crypto community and media outlets have been spreading like wildfire. Tron (TRX) Founder Justin Sun immediately came forward and claimed that the blockchain could prove […]

Japan's national cryptocurrency

Japan Plans to Release Its Own National Cryptocurrency

Japan plans to release its own cryptocurrency following the announcement of China’s launch of the digital Yuan. China started planning its digital Yuan project known as DCEP after Facebook announces its intentions to release Libra. At the moment, China is close to releasing the digital version of its national currency Yuan and Japan is following […]

cryptocurrency ban in Russia

Bank of Russia Sticks to Ban on Cryptocurrency Payments

Though cryptocurrency payments are changing the way we transact, there are still many controversies going around its ban. Previously we have come across many fact sheets that describe banks are barred to offer direct access to crypto assets. But the new law implementing at different states and countries have changed the mindset. A piece of […]

Bitcoin ransomware in China

Bitcoin Ransomware Ryuk Now Threatens Chinese Enterprises

Ryuk, a bitcoin ransomware virus is now targeting Chinese enterprises. It has already gatecrashed over 100 government and private entities in the US and is now behind China. It has victimized the logistic, technology sectors and small municipalities that acquires high data value. It is asking for a ransom of around $5 million in bitcoins.