About Author:
Osato Avan-Nomayo
Osato is a Bitcoin enthusiast with a flair for writing. When he isn't providing unique perspectives on the current happenings in the industry, he can be found pouring over old books on history and philosophy or trying to beat his Scrabble high score.
Bithumb global has announced to its users, the launch of the platform's crypto margin trading service for Bitcoin (BTC) and Ether (ETH) against Tether (USDT). Details of the Bithumbbrin Global Margin Trading Service In a blog post published on its website, Bithumb Global — the international arm of the South...
Paradigm, a cryptocurrency venture fund outfit has beaten 35 other bidders to acquire the majority of the MakerDAO (MKR) tokens on sale during the project’s recent debt auction. MakerDAO Auction Sees 20,980 MKR Tokens Sold In a tweet published on Tuesday (March 31, 2020), Paradigm announced that it won 72...
Major car manufacturer BMW has announced the planned roll-out of its blockchain-powered Supply Chain Management (SCM) solution. For starters, the German automobile heavyweight will leverage the solution with 10 of its suppliers beginning in 2020. BMW to Adopt Blockchain for SCM and Traceability BMW Group, the parent company of BMW...
Crypto exchange juggernaut Binance is reportedly close to sealing a $400 million deal to purchase cryptocurrency trading data platform CoinMarketCap. Binance Acquisition Spree Continues An unconfirmed report from Forbes says Binance is in negotiations with crypto data provider CoinMarketCap over a possible acquisition deal. Inside sources with knowledge of the...
Tron (TRX) CEO Justin Sun has announced the launch of a new U.S. dollar-backed stablecoin project called “Djed” which some pundits say bears a lot of similarities with the MakerDAO decentralized finance (DeFi) ecosystem. Tron DeFi System Launches Amid Plagiarism Claims Sun teased the news of the launch via a...
U.S. crypto exchange giant is among a list of cryptocurrency companies granted temporary licensing exemptions by financial regulators in Singapore. The move is a direct result of the regulatory requirements imposed on virtual currency businesses on account of the country’s Payment Services Act (PSA). Coinbase Among Crypto Firms Granted Exemption...
Ethereum co-founder Vitalik Buterin says the absence of trustless and serverless swapping between Bitcoin (BTC) and Ethereum (ETH) is a source of embarrassment for the crypto industry at large. Buterin Advocates Easy Swapping Between BTC and ETH Tweeting on Tuesday (March 24, 2020), Buterin argued for the creation of a...
China has reportedly made significant progress with the basic functions of its proposed central bank digital currency (CBDC) based on patent filings submitted by Chinese fintech giant Alipay. Beijing Inching Closer to CBDC Issuance According to the Global Times, Alipay filed five patents related to its work on China’s planned...
The Democratic Party-controlled U.S. House of Representatives has introduced draft legislation that includes the creation of a digital dollar to be used for stimulus payments to Americans due to the COVID-19 pandemic. House Democrats Want Digital Dollar for Stimulus Payments According to a version of the draft bill dated Sunday...
The Hive Blockchain led by a faction of the Steem community launched its platform over the weekend after a successful split from the Steem network. Hive Blockchain Goes Live Announcing the news of the launch via a blog post, Hive developers characterized the launch as being hitch-free despite the tight...
