News
Second-Largest Indian State to Use Blockchain in Various Spheres
The second-largest state in India, Maharashtra, is ramping up its plans to apply blockchain tech across various spheres of administration. The government of the Indian state of Maharashtra is preparing a regulatory sandbox for testing blockchain solutions across...
Japan to Solarize Its Burgeoning Digital Economy, Expert Take
A look at green policy and crypto energy consumption in Japan. Society is now witnessing the implementation of digital currencies, artificial intelligence (AI) and blockchain technology worldwide. These new digital technologies necessitate very high consumption of...
Crypto Lender Nexo Pays Token Holders Over $2.4 Million in Dividends
Nexo paid out $2,409,574.87 to token holders and reported an annualized dividend yield of 12.73%. Crypto lending firm Nexo has paid its token holders a total of $2,409,574.87 in dividends. Nexo reportedly has reached an annualized dividend yield of 12.73%.Nexo...
Bakkt Set for September Launch: Here’s What You Need to Know
Bakkt, the long-awaited crypto services platform from the Intercontinental Exchange, is finally set for launch on September 23. Despite being officially announced in August 2018, the platform only received a trust charter from New York State Department of Financial...
Crypto PIVX Denies Vulnerability Allegations, Says Users’ Funds Are Safe
Cryptocurrency PIVX denies allegations that its blockchain was vulnerable to a bug, as consulting firm Lunar Digital Assets had claimed. Developers of the private transactions cryptocurrency PIVX replied to crypto consulting firm Lunar Digital Assets regarding claims...
8 Signs That Show That a Crypto Platform is Safe to Trade On
Considering the recent rise in the price value of cryptocurrency, it’s no surprise that the rate of crypto-maniacs yearning to cut their own piece of cake via trading has also increased. While this idea of ‘crypto trading’ looks lucrative and profitable, keep in mind...
Bitcoin Drops to $10,000 in Recent Downtrend
Bitcoin has fallen to $10,000, the latest low in an ongoing slump this week. Despite exceeding $12,000 several times this month, Bitcoin (BTC) has slumped back to $10,000 in a recent downtrend. The number one cryptocurrency last traded below $10,000 on July 31.A...
Barclays Ends Partnership with Coinbase: Where Next for the Exchange?
Once hailed as the most prestigious banking relationship in crypto, Barclays (NYSE:BCS) has today decided that it is no longer working with Coinbase. The relationship between the London-based banking giant and the crypto exchange began in March last year as Coinbase...
Barclays May Be Ending Work With Coinbase, Transactions in GBP to Slow
Industry sources have reportedly confirmed that UK banking giant Barclays is putting an end to its work with crypto exchange Coinbase. British banking giant Barclays has reportedly cut ties with United States crypto exchange Coinbase.As Coindesk reported on August 13,...
SEC Files Lawsuit Against Veritaseum (VERI) Founder
The SEC has filed an emergency lawsuit against Veritaseum (VERI) and its founder Reginald Middleton with the New York Eastern District Court. The action aims to prevent Mr. Middleton from spending $8 million USD raised by the company in an ICO. “Knowingly Misled” VERI...