News and Articles by Diana


China

China unveils members of its national blockchain committee

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The Ministry of Industry and Informatization of the PRC has declared a list of affiliates of its national blockchain committee, which is going to establish rules in the field. To ensure that the federal criteria set by the team were consistent with applicable laws and additionally contributed to...

Huobi

Huobi will automatically block accounts of "bad players"

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Huobi Group seeks to stop illegal activities on its platforms and therefore launches its transaction analysis instrument. Star Atlas is the new Huobi Group program that is going to block accounts with “suspicious” transactions automatically. The decision to unlock will be made by specific...

Changpeng Zhao

Binance uses profit's quarter on expansion and acquisition

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Binance CEO Changpeng Zhao said in a recent interview with the South China Morning Post that the exchange reinvests approximately 25% of its profits each year on expansion and acquisitions. Zhao’s commentary answered the question about several recent acquisitions - the popular data aggregator...

Alibaba and Tencent

Tencent and Alibaba filed for the most blockchain patents

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Chinese tech titans Tencent and Alibaba recorded the highest quantity of blockchain patents last year. Tencent and its affiliates listed 718 applications, Alibaba Group - 470 of more than 5800 (20% of the whole number of applications)....

Binance

Binance crypto exchange added five new fiat currencies

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Binance decided to enlarge support for fiat money by adding 5 more currencies. It seems that the platform plan to introduce 180 fiat currencies before the end of 2020 is being implemented successfully. On April 10, the exchange published that now owners of Colombian pesos (COP), South Korean won...

Fold and Visa

Visa and Fold will issue a credit card with cashback in BTC

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Bitcoin receives support from Visa corporation, which started collaborating with the Fold startup to create a credit card with a BTC cashback. CEO of the startup Will Reeves stated that Bitcoin users would be rewarded with up to 10% of purchases made using Fold and Visa credit cards. He believes...

Canaan Creative

Canaan reported a net loss of $148 million for 2019

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Chinese mining corporation Canaan Creative proclaimed a net loss of $148.6 million for 2019. On Thursday, April 9, the organization published its initial income report since the IPO on the Nasdaq Stock Exchange in November. After an IPO of $90M, the value of the company's shares fell significantly...

Bitcoin Cash

Bitcoin Cash hash dropped almost immediately after halving

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Shorter than a day after the halving in the Bitcoin Cash (BCH) system, the computing power unexpectedly dropped to a minimum. A surge in the activity of miners was recorded a few days before the halving. BCH hashrate exceeded 4.3 exhash per second (EH/s) in early April. After reducing the block...

Bisq hack

Hacker stole $250000 from Bisq users

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Late in the evening of April 7, DEX Bisq suddenly shut down trading after it discovered a “critical security vulnerability.” Bisq sounded the alarm, determining that the hacker took advantage of the vulnerability of the exchange software and stole cryptos worth more than $250,000 from users....

Polehin

Polehin.com: the first cryptowallet available on Apple Watch

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There are a myriad of Bitcoin wallets on the market, so the competition is harsh. The quickly developing Polehin.com app, without a doubt, has all the chances to outperform its competitors. It's the first app in the world that made cryptotrading available on Apple Watch! This news made many Apple...

Interest in Bitcoin will rise after miners' reward decreases

Interest in Bitcoin will rise after miners' reward decreases

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Numerous crypto exchanges expect a rush in interest in bitcoin thanks to the halving (drop in the reward of miners). A recent statement from the Gemini platform notes that after halving, many people's attitudes toward cryptocurrency will change. They will see that Bitcoin technology is independent...

Coronavirus

Microsoft helps hospitals deal with extortion amid COVID-19

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Amid the COVID-19 pandemic, Microsoft decided to help hospitals and protect them from extortion attacks. Microsoft has identified dozens of healthcare facilities with vulnerable VPNs and other publicly accessible gateway applications. The company explained: “When organizations switched to remote...

Coinmetrics

Coinmetrics determined how many BTCs haven't moved 5 years

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Analyst Coinmetrics considers that the current market supply of BTC at 18.3 million coins doesn't reflect real liquidity. According to the information, 2.3M BTC is forever lost or concentrated in the hands of long-term investors. These coins did not move for more than five years. A similar...

Gemini and Brave

Gemini will support Brave browser's BAT token

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The Gemini crypto exchange, owned by the Winklevoss brothers, will add support for the Basic Attention Token (BAT) of the Brave cryptobrowser digital advertising platform in April. After April 24, BAT will become the sixth digital asset on Gemini in addition to the previously listed Bitcoins,...

South Korea

South Korea starts testing a cryptocurrency pilot program

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The business regulator of South Korea will determine the technical and legal grounds for the creation and issue of the digital currency of the central bank (CBDC) from March to December of next year. The technical aspect focuses on the design and functioning of the CBDC. A separate question to be...

Japan

Japan postpones enforcement of new crypto regulation laws

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New arrangements for cryptocurrencies in Japan due to “unexpected delays” will come into force on May 1, and not from April, as previously planned. That is about improvements to the Law on Financial Settlements and the Law on Financial Instruments and Exchanges. The changes in them concern both...

Bitcoin futures

Activity in BTC futures returned to levels before the crash

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The trading volume on standardized crypto derivatives on the background of the rise of BTC to the psychological level of $7000 reached a maximum since mid-March. As a result of trading on Thursday, April 2, the volume of trading in BTC futures at the CME Group amounted to $347 million. At Bakkt,...

Anchorage

Anchorage crypto custodian added support for XRP

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Institutional-oriented custodian service Anchorage has attached support for the XRP coin of fintech startup Ripple. The inclusion of XRP support in the organization was explained by the demand from institutional coin owners who “want a safer and more convenient custodial solution.” Anchorage...

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