Category Archives: Technologies

Tether Ordered to Freeze Transfers to Bitfinex by New York Supreme Court

A New York judge ordered crypto exchange Bitfinex and its affiliated stablecoin issuer Tether to turn over documentation about a loan and a line of credit Tether provided to Bitfinex. Judge Joel Cohen, of the state’s Supreme Court, echoed comments from a preliminary hearing held last week in New York City in an opinion published late Thursday, ordering … Continue reading Tether Ordered to Freeze Transfers to Bitfinex by New York Supreme Court

Opera Browser Adds TRON to its Native Crypto Wallet

TRON founder Justin Sun has been in the news recently through a number of events. Most famously, perhaps, the recent Tesla giveaway debacle raised the ire of the cryptocurrency community and may well have backfired against its original intention. However, the famous founder has also encountered a host of positive news bites regarding his blockchain platform TRON. … Continue reading Opera Browser Adds TRON to its Native Crypto Wallet

Within Minutes, Bitcoin Spikes 4% as Bitfinex Raises Staggering $1 Billion

At last, you can close CoinMarketCap, take a break from Crypto Twitter, and get off TradingView — Bitcoin (BTC) has finally downed a chill pill, albeit begrudgingly. Since peaking at $7,550 on Saturday, the cryptocurrency has fallen to $7,000 and has set up shop there for the time being. But, as Bitfinex CTO Paolo Ardoino announced the … Continue reading Within Minutes, Bitcoin Spikes 4% as Bitfinex Raises Staggering $1 Billion

Joseph Lubin on Ethereum 2.0: ETH to Become 1,000 Times More Scalable Within 24 Months

Ethereum (ETH) co-founder Joseph Lubin said that the Ethereum blockchain will become about 1,000 times more scalable in 18 to 24 months. Lubin made his remarks during an interview with Cointelegraph on May 11. Lubin specified that the development which will bring such a drastic scalability increase to the ecosystem will be Ethereum 2.0, also called Serenity. He explained that the … Continue reading Joseph Lubin on Ethereum 2.0: ETH to Become 1,000 Times More Scalable Within 24 Months

Ethereum’s Reddit Moderators Resign Amid Controversy

Taylor Monahan, the CEO of crypto wallet startup MyCrypto, has been moderator for the ethereum subreddit channel since 2016. That year, the ethereum Reddit channel was just breaking over the 10,000 subscribers mark, according to SubRedditStats. Today, the same channel boasts over 400,000 subscribers and is ranked within the top 600 most popular channels on Reddit. … Continue reading Ethereum’s Reddit Moderators Resign Amid Controversy

Nordic Banking Giant Nordea Opens Blockchain Trading Platform to More Clients

Nordic private banking institution Nordea is expanding its offering of the blockchain-based trading platform we.trade to its small and middle-sized business customers (SMEs),  according to a press release on May 9. The platform will purportedly help address trust deficits extant in current cross-border trades made by SMEs. Patrik Zekkar, Global Head of Trade Finance and Working Capital … Continue reading Nordic Banking Giant Nordea Opens Blockchain Trading Platform to More Clients

JPMorgan Quietly Reboots the Blockchain Behind Its JPM Coin Cryptocurrency

The Takeaway JPMorgan’s technology teams spread across three continents have been busy updating the bank’s Quorum blockchain platform over the past six months, replacing key parts of its privacy-enhancing components. Like JPMorgan’s recently announced partnership with Microsoft Azure, the updates were meant to make Quorum usable by a larger universe of firms. According to JPMorgan … Continue reading JPMorgan Quietly Reboots the Blockchain Behind Its JPM Coin Cryptocurrency

Bullish: Crypto Community In Shock Over Recent Bitcoin Price Resilience

Since the start of April, Bitcoin has been on a massively bullish rally, leaving bearish traders and the altcoin market in its dust. The rally began with a break of resistance at $4,200 that caused the price of the leading crypto by market cap spike $1,000 over an hour. According to research, the entire move was orchestrated … Continue reading Bullish: Crypto Community In Shock Over Recent Bitcoin Price Resilience

Facebook Revises Policy on Blockchain Ads, Crypto-Related Materials

Ads pertaining to blockchain tech, industry news, as well as events and educational materials for cryptocurrencies can now be displayed on Facebook without prior approval. The social media giant announced the development on Facebook Business on May 8. This marks a change from last year, when Facebook implemented a policy that required crypto and blockchain promoters to get prior consent before they could run advertisements. The press … Continue reading Facebook Revises Policy on Blockchain Ads, Crypto-Related Materials

Hackers Are Shuffling Binance’s Stolen Bitcoin

A team at blockchain services company Coinfirm has been watching the erratic movements of the bitcoin associated with $40 million stolen in the latest Binance breach. At 4:11 AM on May 8 the hacker or hackers moved 1214 BTC ($7.16 million) to new addresses and then moved another 1337 “to 2 new addresses held by the hacker.” This … Continue reading Hackers Are Shuffling Binance’s Stolen Bitcoin