A think tank affiliated with the Iranian Presidency has unveiled a study report that encourages the use of cryptocurrencies in circumventing sanctions against the country. In addition, the report also claims the government could potentially “generate US$2 million a day and $700 million a year in direct revenue from cryptocurrencies.” […]

Horizen, a technology platform that enables businesses and developers to create their public or private blockchains, announced a partnership with IOTA. The partnership will see the newly launched IOTA Oracles’ functionality and introduce oracle capabilities to the Horizen sidechain and scaling protocol, Zendoo.  IOTA Partnership Plans IOTA is a cryptocurrency […]

With the rapid influx of users and investors into the cryptocurrency industry courtesy of the ongoing bullrun, having a safe and dependable digital currency wallet has become more important than ever. While there is no dearth of cryptocurrency wallets in the industry, identifying the ones that can be trusted with […]

A Chinese tea retailer is looking to make its inception into the bitcoin mining business. Publicly-listed Urban Tea announced the expansion of its operations by appointing two executives to pursue its crypto plans. Urban Tea Praises Cryptocurrencies’ Widespread Popularity Per the announcement, Urban Tea Inc. hired Fengdan Zhou as the […]

A U.S. publicly-listed Chinese sports lottery firm is extending its arms into the crypto industry by announcing another related maneuver. 500.com Ltd announced it has acquired Btc.com, the well known bitcoin mining pool. Jihan Wu Is the ‘ Biggest Beneficial Owner’ of the Mining Pool Per the announcement, the online […]

As banks and bitcoin begin to merge, so do their ideologies and the brains behind them. Over the past few years, we have seen many standard banking executives make the transition to the crypto space. We have also seen many banks begin to offer cryptocurrency-related services, and now Diana Biggs […]

Japanese financial conglomerate SBI Holdings Inc is holding talks with offshore financial firms to create a cryptocurrency joint venture. The CEO said the move is a result of the company’s plans to grow the business as a core pillar of profitability. Investors are Looking Into Cryptos SBI is the largest […]

Australia has executed the first digital bank guarantee on a private blockchain, Lygon, Australian Financial Review (AFR) reports on Feb 9. ANZ And Scenter Group Behind the First Digital Bank Guarantee The digital bank guarantee is between the ANZ Bank and Scentre Group. Both are members of the consortium that […]

The total value of the DeFi market has jumped by 2,000% in just twelve months, but compared to the total market capitalization of all cryptocurrencies, DeFi accounts for less than 2%. This means that there is plenty of room for growth and in 2021, DeFi could take off if the […]

2020 will go down as the year of the stablecoin, DeFi, and Bitcoin. But the story that will be missing from 2020 is the advances made in a particular subsection of the crypto ecosystem: the digital securities market. The digital securities market has quietly been rebuilding itself after the failed […]