Bithoven, A New Symphony to the Ears of Crypto Traders

Trading platforms in the rising cryptocurrency industry have now got a worthy contender in the form of Bithoven.com, which is an advanced multifunctional crypto trading platform designed considering the feature and function requests from the vast community of cryptocurrency traders. Unlike other platforms, Bithoven has a fast turnaround rate for the development, testing and integration of new features as and […]

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New Jersey Accuses Blockchain Firm of Unregistered Securities Sale

The State of New Jersey alleges that a blockchain-based online rental marketplace sold over $400,000 of unregistered securities. A complaint filed on July 17 accuses Pocketinns, Inc. and its president Sarvajnya G. Mada of offering and selling around $410,000 of unregistered securities in the form of a cryptocurrency dubbed “PINNS Tokens.” The tokens were sold through an initial token offering […]

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Alexandria Ocasio-Cortez Is Openly Against Facebook’s Digital Currency Libra

Rep. Alexandria Ocasio-Cortez seems to be against Facebook’s digital currency called Libra. In a recent tweet, she wrote that company money is useful to pay to employees in “fake currency.” Libra is the virtual currency announced by Facebook and that aims at helping users process transactions and make payments.  Alexandra Ocasio-Cortez Against Facebook’s Libra A few days ago, David Marcus, […]

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WATCH: A FinTech Lawyer Breaks Down Libra's Legality

Joel Telpner, Chair of Fintech and Blockchain Practice Group at Sullivan & Worcester LLP, isn’t surprised that Facebook is getting a grilling on Capitol Hill. In fact, he’s pleased. “These are attacks on Facebook itself that really has nothing to do with crypto has nothing to with Libra it’s just Facebook being bad boys you know [they’re] concerned about [their] […]

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Crypto Market Insights: CoinGecko Publishes Its Quarterly Report For Q2 2019 ⋆ ZyCrypto

CoinGecko, a leading cryptocurrency aggregator, has published its 2019 Q2 Cryptocurrency Report. The 46-page report gives a comprehensive overview of the state of the crypto assets market and key events that took place in the second quarter of this year. Commenting on the report, Bobby Ong, co-founder of CoinGecko reiterated that: “Crypto summer is undeniably upon us as we see […]

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Libra Will Upset World Economy if It Isn’t Regulated Tightly, G7 Warns

Cryptocurrencies such as Libra risk upsetting the world’s financial system if they are not regulated tightly, G7 finance ministers have warned. According to Reuters, French finance minister Bruno Le Maire told a news conference on July 18 that the G7 “cannot accept private companies issuing their own currencies without democratic control.” His remarks followed informal talks in Paris, where the […]

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US Congress on Libra Overview: Trust, Privacy and Genocide Accusations

The United States Congress’ hearings on Libra are over. First, on July 16, the Senate Banking Committee held a testimony on Facebook’s cryptocurrency project, which was followed by a meeting organized by the House of Representatives Financial Services Committee on the next day. David Marcus, a Facebook executive and head of the social media giant’s crypto subsidiary, Calibra, testified on […]

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Bitcoin’s Testnet Deemed “Unreliable” by BTC Developer

A proposal that offers a brand new outlook to Bitcoins test network, dubbed Signet was introduced earlier this week. The software plays a pretty big role for developers serving as a place where they can test their apps, to make sure that they work to a good standard on the network by putting only test money on the line. Furthermore, […]

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Coinbase Deposits in the U.K. Now Takes 10 Days with Minimum Deposit £1000

Recent news report that Coinbase has suspended the U.K’s Faster Payments system and raised the minimum deposit amount to 1,000 British Pounds. Now Coinbase users in the U.K. have to use the standard international transfer option, also known as SWIFT, to send and deposit funds. Coinbase hasn’t yet justified the motivation for this action. “We’ve temporarily suspended Faster Payments and […]

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