The Federal Reserve has announced a reduction in the interest rate in an attempt to stimulate the global stock market affected by Coronavirus. The interest rate was reduced by 0.5%, to the most important extent implemented since December 2008. According to authorities, this action is intended to combat the economic effects of Coronavirus. The global…
Interactive online maps are the most intuitive way to find places of interest, including merchants who accept cryptocurrencies as a payment method. Many of these types of maps provide filters for the types of services offered or cryptocurrencies. Coinmap is one of the most popular map type applications, otherwise it allows companies that accept cryptocurrencies…
The US government has added two Chinese citizens to the list of people accused of stealing money through cryptocurrencies for North Korea. The Office of Foreign Asset Control Office has accused Yinyin Tian and Juiadong Li of “harmful cyber activities”. US Treasury Secretary Steven Mnuchin made the following statement: “The North Korean regime continued its…
According to a recent report published by tokeninsights “Annual report of the cryptocurrency exchange industry for 2019”, the annual trading volume on spot markets was $ 13.8 trillion. To this value is added the 3 trillion dollars in derivatives. Although there are over 300 crypto exchanges worldwide, 40 of them accounted for 82% of the…
A recent Chainlink announcement revealed a collaboration with DeFi Money Market (DMM), which is expanding the offer of decentralized finances. Specifically, users can benefit from higher interest rates on tokenized physical assets by integrating with the Ethereum network. The article published on Medium states that there will be an exponential growth in crypto assets in…
Beijing’s tax office officially announced on March 2 that it will begin implementing blockchain technology in the city’s billing system. Local authorities hope that billing on the blockchain will bring more transparency for taxpayers. Beijing intends to bring transparency, traceability and immutability unique blockchain in the governance system: “To reduce the operating costs of taxpayers,…
Supreme Court of India overturns banking ban on crypto companies The Supreme Court of India has ruled against a decision imposed by the country’s central bank almost two years ago. According to a Bloomberg report, judges have ruled in favor of petitions filed by crypto exchanges in India. In April 2018, the central bank of…
According to a report by the Dutch cybersecurity company ThreatFabric, hackers could use banking Trojans to target cryptocurrency exchanges and wallets in 2020. In his report, ThreatFabric also highlighted the growing trend of these attack carriers to move from desktop platforms to crypto-wallet mobile banking services, with exchanges that would represent the next likely target….
On the occasion of EthCC 2020, the co-founder ofEthereum and boss of ConsenSys confirmed discussions with the bank JPMorgan regarding technologies Quorum. Joseph Lubin also focused on the finance sector. Two of the co-founders ofEthereum were present on March 3 in Paris on the first day of the conference EthCC : Vitalik Buterin and Joseph…
"We have seen a huge demand for futures trading among Indian cryptocurrency users [dall’inizio del 2020]”Said Sumit Gupta, CEO of CoinDCX, founder of an exchange aggregator. Unocoin co-founder Sathvik Vishwanath said the exchange serves 26,000 monthly active users in India on a uniquely crypto platform and plans to launch derivative options within the next few…
