Opinion

Cryptocurrency wallets offer a safe and efficient cryptocurrency storage solution. Being a necessity for crypto users, wallets development, and growth is a strong indication of the cryptocurrency growth rate. Bitcoin's enormous growth is evident through the rapid upsurge in the number of Bitcoin wallets since the virtual currency's creation in 2009.  Spikes in crypto wallets usually coincide with rising cryptocurrency prices during optimistic periods. However, it’s worth noting that the general trend in the growth of crypto wallets has always…

Cardano has released its latest roadmap for the rollout of its highly anticipated Goguen updates. This was revealed in a tweet with Cardano expected to deliver most parts of the update by the end of February 2021. Goguen is important in Cardano's development, as it enables the blockchain to become a smart contract platform. This is because it brings a shift in the Cardano network from making transactions alone to becoming a utility platform.  Thus startups and developers can build…

One of the emerging trends in the blockchain and cryptocurrency world is the tokenization of assets and compliant security token offerings. Asset tokenization provides digital tokens for tangible and intangible assets, making it easier for token holders to trade them on blockchain platforms. Usually, the tokens are offered as security tokens, granting the token holders ownership and legal rights over the underlying asset. Tokenization, combined with the power of blockchain technology, provides a variety of benefits. The most significant one…

There's never a dull moment in crypto! Today's major headline is a leaked "Tai Chi" document that allegedly reveals Binance's grand "scheme" to evade regulatory bodies.  According to a controversial Forbes article published Thursday, leading cryptocurrency exchange, Binance "conceived an elaborate corporate structure designed to intentionally" mislead United States regulators.  The report claims that the information was gathered from a supposed leaked document created in 2018 and seen by Binance "senior executives." Forbes said it obtained the document but chose…

According to a report by official IRNA (Islamic Republic News Agency), the Iranian cabinet has amended the legislation to accept Bitcoin to fund its import. As per the Ministry of Energy report, the miners in the country are directed to transfer the Bitcoins to the Central Bank of Iran. The newly amended legislation will allow the country's central bank to channel these funds for imports. Surviving under the sanctions This comes amid the sanctions imposed on the Asian country by…

Cryptocurrency exchange FTX is set to offer traders tokenized shares of some fortune 500 companies, including Apple and Amazon. This was revealed in a press release with key details about the listing of the new digital assets. FTX will be partnering with European financial firms CM Equity and Digital Assets to offer fractional stocks on its platform. About a dozen stock and crypto pairs will be traded on the FTX trading platform. Some of the major names include Netflix Inc,…

The race to develop Central Bank Digital Currencies continues to heat up, and Cambodia is the latest to launch its digital currency. As per reports from Thai news outlet Bangkong Post, Cambodia launched its digital currency named ‘’Bakong’’ on Wednesday, October 28, 2020. Digital Currency to be used via smartphones Bakong was developed by the National Bank of Cambodia (NBC) in collaboration with Japanese tech startup Soramitsu Co. The launch culminates the Digital currency developments, which began with pilot testing…

Hackers briefly gained access to US President Donald Trump’s campaign website and posted a cryptocurrency scam campaign. As per reports from Forbes, the attack took place shortly before 4 PM Pacific time. The hackers most likely seized access to the backend of the website to gain control of the website. After gaining control, they posted a message on the about page beneath an FBI parody image claiming. ‘’this site has been seized’’. The world has had enough of the fake…

According to a tweet, Microstrategy Inc. has earned $100 million from its Bitcoin investment in the last two months. This is $22 million higher than the amount ($78 million) the company has earned from its business operations in the last 3.5 years. The Nasdaq-listed company currently owns 38,250 Bitcoins worth over $526 million as the BTC price rallies higher than $13.5k. [caption id="attachment_19121" align="aligncenter" width="1920"] Source: Kevin Rooke (@kerooke) via Twitter[/caption] Bitcoin - a new capital investment strategy As per…