Opinion

BTC and ETH holders are set to earn more in the revised BlockFi interest structure the firm has announced. According to Zac Prince, the firm's founder cum CEO the changes take effect on April 1. BlockFi Improved Offerings  The announcement indicates that Tier 1 BTC holders with up to 5 BTC on the platform will earn a 6% annual percentage yield (APY). On the other hand, Tier 1 ETH holders, those holding up to 500 ETH on the platform will…

On March 18, 2020, Steem developers and community announced the launching of Hive a DPOS governance blockchain. The Blockchain is a hard fork from Steen's source code. According to the announcement, the launch is scheduled for March 20. At the same time, Binance affirmed its support for the project in a Match 18 Blogspot. Hive's developer team consists of over thirty developers, end-users, and business people. They are brought together by the drive to renew Steem's codebase and expand Hive Blockchain's…

One of Ethereum Classic Cooperative's (ECC) board members, James Wo, has quit a position he has held on the board since 2018. His resignation is effective from Tuesday, March 17, 2020. Mr Wo blamed gross mismanagement on the executive director, Bob Summerwill's part for his decision. He suggested that Mr Summerwill lacks the necessary integrity and judgement to build the organization. Further, Mr Wo portrayed Mr Summerwill’s regime as incompetent, chaotic and bereft of financial ethics. Pursuing Personal Interests Mr…

The coronavirus COVID-19 has been a global news topic for the past few months. The disease, which was first reported in the Wuhan region of China on 31st December 2019, has spread quickly across the globe, prompting the World Health Organization to declare the disease a pandemic.  As is expected, the global pandemic has had adverse effects on various industries around the world. The crypto sphere has, unfortunately, not been spared. Seeing as the occurrence is the first of its…

An announcement on March 17th stated that Coinbase card users can now add it directly to their Google Pay wallets. The exchange's card is a Visa debit card funded with crypto, enabling users to spend directly from their Coinbase accounts. Google Pay gives the exchange's card customers a fast, secure way to buy items using their smartphones. Additionally, the Google Pay app enables Android users to purchase things using their crypto balance in the safest way possible. Coinbase claims to…

About six months ago, UNICEF launched a cryptocurrency fund in partnership with the Ethereum blockchain platform that would enable it to receive, store, and distribute funding in crypto. UNICEF stated that they wanted to explore the opportunities offered by cryptocurrencies as the digital currency gateway to shape future generations' lives. Today the fund is up and running, and it accepts donations in bitcoin and ether. This is not the only or the first global charitable organization to have recognized the…

One of the biggest problems facing the manufacturing and supply industry is counterfeiting. Counterfeit goods are a global problem with an estimated worth of half a trillion dollars a year, representing 2.5% of global imports. Years back, counterfeits were a small-time illegal business but have since grown immensely to impact companies behind original brands profoundly.  The counterfeiting industry has, in fact, risen to be a complex business having devastating effects not only on numerous businesses across the globe but also…

Over the past few days, Bitcoin experienced poor performance as its price plunged to $3800 on March 12th. However, the bulls started to rally the next day slightly, when the BTC price rose to $5000 and further managed to hit a high of $5900 as traders picked up the pace. Many crypto analysts, however, believe that Bitcoin will recover in the coming days. Top Analysts’ and Crypto traders’ Views on Bitcoin Prices Flib Flib, a very experienced crypto trader, anticipated…

Recently, Binance and WazirX joined forces to set up a $50 million token fund to encourage the growth of Indian startups. The announcement noted that Binance’s native tokens, BNB, BUSD, and WazirX’s WRX token are backing the fund.  The fund is known as Blockchain for India and will make investments in equity and tokens, ranging from $100,000 to $5 million. It will also provide mentorship and support to universities and student organizations, interested in establishing university blockchain technology incubators. The…