News

The World Health Organization (WHO) has partnered with several gargantuan institutions to set up a COVID-19 information network. The blockchain-based solution is an open-source data hub for verifying data accuracy related to the COVID-19 pandemic. The solution, named "MiPasa", is expected to expand as a range of data analytics tools are introduced to its network. Additionally, the tools will be subsequent to data testing and other information, to enhance accurate detection of COVID-19 infection red zones. MiPasa is an invention…

KB Kookmin, South Korean biggest bank sets to launch crypto custody service for cryptocurrencies including BTC and ETH. Local news reported that KB Kookmin filed a trademark application for KB Digital Asset Custody (KBDAC) with the Korean Intellectual Property Office. According to the Korean Intellectual Property Office, the bank applied for KBDAC as a trademark that relates to investment, advisory, and trading of cryptocurrencies. The office says that trademark registration takes a minimum of six months and a maximum of…

An industry, sector, or model is only as good as the infrastructure it is built on. The infrastructure acts as a backbone, a framework, guiding the industry and its participants through. As we have come to know them, most industries are built on a centralized, hierarchy-based infrastructure. They follow a top-down approach, wherein a few participants at the top are responsible for most of the lower-level management's workings. But then came the Internet and changed the face of it all.…

Emerging trends and content offerings have, over the last decade, continued to drive growth and distribution in the music industry. Modernization in the music business and distribution methods have allowed numerous unsigned artists to produce recordings and distribute their music and art across the globe, mainly via the internet.  The changes being witnessed in music streaming and new licensing structures have highlighted the need for developments to restructure licensing processes and how musicians can collect royalties and track their work. …

Recently, Binance officially announced the launch of its crypto debit card, that will enable users to spend their cryptos by converting them into fiat while taking advantage of established debit card networks. Visa issued the Binance card, and it is accepted by over 46 million merchants offline and online in 200 regions, making shopping with crypto effortless. Initially, the card will be in Malaysia, then Vietnam, and later to other regions. It is currently available as a virtual card in…

On the 25th March 2020, the Malta Financial Services Authority warned against Foxtrades and Coinmalex crypto exchanges. The two crypto exchanges claim to be licensed by the nation, but the MFSA denied the claims.  For instance, Foxtrades indicates that the MFSA licensed it as a category three service provider on its website. Nevertheless, the MFSA wished to alert the public that Foxtrades is not a Maltese registered company, and urged the public from undertaking any business or transaction with the…

The BTC price traded over $6400 support area yesterday.  Eventually, the price brook above the $6800 resistance and settled above 100 hourly simple moving average (SMA). However, the bulls are struggling near the $7000 resistance area to push the price higher. With resistance near $7000, a double top pattern is likely forming on the Bitcoin price chart. What the BTC Price Chart Reveals A daily high formed near $6989, and currently, the price is correcting lower. There is a break…

Crypto Against Covid is a campaign launched by Binance Charity Foundation, aiming to raise $5 million in crypto to battle the Covid-19 pandemic. The campaign also seeks to buy medical supplies for the countries heavily hit by the pandemic. Binance Charity Foundation allocated $1 million in BUSD tokens and will also help set up a wallet to put all public donations for the project. Binance exchange will convert the donated BUSD to fiat, and the funds will purchase medical supplies…

The blockchain-based web browser Brave signed a new partnership with cryptocurrency exchange Binance, allowing its users to trade directly on Binance. Recently Brave launched its cryptocurrency, known as the Basic Attention Token (BAT). The partnership made BAT jump over 13% on the day while BNB traded in fiat. Brave integrated Binance API to enable users to get seamless and instant access to the Binance account, buy, sell and receive cryptocurrencies supported by the exchange right from the new tab page…