Cryptocurrencies have been subject to stringent laws and prohibitions for a very long time. Several countries have even placed a ban on crypto trade. In April 2018, the Reserve Bank of India released a circular, directing all commercial banks in the country to stop serving businesses related to cryptocurrencies. Following the direction, banks stopped dealing with businesses like crypto exchanges,…
A victim of $63 million hack last year, Japanese exchange Zaif has regained its stand in the cryptocurrency market. It is now up and running. It has started dealing with Bitcoin Cash and Monacoin. Following the attack, Zaif had suspended all transactions and was even on the verge of being taken over by Fisco, which is also the operator of…
According to the latest Chainalysis report, the year 2018 witnessed a surge of 70% in the value of Bitcoin sent to the darknet markets. The report was published on January 18 and revealed that last year’s bear market had little impact on the darknet activity. The report also stated that the price of Bitcoin – which tumbled in 2018 –…
On January 3, Bitcoin (BTC) blockchain marked a decade since the foundation of its first block. Referred as most progressive specialized parlance as a “Genesis square,” the first square on a blockchain is quite interesting in that it intelligently contains no reference to any past ventures, and in every case hard-coded into the system’s product, building up the majority of…
At present, more than 2000 different coins exist in the market. Each of these coins has its own unique identity, uses, and features. Specific communities support these coins. There are multiple exchanges and platforms which deal in these coins, and they are all competing with each other, and the same time adding value to the market. On the one hand,…
The Litecoin establishment is going to subsidize an episode of the Ultimate Fighting Championship (UFC) mixed martial arts association, as per a declaration in print on Dec. 26th. In the declaration, the establishment reported that it has to turn out to be the “Authorized Cryptocurrency Associate” of the UFC light heavyweight championship clash among Alexander Gustafsson and Jon Jones. The…
As crypto addiction engulfs the entire world, Africa remains to be exploited in this aspect. Blockchain specialists of Nigeria have demanded enhancement of laws regarding these assets that could eventually build up and improve Africa’s financial resources. Any discussion over framing crypto laws would not be taken easily by some segment of people. Still, some believe the action taken on…
No. It may be the case that a blockchain video game developer gives a different answer. But the truth is that gaming industries do not require blockchain. Moreover, there are various other amazing features that gaming does not require. Games were quite perfect before the entry of online multiplayer option and quicksaved option. But do games require such kind of…
Switzerland has expressed growing interest in blockchain by developing laws for new technology. In its latest report, the Swiss State Secretariat has highlighted predictions for “blockchain’s noteworthy and promising developments for innovation and enhanced security.” Earlier this year, a blockchain working group was set up to compile a report based on the analysis of the blockchain. The report has now…
The global interactive entertainment and video game company Atari announced in a press release that it has entered into a license agreement with Animoca Brands Limited granting them the rights to produce and publish blockchain versions of popular Atari mobile games RollerCoaster Tycoon Touch and Goon Squad. The agreement is valid globally excluding China, Hong Kong, Taiwan, and Macau. Animoca…
