Poloneix Crash Cost Lenders $13.5 Million

It has been revealed by exchange platform, Poloneix that last month’s crash on their service cost lenders $13.5 million. The severe crash on their Clams (CLAM) market happened on the 26th May 201. Poloneix uses a peer-to-peer system for lenders and borrowers and when the crash happened, the CLAM market dropped 77% in less in […]

Binance Release Use Case For Ethereum Loan Project

Binance research, the market analysis wing of Binance, have released their analysis of the pros and cons of Ethereum’s borrowing and lending service. The service is one of the main applications of the Ethereum blockchain. However, is it worth your time? Binance research delve into the use cases of the system to decide whether or […]

CEO Pens Open Letter to KeepKey Users

Erik Voorhees has penned a letter thanking KeepyKey users and updating them on current happenings at the crypto wallet. Voorhees, the CEO of ShapeShift, who acquired the KeepKey back in 2017, shared the letter via online blogging site Medium. He began by thanking users for taking crypto security seriously. Emphasising the industry as a whole […]

What Do Cryptocurrency And AI Have In Common?

Cryptocurrency and blockchain technology as part of a great digital revolution which is currently underway. Technologies which enable Internet of Things (IoT) and Artificial Intelligence (AI) are all set to change the way we interact with each other and live our lives. AI is a broad term, but at its most simple it refers to […]

EU Calls for Malta to Toughen Up On Financial Crime

The European Union has called for growing Cryptocurrency Hub, Malta, to tighten its regulations when it comes to cryptocurrency-related crime. The calls come as a side product of a new report by the EU which advised on the spending of EU funds. According to this report, Malta has demonstrated that it may not be providing […]

Dutch Exchange Goes Bust After STO Flop

A Dutch exchange platform called Blockport has had to close its doors due following a dreadful Security Token Offering (STO). Blockport’s plan was for the STO to raise a total of €5 million, but it didn’t work out like as the STO was a massive flop and failed to even break the €1 million threshold […]

What are the Pros and Cons of Cryptocurrency Investment?

The rise in the value of cryptocurrencies over the past decade has attracted a growing of international traders, investors, and speculators. This entire decentralized financial ecosystem which is based on blockchain technology looks exciting, and it is indeed, but can cause disappointment when not properly understood. All over the world, governments, agencies, and corporations are […]

Binance Announce 13 New Incubation Projects

Binance Labs, the wing of Binance who focus on investment, has detailed 13 new projects that will graduate from its incubation program. This starts the season two of their incubation program that started last year. The aim of the program is to assist blockchain startups to make the next step by providing funding and training […]

FBI Calls for Information From QuadrigaCX’s Users

The Federal Bureau of Investigation in the US, better known as the FBI, are calling for users of the now-defunct QuadrigaCX to come forward to provide information about their experiences. It has been a while since the name QuadrigaCX has popped up, having previously been a hot topic for months for all the wrong reason. […]

Is Binance About to Launch A GBP Stablecoin?

It appears that the world leading cryptocurrency exchange platform, Binance are involved in the creation of a new British-Pound-centred stablecoin. This news came after a Twitter user, Crypto King, posted a tweet indicating the drop-in value of many of the existing options, calling for a “stablecoin that will remain stable”. In response to this, seemingly […]