Australian Government Publishes Update on Cryptocurrency and ICO Rules

Australian Government Publishes Update on Cryptocurrency and ICO Rules Australian Government Publishes Update on Cryptocurrency and ICO Rules The Australian Securities and Investments Commission (ASIC) has published an update on how it intends to regulate crypto-related businesses and initial coin offerings (ICOs). In this guideline, the financial regulator outlines requirements that need to be followed for cryptocurrency…

Crypto lender BlockFi Adds Gemini Dollar Stablecoin Support

BlockFi Adds Gemini Dollar Stablecoin Support Crypto lender BlockFi is rolling out support for the gemini dollar (GUSD) stablecoin, claiming an expected initial annual percentage yield (APY) of 6.2 percent for non-U.S. customers. Founded in late 2017, BlockFi is a U.S.-based startup company that issues loans backed by various cryptocurrencies to its users. This practice allows users…

Founder of Defunct Cryptopia Launches New Crypto Exchange

Founder of Defunct Cryptopia Launches New Crypto Exchange The founder of defunct cryptocurrency exchange Cryptopia, which entered liquidation following a hack in January 2019, has launched a new exchange called Assetylene. The LinkedIn employment history for the founder of the failed New Zealand exchange, Adam Clark, indicates that he’s been working on Assetylene since September 2018, which is…

6 Ways Blockchain Revolutionizes Digital Marketing

6 Ways Blockchain Revolutionizes Digital Marketing Blockchain technology is often associated with bitcoin and cryptocurrencies that are not only disrupting the financial sector but transforming the way various industries do business. Blockchain is a decentralized technology, which is considered to be the next huge wave in technology. It has everything documented and verified, allowing decentralized communication between different…

“VISA network could be run on just two mobile devices”

“VISA network could be run on just two mobile devices “VISA network could be run on just two mobile devices” Cryptocurrency temtum (TEM) and its Temporal Blockchain can now handle the average 1,700 transactions per second throughput of the VISA network, across just two Samsung S10 android devices, while the entire 56,000 TPS capacity of VISA could…

WeChat Plans to Stop Merchants From Transacting in Cryptocurrencies

WeChat Plans to Stop Merchants From Transacting in Cryptocurrencies WeChat Plans to Stop Merchants From Transacting in Cryptocurrencies WeChat, the #1 messaging app in China, is also widely used for cryptocurrency transactions. Recently, WeChat Payment has revised the “WeChat Agreement for Payment Service,” which involves the control and regulation of illegal transactions, including cryptocurrency transactions.…