Bitcoin

Square Crypto Developing Bitcoin Lightning Network Development Kit

Max Moeller

Bitcoin is the number one cryptocurrency in the world. To anyone paying attention to the space, this should come as no surprise. However, it’s worth noting that despite this number one spot, there are still a few accessibility and scalability issues that the network is suffering from. One solution, proposed a while back, is the…

ripple

Ripple Partners With BitPay to Support XRP

Max Moeller

BitPay, a Bitcoin payment service provider based in the United States, is now accepting Ripple’s XRP cryptocurrency, reports CoinTelegraph. Users of BitPay’s wallet will now be able to store the asset within there. Speaking on the matter is one Bill Zielke, the CMO of BitPay, who had said: “With the addition of XRP, BitPay continues…

Venezuela Petro

Venezuelan President Approves Cryptocurrency-Powered Casino With State-Backed Petro

Max Moeller

The President of Venezuela plans to put out a cryptocurrency-powered casino that will work with the state-issued cryptocurrency, the Petro (PTR). The President, Nicolas Maduro, will be placing the casino at a hotel in Caracas, according to Bitcoin.com. At the casino, citizens will have to bet via Petro, though they can exchange a variety of…

Libra

Libra Association Forms Executive Group to Oversee Project

Max Moeller

The Libra Association, the group behind Facebook’s upcoming Libra stablecoin cryptocurrency, is putting together what it calls the Technical Steering Committee (TSC), to “bring a unique perspective and bring valuable domain expertise to the project,” reads Finextra. The TSC, made up of five elected members, would focus on building what they call a “technical roadmap”…

coinbase

Coinbase Adds Support for Cosmos (ATOM), Available Today

Max Moeller

Coinbase, the United States-based cryptocurrency exchange, is expanding its cryptocurrency support by bringing in the Cosmos (ATOM) token. According to an official blog post, the asset is available as of today, and users can buy, sell, and trade the asset on any platform they can access Coinbase on. The blog post defines Cosmos as the…

Apple stock

Apple Introduces Daisy Robot for Recycling of its iPhones

Ali Raza

Apple Inc wants to recycle electronics differently to encourage the recovery and reuse of minerals. According to the company, It wants to use robot technology that can disassemble its phone. The California-based firm stated that there is an increased global demand for electronics, which means that the electronics industry would need more mines. iPhone pursues…

Aave And Chainlink Provide New Flash Loan Option In Defi Market

Aave And Chainlink Provide New Flash Loan Option In Defi Market

Ali Raza

The Aave Protocol, a collateral-free DeFi lending platform, has launched on the Ethereum Mainnet on Wednesday. Aave offers support for 16 different forms of crypto, and now boasts full integration with the Chainlink oracle-provider Offering New Flash Loans Aave is a company based in the UK and offers various “flash loans” where a certain amount…

Derebit

Derebit Moving Operations to Netherlands in February

Max Moeller

Derebit, a Futures and Options Bitcoin Exchange, will be moving its operations from the Netherlands over to Panama due to new know-your-customer regulations that are coming into effect this year. Essentially, cryptocurrency companies are being forced to acquire a ton of information on their customers to comply with these regulations, which goes against what cryptocurrencies…

ripple

Ripple Partners With SCB Bank for Instant Payment Application

Max Moeller

The Siam Commercial Bank (SCB) has partnered with Ripple and it’s blockchain technology to “change the lives of over 16 million customers,” according to a press release from the company. Essentially, the SCB will work with Ripple to develop what they call SCB Easy – an app that runs on the Ripple blockchain to provide…

Hongqi Car Brand Plans to Produce 1 Million Cars by 2030

Hongqi Car Brand Plans to Produce 1 Million Cars by 2030

Ali Raza

China’s FAW Group is aiming to double its sales of the Hongqi car brand choice to 200,000 this year. In a statement made by the Group’s chairman, Xu Liuping, the company is also hoping to expand the production from 200,000 this year to about 1 million within the next ten years. Liuping mentioned in the…