A wait and see the scenario as Bitfinex announces a major Partnership with a London-based banking giant HBSC

On Saturday 6th October, the Block, through its lead analyst Larry Clement, announced Bitfinex’s success in obtaining a partnership with HBSC, a London-based banking giant with a net worth of approximately $133 billion. The report indicated that Bitfinex would be…

Coinbase and Bitfinex starts supporting SegWit technology for Bitcoin

Bitcoin traders can finally take advantage of long-awaited SegWit technology. Two prominent exchanges, Coinbase and Bitfinex, have started to support this promising technology that is expected to reduce transaction fees and improve transaction speed. Bitcoin, the most famous of the…

Bitfinex exchange and Tether under US Scrutiny, ING Confirms Bitfinex has an account with it

Author – Sam Reads The U.S. Commodity Futures Trading Commission (CFTC) sent the exchange a subpoena on 6th December last year. Wells Fargo ended its relationship with the digital currency exchange last year too. Bitfinex one of the largest crypto…

The Future of Bitcoin Looks Bright with the Arrival of SegWit on Bitfinex and Coinbase

SegWit, or Segregated Witness, is the soft fork change in Bitcoin’s transaction, which has also been applied on other cryptocurrencies such as Litecoin, Vertcoin, and Digibyte. It is a protocol improvement that improves and facilitates scaling. In this way, users…

Cryptomarket Dips as News of Subpoena from U.S. Regulators Threaten Bitfinex, Tether

Author – Mil , Asia Correspondent On January 30, a news article from Bloomberg reports that U.S. regulators have issued subpoenas in scrutiny of one of the world’s biggest cryptocurrency exchange. The United States Commodity Futures Trading Commission (CFTC) issued…

Can Crypto holders influence Indian Election in 2024? 

Recent years have seen a rise in the use of cryptocurrency in India—a digital money that runs without the need for a centralized authority. The emergence of cryptocurrencies in the nation has spurred concerns about how they may affect other…

Bitcoin Security Symphony: Bridging Hard Science with Social Science in Cyber Protection

Texas A&M’s Global Cyber Research Institute has pioneered a holistic approach, extending beyond technological innovation to encompass policy, business, and social dimensions.  This interdisciplinary initiative shows the importance of converging hard science and social science, a synergy notably evident in…

Grayscale Michael Sonnenshein Says That Spot Ethereum ETF is Inevitable – Could it Stand a Chance to Rival Bitcoin ETFs? 

Grayscale’s Michael Sonnenshein foresees a development – the approval and launch of a Spot Ethereum ETF. With this potential landmark event, the crypto market could witness Ethereum ETFs standing toe-to-toe with their Bitcoin counterparts.  So, Sonnenshein’s recent statements and insights…

South Korea-U.S. Crypto Talks on NFT Classification and ETF Approval

Key Highlights In an upcoming discussion between the head of the Financial Services Commission in South Korea and U.S. Securities and Exchange Commission Chair Gary Gensler in May, key topics include the classification of non-fungible tokens (NFTs) and the approval…

Bitcoin and Ether Spearhead Cryptocurrency Rally: A Surge to $2 Trillion Market Cap

In recent times, the cryptocurrency market has witnessed a significant surge, with Bitcoin, the leading digital asset, hovering around $52,000. This rally has been accompanied by the resurgence of Ether, the second-largest token, which has reclaimed its value from before…