Archives
Binance Enters Domain Name with the Chinese Supervision
Cryptocurrency exchange corporation Binance has filed a domain name with the Chinese administration. Binance was found by Changpeng Zhao, a developer who had beforehand designed high-frequency exchanging software. Binance was originally located in China but later moved out of China due to China’s rising cryptocurrency regulation. The Ministry of Industry and Information Technology in China […]
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Cryptocurrency Receiving Massive Favor Amidst Inflation
Economic crisis had been one of the biggest challenge the pandemic had brought up. Almost all countries are suffering from it right now. It had caused massive damages to financial markets, stock markets, businesses and industries worldwide. Investors are now seeing an unclear future for the global economy. They are now looking for ways that […]
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N. Korean Hacking Group Attempts to Steal Cryptocurrency
North Korean hacking group, Lazarus, is said to be ratcheting up its attempts to seize cryptocurrency amid North Korea’s economic challenges due to the coronavirus pandemic and financial sanctions forced on the country. According to an April 27 press release from ESTsecurity, a cybersecurity firm established in Seoul, the Advanced Persistent Threats (APTs) hacking association […]
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Digital Yuan As An Alternative To Cash
The People’s Bank of China (PBoC) proposes to develop a digital currency to potentially shift the financial power away from any currency. China is eyeing to create its own version of cryptocurrency through Digital Yuan. The creation of the Digital Yuan is continuously developing for 5 years. China’s government expedites the process of launching its […]
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Coronavirus: Its Impact On Cryptocurrency Market
The impact of COVID-19 pandemic is felt no matter where you are on Earth. The crypto industry is one of the most affected sectors. Experts say that this is the time where the stock market experienced its worst days over the past decades. This pandemic gives no certainty on how the global economic space would […]
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