What is Zcash and How is It Related to Bitcoin

Zcash is a peer to peer cryptocurrency like Bitcoin. Unlike Bitcoin, it’s sole priority is to focus on private, anonymous, and fungible transactions that Bitcoin can’t do. Zcash was forked out of Bitcoin and launched in October 2016, and it was previously known as Zerocoin. It is based on a special cryptographic protocol that shields a sender’s information, a receiver’s […]

Fireblocks provides an institutional-grade platform for a secured transfer of blockchain-based digital assets

Fireblocks, the New York-based digital assets security firm has simply accomplished its most significant examination carried out by Big Four firm Ernest &Young.  On the 19th of December,  a blog was released that Fireblocks,which provides an institutional grade platform for a secured transfer of blockchain  based digital assets,received the service organization control(SOC) 2 Type lol certification performed by EY. Corresponding […]

“The Dark Overlord ” and United Kingdom national member has been extradited to the United States to face charges

On the 18th of December, the Department of Justice announced the charges relates to the purported theft of sensitive information from companies in the St Louis area and also threats to release this information unless a ransom was paid in BTC(bitcoin). 39 Years Wyatt  Nathan begged  not guilty to  being charged for aggravated identity theft, who threatened to destroy a […]

Draft bill to bring regulatory clarity to the crypto industry in the U.S

According to a Forbes article published on December 19,  an Arizona Congressman,Paul Gosar has introduced a draft bill, which aimes at ultimately bringing regulatory clarity to the crypto industry in the U.S..The Crypto-Currency  Act of 2020 points out which Federal agencies should control each type of cryptocurrency assets. Three flavors of cryptocurrency asset One of the main things that the […]

XRP raised over two hundred million dollars ($200 million) in a new funding round

Ripple, The third biggest altcoin by market cap and the blockchain payments company behind XRP, has raised over two hundred million dollars($200 million) in a new funding round. The company announced on December 20, led by closed-ended investment firm, Tetrgon, the new Series C funding round  was additionally joined by Ripple’s main Japanese partner SBI Holdings and ventures capital company […]

Bitfinex’s current developments and partnership

This month, december has witnessed a lot of Bitfinex’s developments, with the exchange and cryptocurrency store Bitrefill partnered to enable the trading podium’s customers to shop with Bitcoin (BTC) over the Lightning Network. The partnership will enable customers to purchase over 2,000 numerous prepaid vouchers with Bitcoin(BTC(. The vouchers will cover the costs of products and services useful to entertainment, […]

Tencent’s partnership with blockchain-based e-commerce project

Tencent, the operator of Chinese social media app WeChat has partnered  with the world’s largest Diamond mining firm on a new blockchain based e-commerce project.  According to a blog on the 16th of December, Tencent and Alrosa will launch a new diamond focused retail mini program targeted at WeChat’s one billion active users, together with blockchain platform Everledger. With a […]