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Binance To Register $1 Billion Net Profit In 2018, Says CEO
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Binance To Register $1 Billion Net Profit In 2018, Says CEO

Binance, which is the leading Crypto Exchange in trading volumes in the world, has announced it will be expecting a $1 billion net profit by the end of this year. The First Half Revenues The first half revenues for Binance have already been reported to be in the regions of $300 million, while the number…

Another Lawsuit Leveled Against Ripple
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Another Lawsuit Leveled Against Ripple

A new lawsuit has been filed against Ripple and its CEO Bradley Garlinghouse at a court in California. The plaintiff in this case David Oconer is seeking to have Ripple termed a security. He has insisted that the token should be classed as a security with respect to the way Ripple has been managing and…

Binance Creates Secure Asset Fund
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Binance Creates Secure Asset Fund

Binance is in the process of establishing a secure asset fund in a move to protect its users. Binance, which by volume is the largest Crypto exchange in the world, decided on this as a measure in response to the trading suspension and unscheduled maintenance caused by irregular trades. Secure Asset Fund for Users The…

Supreme Court Upholds India’s Crypto Exchange Bank Account Ban
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Supreme Court Upholds India’s Crypto Exchange Bank Account Ban

India’s Supreme Court has upheld the ban which the RBI i.e. the Reserve Bank of India, had put barring lenders from dealing with cryptocurrencies. The Supreme Court’s Ruling The court has ruled that the ban which prohibits banks and other financial institutions from offering any services related to cryptocurrencies will stand, which has effectively outlawed…

Bitcoin Prices Improve As Market Recovers
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Bitcoin Prices Improve As Market Recovers

Bitcoin continues in its upward trajectory when it comes to the current pricing. Within the past two days, Bitcoin has experienced two price spikes with each spike surging the price by up to 400 dollars. Other Cryptocurrencies On The Upward Trajectory As Well Other Cryptocurrencies also experience this upward trend in pricing in the digital…

Satoshi Nakamoto’s Tell-All Book
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Satoshi Nakamoto’s Tell-All Book

The identity of Satoshi Nakamoto, pseudonym of the Bitcoin creator, may soon be revealed in a tell-all book whose excerpts appeared on a website dubbed the NakamotoFamilyFoundation.org. The twenty-one-page excerpt was posted on the site which has been said to have been purchased a mere three days before the posting via the domain registrar of…

Bithumb Recovers Part Of Stolen Crypto Coins
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Bithumb Recovers Part Of Stolen Crypto Coins

Bithumb, the South Korean Cryptocurrency exchange that was hacked a few days ago has claimed to have recovered over $14 million of the stolen funds. This comes after the exchange lost close to $31 million in the hacking incident. Steps Taken By Bithumb After The Hack The hacking incident that happened just over a week…

France Joins The Push For Extradition Of Cybercrime Suspect
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France Joins The Push For Extradition Of Cybercrime Suspect

France is the latest country to seek for the extradition of Alexander Vinnik to France to face cybercrime charges, in an ever-increasing number of extradition requests. Suspect Accused Of Cybercrimes Greek authorities have reported that France is looking to also prosecute Alexander Vinnik for several crimes including extortion, cybercrime, membership of a criminal organization and…

ING Bank Survey Shows Crypto Interest Will Increase In The Future
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ING Bank Survey Shows Crypto Interest Will Increase In The Future

The latest consumer economic report has shown that the popularity of Cryptocurrency will double in the near future. The ING Consumer Economic Report The research conducted on behalf of Dutch banking giant ING Bank B.V by a research company IPSOS was carried out to discover just how well Cryptocurrencies have been received throughout Europe, Australia,…

Japan’s Finance Minister To Change Taxation On Crypto Income
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Japan’s Finance Minister To Change Taxation On Crypto Income

Taro Aso, Japan’s Minister of Finance and who is also the deputy Prime Minister, wants taxation on the Crypto economy revised and changed. Change In Classification Of Crypto Transactions Aso has voiced this opinion, at the Upper House Budget Committee meeting held today. He has also opined that the Crypto transactions be taxed as a…

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