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Dharma, the Blockchain lending firm raises $7 million

Decentralization of one of the most rapidly evolving corners of cryptocurrency is the dream of the San Francisco based startup Dharma. The company has raised up $7 million to shape the lending platform for the crypto investors and traders. In a press release on Tuesday 5th February, the information was released about their Series A […]

Chainspace acquired by Facebook

The social media enterprise Facebook has taken its first move by acquiring a small blockchain company, Chainspace, according to the reports published by Cheddar on 4th February. The company got acquired in an apparent acquihire, the process through which a company gets acquired majorly for the skills of the employees rather than the products or […]

SEC Wants ‘Specific Blockchain Data’

The US Securities and Exchange Commission (SEC) is after the most widely used blockchain ledgers for ‘an insight’. To make its search easier, the SEC has issued the sources-sought notice which clearly states that the regulatory body is ‘looking for firms offering specific blockchain data’. The press release says, “the SEC is seeking information for […]

Gambling With Cryptocurrencies: Stakes Are Getting High

From cold hard cash to cryptocurrency, the stakes are now higher in gambling. Cryptocurrencies are now being widely accepted in casinos around the world because its statelessness. Moreover, it is highly sought-after because its more suitable for cross-border transfers than fiat currency. Before the advent of cryptocurrencies, junkie organizers suffered exorbitant fees in arranging for […]

Australia A Step Closer to Legitimizing Crypto Assets

With 246 officially registered cryptocurrency exchanges, Australia is getting closer to legitimizing crypto assets. The registration process includes background checks and consideration of whether the concerned exchange presents a risk of money laundering. Cryptocurrency exchanges register have to register with the governing body, the Australian Transaction Reports and Analysis Centre (AUSTRAC). As per reports, the […]

Twitter CEO still have faith in Bitcoin

Bitcoin has seen a slow start in the market at the beginning of 2019. Not many people are positive about the impending of this currency. However, the Twitter CEO and co-founder of popular money transfer app Cash App, John Dorsey is still optimistic about Bitcoin and the influence it may have in the near future. […]