One of the greatest challenges of moving blockchain assets into mainstream use has been creating simple, efficient means to make purchases and trades. Centralized exchanges, despite their utility, suffer from a number of shortcomings, and have yet to prove themselves to be user friendly or secure. Basic swap services are now growing as popular alternatives…

The investigation into the failure of QuadrigaCX continues to reveal evidence of deception and mismanagement by the exchange’s operators. Ernst & Young, the court ordered auditor of Quadriga’s crypto holdings, has announced that cold wallets, in which most of the exchange’s deposits were presumed to be held, are empty. Also, the accounting firm has reported…

The issue of scalability is among the most significant, and controversial, issues across the crypto space. Bitcoin’s solution, the Lightning Network (LN), has now been available for over one year, and its use is growing rapidly. Nevertheless, it remains controversial, and competition is growing from rival platforms that offer alternate scaling solutions. The Lightning…

The United Nations Security Council has concluded that the North Korean government has been using cryptocurrency to evade international sanctions, and is behind a series of cyberattacks on Asian exchanges. According to the Nikkei Asian Review, which claims to have access to a soon-to-be-released report, North Korea may have as much as USD $670 million…

Welcome to the tenth edition of our weekly curated news article where we provide you with the widest possible overview of the most important events that have transpired in cryptocurrency and blockchain developments. We've made sure to analyze all of the news reports available on the internet and reviewed them for relevancy. This article is…

In a recent article, we talked about how Facebook’s CEO, Mark Zuckerberg, is planning to implement a blockchain-based login service for the social media platform. It now seems like Facebook is getting involved in the crypto market, since reports indicate that the social media giant is working on a digital currency to be used for…

The digital market has transformed tremendously over the years. Despite its unpredictable nature, individuals and corporations commensurably continue to take a keen interest in the cryptocurrency world. This is witnessed by the numerous periodic crypto merger deals being sealed. From increasing profits and customer base to reducing competition and overhead expenses, mergers have countless benefits. 2019 is particularly promising. Although…

Earlier this month, during an interview on CNBC, Warren Buffett reasserted his long-held criticism of Bitcoin as a legitimate asset. The financial mogul is one of many highly respected figures from the business and technology spheres to express reservations about cryptocurrencies, which often draws the ire and ridicule of advocates. Although Buffett, and his like-minded…

Multiple tech investors, including Ripple and Barclays, have generously spent $1.7 million to support SendFriend, which happens to be a remittance startup. Over the months, we have seen an array of crypto-based ventures in the remittance niche, but in the recent year, SendFriend is the latest and very reasonably funded project. Ripple has always taken a stance to facilitate…

One of the risks associated with cryptocurrencies, is their potential in being used as a tool for money laundering. Only an insignificant percentage of the market uses crypto for this purpose, yet there are growing concerns. With time, this has led to the creation of numerous regulatory frameworks meant to discourage crypto use for illicit activities like this, including…