Latest Evants News

The Bitcoin-based Amazon payment facilitator, Purse.io, on April 16, 2020,  notified  its users via email that after providing services for six years, now it is shutting down the business. The company, while thanking its customer , stated, “ We've made the very difficult decision to dissolve the company. We're grateful for the opportunity afforded by our supporters to build products and infrastructure for the cryptocurrency community .” Purse.io Provided Discount To Amazon Buyers Purse.io was introduced into the market in the year 2014 to offer a discount to those Amazon users who would pay their bill in Bitcoin. To do so, the Amazon payment facilitator would first select the parties who wanted to sell their Amazon gift cards, then link them with Bitcoin-wielding buyers.    On April 16, 2020, the site closed its sign-up feature and also banned any new entry on it. In its announcement, the platform mentioned that if there is any ongoing order or withdrawals...

Jason Appleton , Crypto Crow of the cryptocurrency industry , noticed that his account was banned from YouTube, and a day later it was restored. On April 08, 2002, Appleton tweeted about ban and stated that without giving any warning to him, YouTube banned his channel. He further pointed out, “No idea why my channel was hit with this. They really don't tell you anything. I'm crushed right now. I'm stunned. I feel I've done everything properly ”. The very next day of his tweet, i.e., on April 09, 2020, YouTube  restored  his channel. While expressing his joy Appleton tweeted that he is happy as his channel is back on YouTube. Appleton has around 81,000 subscribers on YouTube. YouTube Is Ramping Up Media Platform In December 2019, YouTube banned channels and accounts related to cryptocurrency. In March 2020, YouTube started ramping up the media platforms but after a few days, it lifted the ban imposed on those channels. A report suggested that Appleton account...

A   report   by CB Insights , a New York-based company, notes that the blockchain i nvestment in China's startups is increasing. The report highlights that in 2015, almost 50% of US-Based companies accounted for technology growth in blockchain. China was way behind by just 2%. However, now the equation yes changed. By the end of last year , data reveals that the blockchain use by startups fell to 31%, and in the same year China grew rapidly and solidify itself firmly in the blockchain technology department, with 22%. The co-founder and head of partnership at Upright , space revealed that China sees that for better understanding, tracking and insight of an individual's financial activity, blockchain is essential. The Chinese people started invested immensely in it ever since the president of China Xi talked about it. CB Insights Report Highlights The Impact Of Chinese President Declaration Referring to the same, the President of China mentions it as t he br...