Cryptoknowmics
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At Cryptoknowmics, we aim to be the biggest media platform in the crypto niche and serve our readers with the latest news, updates and information in the crypto world.
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Ripple Announces the Rebranding of Its Two Products

Major crypto exchange Ripple has recently announced some major changes in two of its products. The two products, Xpring and Ripple for Good, have been re-branded as RippleX and Ripple Impact. This has been revealed by the exchange through its blog post on October 05, 2020. Not only this, but...

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Singapore Banks to Develop Blockchain-Powered Digital Trade Registry

Singapore banks have teamed up to develop its own blockchain-powered digital trade registry serving as central databases to access trade transaction records. The trade registry platform integrates blockchain technology to drive transparency, elimination of trade frauds, including duplicate financial transactions. Led by banking giants such as DBS Bank and Standard...

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PBOC Processes $162M Worth of Digital Currency in Pilot Transaction

People's Bank of China (PBOC) has just processed 1.1 billion Yuan ($162 million) worth of digital currency in its pilot transactions. Fan Yi Fei, the deputy governor of the bank, has revealed this at the virtual conference organized by SWIFT. According to him, 3.13 million transactions have already been processed...

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FCA Aiming to Ban Bitcoin-Based Products for Retail Investors

The Financial Conduct Authority (FCA), has said that it will ban the sale of Bitcoin-based products for the retail investors. The reason behind it is that most of the people lose their money on digital assets like Bitcoin. According to the announcement, this ban will come into effect from January...

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French City Tries Blockchain Votes on a Road Planning Project

After several decades of planning and administration, France’s Yvelines region decides to try out blockchain voting within its own administerial plans. Local inhabitants of Verneuil-sur-Seine, in Yvelines, France uses the Tezos blockchain platform to vote on a 60-year-long road project. The voting lines are open between October 1 and October...

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A hard fork does not follow the process of backward compatibility and is known to impact the cryptocurrency price not merely based on uncertainty. As I have already mentioned the example of Bitcoin Cash in being the best forking example.

To read more: https://bit.ly/2HTH7yi

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Chris Larsen Might Leave the U.S. For Favorable Regulatory Environment

Chris Larsen, co-founder and executive chairman of Ripple Labs, is planning to move the business out of the U.S. It is revealed that Ripple Labs might move its headquarters overseas due to the regulatory difficulties faced by the firm in the crypto industry in the U.S. He is looking for...

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Google Cloud Joins EOS Blockchain Network

Google Cloud joins forces with EOS as a block producer node for the EOS blockchain network. In its official statement online, Google published: “Google Cloud has partnered with Block.one and will become a block producer candidate to provide infrastructure in support of the EOS network, which is built on the...

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Brave Browser Now on Tor Onion Network, Available From the Dark Web

The Crypto-friendly Brave browser is now available on the Tor onion network, a popular browser used to access the dark web. Users of Tor can now access Brave web pages directly from the dark web itself. Initially integrated into the Brave browser since 2018, Tor also runs some of the...

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Glassnode Claims Ethereum Hash Rate Hits an All Time High

Glassnode, an on-chain analytics firm, has recently published data stating that the Ethereum Hash Rate has reached an all-time high. There were more than 250 terahashes per second (TH/s) which is considered to be extremely rare. Since January 2020, there has been a rise of 80% and this high is...

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MetaMask Dips Into DeFi By Offering Token Swaps

Popular Ethereum-based crypto wallet MetaMask has entered the DeFi space by featuring swap tokens directly from their wallet. Following Uniswap’s footsteps, Metamask users can now use the token swap feature from their browser-based wallet. Initially, it will be rolled on Firefox browser extensions, with later moving on moving to other...

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Lemonway Partners With Ripple to Facilitate International Euro-to-Euro Payments

Lemonway, a European payment solution firm, has entered into a partnership with Ripple to utilize RippleNet. This will help the firm to facilitate the international Euro-to-Euro payments for the customers of the firm. The firm has also announced recently that it is rebranding two of its products and not only...

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SBI Liquidity Market Acquires All Shares of TaoTao

SBI Liquidity Market, the foreign exchange and derivatives arm of SBI, has recently announced that it has acquired all the shares of TaoTao. With this announcement, it is clear that the firm is now having two licensed crypto trading platforms on its platform. With this acquisition, TaoTao has become the...

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Symbol Plans to Host Whisky Fund and Lithuania Central Bank Collectibles at Launch

Symbol (XYM), an upcoming enterprise and a security token-focused blockchain company, plans to host a whisky token and Lithuania’s central bank collectible tokens at its launch. NEM Blockchain Behind Symbol The team behind Symbol is proof-of-stake blockchain NEM (XEM). NEM is gearing up for its upcoming token migration that’s going...

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Trump Cancels $2.4T COVID Relief Proposal As Regulators Seeking Clarity

Donald Trump, President of the U.S., has announced his decision on the $2.4 trillion COVID relief proposal. He agreed for a $1.6 trillion package, however, the Speaker Nancy Pelosi did not agree to the offer and it got rejected. It has been noticed that this announcement by Trump has caused...

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Gold Standard Banking Launches G999 DLT Ecosystem for Easy Crypto Transactions

German’s leading software and blockchain group, GSB Gold Standard Banking Corporation AG (GSB), launches a new DLT ecosystem that makes cryptocurrencies transactions easier and faster. In an international press conference, Josip Heit, Chairman of the Board of Directors of GSB, presented the unique electronic money system "G999", a card device...

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Bill Barhydt is Bullish About Bitcoin Due to Technical Factors

Bill Barhydt, CEO of cryptocurrency investing app Abra, seems to be quite bullish about the largest cryptocurrency, Bitcoin, even when most of the traders are turning bearish. He is highly bullish about Bitcoin due to numerous technical and macro factors.  In a Twitter thread, Barhydt had mentioned Bitcoin of having...

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Venture Capitalist Tim Draper Backs Indian Crypto Exchange Unocoin

India’s cryptocurrency trading platform Unocoin has raised an undisclosed amount of funding led by venture capitalist Tim Draper with participation from XBTO Ventures, 2020 Ventures, and other crypto investors from the industry. Tim Draper has been an early investor in tech companies like Skype, Tesla, and Twitter. Wide Acceptance of...

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541 U.S. Congressmen Received Bitcoins in Crypto Education Campaign

Members of the U.S. Congress have received about $50 worth of freshly mined Bitcoins as part of a national crypto education campaign. The donation was made by the Political Action Committee (PAC) of the U.S. Digital Chamber of Commerce. An organization comprised of the nation's leading crypto and blockchain companies....

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Dash v0.16: More Privacy and Incentive Adjustment

Dash Core Group announced that the new software (client) is already active in the mainnet. Version 0.16 comes with improvements to the PrivateSend privacy function. Too an adjustment to the incentives for miners and masternodes. The chief technology officer, Bob Carroll, said in September 2020 that PrivateSend's code was refactored....

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