Karan Balwani

Karan is a writer who shares an undying passion for technology, books and pets. For the past 7 years, he has worked in Business Development and PR before discovering his love for the written word. He regularly posts on his blog (www.kbthewriter.wordpress.com) and is working on his debut novel.

38% Freelancers Use Cryptocurrencies
Cryptocurrency News

38% Freelancers Use Cryptocurrencies

According to a survey that was carried out by Humans.net, it was found that 38 percent of all freelancers in the United States use cryptocurrencies. Meanwhile, 24 percent have never heard about them before. Lastly, 41 percent of the participants were familiar with cryptocurrencies but that never used them. The survey …

Venezuela Converts Pension to Petro
Cryptocurrency News

Venezuela Converts Pension to Petro

Even though Venezuela’s Petro continues to be criticized on a global scale, it seems that the country is going all in to turn the currency mainstream. The oil-backed cryptocurrency is being forced onto the citizens of Venezuela who seem to have lost all confidence in Bolivar, the local currency. As …

Crypto Project Basis Shuts Down
Cryptocurrency News

Crypto Project Basis Shuts Down

Basis, the cryptocurrency project that once made headlines is shutting down. The company was previously known as Basecoin and had raised $133 million through venture capital earlier this year. The fund was intended to be used towards developing a stablecoin, a type of cryptocurrency whose price remains fixed and is …

Checking and Savings Account Launched By Robinhood
Cryptocurrency News

Checking and Savings Account Launched By Robinhood

Robinhood, the Menlo Park-based company has announced the launch of savings and checking account for its US customers. This announcement was made through a blog post by the company. Robinhood serves as a crypto trading platform and also offers stock trading as its flagship service. The company has promised to …

UAE and Saudi Arabia Launch Cryptocurrency
Cryptocurrency News

UAE and Saudi Arabia Launch Cryptocurrency

The United Arab Emirates’ Central Bank is working on a cryptocurrency in collaboration with the Saudi Arabian Monetary Authority (SAMA). This cryptocurrency is not meant for the general public but will be used to carry out inter-bank transactions. According to the report that was published by Gulf News, the local …

Binance Launches Blockchain Education Platform
Crypto Exchange

Binance Launches Blockchain Education Platform

While the world of cryptocurrencies is in turmoil, it hasn’t stopped the industry giants from expanding their services. Binance, one of the largest cryptocurrency exchanges in the world has launched Binance Academy. This latest offering from the crypto giant aims to raise awareness and educate people about the basics of …

CEX.IO Says No to Anonymous Crypto Trade
Crypto Regulations

CEX.IO Says No to Anonymous Crypto Trade

In an attempt to comply with the Fifth Anti-Money Laundering Directive in the European Union (EU), the United Kingdom’s CEX.IO has made it mandatory for its customers to reveal their identities. This development was announced through a press release. CEX.IO a self-regulated exchange was founded back in 2013. The only …

Only Two Bitcoin Miners Remain Profitable
Crypto Mining

Only Two Bitcoin Miners Remain Profitable

As the cryptocurrency market continues to experience a downfall, miners are struggling to make a profit. In fact, the situation has gotten so grim that people in China are selling their mining rigs by the kilo. Moreover, due to the constantly changing regulations and increases in the price of electricity, …

Israel Cracking Down on Crypto Tax Evasion
Cryptocurrency news

Israel Cracks Down on Crypto Tax Evasion

Israel’s tax-collection authority has shifted its focus towards cryptocurrency investors and traders in an attempt to curb tax evasion. According to Calcalist, Israel’s financial daily, the Israel Tax Authority (ITA) is undertaking strict measures to identify the people who are hiding their cryptocurrency investments as a way to save money …

Venezuela KFC Now Accepts Dash Cryptocurrency
Cryptocurrency Exchange

Venezuela KFC Now Accepts Dash Cryptocurrency

Following the footsteps of Subway and Papa John’s pizza in Venezuela, KFC has also started accepting payments in Dash, the cryptocurrency. KFC has said that this feature will be rolled out in Caracas, the Venezuelan capital before expanding it to 24 more cities. This development was reported by Forbes. Alejandro …