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.

Cryptocurrency is Here to Stay - Edward Snowden
Cryptocurrency News

Cryptocurrency is Here to Stay – Edward Snowden

Edward Snowden, ex-CIA employee, and whistleblower has now taken the chance to share his thoughts on Bitcoin. Snowden has said that the flagship cryptocurrencies might face difficulties in the future. He says that Bitcoin might lose its relevance, while altcoins will become increasingly important. This news was a result of …

Reporter Could Face 20 Years in Jail If Convicted
Crypto Scam

Reporter Could Face 20 Years in Jail If Convicted

A former New York Times journalist has been found to be the mastermind behind a multimillion-dollar scam. Jerry Ju Guo, a 31-year old graduate from Yale University was arrested by the police in Puerto Rico on grounds of wire-fraud. It is speculated that Guo ripped start-up out of $3.5 million. …

Crypto Miners Sold By the Kilo in China
Crypto Mining

Crypto Miners Sold By the Kilo in China

The mining operators in China are selling off their hardware by weight instead of per unit price. This is due to the bearish run of the cryptocurrency market, which has observed another steep drop in the price of Bitcoin and other cryptocurrencies. The news about this selling off was reported …

Bitex Crypto Exchange Launches in UAE
Cryptocurrency News

Bitex Crypto Exchange Launches in UAE

Bitex officially launches its cryptocurrency exchange in the United Arab Emirates. The exchange plants to support Bitcoin core, Bitcoin Cash, Ethereum and Litecoin for its initial run. The exchange has also announced its plans to provide a cryptocurrency wallet which comes with a cash deposit service. Monark Modi, CEO, Bitex …

Spain Investigates 15000 Crypto Investors
Cryptocurrency News

Spain Investigates 15000 Crypto Investors

The Ministry of Treasury in Spain is looking to crack down on tax evasion and money laundering. The government body has identified around 15,000 cryptocurrency investors and is monitoring them for any suspicious activity. The ministry wants to ensure that investors are paying taxes on their capital gains achieved from …

SEC Issues Final Warning to Crypto Companies
Cryptocurrency News

SEC Issues Final Warning to Crypto Companies

Preston Byrne, the founder of Monax and Attorney at ASI recently talked about the SEC excluding the United States from the rapidly growing ICO market. He talked about the risks that companies face when failing to register with the SEC when conducting an ICO in the US. In case of …

Coinbase Loses Chief Policy Officer
Crypto Exchange

Coinbase Loses Chief Policy Officer

Coinbase, one of the largest cryptocurrency exchanges in the world has recently lost its head of policy decisions. Michael Lempres quit his job at the cryptocurrency exchange amidst increasing tensions between the crypto industry and the government. Lempres was working in the capacity of legal chief before being promoted to …

Saudi Arabia Plans to Launch Own Crypto in 2019
Cryptocurrency News

Saudi Arabia Plans to Launch Own Crypto in 2019

In 2018, we witnessed multiple countries issuing their own cryptocurrencies. While not all rollouts are successful implementations, it has done little to discourage nations. Even though Venezuela’s Petro is a failure, it hasn’t stopped countries like Saudi Arabia to consider cryptocurrencies. Recently, it was announced that Saudi Arabia will be …

Huobi Makes Communist Party Committee in China
Blockchain News

Huobi Makes Communist Party Committee in China

The Huobi Group has recently created a Communist Party committee. This is made it the first blockchain company in China to do so. This news was reported by the South China Morning Post. The Communist committee was created through Beijing Lianhua Information Service, a subsidiary of Huobi that was registered …

N. Korea Announces Int’l Crypto and Blockchain Conference
Cryptocurrency News

N. Korea Announces Int’l Crypto and Blockchain Conference

North Korea has announced the launch of an international blockchain and cryptocurrency conference. Given the overall private stance that North Korea has held towards the outside world, this comes as a surprise. Although, the nation has taken steps to improve its ties with neighboring countries. It seems that this conference …