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.

SEC Launches Fintech Hub for Crypto Startups
Cryptocurrency News

SEC Launches Fintech Hub for Crypto Startups

The Securities and Exchange Commission (SEC) of the United States has announced its plans for a fintech hub. This portal will allow the governing body to interact with companies who are engaged with blockchain, artificial intelligence and more. The portal launched on October 18, 2018, and is called FinHub. It …

Class Action Lawsuit Issued Against MGT Capital
Crypto Scam

Class Action Lawsuit Issued Against MGT Capital

Pomerantz LLP, a law firm hailing from New York has filed multiple civil suits against MGT Capital Investment. The suit was filed against MGT and its executive offers on account of its past and present customers. It is alleged that between 9 October 2015 and 7 September 2018, the company …

Civil Issues Full Crypto Refunds
ICO News

Civil Issues Full Crypto Refunds

Ever since the Civil Media Company talked about its decision to sell $8 million worth of cryptocurrencies, there was a lot of doubt in the market regarding the company’s abilities. Their concern wasn’t unfounded as the company was unable to achieve their ICO goals. Civil was planning to use the …

BNB Token is Taking Over The Crypto Industry
Crypto Exchange

BNB Token is Taking Over The Crypto Industry

The success of the cryptocurrency ecosystem can be tied to cryptocurrency exchanges. Most users and investors prefer cryptocurrency exchanges as an entry point into the world of cryptocurrencies. These exchanges function like big businesses and hence the fierce competition among them. Ever since the boom in cryptocurrencies, exchanges like Coinbase …

India Sees Another Cryptocurrency Fraud
Crypto Scam

India Witnesses Another Cryptocurrency Fraud

Even though cryptocurrency trading and ICOs are banned in India, the number of scams from the country do not seem to come at a halt. A year-old cryptocurrency case has come to a standstill. The investors have refused to testify against the accused. Another issue that this case is facing …

OKEx Lists Four Stablecoins
Crypto Exchange

OKEx Lists Four Stablecoins

OKEx, the world’s third-biggest exchange by market cap has made an interesting announcement. The exchange has unveiled four stablecoins on its platform. This news was revealed through an official blog post that was published on October 15, 2018. OKEx adds support for TruseUSD (TUSD), USD Coin (USDC), Gemini Dollar (GUSD) …

Coinbase Opens Office in Dublin
Crypto Exchange

Coinbase Opens Office in Dublin

Coinbase, the digital currency exchange has opened its new office in Dublin, Ireland. The exchange is backed by BBVA, the Spanish bank, and the New York Stock Exchange. It has over 20 million users that utilize this platform to trade their digital assets. The new office comes 18 months after …

Bithumb Sell Stake in Exchange for $350 Million
Crypto Exchange

Bithumb Sell Stake in Exchange for $350 Million

South Korea’s premier exchange Bithumb has sold up to 40 percent of their shares to a blockchain association. This move seems to be an attempt to regain the company’s strength in the Asian market. The deal closed at 400 Billion Won (about $350 million USD). Interestingly, this represents 38 percent of …

Crypto Mining Church Asked to Pay More for Electricity
Crypto Mining

Crypto Mining Church Asked to Pay More for Electricity

There is an ongoing debate across the world for charging a higher price to institutions who are using electricity for cryptocurrency mining. The outcome of a court case in Russia is looking to change the profitability of cryptocurrency mining. A church in Irkutsk has been asked to pay higher fees …

Hackers Exploiting Flash Updates for Cryptojacking
Crypto Hack

Hackers Exploiting Flash Updates for Cryptojacking

It was recently revealed that hackers have found yet another way to mine cryptocurrencies. Reportedly, they are employing fake Adobe Flash updates to install cryptocurrency mining malware on networks and user’s computers. This results in severe losses, a significant drop in system performance and increased electricity bills for the affected …