Suzat

Suzat Fernandes is an entrepreneur, with a variable experience in customer relationship management, inbound marketing, Learning Management Systems (LMS), eLearning content development and overall training strategies. She is an experienced and creative content writer and she takes content marketing initiatives to the next level. She is writing cryptocurrency and blockchain news, weekly blog posts, whitepapers, eBooks, datasheets, presentations, and more. She possesses experience in using compelling copy to educate the market on product offerings and industry information.

Bitcoin Falling to $6K and still be bullish

Bitcoin (BTC) could crash to $6,300 or lower and still not disturb the long-term trend and remain bullish. On June 26, one trader declared as the largest cryptocurrency tested $9,000 support. In a Twitter analysis, the popular trader SteveCrypto offered an option to the bearish viewpoint coming from markets this week. A …

NY DFS to Pair Companies With ‘Guardians’ for a Conditional BitLicense

The New York State Department of Financial Services or NY DFS, is proposing a “Conditional BitLicense” framework to amend its controversial BitLicense regulation introduced in 2015, that would help smaller companies be regulated.  In a petition for comment released on June 25, the regulator details its amended approach to issue conditional BitLicenses. This license …

PayPal Rumoured to be Developing a BTC Service with a built-in wallet function adds to the credibility of BTC

Bitcoin (BTC) support is coming to PayPal, causing traders to reassess the likelihood of a BTC price bull run and Venmo may be just a rumour, But some of the cryptocurrency’s best-known names are turning bullish. As the news popped that the payment processor was supposedly planning crypto buying and …

NZ Authorities Seize $90M From Russian Computer Genius Alexander Vinnik

New Zealand police have seized $90 million connected to the case against suspected Bitcoin money launderer Alexander Vinnik. According to Jared Savage at the New Zealand Herald, the police Asset Recovery Unit has frozen roughly 140 million NZD ($90 million) controlled by a company in connection to the investigation of Vinnik.  …

UNICEF Cryptocurrency Fund Announces a Huge Investment Of 125 ETH in Developing and Emerging Economies

On June 19, 2020, eight technology companies from seven different emergent economies will receive an investment of 125 Ethereum (ETH) cryptocurrency from the UNICEF Cryptocurrency Fund, to improve prototypes, pilot, or scale their technologies over six months: Afinidata, Avyantra, Cireha, Ideasis, OS City, StaTwig, Somleng and Utopic. UNICEF’s crypto-enabled investment vehicle …

Wirecard-The Major Crypto Debit Card Issuer Reportedly Missing $2.1B in Cash

A German major fintech company, Wirecard which is responsible for issuing several crypto debit cards, including Crypto.com’s, has fallen into controversy as some of its employees appear to have defrauded the company, by allegedly misrepresented over $2 billion in cash reserves. On June 18, the Financial Times reported, auditors from Big …

IRTI Partnered with Samsung-Backed Blockchain Technology Firm to Develop Blockchain-Based Credit Management System for Arab Bank

The research arm of Suadi Arabia’s Islamic Development Bank Group is striving to develop a blockchain-based smart credit management platform. This credit enhancement system will reduce the risks associated with credit financing to businesses and consumers through the use of new economic incentive models and advanced implementations of hybrid blockchain …

Crypto Exchange Coinbase Continuing to Explore Support for 18 New Digital Assets For Customers

Coinbase, the largest cryptocurrency exchange in the United States has announced the exchange is considering offering support for 18 new digital assets including VeChain, Synthetix and DigiByte, but did not give a timeline for listing these assets. According to a blog post from Coinbase, the Coinbase is exploring support for Aave …

Coinbase Exchange Experienced an Outage Due to 5x Traffic Spike During the BTC Surge

Coinbase, the largest cryptocurrency exchange in the United States said its autoscaling couldn’t keep up with a huge 5x traffic spike experienced during a Bitcoin price surge to $10,000, that left many users unable to log in on June 1. On June 6, a blog posted by Coinbase software engineer Michael de …

Russia Leads Global BTC Trading Volumes on LocalBitcoins in 2020

Russia is strengthening its leadership on major peer-to-peer exchange LocalBitcoins in the share of Bitcoin (BTC) trading volumes, amid local crypto regulation uncertainty. According to an analysis by crypto media startup CryptoDiffer, Russia has traded the most Bitcoin on LocalBitcoins exchange for two consecutive months, April and May 2020.  LocalBitcoins Volumes  Per the data, …