Krasimir Buchvarov

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Krasimir has been following the development of blockchain technology for several years and is optimistic about its potential. He covers breaking news in the sphere, focusing on innovation, regulation, and the cryptocurrency market.
China Could Release a Digital Currency Before Facebook

China Could Release a Digital Currency Before Facebook

  • A team from the Bank of China‚Äôs Digital Currency Research Lab has been working on the project in a closed-door environment since early summer.
  • The development of China's digital currency has been hastened ever since Facebook announced its plans to create its own global cryptocurrency.
Closeup view of a handshake between business partners

Binance Boosts its Derivatives Offerings With a New Acquisition

  • Binance has acquired trading platform JEX in order to provide its users with services such as futures contracts, options and other derivative products.
  • The already existing JEX tokens will eventually be retrieved and burned in various forms, including trading commission deductions.
North Korea Denies Stealing $2 Billion Through Crypto Exchanges and Bank Hacks

North Korea Denies Stealing $2 Billion Through Crypto Exchanges & Banks

  • North Korea has denied the accusations and has claimed that the U.S. and "other hostile forces" have been spreading "ill-hearted rumors".
  • The DPRK statement is in response to a report presented to the U.N., claiming use of hacks with the purpose to raise funds for a WMD program.
European Central Bank Warns Facebook's Libra has a Deceiving Image

European Central Bank Warns Facebook’s Libra has a Deceiving Image

  • Yves Mersch warned that the new stablecoin could affect the banks' ability to set monetary policies.
  • He also warned that the stablecoin is highly centralized and accountable to shareholders.
Telegram's Blockchain Could Possibly Run Ethereum DApps

Telegram’s Blockchain Could Possibly Run Ethereum DApps

  • TON Labs is working on a Solidity compiler to allow dapps built for Ethereum to also run on the TON.
  • The compiler, which has been in testing since July, is only one of the tools that TON Labs is building in order to improve the TON ecosystem.
Telegram to Release its Token by October

Telegram to Release its Token by October

  • The first batch of the Gram cryptocurrency is expected by October of this year.
  • The code needed to run a TON node is to become publicly available on 1 September.
BitPAC Launches Politicoin ICO to Support U.S. House Candidate

BitPAC Launches Politicoin ICO to Support U.S. House Candidate

  • There will be no value associated with the token as it will be only for utility, but it will provide its holders with some sort of voting rights further down the line.
  • For now, BitPAC will be supporting only one candidate, Dan Bishop, a North Carolina State Senator.
Fortnite Aimbot Cheat is in Fact a Crypto-Stealing Ransomware

Fortnite Aimbot Cheat is in Fact a Crypto-Stealing Ransomware

  • When run, the cheat starts to encrypt the files on the player's hard drive and then deletes them if a ransom in crypto is not paid.
  • Researchers have already found two methods that can be used to decrypt affected files, without paying the crypto ransom.
Australian Securities Exchange to Bring a New Blockchain Platform in 2021

Australian Securities Exchange to Bring a New Blockchain Platform in 2021

  • The Australian Securities Exchange has signed a memorandum of understanding with Digital Asset and VMWare in order to work on a DLT initiative.
  • The support of an open-source smart contract programming language named DAML is also included in the memorandum.
Binance Will be Launching Cryptocurrency Lending This Month

Binance Will be Launching Cryptocurrency Lending This Month

  • Initially users will be able to lend ETC, USDT, and BNB, on which they can earn interest.
  • The new service will be available for subscription from 6:00 UTC on 28 August, and will last until 0:00 UTC on 29 August, on a first come first served basis.