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SuperFast Crypto News & Analysis

Binance CEO Says No Relation With Cloud Token

Aug 27, 2019
1 min

Binance CEO Says No Relation With Cloud Token

One of the largest crypto exchange in the world, Binance has recently been accused for having relations with well know pyramid scheme known as Cloud Token. On twitter, Alex Saunders recently tweeted with one image that CTO of the Cloud Token named Ronald Aai, claims that he is invited by Binance to become a panelist in Consensus event. He also asked Binance and Binance CEO Changpeng Zhao for clarification. Binance CEO immediately replied to the tweet and cleared that he is no

Binance Launches Crypto Lending Service - Earn Up to 15% While You Sleep

Aug 26, 2019
1 min

Binance Launches Crypto Lending Service - Earn Up to 15% While You Sleep

One of the largest cryptocurrency exchanges in the world by trading volume, Binance will launch crypto lending service for its users who hold idle digital assets. Earlier today on Aug. 26, Binance CEO Changpeng Zhao made people curious with his tweet. He twitted: Would you like to earn #crypto while you sleep? Keep an eye on @binance today. The above tweet made people excited and people started guessing about it. "What will Binance do today?" Many guessed it right as well. We

World's First Cryptocurrency Mobile SIM Card Wallet Launched

Aug 25, 2019
1 min

World's First Cryptocurrency Mobile SIM Card Wallet Launched

Telx Technologies introduced the first crypto SIM card wallet that enables transactions via SMS. According to the company's Medium post published on 22nd August 2019, the sim card enables customers around the world to send cryptocurrency transactions via SMS. Important thing to notice is that people do not required smart phone, internet connection, app or long wallet address’s. They can use ordinary mobile phones because the Telx SIM card works in any cellular connected devi

Crypto Mining Farms in China drowned out in flood

Aug 22, 2019
1 min

Crypto Mining Farms in China drowned out in flood

Thousands of miners destroyed and the damage of over 1 million yuan (~$140,000) for some miners is estimated due to massive flood in China. In China’s Sichuan province, Cryptocurrency mining farms have been flooded due to heavy rainfall. According to the report published by Chinese crypto media outlet 8btc on 21st Aug 2019, the damage of over 1 million yuan (~$140,000) for some miners is estimated. The heavy rainfalls in the region started from August 18, which has led to mas

Agra-Lucknow Expressway Toll Plaza Server Hacked, Hackers asked Ransom in Bitcoin

Aug 21, 2019
1 min

Agra-Lucknow Expressway Toll Plaza Server Hacked, Hackers asked Ransom in Bitcoin

After the hack, Thousands of dollar could not be transferred to the toll plaza account through fast tag. According to the report published by Indian local news agency News 18 on 20th Aug. 2019, Hackers hacked the toll plaza server of Agra-Lucknow Expressway in Fatehabad area. Now Hackers asking for a ransom in Bitcoin after the server was hacked. The server is still in control of hackers. Toll plaza has lost over $20000 due to the server hack. After the server was hacked, Tho

Binance Planning to Launch ‘Venus’ to Compete Facebook’s Libra

Aug 19, 2019
1 min

Binance Planning to Launch ‘Venus’ to Compete Facebook’s Libra

World's largest cryptocurrency exchange Binance is launching its independent blockchain project "Venus" to compete Libra. Binance has made an announcement today on August 2019, it is going to launch Venus coin because Binance has its presence in several countries and also has its own blockchain called Binance Chain. Binance believes that it will break the financial hegemony and reshape the world’s financial system with stable coin Venus. Binance is looking for partnerships

Samsung added Bitcoin support to its Blockchain Phones

Aug 14, 2019
1 min

Samsung added Bitcoin support to its Blockchain Phones

South Korean tech giant Samsung has integrated bitcoin (BTC) support on its blockchain-enabled smartphones. According to the recent update on the Samsung Developers website, decentralized app store, Blockchain Keystore now supports Bitcoin as well as Klaytn. Klaytn is the cryptocurrency released by the Korean internet behemoth Kakao. Samsung has quietly added Bitcoin support after the Galaxy S10 range was launched in March with a “Blockchain Keystore” offering cryptocurrency

Decisions on 3 Bitcoin ETFs again delayed by SEC

Aug 13, 2019
1 min

Decisions on 3 Bitcoin ETFs again delayed by SEC

The Securities and Exchange Commission (SEC) sets new deadlines for three Bitcoin ETFs to September and October The Securities and Exchange Commission (SEC) again postponed decisions on three Bitcoin Exchange Traded Fund (ETF) proposals as per documents published by the regulatory agency on Monday. Two ETFs were filed this year by Bitwise Asset Management under NYSE Arca and VanEck/SolidX under Cboe BZX Exchange, although neither of which has been able to make any process in

Reliance Jio will install one of the largest blockchain networks in the world in India

Aug 12, 2019
2 min

Reliance Jio will install one of the largest blockchain networks in the world in India

Reliance Industries Ltd (RIL) 42nd annual general meeting (AGM) At its 42nd annual general meeting (AGM), Reliance Industries Ltd (RIL) chairman and managing director Mukesh Ambani today announced that Reliance Jio will install one of the largest blockchain networks in the world in India over the next 12 months with tens of thousands of nodes operational on day one. Jio is setting up a pan-India Edge Computing and Content Distribution network starting with tens of thousands o

Bitcoin is becoming Safe Haven for Investors, Bitcoin may hit $15000 soon

Aug 12, 2019
2 min

Bitcoin is becoming Safe Haven for Investors, Bitcoin may hit $15000 soon

"Under the current circumstances, I believe the Bitcoin price could hit $15,000 within weeks” - Mr. Nigel Green According to the Chief Executive and Founder of deVere Group Mr. Nigel Green in recent article published by Coinrevert, The devaluation of China’s currency, currently showing growth in global financial markets, shows Bitcoin is now becoming a safe haven asset for investors. The Chinese currency yuan fell under seven US dollar on Monday which is the lowest in last 10

#IndiaWantsCrypto - Over 33,300 tweets with this hashtag

Aug 1, 2019
1 min

#IndiaWantsCrypto - Over 33,300 tweets with this hashtag

It show, how Indians are activity participating to support Cryptocurrency in India Today, We have noticed one tweet by the leading Crypto Influencer Pushpendra Singh. He and his team is maintaining all the data related to the hashtag #IndiaWantsCrypto. According to Pushpendra Singh, They are tracking each and every tweet Regarding Crypto regulations in India. Specially with the hashtag #indiaWantsCrypto. Their web services active 24*7. If anyone has deleted his tweets, then a

Leaving behind Bakkt, LedgerX become first to Launch Physical Bitcoin Future in U.S.

Aug 1, 2019
1 min

Leaving behind Bakkt, LedgerX become first to Launch Physical Bitcoin Future in U.S.

“It's official: we're live with retail trading on Omni!” officials confirmed. LedgerX become the first to launch physical Bitcoin future trading. The U.S. Bitcoin Derivatives provider LedgerX officially launched it and become the first one to do in the U.S. market. LedgerX announced on social media on July 31st that its physical future offering is live on its Omni trading platform. “It's official: we're live with retail trading on Omni!” officials confirmed. LedgerX disclose

Government is examining the Crypto Ban Draft Bill and Report - Finance Ministry

Jul 31, 2019
2 min

Government is examining the Crypto Ban Draft Bill and Report - Finance Ministry

Minister of State in Ministry of Finance Mr. Anurag Thakur has replied to the questions asked in upper house of the parliament. On 23rd July 2019, Member of Parliament, Minister of State in Ministry of Finance Mr. Anurag Thakur answered to the question asked by Member of Parliament, Rajya Sabha Mr. R. K Sinha on law for banning usage of crypto currency. Four questions asked by Mr. Sinha, a) whether Government has taken notice of the growing popularity of crypto currency Ans.

Income Tax Notice to Indian Crypto User

Jul 31, 2019
2 min

Income Tax Notice to Indian Crypto User

Indian crypto user received an IT department notice asking 26 questions Indian crypto user received an Income Tax notice dated 22nd July 2019 from the office of the Deputy Director of Income Tax (Investigation) - 1. Person who received the notice, required to go to the IT office with the document or evidences. He may also send details through post and email as well. The Income Tax Notice was shared on twitter by IndiaBits on 30th July 2019. Details of the notice receiver was

Cryptocurrency Mining is now Legal in Iran as Industrial Business

Jul 29, 2019
1 min

Cryptocurrency Mining is now Legal in Iran as Industrial Business

Iran is looking crypto as a solution to the devitalising economic sanctions that have been imposed by the U.S. on Iran According to the report published by IIDO owned Mehr News Agency on 29th July shows that the decision was taken by the Iranian Government this weekend, during a cabinet session headed by Iran's President Hassan Rouhani. Now cryptocurrency mining is officially legitimate and the people or companies involved in such activities will have to take a license from I

Supreme Court might go with recommendations of Crypto Ban by the Committee formed by the Government

Jul 26, 2019
2 min

Supreme Court might go with recommendations of Crypto Ban by the Committee formed by the Government

Crypto matter was listed for hearing next month on 2nd August 2019, Now the tentative date for hearing is changed to 30th July 2019. After 29th March 2019, Crypto case was listed for hearing on 23rd July 2019, but it was not taken up for hearing and listed for hearing on 24th of July, then 25th of July. On both the dates also case was not taken up for hearing and now it is listed for hearing on 30th July 2019. Crypto matter was listed for hearing next month on 2nd August 2019

Officially Confirmed - Committee Report Recommend Ban On Cryptocurrency in India

Jul 23, 2019
2 min

Officially Confirmed - Committee Report Recommend Ban On Cryptocurrency in India

Department of Economic Affairs, Finance Ministry, Government of India published a press release and Crypto Report submitted by Committee. Today on 22nd of July 2019, Department of Economic Affairs, Finance Ministry, Government of India published a press release and also published a Crypto Report submitted by Committee to the Government of India. Department of Economic Affairs shared few points in the press released regarding the Virtual Currencies and Distributed Ledger Techn

Bakkt Bitcoin Futures platform launching today

Jul 22, 2019
2 min

Bakkt Bitcoin Futures platform launching today

Bakkt Platform will start in a test mode today and by the end of the third quarter, full launch is expected. The most awaited Bakkt platform is expected to launch its deliverable Bitcoin futures in a test mode today on July 22, 2019. And they are planning to launch the platform for the commercial operation by the end of the third quarter this year. Intercontinental Exchange is an American company that owns exchanges for financial and commodity markets, and operates 12 regulat

Bitcoin is not Ban in India yet - Finance Ministry, Government of India

Jul 21, 2019
2 min

Bitcoin is not Ban in India yet - Finance Ministry, Government of India

Minister of State Finance Ministry Mr. Anurag Singh Thakur replied to the question asked on prohibition of crypto currency in the country There is an important update coming from India regarding cryptocurrency ban in the country. There were rumours going around that Government of India has banned the cryptocurrency. But as per the latest update dated 16 July from the Finance Ministry Government of India, Cryptocurrency is not yet ban in the country. Finance ministry submitted

XRP at its lowest, Next move? Is it the right time to enter ?

Jul 12, 2019
1 min

XRP at its lowest, Next move? Is it the right time to enter ?

XRP Technical analysis , XRP Forecast, XRP Price Update XRP is at its lowest since November 2017 in USD and Bitcoin as well. The main Support is around 2650 & 2500 Satoshi. If we consider Feb Retracement & Ichimoku cloud indicator, overall situation not looks good for XRP. If we consider overall situation and risk & rewards from this point and if you enter at this point, you may lose upto 25 % - 50% of capital from here but if we consider a mid to long term rewards, price ma

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