SoFi Get BitLicense To Run Bitcoin Trading Services In New York.

The New York State Department of Financial Services (DFS) has approved the application for virtual currency and money transmitter licenses for SoFi Digital Assets, LLC. Which a wholly owned subsidiary of Social Finance, Inc. According to a press released on December 3, California-based financial company SoFi hasacquired the BitLicense from New York State Department of Financial Services (NYDFS). SoFi is now one of 24 crypto-related companies that have acquired BitLicense since 2015. Also, Bloomberg Law’s crypto reporter Lydia Beyoud tweeted on her twitter account in the same day. In addition,…

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ADA Coin: Learn All About Cardano Coin.

What is Cardano? Cardano is a decentralized, blockchain based system, powered by the ADA coin, the cryptocurrency which runs on the Cardano platform. Much like Ethereum, it is a smart contract-based system and can be used to run Decentralized Apps (called DApps). But Cardano is a layered system which are, It has a separate layer which runs ADA exchange, and A separate one which runs the Smart Contracts. Cardano Developer Cardano was developed by Charles Hoskinson, one of the co-founders of Ethereum, and its development is funded by Input-Output Hong…

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Happy 11th Birthday, Bitcoin!

Today, Oct. 31, marks 11 years since the still-mysterious person or group. The white paper called “Bitcoin: A Peer-to-Peer Electronic Cash System” was published by elusive visionary Satoshi Nakamoto on Oct. 31, 2008. A revolutionary text Bitcoin, A Peer-to-Peer Electronic Cash System outlined a tamper-proof, decentralized peer-to-peer protocol that could track and verify digital transactions, prevent double-spending and generate a transparent record for anyone to inspect in nearly real-time. The protocol represented a cryptographically-secured system based on a Proof-of-Work algorithm in which Bitcoins (BTC) were “mined” by individual nodes for…

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