About author: Aisshwarya Tiwari

A United States Court judge in Northern District of California has slapped down an investors motion to remand the class action suit against Ripple Labs on August 14, 2018. The case is now set to move to federal court. On the decision, Judge Phyllis J. Hamilton wrote that plaintiffs seek  “rescission of all XRP purchases, damages, and a constructive trust…

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The Winklevoss brothers seem to be unfazed by the recent rejection of their proposed Bitcoin ETF by the US Securities and Exchange Commission (SEC), as they continue to make inroads in the cryptosphere. The twin brother’s owned crypto exchange Gemini aims to double its employee count by December 2018. Lack of Regulations a Major Hurdle Although the market sentiment has…

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The crypto exchange plus investment platform GOEX launched on December 27, 2017, and has amassed a considerable following in a less than a year. The service offers participants an instant cryptocurrency exchange service with the best dynamic rates the market has to offer. Furthermore, the crypto exchange provides an integrated investment platform, which makes it easy to understand what makes…

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Much has been said about the massive potential of blockchain technology to revolutionize the world as we know it. Blockchain ensures a transparent, decentralized mechanism that could eliminate many of the problems being faced by corporate and government sectors. Several organizations are working to bring blockchain into daily industry operations with an aim to leverage their position in their respective…

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The Gitcoin team, a prominent community that promotes collaboration in open source software development by offering incentives to participating developers, is now offering bounties to dApp developers for integrating Ethereum Name Service (ENS) into their existing technological mechanism. As per the announcement made on August 9, 2018, Gitcoin is sponsoring bounties to promote the integration of ENS into decentralized applications or…

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A Singapore-based venture capital firm, Golden Gate Ventures, made an announcement via Reuters on August 10, 2018, that the company is primed to establish a $10 million fund to invest in blockchain and cryptocurrency startups. A Budding Partnership The new fund, dubbed “LuneX,” will primarily be used for investment in budding crypto and blockchain-based companies, including crypto token exchanges, security…

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Hong-Kong private equity company GSR Capital is set to invest a whopping $270 million in Overstock’s blockchain based startup tZero. According to a press release published on August 9, 2018 Overstock also confirmed that GSR Capital would make an additional investment of about $30 million in tZero’s ICO, thus pushing the total amount being invested in the blockchain startup to…

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Per a report published on August 8, 2018, the Japanese Financial Services Agency (FSA), which is also Japan’s premier financial regulatory body, is planning to update its existing regulatory framework for bitcoins and other cryptocurrencies. This is being done to tackle the rampant frauds and malicious attacks on cryptocurrency exchanges. The infamous attack on Coincheck in January 2018 resulted in a…

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Running for Presidency this October from Partido NOVO, or The New Party, João Amoêdo believes that a digital currency like bitcoin could be adopted in the Brazilian economy to establish an efficient digital payment mechanism, provided there are enough regulations to supervise its use. Amoedo shared his thoughts during an interview with The Bitcoin Portal on August 7, 2018. Country-Wide…

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According to a report published on The Next Web, the decentralized betting platform Augur was found to possess a critical bug, which could potentially allow cyber hackers to provide wrong information to the users and rig the mechanism of prediction markets website. The report published on August 7, 2018, states that the bug could allow hackers to manipulate transactions, user…

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