About Author:
1 Confirmation with Jeff and Dave
Aisshwarya is currently working as SAP finance consultant for an IT consultancy. He likes to read about tech (fintech in particular) and history during his free time. He also likes to make 8-bit music.
In a Medium post published on June 12, 2019, layer two blockchain scaling platform Matic Network (MATIC) announced its partnership with decentralized oracle platform startup Chainlink. Scalability with Smart Contracts Matic Network, a decentralized layer two blockchain scaling solution that uses a Plasma-powered sidechain network and Proof-of-Stake (PoS) consensus protocol...
In a press release issued on June 10, 2019, Overstock.com announced that its blockchain subsidiary, Medici Land Governance (MLG) had inked a Memorandum of Understanding (MoU) with Liberia’s Ministry of Finance and Development Planning. Liberia Opens up to Blockchain Liberia has become the latest African nation to join the blockchain...
On June 10, 2019, Coinbase announced that its users can now earn the Ethereum-based DAI stablecoin by watching video lessons and answering questions about the token’s features. Coinbase Earn Gets its First Stablecoin Coinbase’s “learn and earn” platform - Coinbase Earn – now allows users to earn DAI cryptocurrency for...
Speaking at the U.S. House Ways and Means Committee on June 4, 2019, U.S. Republican Congressman Ted Budd mentioned two crypto specific bills he hopes would witness unanimous support from the Congress. These bills are titled The Cryptocurrency Tax Fairness Act, and the Virtual Value Tax Fix of 2018. Cryptocurrency...
Japan’s Ministry of Finance on June 9, 2019, published a joint statement from the various G20 finance ministers and central bank governors requesting the Financial Stability Board (FSB) to keep a close eye on risks surrounding crypto-assets. The two-day meeting in Fukuoka, Japan, took place over the weekend. Call for...
The world’s largest democracy recently held its general elections and as many political pundits had predicted, India’s mandate remained firmly with Narendra Modi’s Bharatiya Janata Party (BJP). However, for Modi, the battle is only half-won. Emulating a stellar political performance not witnessed since the early 80s, expectations from the Modi...
According to a Forbes report published June 6, 2019, Anheuser-Busch InBev, the parent company of the beer brand Budweiser has invested an undisclosed sum of money in supply chain blockchain startup BanQu. Bridging the Gap At a time when the blockchain market is still in its infancy, publicly-traded firm Anheuser-Busch...
Portuguese football club Sport Lisboa e Benfica (SL Benfica) has inked a partnership with digital payment solution firm Utrust to allow its users to purchase match tickets and club merchandise with cryptocurrencies, reports Verdict, June 6, 2019. Expanding the Turf for Cryptocurrencies In a massive impetus for the adoption of...
Quoting a report by The Information, CNBC reported on June 5, 2019, that Facebook Inc. is expected to introduce its in-house cryptocurrency toward the end of June 2019. Facebook has Extensive Plans for its Cryptocurrency Facebook has managed to generate enormous excitement and mystique around its highly-anticipated digital currency, reportedly...
In a Medium post published June 5, 2019, blockchain project Harmony (ONE) announced its partnership with tech startup Chainlink. The Reasons Behind the Partnership The latest project to conclude its initial exchange offering (IEO) on Binance Launchpad, Harmony has partnered with Chainlink to utilize the latter’s accredited expertise in providing...
According to a report by The Next Web, published on June 5, 2019, the mayor of Vancouver, Canada, has suggested putting a complete ban on bitcoin (BTC) ATMs in the city. Bitcoin ATMs Serve as Money Laundering Vehicles Although an increasing number of countries around the world are steadily warming...
In a Medium post published June 4, 2019, U.S.-based cryptocurrency exchange OKCoin announced its plans to expand its business to Europe. OKCoin Enters the European Crypto Space As part of its vision to make digital assets accessible to everyone across the globe, exchange platform OKCoin recently announced its expansion to...
In a press release issued June 4, 2019, the U.S. Securities and Exchange Commission (SEC) stated that it was suing Kik Interactive Inc. for conducting a $100 million illegal initial coin offering (ICO) of digital tokens. SEC Goes Hard on Kik Kik, a social media turned crypto firm has been...
According to a press release issued on June 3, 2019, by global research and advisory firm Gartner Inc., 90 percent of current enterprise blockchain platform implementations will be rendered obsolete by 2021. Blockchain’s Benefits Blown out of Proportions Perhaps the technology that powers cryptocurrencies is not all that revolutionary as...
Justin Sun, the founder of TRON (TRX), bid a record $4.57 million to win an eBay charity auction that would allow him to have lunch with investment wizard Warren Buffet, Bloomberg reports, June 3, 2019. Sun Meets Buffet Sun, the founder of smart contract platform TRON, is well-known within the...
