About Author:
Ashwath Balakrishnan
Ashwath is a financial market and technology junkie. He is a cryptocurrency investor, trader, and enthusiast. He has expertise in market psychology and explaining complex technology in a simple way. He aims to battle misinformation in the cryptocurrency space.
Virgil Griffith, an Ethereum Foundation employee, will be released from custody pending trial after the bond for his bail is posted. As per Coindesk, his lawyer, Brian Klein, believes this process will take a few weeks, December 3, 2019. This saga has brought out polarising views from across the cryptocurrency...
In a surprising announcement, the Sri Lankan central bank has made a public appeal for developers who can help build a proof of concept blockchain for a KYC system to be used across the country's financial institutions. The government believes this can help the financial sector tackle several inefficiencies that...
For the last month, Twitter and Square CEO, Jack Dorsey, has been going around Africa to understand the state of the region, most likely from a financial services and payment perspective. According to Forbes, Dorsey met Bitcoin business owners at a meetup in Nigeria and subsequently tweeted that Africa will...
The block reward halving from 25 to 12.5 LTC per block was expected to be a bullish fundamental event for the network, but the exact inverse has occurred. Ever since price failed to take off post the halving, hashrate has declined 68 percent from the top as miners turned their...
Less than a year after a block reorg that caused $100,000 worth of double-spending, VertCoin has seen yet another 51 percent attack where 603 blocks were reorganized on the chain. As per Crypto Briefing, a mere 125 BTC, worth $29, was sent to the hacker's wallet, but the larger implications...
Virgil Griffith, a research scientist with the Ethereum Foundation and citizen of the United States, has been arrested under the International Emergency Economic Powers Act in line with the accusation that Griffith helped North Korea understand how they can use cryptocurrency to evade United States economic sanctions on their country....
Consulting and auditing giant KPMG has announced the launch of KPMG Origins: a multi-purpose supply chain network for a wide variety of industries, ranging from food production to financial services for the Asia-Pacific region. Producers today are being held accountable for the sustainability practices they inculcate during the production lifecycle,...
NatWest, one of the largest commercial banks in the United Kingdom, is in the process of getting a group software companies to help develop a platform that enables home buyers to go through the entire process from the comfort of their mobile phone. According to Finextra, 7 different software companies, including...
Brave, a privacy-enhancing browser for mobile and desktop, has reached over 40 million Android downloads. Although the browser doesn't require the use of any cryptocurrency, it is still considered a major part of the ecosystem due to its native Basic Attention Token (BAT). For context, Coinbase is the closest crypto...
Finablr, a listed UK entity and Ripple partner, is teaming up with Alipay to explore interoperable payments between users of the two platforms. The partnership will greatly improve Alipay's reach given Finablr's network of nearly 170 countries. Ledger Insights reports that the interoperability between the two platforms will be enabled...
