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.
Huobi Group is continuing its foray into decentralized finance (DeFi) with support for MakerDAO and Compound Protocol, as per a press release, August 19, 2019. MakerDAO at one point had over half a billion dollars worth of value locked in the system, making it one of the most successful use...
Blockchain projects in South Korea are increasingly moving away from domestic token issuances in search of deeper markets for their cryptocurrencies. As per a report from Business Korea, August 19, 2019, the number of projects choosing to list overseas are increasing as global exchanges and launchpads open themselves up with Korean...
Earlier this month, Bitfinex filed a petition with the New York Supreme Court claiming that the New York State Attorney General (NYAG) was wrongly investigating Bitfinex as New York lacks the jurisdiction to do so. This argument was based on the fact that Bitfinex claims they have never catered to...
Cameron and Tyler Winklevoss are brothers who are known for two things: their infamous dispute with Mark Zuckerberg and buying bitcoin at $8. In an interview with CNN, August 19, 2019, the brothers revealed they would be open to a partnership with Facebook over Libra. The brothers founded crypto exchange Gemini...
Rakuten Group, the largest e-commerce company in Japan, launched a crypto wallet in 2017 via Rakuten Wallet Inc, a subsidiary of the online giant. The company has announced the launch of an exchange, allowing users to trade in BTC, ETH, and BCH using a mobile wallet for Android. The iOS...
The self-custodial model of cryptocurrencies, while radical and enticing, has proved to be disastrous for people who don't take the time to understand the nuances of the process. In an interview with CNBC, August 18, 2019, Coinbase Chief Information Security Officer (CISO), Phillip Martin, discusses the challenges to securely storing cryptocurrency....
Libra is back to making headlines after a brief stint in the shadows following news that they may not launch if regulators don't approve of the project. As per a Bloomberg report, August 18, 2019, a delegation of six bureaucrats, led by Rep. Maxine Waters, will discuss Libra with the Swiss Federal...
A group of investors has filed a complaint against Ripple with the Securities and Exchange Commission (SEC) for dumping illegal securities on investors in the token, as reported by Forbes, August 18, 2019. Bitcoin influencer Tone Vays has taken delight to this, claiming the SEC will "bring down Thor's hammer"...
A report published by ING shows that the percentage of the population that believes in Bitcoin is slowly decreasing, indicating skepticism for cryptocurrencies in general. With the exception of Turkey, Poland, and Romania, most of Europe does not believe that cryptocurrencies will be an integral part of the financial system...
The court battle between Craig Wright and the estate of Dave Kleiman, represented by his brother Ira, is far from over. As per a source on Twitter actively following the court case, the case is leaning toward the Kleimans. Wright submitted a document of a chat between himself and Dave...
