About Author:
1 Confirmation with Jeff and Dave
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.
Automobile giant Toyota has revealed that it has been in the process of setting up a blockchain lab since April 2019. Various Toyota Group companies will allow for information to flow across the company in a secure manner using a distributed ledger. The company is now gearing up for external...
In 2018, security tokens were seen as the next big thing with cryptocurrency and blockchain, a narrative that has failed to follow through. Slowly, countries are opening up to the notion of security tokens. France's stock market regulator, the AMF, has proposed a sandbox for security tokens in Europe, which...
The English central bank has outlined its plans for a CBDC, confirming their intent to act on monetary innovation. According to the research paper, the digital currency will run in tandem with the Real Time Gross Settlement (RTGS) system with intermediaries in charge of issuance to the public, March 13,...
An effort to provide credit and facilitate payments for humanitarian aid has found the backing of large institutions such as a16z, Bison Trails, and Anchorage. Bloomberg reports that this may be a contingency plan if Libra goes awry, but the two initiatives don't have much in common, March 12, 2020. New Global...
The Financial Services Agency (FSA), Japan's premier regulator for securities, banking, and insurance, has announced the Blockchain Governance Initiative Network (BGIN) as a means of gathering stakeholders so they can broaden their understanding of the technology and implement it in a sustainable manner, as reported by Finextra, March 11, 2020....
The Human Rights Foundation (HRF) is now accepting donations in the form of Bitcoin (BTC). Using their own self-hosted BTCPayServer, the HRF will now be able to tap into the niche market to accept donations in a currency that has an ethos broadly in-line with their own, March 11, 2020....
Buddy Hield, a shooting guard for the Sacramento Kings, will have his jersey auctioned on the Ethereum blockchain. The NBA outlet is working with ConsenSys to auction the jersey worn by Hield last week. According to the Bullet Times, Treum will facilitate the auction, March 10, 2020. Tokenized Memorabilia on Ethereum From...
Kraken, one of the largest and oldest crypto native exchanges, has announced its plans to focus resources on the Indian subcontinent. This move comes just days after the Indian Supreme Court reversed the central bank's notification from 2018, banning companies that deal with cryptocurrencies from accessing the banking system, March...
Jack Dorsey, CEO of Square and Twitter, is in the midst of a battle with Elliot Management after the activist hedge fund secured a four percent stake in the company in a bid to make some changes. Paul Singer, the founder of Elliot Management, believes Dorsey is holding Twitter back...
Security token issuance platform Polymath has been leveraged for a commercial real estate tokenization worth over $2 billion. RedSwan, an emerging real estate company, wants to invest in commercial real estate, tokenize it, and create liquid real estate markets. The $2.2 billion offering spans 16 buildings in cities such as...
Over the course of 2010 to 2016, Bitcoin blossomed from being a cypherpunk thought experiment to an unprecedented economic phenomenon. Despite being one of the most economic experiments in nearly a century, it is plagued by volatility due to its nascency as a market. Many stablecoins, pegged to the dollar,...
ChainLink finally has its first integration outside of Ethereum, having completed a successful integration with Parity's substrate blockchain. This integration implies ChainLink has taken another step towards becoming the oracle of choice for Polkadot, with a parachain on the Kusuma testnet imminent, February 26, 2020. ChainLink to Improve Polkadot's Utility...
Vladimir Potanin, a Russian businessman with interests in the metal and airline industry, has been given permission by the Russian government to launch his own blockchain – Atomyze – with a digital currency for customers to use while transacting with his business. As reported by Bloomberg, this represents a major step...
One of the most respected investment banks, J.P. Morgan, has issued a report that confirms their belief in the digital currency revolution. The launch of JPM Coin was met by surprise from the crypto community following the firm's managing director's controversial remarks regarding Bitcoin. Nonetheless, J.P. Morgan has doubled down...
Institutional speculators and high net worth individuals on CME have been active in the Bitcoin futures market since the start of the year. Nearing $350 million of open interest and $1 billion of volume, CME has become an important aspect of the Bitcoin market, February 20, 2020. Outlook from Bitcoin...
