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.
Litecoin has recently been targeted by malicious actors who have sought to break on-chain privacy through a dusting attack. As explained by Binance Vision, the education wing of the exchange, a dusting attack occurs when hackers send dust (an amount below the current average fee) to the personal account of...
The newest buzz in blockchain development is leaning towards implementations on an enterprise level. Allianz Global Corporate & Speciality SE (AGCS) has confirmed they are building a tokenized ecosystem to utilize the blockchain for insurance payments. This adds to the already existing insurance solutions based on the blockchain, but will...
A new report from Grayscale Investments confirms a few significant data points that conclude Bitcoin can be considered a safe-haven asset. While the genesis cryptocurrency has not yet seen a recession, many believe that it will be a wealth creator in distressed scenarios when stocks and bonds are underperforming, August...
SegWit or 'segregated witness', is a protocol that reduces the size of transactions and allows for improved malleability of Bitcoin. Adoption of this protocol has surged on Litecoin ahead of Bitcoin, and Charlie Lee believes its success of Litecoin has been a key driver for adoption of SegWit on Bitcoin....
In a recent court hearing that was set for August 8, 2019, the government of India asked the Supreme Court to postpone the hearing against the cryptocurrency ban to January 2020 as they wish to open the blanket ban bill for discussion in the Winter session of Parliament. This has...
Around 300 different addresses control nearly 80 percent of the total supply of Tether. While this isn't too surprising given the shady nature of the king of stablecoins, this concentration could be explained by mass hoarding by exchanges to supply liquidity on their platforms. Without doubt Bitfinex accounts for a...
Dharma Protocol, a tokenized lending and debt trading platform, has announced that users cannot make fresh deposits or take new loans until the team implements a few new developments. This news comes mere days after the project admitted there was a frontend bug that muted lending activity and reduced overall...
Binance Research has published a detailed report on the newest addition to their Launchpad. Perlin is a decentralized protocol that utilizes the Proof of Stake (PoS) consensus protocol to offer high throughput and zero-confirmation transactions. The network is targeting international trade and has been endorsed by the likes of the...
Binance has confirmed that an unidentified entity has contacted them claiming to have Binance KYC data and demanding 300 BTC in return for not leaking it online. The case is still being investigated internally, but since the exchange has decided not to cooperate with the entity, they began sending this...
Well known fund manager of Hayman Capital Management, Kyle Bass, believes that the current run-up in Bitcoin is has been caused by global trade tension, Yuan devaluation, and capital leaving China. In an interview with Yahoo, Kyle emphasized that while capital is leaving China through gold and Bitcoin, the rising market...
The messaging app has filed a countersuit against the SEC, claiming the agency has deliberately twisted facts to make it seem like Kik had not complied with necessary regulations. The SEC launched an investigation into Kik and came to the conclusion that their token, Kin, was a security but did...
Marcus Swanepoel, CEO of Luno, believes that contrary to the prevailing view that Bitcoin is a safe haven asset, it is actually just a speculative asset that offers irrational returns as well risk. Luna is a cryptocurrency exchange in the United Kingdom that raised funding from the likes of Naspers...
A privileged United Nations report confirms what everybody was suspecting so far: North Korea has been funding their nuclear program through orchestrated cyber-attacks from hacker groups set up and funded by the government. Reportedly, the cyber attacks have yielded North Korea almost $2 billion in random. The report further suggests...
Currently sitting at its all-time high (ATH) of 72.46 EH/s, the Bitcoin network has literally never been as secure as it has at this moment, as per data from the BTC.com mining pool. Although BTC.com still has its position as the largest single mining pool, the rest of the distribution...
As per an announcement on their blog, Coinbase is exploring the possibility of listing new digital assets on its exchange. The assets include successful Binance Initial Exchange Offerings (IEOs), namely Harmony (ONE), Matic Network, and Algorand amongst others. Privacy coin DASH is also being considered for listing and it's surprising...