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.
Paracosm Games has launched Caer Sidi: a Tangle-based game development platform that utilizes the distributed nature of IOTAs network to help third party developers launch games. Tangle records the entire history of matches, achievements, and transactions, September 11, 2019. Caer Sidi is building an entire universe of interconnected games that...
China has been trending away from cash and toward digital payments for quite some time now. In 2018, 3.8 quadrillion yuan was remitted using plastic cards, cheques, electronic transfers, and other formal methods. According to Bloomberg, September 11, 2019, in the first quarter of 2019, payments apps like AliPay and...
Ethereum bears have consistently called DAI an unreliable stablecoin, as the peg is dependent on supply and demand stemming from Collateralized Debt Positions (CDPs) on MakerDAO. Similarly, those leveraging DAI to stack 10-14 percent of interest a year might be worried about the DAI peg collapsing. SwanDAI introduces a synthetic...
Almost six days after the launch of VanEck's structured bitcoin investment product for institutions, it has only managed to raise $41,000 or four bitcoin, September 9, 2019. Bitcoin ETFs have been a focal point of the investment scenario around digital currency, so to see such a poor response from institutional...
Aelf, a decentralized cloud computing project, has announced the incorporation of a Chainlink oracle over its network to improve the accuracy of information entering the Aelf network, September 10, 2019. This new development allows smart contracts to connect to data sockets and APIs all over the globe and provides easy...
Brave has become the most downloaded browser on the Japanese Google store, making it the supreme choice of browser for Android users in the country. A Reddit user brought this to the community's attention amidst a surge in global Brave users, September 10, 2019. The need for privacy and the ability to be...
The 20-day moving average rebalance strategy launched by Set Protocol had a 382 percent increase in locked ETH and has successfully increased ETH holdings for investors by 18 percent, September 9, 2019. The automated rebalance based on moving averages shows the ability to automate the process of dollar-cost averaging. The...
Jack Dorsey, CEO of Twitter and Square, has confirmed that Twitter has no plans of rivaling Facebook and Telegram with a token offering of their own, as per Forbes, September 9, 2019. Square will focus on bettering their Bitcoin-based offerings as Dorsey believes that an open internet standard like Bitcoin...
Northern Bitcoin AG, a German company specializing in the manufacturing of sustainable infrastructure for cryptocurrency mining, has announced the competition of testing for their newest product: an air-cooled mining container. As per the press release, the container can fit up to 144 ASIC rigs and is hospitable in an outdoor...
China's upcoming digital currency is reportedly going to be very similar to Libra in terms of network design, but it will take a more holistic approach to find harmony between money-laundering prevention and anonymous payments. EJ Insight reports that the country initially set up a research team to launch a...
