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.
Interesting developments in Cuba have led to John McAfee offering his expertise in cryptocurrency to the Cuban government. Earlier this week, Cuba said they would study the use of cryptocurrency to circumvent U.S. sanctions on the country, as reported by Reuters, July 6, 2019. Mutual Distaste for the USA The one...
On July 5, 019, Flexa announced that Litecoin (LTC) payments are now live for merchant acceptance on their app. The blog post details why Flexa chose to adopt LTC and their partnership with the Litecoin Foundation. At the same time, Litecoin is outperforming the rest of the crypto market, with...
After a statewide sweep in December 2017, Texas' securities regulator will begin a second sweep of the entire state to find and shut down any illegitimate cryptocurrency schemes run by unlicensed companies and individuals, as reported by CrowdFund Insider, on July 4, 2019. Regulators Have Reawoken Those in the crypto...
Ever since the announcement of Libra, it has been the hottest topic of discussion amongst cryptocurrency enthusiasts, banks, tech companies, and regulators. As Europe and the USA struggle to come to terms with Libra, Russia is surprisingly calm on the issue, even confirming that the country doesn't plan to ban...
Of the top 50 decentralized applications by development activity, five are on Steem, one is on POA Network, and 44 are on Ethereum according to data from State of the Dapps. As reported by The Next Web, TRON is engaging with more users through their dApp-based games, but developers still see...
Bloomberg recently reported that Craig S. Wright, the self-proclaimed creator of Bitcoin, is unable to provide details of his purported $10 billion in BTC. These details were brought to attention following a lawsuit lanced by Ira Kleiman, the brother of Dave Kleiman, a former business associate of Wright. Now, in...
Libra is yet to launch and has already created a ruckus in the financial and cryptocurrency communities alike. David Marcus, the head of Calibra, offered some insight as to how Facebook's cryptocurrency will continue from an operational standpoint. On the sidelines, ZenGo announced the launch of their non-custodial Libra wallet...
With price the price of bitcoin (BTC) going as high as $13,900 before crashing to $9,900 within the span of a few days, Jeff Dorman, the CIO of Arca, believes the case for a Bitcoin ETF has become much weaker as regulators watch the massive price swings, reported by Bloomberg,...
As per an official document published by the UK's Financial Conduct Authority (FCA) has revealed that the UK will move to push measures that protect retail investors from magnified losses in a hyper-volatile cryptocurrency market, July 2, 2019. New Measures to be Enforced In December 2018, the FCA published a...
Cryptocurrency service providers were struck by an unexpected technical mishap on Cloudflare that deemed their servers inaccessible to users reports The Next Web. Cloudflare confirmed the outage in a blog post, acknowledging the downtime as a result of bad software, July 2, 2019. Downtime for Exchanges Cloudflare is one of...
Adding to the number of false schemes and scams in the cryptocurrency space, a scheme reportedly run from Argentina and Ukraine has been outed for falsely claiming their investment product was endorsed by Crown Prince Sheikh Mohammed bin Zayed, guaranteeing to "make you rich in seven days", as reported by...
On July 2, 2019, Changpeng Zhao, the founder and CEO of Binance, announced their plans to launch futures contracts at the Asian Blockchain Summit in Taipei. The contracts will allow up to 20x leverage and Zhao has hinted at the release of a test version as early as two weeks...
First Abu Dhabi Bank (FAB) has released Payit, a digital wallet that allows for P2P transfer and international remittances at cheap costs and fast processing time. The bank has also tied up with MoneyGram, which recently had a ten percent stake bought out by Ripple Inc. as reported by Gulf...
Huobi Global, one of the largest cryptocurrency exchanges in the world, is teaming up with Nervos to develop a public blockchain focused on decentralized finance (DeFi) and improving the state of global financial inclusions, according to a press release from July 1, 2019. AMoat for Blockchain Adoption It comes as...
CoinRecoil, a defunct Indian cryptocurrency exchange, had earlier filed a writ petition against the RBI circular to ban crypto firms from using traditional banking services. Kunal Barchha, the co-founder of the exchange, wrote an open letter to Prime Minister Narendra Modi, detailing all of his concerns and frustration, as reported...
