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.
Cisco and Japan's NEC Corporation have entered a strategic partnership to track network equipment produced by the former on a permissioned blockchain. As per Ledger Insights, growing cybersecurity concerns are the driving force behind this initiative. This is an addition to a number of Fortune 500 companies using blockchain to track goods...
The IOTA Foundation has turned off the network after several Trinity wallet users had their funds drained. As per the announcement, most of the infected devices are running the Windows version of Trinity, and the attack is believed to be ongoing. IOTA Foundation has been criticized for its actions, claiming...
What was once a cryptocurrency trading behemoth has now gradually become a company focused on developing its stablecoin with a consortium of other companies. Circle, which oversaw almost $24 billion of cryptocurrency trade in 2018, has sold Poloniex and its OTC desk and is now looking to sell its crowdfunding...
Danny Ryan and Vitalik Buterin answered questions in a Reddit AMA session to answer the community's queries on ETH 2.0 and its imminent rollout. Having postponed the launch from January 2020 to July 2020, the team has been attacked by criticism, yet they remain optimistic about adhering to their current timeline,...
One of the more hyped bits of crypto drama from 2019 was Justin Sun "developing kidney stones" and being unable to meet Warren Buffett. The TRON founder promised to reschedule it back in July 2019 and finally came good on his word in 2020, as reported by The Block, February...
BitGo, a major player in institutional cryptocurrency custody, now allows its clients to trade straight out of their custody accounts thanks to SettleBit. Using BitGo's API, SettleBit built a product that allows customers to settle their BitGo's holdings on SettleBit's platform, as reported by The Block, February 5, 2020. From the...
The Ethereum Trust Alliance (ETA), a new initiative aiming to publicly record smart contract audit data, could help bridge the gap between regular users and an understanding of the risks smart contracts pose. Users that lack deep technical knowledge are at an acute disadvantage relative to technical persons who can...
BitMEX and Binance, two of the largest cryptocurrency trading platforms, have both added XRP/USD perpetual swap products. This could entail an increase in XRP liquidity via derivatives. Spot markets for XRP are already highly liquid thanks to GSR, the market maker hired by Ripple Inc, February 4, 2020. More XRP...
Decentralized payment processing solution BTCPay has launched a new product: BTCPay Vault. The vault will serve as software that connects a BTCPay server to one's hardware wallet, allowing one to seamlessly receive funds, but also spend the funds received on a personal server, January 22, 2019. Permissionless Payments on Bitcoin...
After speaking to multiple Bitcoin developers who are building products for the ecosystem, Square's newly set up Bitcoin team, led by Matt Corallo, is releasing a Lightning Development Kit (LDK) to allow wallet and applications creators to give their users custom experiences without running into major problems, January 22, 2019....
