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.
Ethereum and ConsenSys co-founder Joe Lubin's bet with Bitcoin educator Jimmy Song's bet has been subject to widespread debate. Song, a critic of Ethereum and dApps, bet Lubin that Ethereum dApps wouldn't reach 10,000 daily active users on five different dApps by 2023. IDEX explains the nuances of the bet and...
The Golem Network (GNT) has tied up with video game platform Hoard to integrate blockchain technology and allow developers who require large amounts of computing power to seamlessly do so through Golem's services. Bringing Gaming to the Blockchain Blockchain games have been taken to new heights with the rise of...
Nobel prize-winning economist Daniel Kahneman is often considered one of the father's of behavioral economics. A study carried out by CrypoDatum.io integrates Kahneman's 'cognitive ease' thesis with cryptocurrency ticker to show the impact they have on price and profitability, May 30, 2019. Behavioral Heuristics 'Cognitive ease' is a behavioral theory that claims...
Since the launch of Binance's mainnet in April 2019, the usability of the native BNB token has soared as more and more crypto projects have chosen to issue and exchange their tokens over the Binance chain, May 29, 2019. How BNB Is Used over the Chain Binance is undoubtedly the...
On May 30, 2019, ChainLink, a decentralized oracle, announced that it would be launching its mainnet on Ethereum. The project has been touted as one of the most promising developments for adoption as it allows for verification of real-time information for use in smart contracts. Launching the Oracle ChainLink looks...
Jens Weidmann, President of Bundesbank, believes mainstream adoption of digital currencies will lead to a systematic destabilization of the financial markets and banking system, May 30, 2019. More Doomsday Predictions Central banks around the world are exploring the potential of electronic cash in response to a growing demand to digitize...
American crypto finance company BlockFi announced support for customers using Gemini USD (GUSD) as a substitute for fiat USD, on May 29, 2019. This move paves a path for non-U.S. residents to access the dollar-denominated debt market. Support is currently limited to non-U.S. residents given the regulatory uncertainty within the...
The ARK ecosystem is set to be propelled further by the launch of the ARK Deployer's alpha version going live on May 28, 2019. Users can now set up their own fully customized blockchains using a simple graphical interface. The ARK Deployer is a critical piece of the ARK infrastructure...
After a ton of hints from the IOTA Foundation, a website detailing how the coordinator will be killed off in a 'coordicide' has been released on 28 May, 2019. This marks the end of the centralized validator on the Tangle, but the implementation is not expected to be anytime too...
When Circle acquired Poloniex in the spring of 2018, it inherited a torrent of problems that had been plaguing the exchange for months. In the midst of the bull market, Poloniex was unable to scale their infrastructure and human resources to adequately address customer issues. In a blog post on...
