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.
Current price action is eerily similar to that of 2017, leading most people to believe that a similar boom and bust cycle is underway. In a news digest, Micky has highlighted key factors that set the coming market cycle apart from the last one, June 25, 2019. Dynamic of Fundamentals The...
Bitcoin SV (BSV) has been in the spotlight since forking off the Bitcoin Cash (BCH) blockchain under the leadership of Craig Wright, Jimmy Nguyen, and Calvin Ayre. Transactional volume on the network is becoming more dependent on whales as Kevin Rookie of The Spring reports that 86.4 percent of BSV volume...
A resident of Australia paid a whopping $100,000 of tax on Ethereum coins currently worth $20,000, pushing the investor into a net loss from a freak tax event. The rules for taxation of cryptocurrency in Australia are unfair to investors and holders, leading experts to call for reform, as reported...
Daniel Kelman, an established lawyer associated with Bitcoin and cryptocurrency since 2013, published a blog post of his opinions on Kleiman Vs Wright based on his legal expertise, June 23, 2019. Strategies Playing Out Kleiman vs Wright is one of the most closely followed lawsuits in the crypto community, as...
Security researchers at Google and Coinbase discovered a zero day exploit on the Firefox browser that would allow an attacker to remotely execute code on an underlying operating system, as reported by ZDNet, June 18, 2019. First Exploit on Mozilla Since 2016 Firefox is generally considered one of the safest browsers,...
The New Economy Movement (NEM) network is planning to drastically upgrade their protocol later this year, labeling the new network as 'Catapult'. In a blog post, the NEM Foundation announced the launch of NEM Studios to further the back end development of the protocol, June 20, 2019. New Generation Network...
Adding to the mania over Libra, eToro has announced that their research team has successfully implemented an initial version of eToro tokenized assets on the Libra network. The script is based on a previous implementation to tokenize assets over Ethereum, June 20, 2019. Facebook's Reign Begins For the last two...
Lightning Labs has released their noncustodial mobile app, now available on the Bitcoin mainnet. The complexity of Lightning has been one of the most significant reasons for relatively low usage statistics. This is now a potentially broken barrier as the mobile apps were designed to be as simple as possible,...
Brad Garlinghouse, the CEO of Ripple Inc, is bullish on cryptocurrency adoption stemming from the potential to attract billions through Facebook's latest cryptocurrency launch. In an exclusive interview with Fortune, Garlinghouse declared that more banks have come forward to enquire about using xCurrent and he believes the increased interest is a...
The Supreme Court of Nova Scotia has revealed that users' cryptocurrency funds were not maintained exclusively in Quadriga CX's cold and hot wallets, but also on other exchanges and platforms. The now deceased CEO, Gerald Cotton, also used these funds to margin trade in his accounts, as per a court...
