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.
The Litecoin block reward halving is a matter of hours away and volatility around the cryptocurrency could ignite as a result. Some believe that the halving is already priced in, while some believe it isn't possible for it to reflect on the market price so early. BTCManager discuses how the halving could...
Judge Katherine Polk Failla has told Chase that the extra fees they charged customers who were purchasing cryptocurrency was uncalled for as cryptocurrency purchases are not counted as a cash advance. The Judge denied Chase's motion to dismiss complaints from the plaintiffs, who took Chase to court over the fees...
The Texas Securities Commissioner has ordered AWS Mining, a mining firm operating in the state, to repay their investors any money they had put into mining contracts. In Texas, the state securities regulators went on a statewide crackdown of illegitimate cryptocurrency businesses that were soliciting investors from Texas. AWS Mining...
LongHash, a blockchain incubator backed by the government of Singapore, has reported that the five startups had raised $9.7 million after a 12-week stint in their accelerator. The startups are tackling a variety of issues from biometric key management to a wallet that allows companies to build and launch applications...
Retail behemoth Walmart has filed a patent with the U.S. Patent and Trademark Office for a stablecoin that is tied one for one to a reserve of fiat currency - most likely the dollar, August 1, 2019. The stablecoin will be issued and monitored over a blockchain, which is more...
Everton Football Club and eToro have announced a partnership, granting eToro further global exposure through the football clubs marketing assets and a solid presence at Goodison Park - Everton's stadium. eToro has emerged as one the largest digital asset exchanges, giving customers the option to invest in cryptocurrencies like Bitcoin,...
Payments firm Square announced a $125 million in revenue from Bitcoin through its mobile payments service, CashApp. Square entered the crypto space, much to the dismay of traditional players, and have established themselves as a strong brand capable of understanding consumer needs. Their last earnings report was dismal, but since...
The IRS has sent warning letters to over 10,000 customers who have used Coinbase and can be declared as crypto investors with full confidence. Many experts have weighed in to offer their advice to retail investors, encouraging them to declare their assets and pay their taxes instead of trying to...
The Middle East and South Asia (MEASA) region has formed its first blockchain consortium to bring better efficiency to KYC and data sharing practices between institutions. The Dubai International Finance Centre (DIFC) along with Mashreq Bank has partnered with Norbloc for the solution, as reported by Emirates News Agency, July...
PwC's global research and consulting wing, Strategy&, revealed in their summer report that a whopping $3.3 billion has been raised in token offerings between January and May 2019. Bitfinex's LEO offering accounts for 30 percent of that entire amount. Additionally, there is sufficient data to confidently name the inception of...
