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.
Fantom, a distributed ledger based on Directed Acyclical Graphs (DAG), is tying up with Binance to leverage Binance Chain in launching a cross chain platform, as announced on May 22, 2019. The partnership will support assets that follow ERC20, native Fantom standard, and BEP-2 (Binance's token standard on BNB). After...
Venture capital firm Bicameral Ventures has funded three new companies to help build a technological ecosystem and improve product development management. Nodesmith, metaMe, and Velocia provide an array of mutual solutions from improving developer uptime to enhancing traffic flow management for urban regions. This new investment thesis is a refreshing...
Stablecoins, led by Tether (USDT), have already made a lasting impression on 2019 with volumes beating that of 2018 in a mere five and a half months. According to a report by Diar, May 21, 2019, Tether has seen nearly $1.3 trillion in trading volume in 2019 so far, leading the...
With incredibly ambitious projects in the pipeline, the Ethereum Foundation has released its spring update, on May 21, 2019, to provide insight as to how the money will be spent and which functional areas will be targeted. The Ethereum Foundation is the resource allocator that helps smaller teams come together to...
Indian commercial bank IndusInd has tied up with Saudi Arabian British Bank (SABB) through their partnership with Ripple. The payment remittance corridor between the two countries is powered through xRapid and xCurrent, as both banks adopted both networks, as revealed by Ripple, May 20, 2019. Further Headway in India After...
Bitcoin derivatives are shattering all-time highs for volume and number of open contracts across various platforms. CME, BitMex, and Deribit all smashed their previous month on month volume highs in May 2019 - and the month isn't even over yet. The volatility and slow developing efficiency are slowly introducing previously...
In an unsurprising update, Craig Wright has been granted a copyright claim over Satoshi's original Bitcoin whitepaper. The nChain chief scientist shot to fame for claiming and to be Satoshi Nakamoto, the original inventor of Bitcoin. Wright has been in the headlines recently on account of his ongoing court case...
Is crypto spring finally here? Renowned venture capitalist and angel investor, Fred Wilson, believes it just may be, as he mentioned in a blog post, May 15, 2019. His fund, Union Square Ventures (USV), is one of the most significant private investment funds in the space and has funded the...
The Alexander testnet on Polkadot was upgraded with new features of which the most significant is improved staking governance, as per an announcement by the development team on May 20, 2019. Polkadot was created by Ethereum and Parity co-founder Gavin Wood, who also co-invented the Solidity programming language. A New...
A search engine survey carried out by ConsenSys revealed the search break up for certain countries. The goal, as per the blog post, May 20, 2019, was to figure out whether Bitcoin, Ethereum, blockchain, or cryptocurrency were dominating consumer minds in a particular country. Bitcoin and Ethereum On Top Countries...
