About Author:
1 Confirmation with Jeff and Dave
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.
Binance, the most liquid spot exchange, has purchased a minority stake in FTX, the most liquid derivatives exchange. This marks the first round of outside investment into FTX and promises both exchanges the benefit of improving the liquidity of their overall markets. Alameda Research, the company behind FTX, has been...
Bitcoin SV, a fork of a Bitcoin fork, was conceived due to a rift in the Bitcoin Cash network regarding the implementation of the Avalanche consensus mechanism and transaction ordering. Binance Research has found that if loyal Bitcoin SV miners operated as rational businesses, they would've been able to secure...
As part of a knowledge enriching proof of concept, the European Central Bank (ECB) studied the viability of anonymous transactions by implementing such a feature on its DLT based CBDC, which is strictly for research purposes at the moment. This experiment offered more clarity on the direction CBDCs could take...
A prolonged debate in the space is that of whether decentralization is a spectrum or an absolute state. That is, can a system have different degrees of decentralization or is it simply just a binary function of ‘yes’ or ‘no’. Synthetix, one of the largest dApps on Ethereum, believes that...
Tata Consultancy Services (TCS), the largest Indian IT company, announced the launch of the Quartz DevKit, an open proprietary solution that helps developers streamline deployment by removing the complexities associating with blockchain and providing a base upon which applications can be launched with added ease, December 16, 2019. Corporate Blockchain...
The use of blockchain to transfer data from point A to point B has led to this once obscure piece of technology becoming a core unit of the institutional bandwagon. The energy and utilities sector is one that is fairly resilient to technological change, but greatly benefits from it. BizTech outlines the...
Maker Protocol's internal savings product is set to be integrated on the OKEx platform in order to bring stable value accretion to the Asian market. Set to go live on December 23, the DAI Savings Rate (DSR) enables a trustless way to secure one's wealth without the pitfalls of volatility....
It was only after continuous selling pressure suppressed the price of Bitcoin, Ethereum, and a few other major altcoins that people realized a couple of major Ponzi schemes from 2019 might be unloading their bags into the market. Chainalysis believes that this excess supply in the market is the main...
In the world of cryptocurrency, scams and fraud have become commonplace as new, unwitting retail investors enter the market and with huge expectations and limited sense of how to wade around the space. A Ponzi scheme in existence since 2014, BitClub Network, has been outed as Bloomberg reports that American regulators...
Kraken, a leading digital asset exchange, found a hardware vulnerability in ShapeShift's KeepKey wallet, allowing a variable flow of voltage to bypass the pin code required to open the wallet. KeepKey customers are advised to ensure nobody else has physical access to their wallet, and to enable a BIP 39...
Jack Dorsey is the visionary founder behind Twitter and Square Financial. In a fairly long Twitter thread, Dorsey announced that Twitter is hiring a small team of developers to help build an open and transparent protocol named BlueSky, which could serve as a base for what is to be the...
Nike, one of the largest fitness and sport brands in the world, is embracing the shifting technological paradigm as they seek to make shoes named CryptoKicks that are digitized on a blockchain. The patent gives them the right to create unique digital assets and a shoe ID for a pair...
Cryptocurrency rules imposed by governments have been different across various jurisdictions. This has given birth to a uniquely vulnerable form of regulatory arbitrate that allows stakeholders to take advantage of polarised stances from various authorities. Breaking down this aspect and coordinating for broadly similar guidelines across the globe will allow...
Recently, the difficulty bomb kicked in on Ethereum and became ever so noticeable, with average block times increasing by almost two seconds over a month. In response to this, Eric Conner brought the gravity of this situation to the community's attention and drafted EIP 2384. Two days later, Ethereum developer...
There has been an extra amount of negative sentiment directed towards cryptocurrencies in the last few weeks as Bitcoin slowly winded down from $8500 to $6800 over the course of a month. Many wealth managers believe it is better to gain exposure to this space by investing in publicly listed...
