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.
Blockchains are being used across the world for their ability to serve as a robust accounting ledger that can be shared and distributed in real-time across the world. According to the Bangkok Post, the Thai excise department is in talks with Krungthai Bank (KTB) to launch a blockchain-enabled system to...
This week, Bitcoin Core 0.19.0 was released, marking the 19th upgrade to the client. Each upgrade aims to bring small changes that make a worthwhile difference, and the focus is on minimizing bandwidth and storage requirements while improving privacy and security measures. The new features, reported by Bitcoin Magazine, will...
A Bitcoin whale has moved a colossal 44,000 ($310,280,282) BTC from one untracked wallet to another for a fee that is considered pocket change to the developed world, according to TheNextWeb, November 24, 2019. If the transacting entity used their friendly neighborhood bank instead, it would have cost them $40-$100...
In typical crypto "FUD" fighting fashion, cryptocurrency exchange Binance outright denied that their Shanghai office was raided by police, stating that they have no office in the Chinese city. According to Bloomberg, a number of analysts believe this news was at the heart of Bitcoin's recent dump, November 21, 2019....
Bakkt, an institutional derivatives platform, broke into the limelight with its plan to launch the first-ever physically settled Bitcoin futures contract. After the successful launch of said product, the company has confirmed they will be facilitating cash-settled futures on ICE Futures Singapore, November 22, 2019. Crypto Derivatives See Major Boost...
Jerome Powell, chairman of the Federal Reserve, responded to an inquiry by two congressmen who urged the Fed to consider the prospect of a central bank digital currency (CBDC). As per Ledger Insight, chairman Powell's response confirmed the Fed has assessed the possibility and continue to research the implications from...
Earlier this week in Singapore, Changpeng Zhao, or CZ, CEO of Binance, spoke about a massive onboarding of fiat currencies across the world. With the acquisition of WazirX, Binance will be able to take advantage of the robust P2P matching engine that the exchange built out to battle the banking...
The Ethereum network will be undergoing a network upgrade, or a hard fork on approximately December 7, 2019, at block number 9,069,000. All node operators and miners are requested to upgrade their node clients to account for variable block times. Users holding ETH on exchanges or wallets need not take...
Chinese telecommunications giant Huawei announced the rollout of a blockchain directory for government data that connects over 50 government undertakings to a single network for seamless data propagation. According to Ledger Insight, top brass at Huawei see this as an actionable manner of making data widely accessible and incorruptible, November...
It wasn't too long ago that CryptoKitties fever went overboard and crashed the entire Ethereum network with an unfathomable number of transactions. In a recent Twitter thread, Coin Metrics explains how Gods Unchained, a digital card trading game, has surpassed CryptoKitties in transaction volume without being a burden on the...
