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About author: Priyeshu Garg

Priyeshu is a software engineer who is passionate about machine learning and blockchain technology. He holds an engineering degree in Computer Science Engineering and is a passionate economist. He built his first digital marketing startup when he was a teenager, and worked with multiple Fortune 500 companies along with smaller firms. When he is not solving the transportation problems at his company, he can be found writing about the blockchain or hacking at a Hackathon.

Former PayPal CEO Labels Bitcoin a Scam

Category: Bitcoin, Business, Commentary, News

Former PayPal CEO Labels Bitcoin a Scam

The former leader as CEO of PayPal and Intuit, Bill Harris, has said that he feels bitcoin is simply a scam. “OK, I’ll say it: bitcoin is a scam,” Harris said in a recent guest post. Although he substantiated his comments by painting bitcoin as the biggest pump-and-dump scheme in history, the digital coin’s founder Satoshi Nakamoto’s anonymity and elusive…

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Former CTFC Chairman Says Ripple and Ethereum Might Get Classified as Securities

Category: Altcoins, Bitcoin, Blockchain, Commentary, Finance, News, Regulation

Former CTFC Chairman Says Ripple and Ethereum Might Get Classified as Securities

Gary Gensler, former CFTC chairperson and one of the top financial regulators in the Obama administration talked about the fast evolving realm of cryptocurrencies during his recent speech at the Massachusetts Institute of Technology on April 23, 2018. Ethics And Governance “I don’t think it’s any longer a question of ‘if,’ but it’s a question of ‘when.’’ ICOs and other…

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Self-regulation: Licensed Crypto Exchange Platforms in Japan Form Self-Regulatory Body

Category: Altcoins, Bitcoin, Business, Finance, News, Regulation

Self-regulation: Licensed Crypto Exchange Platforms in Japan Form Self-Regulatory Body

The 16 licensed cryptocurrency exchange platforms in Japan have decided to come together to launch a self-regulatory body called the Japanese Cryptocurrency Exchange Association (JCEA). The decision of cooperation between exchanges comes after months of planning between representatives of the various platforms, trying to formulate an acceptable regulatory framework. According to a report on Asahi Shimbun, a local Japanese media…

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MyEtherWallet Falls Victim to DNS Server Hack: 215 Ether Stolen

Category: Blockchain, Ethereum, News, Tech

MyEtherWallet Falls Victim to DNS Server Hack: 215 Ether Stolen

MyEtherWallet (MEW), the most popular Ethereum web-based wallet fell victim to a DNS hack on April 24, 2018. Comments made by wallet users on social media and online crypto forums reveal that funds have indeed been stolen from their wallets. MyCrypto, a rival service to MEW, confirmed the occurrence of the hack and informed MEW users that their accounts had…

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The Saga Continues: AntPool Burns Bitcoin Cash, Allegedly to Artificially Inflate the Price

Category: Altcoins, Business, Commentary, News

The Saga Continues: AntPool Burns Bitcoin Cash, Allegedly to Artificially Inflate the Price

There seems to be no end in sight in the struggle for supremacy between Bitcoin and Bitcoin Cash. The price of bitcoin cash has steadily been on the increase over the past few days, and some critics have ascribed this increase to an underhanded form of “tokenomics.” Antpool Burns BCH for the Community Source: CoinGecko Antpool, one of the biggest…

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Georgia: The Bitcoin Mining Hub

Category: Altcoins, Bitcoin, Blockchain, Business, Mining, News

Georgia: The Bitcoin Mining Hub

Georgia, a part of the defunct Soviet Union, is becoming a cryptocurrency hub. Often, when the subject of technological advancement is discussed, particular focus is placed on regions like the EU, America, China, Japan, and South Korea. It is rare to consider a country like Georgia in the grand scheme of technology and innovation. In fact, across Central Asia and…

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Time to Say Goodbye: TRON offers 30 Million TRX Airdrop as Parting Gift to Ethereum

Category: Altcoins, Business, News

Time to Say Goodbye: TRON offers 30 Million TRX Airdrop as Parting Gift to Ethereum

TRON has announced that it will be carrying out a 30 million TRX airdrop to the Ethereum community via a blog post on the project’s Medium account on April 21, 2018. According to the announcement, the airdrop is a show of gratitude towards the Ethereum community for its support throughout the TRON project. TRON is a decentralized blockchain network just…

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Former CEO of the Defunct Mt. Gox Bitcoin Exchange Gets a New Crypto Job

Category: Bitcoin, Business, Finance, News, Tech

Former CEO of the Defunct Mt. Gox Bitcoin Exchange Gets a New Crypto Job

Mark Karpelès, the former CEO of the now-defunct Mt. Gox Bitcoin exchange has landed a new cryptocurrency job. London Trust Media, a U.S.-based corporation has hired Karpelès as its new Chief Technology Officer (CTO). The company, based in Denver, Colorado, is reported to be the most extensive virtual private network (VPN) service provider in the world. The news was confirmed…

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Banks in Iran Barred From Dealing in Bitcoin And Other Cryptocurrencies

Category: Altcoins, Bitcoin, Finance, News, Regulation

Banks in Iran Barred From Dealing in Bitcoin And Other Cryptocurrencies

According to a report in the local media outlet, IRNA which was quoted by Reuters on Sunday, April 22, 2018, Iran has become the latest country to have its apex bank prohibit other banks from engaging in crypto transactions. The central banks of India, Nigeria, and Pakistan are among some of the others to have issued such a ruling. According…

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Circle Trade Raises Minimum Bitcoin OTC Limit to $500k

Category: Altcoins, Bitcoin, Business, Finance, News

Circle Trade Raises Minimum Bitcoin OTC Limit to $500k

Minimum order size for bitcoin trades at Circle, one of the largest liquidity providers and over-the-counter (OTC) digital asset marketplaces in the world, has shot up to $500,000. That’s 100 percent higher compared to where the figure stood previously. Rising OTC order sizes OTC services are optimized for high net worth institutions and individuals looking to conduct large cryptocurrency trades…

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