About Author: 1 Confirmation with Jeff and Dave

Bitcoin fanatic. Economics Graduate. Hobbies include obsessively brewing coffee and surfing aviation blogs.

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Mexico Leading in Crypto Usage and Adoption in Booming Latin American Market

October 7, 2020 by Shaurya Malwa at Bitcoin

The Latin American crypto market is leading among all others when it comes to cryptocurrency adoption and usage, noted local news outlet Economista in a report yesterday. The Latin American market captures over 7% of the estimated digital currency economy worldwide, with Mexico accounting for the largest share in the...

Chinese Hospital Official Raise ‘Privacy” Doubts Over Use of Blockchain

October 5, 2020 by Shaurya Malwa at Blockchain

As per a local report, the First Affiliated Hospital of Dalian Medical University might be able to launch an Internet and blockchain-enabled hospital in the coming months. However, some officials are raising concerns around the technology. Here’s How the Hospital Private Blockchain Works “Our hospital started to build an Internet...

BitMEX Faces Legal Action in the US, One Co-founder Arrested

October 2, 2020 by Shaurya Malwa at Regulation

Legal prosecutors in the United States have documented criminal accusations blaming four originators and heads for BitMEX, one of the world's biggest cryptocurrency subordinates trades, of dodging rules intended to stop tax evasion. BitMEX in Troubled Waters The Department of Justice charged Arthur Hayes, Samuel Reed and Benjamin Delo, who...

French Football Club PSG Gets a Crypto Twist with Sorare

September 29, 2020 by Shaurya Malwa at Altcoins

An Ethereum-based fantasy football game has roped in French football giant Paris Saint Germain, popularly known as PSG, as the 100th football club on its in-game choices for players. https://twitter.com/SorareHQ/status/1310836949700284417 PSG Players as Blockchain Cards Called Sorare, the game is fantasy soccer and card collection game where players buy, sell,...

Almost 2 Million ETH Staked on Testnet Ahead of Ethereum 2.0

September 29, 2020 by Shaurya Malwa at Ethereum

Data from testnet blockchain explorer beaconcha.in, shows more than 60,000 validator hubs have been enacted on the ETH 2.0 Medalla testnet, where they have altogether marked almost 2 million testnet ETH. ETH Staking Frenzy ahead of the Upgrade The Ethereum Beacon Chain works towards maintaining a set of nodes as...

Bitcoin Spends Record High Days Over $10,000

September 28, 2020 by Shaurya Malwa at Bitcoin

The pioneer cryptocurrency has now recorded its highest-ever time period trading about the $10,000 price level, which is now considered by many to be a major support floor for Bitcoin. Bitcoin: Setting records Previously, Bitcoin reached the $10,000 level only twice before: first in 2017 when it broke through the...

Young Entrepreneur Strikes It Rich with Montreal Bitcoin Mine

Bitcoin Miner Sales Won’t Affect Crypto Bullrun, Says Analyst

September 21, 2020 by Shaurya Malwa at Bitcoin

An analyst said over the weekend that Bitcoin miners selling their crypto rewards and holdings en masse will not deter the next bull run, according to on-chain data that he cited. Bitcoin Miner Sales Won’t Affect Bull Market Ki-Young Ju, the CEO of on-chain analytics and data firm CryptoQuant, said...

China Central Bank Pushes for CBDC to Displace Dollar Dominance

September 21, 2020 by Shaurya Malwa at Blockchain

The Chinese central bank said Monday that the country needs to become the first to issue a digital currency to reduce its dependence on the global dollar payment system, according to a local report cited by Reuters. China’s Digital Currency Push An article distributed in China Finance, a magazine run...

Ethereum Fees Reach Record High as DeFi Projects Clog Network

September 18, 2020 by Shaurya Malwa at Ethereum

Miners running their business on and maintaining the Ethereum network boasted a record Thursday - as the day recorded the highest fees ever for miners on the Ethereum network due to the burgeoning DeFi market and the launch of Uniswap. Ethereum Miners Bank Their Highest Fees Ever Transactional information gathered...

Yield farming frenzy pushes Uniswap daily volume over $1 billion

Uniswap Announces UNI Tokens, Airdrops Over $1,200 to Users

September 17, 2020 by Shaurya Malwa at DeFi

Decentralized exchange Uniswap launched its native UNI tokens earlier today in a surprise move, with several crypto exchanges rushing to list the token and Ethereum network becoming congested to use. Uniswap’s $1,200 Airdrop As detailed in a blog post, a total of one billion UNI tokens will be distributed in...

Russian Pop Artist Uses Blockchain to Transfer Song Rights

September 16, 2020 by Shaurya Malwa at Blockchain

Russian pop artist Oleg Kenzov has finished the principal digital rights transfer of a melody he composed utilizing a blockchain platform supported by the Russian administration. Blockchain Used for Music Rights Transfer As indicated by VC.ru, the studio Soyuz arrived at an authorizing understanding arrangement with music administration FONMIX to...

Spadina Testnet is Coming Ahead of Ethereum 2.0

September 15, 2020 by Shaurya Malwa at Ethereum

The second testnet ahead of the Ethereum 2.0 network upgrade, called Spadina, will be launched in the coming months, according to a report by Decrypt. A “Rehearsal” Testnet As per a blog post by Ethereum Foundation developer Danny Ryan, the launch of the second equal testnet, called Spadina, which will...

Yearn Finance Creator Andre Cronje Wants to Cap Supply at 30,000 YFI

September 14, 2020 by Shaurya Malwa at DeFi

Andre Cronje, the creator of yield farm aggregator Yearn Finance, proposed a measure over the weekend that seeks to cap the total supply of YFI tokens at its current 30,000. No more YFI Minting Yearn Finance, the yield aggregator platform which has turned heads since its YFI token in late-June...

Report on Digital Euro Will be Published Soon, Says ECB President

September 11, 2020 by Shaurya Malwa at Regulation

European Central Bank (ECB) President Christine Lagarde said on September 10 that the bank will soon publish a report on a European digital currency, according to a report. A Digital Euro The hotly-anticipated consequences of the European Central Bank's examination into a digital euro will before long be delivered "in...

Yearn Finance Launches Tokenized Debt Product StableCredit

September 11, 2020 by Shaurya Malwa at DeFi

Yearn Finance, one of the most-used yield aggregator pools, launched its stable coin debt product yesterday that allows users to take out tokenized debt loans, as per a release. StableCredit comes to Yearn For the uninitiated, Yearn Finance automates yield-maximizing profit switching opportunities for liquidity providers and yield farmers. It...