Abhi K | Publish0x

Abhi K

Technophile, cryptocurrency enthusiast and journalist.

Joined June 2019 564 Followers

Abhi K

Blockchain-based Journalism Platform Civil Signs Off

16 hours ago 1 minute read comments Abhi K

Blockchain-based journalism platform Civil has shut down, after Civil CEO Matthew Iles said that the effort was unsustainable independently.  The Civil platform was launched by Iles, Christine Mohan and Matt Coolidge in 2016, with the mission of a bl...

OmiseGO Integrated Tether

17 hours ago 1 minute read comments Abhi K

OmiseGO (OMG) announced on June 1 that it has integrated stablecoin Tether (USDT) into its network, allowing the latter’s transactions to run on the Plasma architecture, which groups transactions, leading to lower transaction fees and greater through...

USA Hunts the Man Leading Venezuela's Petro Currency

18 hours ago 1 minute read comments Abhi K

On June 1, the US Immigration and Customs Enforcement placed a $5 million reward on Joselit Ramírez, the chief of the National Superintendency of Cryptoassets, otherwise known as being the mind behind Venezuela’s petroleum-backed cryptocurrency, Petr...

Coinbase Decreases Interest for USDC Holders by 88%

19 hours ago 1 minute read comments Abhi K

US-based exchange Coinbase on June 2 emailed its users that it would be decreasing the interest rate for its stablecoin USD Coin (USDC) from an annual yield of 1.25% to 0.15% - an 88% drop in return rates for holders. Saying that they periodically as...

Blockstream CEO Adam Back: Crisis to send Bitcoin to $300K

20 hours ago 1 minute read comments Abhi K

In an interview with Bloomberg on June 2, Blockstream CEO Adam Back said that the stimulus packages that governments have been releasing would push Bitcoin to “$300,000 within five years.”  The Blockstream CEO said that this price rise would occur ir...

OmiseGO Ships Plasma that Scales Ethereum

2 Jun 2020 1 minute read comments Abhi K

Thailand-based project OmiseGO (OMG), which is building solutions ripe for application in developing countries, has launched the Plasma scaling solution that brings much greater scalability to the Ethereum network, according to a blog post published...

Ripple Co-Founder Sold $500K a Day of XRP in May 2020

2 Jun 2020 1 minute read comments Abhi K

Ripple co-founder Jed McCaleb has sold $500k worth of XRP - roughly 2.7 million XRP - on average everyday in May 2020, according to data being released. The address in question shows sales of XRP in the range of 2 to 3.5 million XRP for almost every...

Coinbase Went Down Again Amid BTC $10K Spike

2 Jun 2020 1 minute read comments Abhi K

US-based exchange Coinbase went down on June 1 and 2 just as the price of Bitcoin (BTC) was setting itself up to cross the $10k, marking yet another time in the past few months where the exchange has experienced downtime in times of market volatility...

Brave Browser Releases Report on Their Massive Growth

2 Jun 2020 1 minute read comments Abhi K

The Brave team has released a new report on June 1 that indicates great progress all round for the privacy-focused browser. Crossing the 15 million active user mark, the browser has shown a 125% growth over the past 12 months. The report also covers...

Venezuela Makes Struggling Petro Cryptocurrency a Payment Option for Fuel

2 Jun 2020 1 minute read comments Abhi K

According to an official statement published on May 31, Venezuela has added its struggling state-backed cryptocurrency Petro as a payment option for fuel in the country - but this follows the removal of fuel at subsidized rates, which essentially giv...