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Mastercard CEO: Bitcoin Won’t Help the Unbanked

28 Oct 2020 1 minute read 2 comments Abhimanyu Krishnan

Mastercard CEO Ajay Banga doesn’t believe that Bitcoin (BTC) will facilitate greater financial inclusion. The CEO made the statement in the Fortune Global Forum conference on October 27. Banga pointed to volatility and the fact that no one entity ma...

Coinbase Pro Disables Trading As Bitcoin Tests $14K

28 Oct 2020 1 minute read 1 comment Abhimanyu Krishnan

On October 27, Coinbase Pro temporarily disabled trading on its platform amid feed issues, according to the exchange’s status page. Trading continues to be disabled as officials monitor the solution. Coinbase first investigated the issue on October...

Crypto-Powered Audius Airdrops $8M Worth of Tokens to Artists and Listeners

27 Oct 2020 1 minute read 4 comments Abhimanyu Krishnan

Blockchain-based music platform Audius celebrated the launch of its AUDIO token on the mainnet by airdropping $8 million worth of the token to artists and listeners on its platform on October 23.  The team airdropped 50 million AUDIO tokens to 10,00...

IRS States that Just Holding Crypto Won’t Need Disclosure in Tax Form

27 Oct 2020 1 minute read 16 comments Abhimanyu Krishnan

The United States Internal Revenue Service (IRS) has clarified that those who have only held crypto assets in 2020 need not answer yes to the question of whether they have received any financial interest via cryptocurrencies. The IRS issued the clari...

Ledger Users are Being Targeted in New Phishing Scam

27 Oct 2020 1 minute read 6 comments Abhimanyu Krishnan

Hardware wallet manufacturer Ledger is investigating a new phishing attack targeting users over email.  Users have received emails, written in a professional tone, saying that several “Ledger Live administrative servers had been infected with malwar...

Balancer Will Launch on NEAR Protocol

27 Oct 2020 1 minute read 1 comment Abhimanyu Krishnan

The NEAR protocol team announced on October 26 that automated market maker Balancer (BAL) will soon be integrated into the network. Ethereum dApps leverage NEAR for better speed and cost, without having to rebuild the code and keeping their user bas...

Quantstamp Says That Ethereum 2.0 Phase 0 Almost Ready for Launch

27 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

On October 26, smart contract auditing firm Quantstamp announced that Ethereum 2.0 is all set to launch, following an audit of Consensys’ Teku client. Quantstamp released a statement on October 25 via Decrypt, saying that it had spent “countless hou...

JPMorgan Flips Its View on Bitcoin

26 Oct 2020 1 minute read 5 comments Abhimanyu Krishnan

Multinational investment bank JPMorgan Chase has changed its stance on Bitcoin (BTC), now saying that Bitcoin could easily double or triple its value. Business Insider published a report on October 23 having obtained an internal note discussing the a...

BarnBridge's Token $BOND Hits the Markets, Goes Up by 300% in Under 12 Hours

26 Oct 2020 1 minute read 1 comment Abhimanyu Krishnan

The BarnBridge project’s BOND token has increased by over 300% in 12 hours on October 26, following the end of the staking pool’s first epoch on October 26. The project released rewards in the form of 32,000 BOND tokens to stakers following the end...

Coinbase CEO Calls Article on Kayne West 'Epic', Gets Community Backlash

26 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

Coinbase CEO Brian Armstrong has landed in more hot water after he tweeted a link to a post about Kanye West’s presidential candidacy. The founder only last month emphasized that Coinbase would not maintain any political attitude. Armstrong tweeted...