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Kyber 3.0: Architecture Revamp, Dynamic MM, and KNC Migration Proposal

22 Jan 2021 1 minute read 1 comment Abhimanyu Krishnan

The Kyber Network (KNC) team, in a blog post published on Jan. 21, outlined the changes that will accompany the Kyber 3.0 upgrade, which aims to adapt to DeFi trends and facilitate more innovation. The Kyber 3.0 upgrade will see Kyber move from supp...

PornHub Adds XRP, BNB, DOGE and USDC as Payment Options

22 Jan 2021 1 minute read 7 comments Abhimanyu Krishnan

Adult entertainment site PornHub has added support for payments in XRP, BNB, DOGE and USDC, as of Jan 21. With over 3 billion monthly visitors, PornHub stands to gain a lot from cryptocurrency payments, especially after the suspension of Visa and Ma...

Freshly Appointed SEC Chairman Knows More About Crypto Than You

22 Jan 2021 1 minute read 1 comment Abhimanyu Krishnan

Newly elected US President Joe Biden has picked Gary Gensler to serve as the Chairman of the United States Securities and Exchange Commission (SEC), according to reports published on Jan 21. With rumours of Gensler’s nomination first appearing in Nov...

Bitcoin's Double Spend Rumors Explained

22 Jan 2021 1 minute read 5 comments Abhimanyu Krishnan

News that a double spend had occurred on the Bitcoin network on Jan. 21 set the media abuzz, with multiple people taking to social media to dispel the exaggerated conclusions drawn by some media outlets. Several outlets reported that a double spend...

Rumors on Grayscale's LINK Trust

22 Jan 2021 1 minute read 0 comments Abhimanyu Krishnan

Rumours are swirling that digital asset management firm Grayscale Investments is going to launch a Chainlink (LINK) investment fund, besides launching funds for several other assets. Documents filed at the State of Delaware’s Division of Corporation...

US President Biden Pauses Trump Administration’s Crypto Wallet Rules

21 Jan 2021 1 minute read 18 comments Abhimanyu Krishnan

US President Joe Biden, having taken office on Jan. 20, has temporarily suspended all new or pending rules that the Trump administration had initiated. The suspension includes rules proposed for cryptocurrency wallets by former US Treasury Secretary... Voting on $206M Token Minting

21 Jan 2021 1 minute read 0 comments Abhimanyu Krishnan (YFI) governance community introduced a new proposal on Jan. 21 to fund the Yearn’s future operations, as seen in the governance forum. The proposal calls for the minting of 6,666 YFI tokens, worth approximately $206 million. The propo...

Eth2 Devs Talk About 2021 Progress and Plans

21 Jan 2021 1 minute read 2 comments Abhimanyu Krishnan

Ethereum developer Danny Ryan, in an update published on Jan. 20., provided a high-level update of the progress and plans for Ethereum 2.0 in 2021. Ryan emphasizes that the post offers his vision and outlook for 2021 and that the whole development p...

Vitalik Has Nearly $450M in ETH on His Public Wallet

21 Jan 2021 1 minute read 1 comment Abhimanyu Krishnan

The ETH holdings of Ethereum co-founder Vitalik Buterin have grown by over 700% during the bull run to over $400 million as seen on his wallet address as of Jan. 21. Buterin holds 33,348.3 ETH in his main personal wallet, although it is one of his 3...

Enjin Becomes the First Regulated Gaming Token in Japan

20 Jan 2021 1 minute read 6 comments Abhimanyu Krishnan

The Japanese Virtual Currency Exchange Association (JVCEA) has approved gaming focused cryptocurrency Enjin (ENJ) for listing on the Coincheck exchange, the Enjin team announced in a blog post on Jan. 19. The approval makes Enjin the first regulated...