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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 20 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...

Yearn.finance Voting on $206M Token Minting

21 Jan 2021 1 minute read 0 comments Abhimanyu Krishnan

Yearn.finance (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 4 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...

Brave Browser Integrates IPFS

20 Jan 2021 1 minute read 25 comments Abhimanyu Krishnan

Privacy-focused Brave Browser has integrated the InterPlanetary File System (IPFS), the team announced on Jan. 19. Brave Brave has integrated the IPFS into its Windows, macOS and Linux browsers to take another step towards establishing Web 3.0 Users...

DeFi Options Protocol Charm Finance Launches

20 Jan 2021 1 minute read 2 comments Abhimanyu Krishnan

Decentralized options protocol Charm Finance has launched, according to a blog post published on Jan. 18. Charm grants users several benefits for options trading, including lower slippage. Charm Finance splits tokens into tokenized payoffs and uses...