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Grayscale Launches Crypto Commercial on Major US News Networks

13 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

Digital asset management firm Grayscale Investments on August 10 launched a cryptocurrency commercial which was aired on major news networks in the United States. This is the second time that Grayscale has launched a TV advertisement campaign for cry...

Aragon Gets Listed on Binance, OKEx and Huobi in 24 Hours

13 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

On August 13, Decentralized Autonomous Organization (DAO) platform Aragon (ANT) was listed on Binance, OKEx and Huobi, all within a span of 24 hours. The token’s price has surged since the announcement of the listings. Binance has listed the ANT tok...

1inch DEX Raises $2.8M

13 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

On August 11, DEX aggregator platform 1inch announced that it had raised $2.8 million in its first round of investment, which included participation from Binance Labs, Galaxy Digital and institutional investors. Led by Binance Labs, investors includ...

Tether Moves 500 million USDT from TRON to Ethereum

12 Aug 2020 1 minute read 3 comments Abhimanyu Krishnan

On August 10, Tether (USDT) moved 500 million USDT from TRON (TRX) to Ethereum (ETH). Tether and a third party, which appears to be Binance, coordinated to swap the funds between blockchains Total supply has not changed Tether has explained that exc...

Blockchain Firm Bison Trails' Platform Lets you Build On Top of Dapper Labs' Flow Blockchain

12 Aug 2020 1 minute read 1 comment Abhimanyu Krishnan

Blockchain infrastructure company Bison Trails announced on August 10 that it will support CryptoKitties creator Dapper Labs’ blockchain Flow. Bison Trails will support all 5 of Flow’s node types, including for transaction collection and verificatio...

Trading at Uniswap is Getting More Expensive as Ethereum Gas Fees Keep Rising

12 Aug 2020 1 minute read 1 comment Abhimanyu Krishnan

Larry Cermak, Director of Research at the Block, tweeted on August 12 about rising gas prices on the Uniswap exchange are reaching the point where it would be unfeasible for most retail investors Gas prices began climbing on August 12, according to...

New Yield Farming Protocol Yam Finance Launches

12 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

The DeFi space will have another yield farming protocol join its midst, as Yam Finance announced its launch on August 11. It has been described as an “experimental protocol” that has innovative features for governance and programmable money. Protoco...

Chia Raises $5M in Funding Round Led By Slow Ventures

12 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

Smart transaction platform Chia Network has raised $5 million in a round of funding led by Slow Ventures, according to Coindesk. Chia Network is aiming to be a more efficient and secure version of popular digital currencies. Chia Network uses a “sma...

Hong Kong Will be the First City to Use China's Digital Currency

12 Aug 2020 1 minute read 2 comments Abhimanyu Krishnan

Local media outlet Southern Daily reported on August 12 that officials from the People’s Bank of China had confirmed that Hong Kong’s Greater Bay Area would be the first region that would use China’s digital currency, DCEP.  China has been testing a...

Band Protocol Partners with Coinmarketcap

12 Aug 2020 1 minute read 1 comment Abhimanyu Krishnan

High-performance blockchain and oracle provider Band Protocol (BAND) announced a partnership with crypto price tracker CoinMarketCap on August 12. The collaboration will result in users being rewarded for participation in an education program. Band...