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John McAfee's DEX GHOST is Live

22 Jun 2020 1 minute read 0 comments Abhimanyu Krishnan

John McAfee has announced that his recently announced decentralized exchange GHOST is live, according to a tweet post on June 22. The exchange’s mainnet is expected to launch today on June 22, in roughly 15 hours from the time of publishing. Reveale...

Reddit Now Wants To Expose Its 430M Users to Ethereum

19 Jun 2020 1 minute read 15 comments Abhimanyu Krishnan

Reddit has partnered with the Ethereum Foundation with the goal of scaling its cryptocurrency based Community Points program, according to a post made on June 19. The highly detailed post highlights a deepening interest on Reddit’s part for implement...

Coinbase Adds DeFi Token $COMP

19 Jun 2020 1 minute read 5 comments Abhimanyu Krishnan

Coinbase Pro announced on June 18 that it had listed Compound Finance’s recently issued $COMP token, and that trading will begin on June 23 at 9 AM PST. As has been the case with previous assets, tokens that are listed on Coinbase Pro are usually fol...

Former Mt. Gox CEO Will Face Fraud Lawsuit

18 Jun 2020 1 minute read 2 comments Abhimanyu Krishnan

On June 16, U.S. District Judge Gary Feinerman of the Northern District of Illinois ordered former Mt. Gox CEO Mark Karpeles' motion for summary judgement. The lawsuit was first filed in 2014 by Gregory Greene, a user of the exchange. Karpeles had ma...

Akon's Akon City is Moving Forward After $6 Billion Contract Signed

18 Jun 2020 1 minute read 3 comments Abhimanyu Krishnan

Singer, entertainer and philanthropist Akon has established a contract with a United States engineering firm KE International for the development of the next two phases of the cryptocurrency run city called Akon City. The $4 billion agreement will ha...

Ubisoft Launches Crypto Game Based on Popular Franchise, Proceeds Go to UNICEF

18 Jun 2020 1 minute read 0 comments Abhimanyu Krishnan

On June 17, video game publisher Ubisoft released a new cryptocurrency game based on their popular Rabbids franchise. Called Rabbids Token, the game will be launched on the Ethereum (ETH) blockchain. The proceeds collected from the game will entirely...

South Korean P2P Exchange Behind Last Week's Enormous Ethereum Transaction Fees

18 Jun 2020 1 minute read 0 comments Abhimanyu Krishnan

The Ethereum (ETH) network experienced two anomalous transactions last week that sparked a rise in transaction fees, with the transaction senders being unidentified. However, yesterday on June 17, South Korean peer-to-peer cryptocurrency exchange Goo...

Binance to Launch UK Trading Platform This Summer

18 Jun 2020 1 minute read 1 comment Abhimanyu Krishnan

Binance will launch a trading platform in the United Kingdom in the summer, according to a Reuters report on June 17. Marking yet another market that the popular exchange is attempting to tap into, the launch is expected to have 65 assets available f...

$COMP Becomes Largest Defi Token by Market Cap

17 Jun 2020 1 minute read 4 comments Abhimanyu Krishnan

Compound Finance’s newly launched $COMP token has quickly risen to become the largest Defi token by market cap, overtaking Maker (MKR). The introduction of the $COMP has resulted in a huge boost for the platform with nearly $80 million more in deposi...

Mayweather Backed ICO Founder Pleads Guilty

17 Jun 2020 1 minute read 0 comments Abhimanyu Krishnan

Robert Farkas, the co-founder of Centra Tech, has pleaded guilty to committing securities and wire fraud, the United States Justice Department announced in a press release published on June 16. Centra Tech is most well known for having professional b...