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MakerDAO Community Approves New Assets for DAI Collateral

9 Jun 2020 1 minute read 0 comments Abhimanyu Krishnan

On June 7, the MakerDAO community voted to approve a new set of assets to act as collateral for its DAI stablecoin. The vote sees real-world assets in the form of trade invoices and music royalties serves as a way to generate DAI. The assets join Eth...

Coinbase Reportedly Looking at Selling Analytics Tools to IRS and DEA

9 Jun 2020 1 minute read 3 comments Abhimanyu Krishnan

On June 5, media outlet The Block reported that it had obtained records that showed US-based exchange Coinbase was in talks with the Internal Revenue Service (IRA) and Drug Enforcement Agency (DEA) to license its blockchain analytics software. These...

Bancor Surges Amid ConsenSys Security Audit

8 Jun 2020 1 minute read 2 comments Abhimanyu Krishnan

The Bancor Network (BNT) project announced on June 7 that ConsenSys is leading a security audit for its Bancor V2 network, which is slated for release sometime in Q2 2020.  The announcement has been accompanied by a price surge - the BNT token value...

Loopring Delivers Free and Instant Payments on Ethereum

8 Jun 2020 1 minute read 1 comment Abhimanyu Krishnan

The Loopring (LRC) team on June 6 announced that it had released Loopring Pay, a free and instant payment service on the Ethereum (ETH) blockchain. The new feature comes courtesy of the zkRollup protocol that Loopring had been working on, which great...

Yet Another Satoshi Candidate, This Time Linked to Pablo Escobar

8 Jun 2020 1 minute read 4 comments Abhimanyu Krishnan

There’s yet another surprise theory in the search for the identity of Bitcoin (BTC) creator Satoshi Nakamoto, courtesy of associates to the Escobar family. On June 6, CoinTelegraph spoke over the phone with Olof Gustafsson, the CEO of Escobar Inc and...

Binance Remains on Top of CoinMarketCap after Latest Algo Update

8 Jun 2020 1 minute read 0 comments Abhimanyu Krishnan

On June 4, CoinMarketCap recently introduced a new algorithm to rank exchanges, one of many changes planned to overhaul the exchanges ranking metric. However, Binance (which bought CoinMarketCap in April) remains at the top spot. The new algorithm s...

Block.One to Release Social Media Platform Voice Early

8 Jun 2020 1 minute read 0 comments Abhimanyu Krishnan

Voice CEO Salah Zalatimo announced that the social media platform will release on July 4, a month in advance before the earlier planned release of August. Stating the need to take social media influence back from big tech, Zalatimo said that the team...

CZ Says There Would Be No Binance Coin if It Wasn't for Vitalik

5 Jun 2020 1 minute read 6 comments Abhimanyu Krishnan

Binance CEO Changpeng Zhao, in a tweet posted on June 3, said that Binance Coin (BNB) would never have existed if not for Ethereum (ETH) co-founder Vitalik Buterin.  The conversation started after CZ, as the CEO is often called, replied to a tweet l...

Grayscale Bought Over 9500 Bitcoins Last Week

5 Jun 2020 1 minute read 5 comments Abhimanyu Krishnan

Grayscale investments purchased over 9500 Bitcoins for its Bitcoin Trust last week, accumulating even further as it now has bought over 28000 BTC since the halving - almost 10000 more than has been mined in the same period.  Kevin Rooke, who has bee...

RSK Designer Says Satoshi Would Never Spend His Bitcoins

5 Jun 2020 1 minute read 0 comments Abhimanyu Krishnan

Designer of the Bitcoin protocol RSK, Sergio Demian Lerner, in a Reddit AMA said that an examination of mining patterns from the early months of Bitcoin gives him the impression that Satoshi Nakamoto would never spend his ~1.1 million Bitcoins. Lern...