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New Documents by Craig Wright's Lawyers Mention Address Involved in Mt. Gox Theft

15 Jun 2020 1 minute read 1 comment Abhimanyu Krishnan

Yet another twist has formed in the Craig Wright case, with new information made public on June 12 seemingly indicating that Wright’s lawyers have admitted to owning an address that was involved in a Mt.Gox theft of 80,000 Bitcoin (BTC). Riccardo Spa...

Dash's New Q1 Report Reveals 104% Increase in Commercial Payments

10 Jun 2020 1 minute read 10 comments Abhimanyu Krishnan

Dash (DASH) has published a financial report for Q1 2020, experiencing a 104% rise in commercial payments in the quarter, also accompanied by greater adoption and trading volume.  The surge in network usage is said to be a result of the many partners...

Deutsche Boerse to List Bitcoin ETP

10 Jun 2020 1 minute read 3 comments Abhimanyu Krishnan

The ETC Group is set to have a Bitcoin Exchange-Traded Product (ETP) listed on Xetra, a trading platform owned by Deutsche Boerse. The ETP, listed under the name Bitcoin Exchange Traded Crypto (BTCE), will be listed with the help of HANetf. The ETP i...

Almost Half of PAX transfers Tied to Ponzi Schemes, According to Report

10 Jun 2020 1 minute read 2 comments Abhimanyu Krishnan

A new report released by Coin Metrics on June 9 has resulted in some interesting conclusions by the data analytics firm. After looking at transactions over the past year, the firm said that a few accounts accounted for most of the network activity, a...

MakerDAO Spikes Over 20% Following Real-world Asset Vote

10 Jun 2020 1 minute read 0 comments Abhimanyu Krishnan

The MKR token of the MakerDAO ecosystem has rallied by more than 20% following a recent vote that enabled new types of token backed by real world assets to act as collateral for DAI generation.  MKR's value jumped by over 20% on June 9. On June 9, M...

Fidelity: US Institutional Investors Buying Crypto Futures Double in 2020

10 Jun 2020 1 minute read 1 comment Abhimanyu Krishnan

On June 9, Fidelity Digital Assets published the results of a survey that was conducted between November 2019 and March 2020, and the results indicate that interest is rising in both the sport and derivatives market.  The survey was conducted by Gre...

Ethereum Surpasses Bitcoin in Daily Network Fees

9 Jun 2020 1 minute read 8 comments Abhimanyu Krishnan

The daily total network fees of the Ethereum (ETH) blockchain surpassed that of Bitcoin’s on June 6 and 7, an extremely rare occurrence for the network. This has been accompanied by heavy transaction activity, largely contributed to by Tether (USDT)....

Brave Browser CEO Hints YouTube Killer Coming Soon

9 Jun 2020 1 minute read 33 comments Abhimanyu Krishnan

Brave browser CEO Brendan Eich on June 9 posted a brief response to a user’s tweet with respect to when Brave would launch a ‘YouTube killer’ - hinting that it was imminent. There isn’t very much more information on this initiative by Brave, but if...

ConsenSys Launches New Compliance Platform for DeFi

9 Jun 2020 1 minute read 2 comments Abhimanyu Krishnan

On June 8, blockchain software company ConsenSys launched a new compliance platform, called Codefi Compliance, that provides compliance and analysis tools for the decentralized finance (DeFi) space.  A preview of the Codefi Compliance platform. Sour...

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...