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Ethereum 2.0 On Track for July Launch Date, Says Vitalik

12 May 2020 1 minute read 0 comments Abhimanyu Krishnan

Ethereum (ETH) co-founder Vitalik Buterin has spoken reassuringly about the imminent launch of Ethereum 2.0, saying that it is “moving forward on all fronts” at the Consensus: Distributed conference on May 11.  Buterin spoke of the release of the ETH...

New Crypto Scams Appear on YouTube and Facebook Amid Bitcoin Halving

11 May 2020 1 minute read 5 comments Abhimanyu Krishnan

A new Bitcoin (BTC) scam is emerging on YouTube and Facebook, one using Apple co-founder Steve Wozniak’s image to lure unsuspecting users to offer funds in return for bogus returns. Reports of scams are nothing new in the cryptocurrency market, which...

BTC People Seem Happy About Centralized Middlemen, Says Vitalik

11 May 2020 1 minute read 0 comments Abhimanyu Krishnan

Vitalik Buterin, in a twitter thread dated May 7 that discussed the goals of Bitcoin (BTC) and Ethereum (ETH), spoke of how Ethereum was decentralizing many functions that otherwise would be handled by middlemen.  While some in the post argued that...

Ethereum-Powered Company Allows People to Monetize Zoom Sessions

11 May 2020 1 minute read 1 comment Abhimanyu Krishnan

DApp developer 2key New Economics in late April announced a new DApp that allows users of popular video conferencing application to earn cryptocurrency for their use of the platform. Called SmartSessions, the DApp lets companies and individuals earn...

Interest in Bitcoin Options Rises Above $1B

11 May 2020 1 minute read 0 comments Abhimanyu Krishnan

Open contracts for Bitcoin (BTC) have hit a record high, after cryptocurrency research company Skew released data on May 8 that showed that Open Interest (OI) in options had gone past $1 billion. The previous all-time high, $970 million occurred on F...

Coinbase Goes Down Again During $10K to $8K Dip

11 May 2020 1 minute read 6 comments Abhimanyu Krishnan

US-based exchange Coinbase experienced downtime on May 9, just as the Bitcoin (BTC) price crash was about to occur, according to the exchang’s status page and reports from users. The partial outage affected Coinbase’s website, mobile apps and APIs, s...

Telegram Will Hand Over Documents Related to ICO to the US SEC

8 May 2020 1 minute read 2 comments Abhimanyu Krishnan

Telegram is set to hand the United States Securities and Exchange Commission (SEC) documentation and communications related to the 2018 ICO, which raised $1.7 billion, after an order of consent was filed by the company on May 7. The deadline for the...

Billionaire Paul Tudor Jones Invests in Bitcoin to Hedge Against Inflation

8 May 2020 1 minute read 2 comments Abhimanyu Krishnan

Hedge fund manager, philanthropist and conservationist Paul Tudor Jones, who founded the Tudor Investment Corporation, has invested in Bitcoin (BTC) in order to hedge against inflation, according to a Bloomberg post published on May 7.  Jones’ statem...

Sqaure's Bitcoin Revenue Beats Fiat Revenue

7 May 2020 1 minute read 2 comments Jeremy Wall

Square’s Cash App, a top-rated mobile payment service that provides an easy way to send, spend, save, and invest your money, has publicly announced on Wednesday (May 6, 2020) that its Bitcoin revenue has topped its fiat revenue for the first time in...

HSBC Chief Legal Officer Becomes Libra Association's First CEO

7 May 2020 1 minute read 0 comments Jeremy Wall

The Libra Association announced Wednesday (May 6, 2020), that Stuart Levey would be joining the Facebook-created consortium, as their first Chief Executive Officer (CEO). Levey has extensive background experience in the regulatory and government sect...