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Berlin: $12M Real Estate Tokenized

15 Apr 2020 1 minute read 0 comments Abhimanyu Krishnan

Germany’s Black Manta Capital Partners has tokenized Berlin real estate on its platform on April 14, making it the first of what is to be many such projects to be launched on the platform. Black manta, which specializes in Security Token Offerings (S...

Central Banks May Prohibit Fully Decentralized Stablecoin Systems

15 Apr 2020 1 minute read 0 comments Abhimanyu Krishnan

The Financial Stability Board, an influential international body that is composed of all G20 members, on April 14 has published a lengthy document on regulating stablecoins that provides some insight into the regulatory body’s approach to the asset c...

Global Lockdown Can Take Bitcoin Down With It

15 Apr 2020 1 minute read 0 comments Abhimanyu Krishnan

The International Monetary Fund (IMF) on April 14 2020 published extended statements on the state of the world’s economy, which has been battered in the wake of the COVID-19 pandemic. The post makes some dire remarks, saying that this is the “worst e...

Maker Foundation Faces $28M Lawsuit

15 Apr 2020 1 minute read 0 comments Abhimanyu Krishnan

Three entities associated with MakerDAO -The Maker Foundation, the DAI Foundation and Maker Ecosystem Growth Foundation - all face a new class-action lawsuit that claims that the aforementioned parties have been “actively misrepresenting to investors...

Bitcoin To Revisit $3.2K, Says Silk Road Founder

14 Apr 2020 1 minute read 0 comments Abhimanyu Krishnan

Silk Road founder Ross Ulbricht, whose dark web marketplace was once a hotspot for Bitcoin transactions, published a blog post on April 11, claiming that Bitcoin will see further retracing that could last an extended period before rallying into a bul...

China Releases Blockchain Index Ranking, Bitcoin Not Even in Top 3

14 Apr 2020 1 minute read 1 comment Abhimanyu Krishnan

China’s Center for Information and Industry Development (CCID), which periodically released a ranking of blockchains, published the latest version of its rankings on April 10. The 17th edition of the Global Public Chain Technology Evaluation Index se...

Ethereum Founder Says Crypto Mining on Phones is Fool's Game

14 Apr 2020 1 minute read 0 comments Abhimanyu Krishnan

Ethereum founder Vitalik Buterin doesn’t believe that mining conducted on mobile phones is of any use, tweeting on April 13 that it is a “fool’s game” and that it “more likely to trick users with false hope than help them”, The device referred to in...

Justin Sun Faces Heavy Accusations amid Steem Takeover

14 Apr 2020 1 minute read 0 comments Abhimanyu Krishnan

TRON founder Justin Sun and the TRON Foundation continue to face allegations in the weeks following the TRON Foundation’s takeover of the STEEM network. Dan Hensley, one of the STEEM network’s largest stakeholders, offered a detailed account of the t...

Gold Up, Bitcoin Down, Says Peter Schiff

13 Apr 2020 1 minute read 0 comments Abhimanyu Krishnan

Prominent Bitcoin critic Peter Schiff, never one to shy away from dismissing the asset, tweeted on April 11 that the years to come will see gold moon as “Bitcoin crashes to Earth.” Schiff boldly states that Bitcoin, which has consistently outperforme...

Ripple's Tech Supports Instant Transactions Between Europe and Thailand

13 Apr 2020 1 minute read 0 comments Abhimanyu Krishnan

RippleNet member Siam Commercial Bank (SCB), Thailand’s oldest bank, announced a partnership with money transfer service Azimo on April 9 that will see the two parties use Ripple’s technology to facilitate instant cross-border transfers from Europe t...