Coinbase’s listing, to a fair extent, bridges gap between the traditional financial world and the branching crypto world. The financial industry on Wall Street is now gradually adopting and familiarising itself to how crypto works.  In a recent podcast, shedding light on the same, Jeff Dorman, Chief Investment Officer at digital asset management firm, Arca,Continue reading “This industry leader explains why Coinbase listing’s ‘expectations failed’”

The crypto-regulatory clock in the US is ticking, and as the digital asset space seeks to replace the traditional financial industry, it is plagued with a host of challenges. Industry leaders are busy lobbying and trying to get some regulatory clarity. Talking on similar lines recently, Charles Hoskinson, Co-founder of IOHK, firmly asserted,  “We as aContinue reading “Cardano’s Charles Hoskinson highlights the worst-case scenario for markets”

Understanding a 51% attack on Bitcoin is important to understand how secure the network is. The attack comprises a potential attack on a blockchain network, where a single entity or organization is able to control the majority of the hashrate, which could lead to network disruption. Mike Green and Anthony Pompliano have time and againContinue reading “Can an adversary, one with $7 Billion dollars, take down bitcoin in 51% attack?”

With Canada already consolidating its position on Bitcoin ETFs, the Biden administration in the US is under pressure to approve a new regulatory framework for the crypto market. Commenting on the possibility of a Bitcoin ETF and the approach of the renewed government, Fox Business’ Charles Gasparino in a recent tweet said, “The Joe BidenContinue reading “Cardano’s Hoskinson underlines what is not normal for markets”

FLR tokens will be airdropped to a vast majority of XRP holders in late Q2, 2021. US-based Certified Public Accountant, James Yochum, took Twitter to elaborate on how taxation norms could potentially affect FLR’s airdrop to XRP holders.  Yochum asserted that FLR holders would be put at an unfair tax disadvantage. He pointed out thatContinue reading “Ripple CTO addresses tax confusion on FLR airdrop to XRP holders”

EasyFi, a layer 2 DeFi lending protocol, undergoes a hack to the tune of $6 million from protocol pools in USD/DAI/USDT. Founder and CEO, Ankitt Gaur addressed the incident on Twitter. He stated that: On Monday, 19th April 2021 our team members reported the transfer of a large amount of EASY and protocol funds fromContinue reading “EasyFi, a DeFi lending protocol, undergoes a hack”

With new regulators stepping in lately, financial regulatory bodies in the United States are undergoing a transition phase. As digital assets are becoming even more popular today, all eyes are on the regulators. President Biden’s pick – Gary Gensler – was sworn into office of US SEC, after his confirmation hearing the previous week. InContinue reading “With SEC vs Ripple, Bitcoin ETFs, what to expect from new SEC leadership”

With the SEC adopting a theoretical approach of inducing general fear and making businesses think that they’re the next ones to be prosecuted, entities try their best to comply with the regulations and avoid risk of being investigated.   Recently, after the SEC charged crypto company Ripple for alleged illegal security offering through  XRP, theContinue reading “XRP, Ripple Lawsuit effect: Understanding SEC’s mission with crypto markets”

The DeFi tide in South Asia ascended even further as XRP stepped into its territory. XRP’s DeFi integration with Wanchain, a blockchain interoperability platform,  could turn the tables and prove to be a game-changer in the crypto space. The cross-chain platform, Wanchain, connects isolated public and private blockchains and facilitates the transfer of assets by hostingContinue reading “Has XRP consolidated its position in South Asian markets”

By creating an ecosystem that connects blockchain networks that thrive on interoperability, Wanchain has been gaining ground since 2017. After successfully announcing its latest partnership with XRP, Wanchain’s CEO, Jack Lu, made it evident that their platform had even bigger plans for the future. Lu said,  “We are not looking at the private chains right now, we areContinue reading “After XRP partnership, is Polkadot and Litecoin next on Wanchain’s list”

South Korea has seen a dramatic increase in crypto-investments lately. Unlike in the U.S, South Korean regulatory bodies had initially kept themselves from intervening in the digital asset ecosystem. At the moment, however, the situation is not the same anymore. Lee Ju-yeol, the Governor of the Bank of Korea (BOK), is in the news today after heContinue reading “Bank of Korea Governor becomes latest to attack crypto-assets’ ‘limitations’”

U.S. crypto-investors have for long been plagued by the lack of an exclusive regulatory body for digital assets. In fact, this was a common complaint when the previous administration was in office. Given the scale of the bullishness in the crypto-market, many in the community are keen to know how the present Biden-led administration isContinue reading “Are Biden and Yellen on the same side of the crypto-regulatory argument?”