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Crypto and Crypto Regulations

The past few weeks have seen plenty of buzz around cryptocurrency regulations. Yes, even before the news of India’s cryptocurrency bill broke. For legislators across the globe, the use of cryptocurrency for criminal financing has been a significant concern. Incidents like the Bitcoin scam on Twitter last year don’t help this perception. As blockchain technology […]

Why We Need DeFi: The /r/wallstreetbets Story

The story of /r/wallstreetbets is a David and Goliath story that we shouldn’t forget. The memes are great, and who doesn’t love beating Wall Street at its own game? But as the establishment rushes to protect its biggest fish, let this story also serve as a reminder. A reminder of how heavily the cards are stacked against the individuals in favor of billionaire Wall Street Traders. Let it also serve as a sign for the change DeFi could bring.

Bitcoin Cash: Preparing for the Hard Fork

On November 15th, Bitcoin Cash network will undergo upgrades, which may also lead to a split in its blockchain. This process is called a hard fork. The two new chains, Bitcoin ABC (BCHA) and Bitcoin Cash Node (BCHN) differ on the introduction of an infrastructure funding proposal (IFP) added to the BCHA codebase. We’re committed […]

MakerDAO: Governing Stability in the Crypto Economy

The cryptocurrency economy is characterized by its volatility, with coin prices surging up and down in the blink of an eye. MakerDAO intends to change that, by introducing a new degree of stability to the marketplace. MakerDAO believes that a decentralized stablecoin is required to have anyone fully realize the advantages of digital money. Their […]

Kraken Financial: Banking for Digital Assets

Last Month, Kraken made cryptocurrency history with an announcement on their blog.  The State of Wyoming, where Kraken is headquartered, approved their application to form the world’s first Special Purpose Depository Institution (SPDI), tentatively called Kraken Financial. On their blog, Kraken stated that their vision is to become the world’s trusted bridge between the crypto […]

Local economies running on digital currency?: A Kenyan village leads the way

In Kenya, a digital currency called Sarafu is helping a community deal with the economic fallout of the coronavirus. A report by Rest of World trailed members of Mukuru Kayaba, an informal settlement close to Nairobi, showing how jobs in the informal economy greatly benefited from the use of digital currencies.

India had 2nd highest growth in crypto usage

Last week, Blockchain.com revealed its list of the countries with the biggest growth in crypto users. Based on web wallet creation, Peru was #1, followed by India. According to Blockchain.com: Peru, India, Indonesia, and Nigeria are among the countries with the biggest increase in crypto wallet creation based on data from Blockchain.com, which has over […]

Bitcoin marks its spot in mainstream capital allocation

In a historical move, MicroStrategy, the Nasdaq-listed business intelligence company, has become the first listed company to take $250 million from their balance sheet and purchase 21,454 bitcoins in a bid to extract more value from their investment. Their CEO, Michael Saylor commented: “Our investment in Bitcoin is part of our new capital allocation strategy, which […]