Ashwath Balakrishnan

Blog Info Crypto Briefing
Blog website Link
Stats Has written 8 posts about cryptocurrency

Oct 02 2020

Bitcoin Once Again Proves It’s a Risk Asset, Not a Safe Haven

Oct 02 2020 Published at Crypto Briefing under tags  analysis gold risk asset

The price of Bitcoin reacted negatively to news of President Trump contracting Coronavirus while gold witnessed a small rally. Gold is still the leading safe-haven asset by a mile with BTC acting as a risk asset, but investors shouldn't expect this to persist for very long. Bitcoin Breaks Common Narratives The value proposition of Bitcoin is that it's a superior, digital...

Oct 01 2020

Zapper vs. Zerion: Comparing the Top DeFi Aggregators for Crypto Investors

Oct 01 2020 Published at Crypto Briefing under tags  analysis

Despite recent controversies, Internet companies have made exploring cyberspace a breeze. Instead of interacting with pure code or clunky protocols, companies like Google make it easier for users to connect. Dashboards and other UX-enhancing products play this same role for the fledgling DeFi ecosystem. The two leaders in this field are Zapper and Zerion....

Sep 30 2020

KuCoin Hacker Exposes Decentralization Theater Among DeFi Projects

Sep 30 2020 Published at Crypto Briefing under tags  analysis decentralization

In a bid to stop the KuCoin hacker from cashing in on their loot, crypto projects like Tether, Ocean Protocol, and Ampleforth pushed measures to lock the hacker's funds. In so doing, however, each project revealed just how centralized they truly are. KuCoin Hack Reveals False Decentralization In the last few weeks, stablecoin operator Tether announced they would help...

Sep 28 2020

Bitfinex Opens Trading for Two of Europe’s Largest Stock Indices

Sep 28 2020 Published at Crypto Briefing under tags  business trading

Crypto exchange Bitfinex has brought two of Europe's top stock indices - the Europe 50 and the DAX 30 - to its futures exchange. The indices will be tradeable using perpetual contracts, and the markets will be open 24 hours a day, presenting a unique edge over stock brokerages. Bitfinex Bridge Equities and Crypto Bitfinex has officially launched two equity index futures on...

Sep 25 2020

Ocean Protocol Taps Balancer to Create a Marketplace for “Data Tokens”

Sep 25 2020 Published at Crypto Briefing under tags  technology

While the market focuses on the plight of DeFi tokens, Balancer and Ocean Protocol have teamed up to build the sector's first fair marketplace to buy and sell data. Ocean's data tokens will be listable on Balancer's exchange, promising new utility for DeFi and crypto. Ocean Protocol Launches Data Marketplaces Automated...

Sep 24 2020

Data Reveals Trading Volume on Tron’s DEX JustSwap Inflated by Millions

Sep 24 2020 Published at Crypto Briefing under tags  business wash trading

JustSwap, a Uniswap clone, recorded over $360 million of trading volume in an unknown token, raising suspicion that the exchange is rife with wash trading. This comes at a time when the largest DeFi tokens are struggling to trade over $150 million of daily volume. Unverified Tokens, Millions of Dollars in Volume Uniswap's...

Sep 23 2020

Permissionless Bitcoin Is Back on Ethereum After Early Disaster

Sep 23 2020 Published at Crypto Briefing under tags  technology

Permissionless Bitcoin product, tBTC, is re-launching on Ethereum mainnet, but this time with adequate safety measures. The smart contracts have been audited extensively, and the protocol will limit the supply of tBTC, gradually lifting the cap with time. tBTC Adds More Bitcoin to Ethereum...

Sep 21 2020

Leaked FinCEN Documents Show Global Banking Responsible for $2 Trillion in Dirty Money

Sep 21 2020 Published at Crypto Briefing under tags  analysis money laundering

Banks all over the world have been caught red-handed laundering illicit money and helping affluent individuals evade American sanctions, according to FinCEN documents. The traditional financial system is broken in many ways. But is crypto much better? Banks Privy to Money Laundering Governments have been...

Know a good blog/source that is not listed? Contact us or fill the form below to add one:

Tag cloud