Ashwath Balakrishnan

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...

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....

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...

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...

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...

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...

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...

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...