Vishal Chawla

Blog Info Crypto Briefing
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Stats Has written 33 posts about cryptocurrency

Dec 01 2020

Facebook’s Libra Rebrands Again, This Time As “Diem”

Dec 01 2020 Published at Crypto Briefing under tags  business facebook libra

Facebook's Libra cryptocurrency project has been rebranded to "Diem" in a new strategic move. The Diem Association announced the name change on its website on Dec. 1, 2020. Diem Is More Mature Since its inception, the project has been heavily criticized by regulators because of Facebook's...

BlockFi Rolls Out Bitcoin Rewards Visa Card for US Residents

Dec 01 2020 Published at Crypto Briefing under tags  business credit cards interest

Crypto lending firm BlockFi announced that it would launch a Bitcoin rewards credit card in January 2021. BlockFi's Bitcoin Visa Card The credit card will allow users to earn back 1.5% on all card purchases in Bitcoin. "For every transaction that you...

Nov 27 2020

Facebook to Finally Launch Scaled Back Libra Coin in January

Nov 27 2020 Published at Crypto Briefing under tags  business facebook libra

After facing lengthy backlash from regulators worldwide, a pared-down version of Facebook's Libra project will finally launch in January 2021. Zuckerberg's Libra Takes Flight According to the initial white paper, Libra Coin was described as a coin pegged to a composite of multiple fiat...

Nov 26 2020

Indian Crypto Investors Want to Clear the Fog Around Regulations

Nov 26 2020 Published at Crypto Briefing under tags  analysis regulation

Polychain-backed Indian crypto exchange CoinDCX has released a report titled "The Mood of the Nation Survey" to understand how Indian investors perceive the digital asset class. Young Indians Favor Crypto The CoinDCX survey covered responses from 11,000 Indian investors who are...

IDEX to Launch New Tokens Ahead of Polkadot, Binance Chain Integration

Nov 26 2020 Published at Crypto Briefing under tags  dexes technology

Decentralized cryptocurrency exchange (DEX) IDEX has announced a new multi- chain solution to expand its infrastructure to other blockchains. IDEX originally built infrastructure around Ethereum. The...

Nov 24 2020

Billion-Dollar SBI Japan Launches “Reliable” Interest on Bitcoin Deposits

Nov 24 2020 Published at Crypto Briefing under tags  business japan

SBI VC Trade, a subsidiary of the Japanese financial giant SBI Group,...

Forked Bitcoin Cash Chain Under DoS Attack

Nov 24 2020 Published at Crypto Briefing under tags  analysis bitcoin cash fork

Bitcoin Cash ABC (BCHA), the result of the recent Bitcoin Cash (BCH) hard fork, has witnessed an attack where a single miner is disrupting the network. Bitcoin Cash...

Nov 19 2020

Politicians in Brazil Use Decred to Record Political Donations

Nov 19 2020 Published at Crypto Briefing under tags  analysis

Eleven mayoral election candidates across Brazil are leveraging Decred to help track their election campaign donations....

Nov 17 2020

IDEX to Launch New Tokens Ahead of Polkadot, Binance Chain Integration

Nov 17 2020 Published at Crypto Briefing under tags  dexes technology

Decentralized cryptocurrency exchange (DEX) IDEX has announced the launch of a new multi-chain solution to expand its infrastructure to other blockchains. IDEX originally built infrastructure around...

Nov 16 2020

Crypto Community Rejoices as SEC Chairman Steps Down

Nov 16 2020 Published at Crypto Briefing under tags  analysis regulations sec

Jay Clayton, the current chairman of the Securities and Exchange Commission (SEC), announced...

Hodl Hodl Opens Decentralized Bitcoin Lending to US Users

Nov 16 2020 Published at Crypto Briefing under tags  business

The British decentralized Bitcoin exchange Hodl Hodl said that it is opening its lending service Lend for U.S. customers. ...

Nov 15 2020

New Bitcoin Mining Pool Says It Will Censor BTC Transactions

Nov 15 2020 Published at Crypto Briefing under tags  analysis

Blockseer, a U.S.-based subsidiary of DMG Blockchain Solutions, recently announced a private beta version of...

Nov 13 2020

Ripple Rebrands PayID After 13 Banks Sue for Copyright Infringement

Nov 13 2020 Published at Crypto Briefing under tags  business lawsuit

San Francisco-based crypto company Ripple has registered a new trademark for a product called PayString with the U.S. Patent and Trademark Office (USPTO). Based on court documents, however, the rebrand may be nothing more than the resolution of...

SEC Joins Major Authorities, Qualifies Banks as Bitcoin Custodians

Nov 13 2020 Published at Crypto Briefing under tags  analysis regulations sec

The securities and Exchange Commission (SEC) now qualifies U.S. banks, broker- dealers, and registered futures commission merchants as custodians for digital assets, including both cryptocurrencies such as...

Nov 08 2020

Cred Files for Bankruptcy Following Fraud Incident

Nov 08 2020 Published at Crypto Briefing under tags  business

After halting depositings and withdrawals after a fraud incident, Cred has now filed for Chapter 11 bankruptcy in the District Court of Delaware. Cred owes at least $67 million to its creditors, according to the bankruptcy document. Cred is also one of several lending and borrowing companies, like Celsius, to...

Privacy Coin GRIN Suffers 51% Attack, Network Still Vulnerable

Nov 08 2020 Published at Crypto Briefing under tags  analysis

Privacy-centric blockchain network Grin experienced a 51% attack, a type of attack where a single miner (or group of miners) acquires more than 50% of the mining hash power and takes over the network. ...

Nov 07 2020

Square Selling Bitcoin Faster Than Can Be Mined, Supply Crisis Incoming?

Nov 07 2020 Published at Crypto Briefing under tags  business

Square sold a record 160,000 Bitcoin in Q3 2020. As it stands, consumer demand for Bitcoin far outstrips new supply from mining. The U.S. is in the midst of a Bitcoin boom among financial services companies. Investment funds and payment providers which offer BTC are selling record quantities. For instance, financial services company Square generated...

Nov 05 2020

US Government Now a Bitcoin Whale Thanks to $1 Billion Silk Road Seizure

Nov 05 2020 Published at Crypto Briefing under tags  uncategorized

The United States Department of Justice (DoJ) has seized cryptocurrencies from an anonymous person called Individual X, including 69,370 Bitcoin. The assets are worth over a billion dollars and belonged to this address:...

Gamers Can Now Earn Extra AAVE Tokens While Playing Axie Infinity

Nov 05 2020 Published at Crypto Briefing under tags  business gaming

DeFi platform Aave has announced a partnership with Axie Infinity, a Pokemon- like game on Ethereum. The partnership begins on Nov. 9. AAVE Tokens up for Grabs on Axie Infinity...

Oct 29 2020

Bitcoin Hash Rate Drops as Chinese Miners Hunt for Cheaper Power

Oct 29 2020 Published at Crypto Briefing under tags  analysis china

While the Bitcoin hash rate rose throughout 2020, recently it witnessed a sharp decrease. According to reports, the decline in hash rate is due to Chinese miners pausing their operations....

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