Vishal Chawla

Blog Info Crypto Briefing
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Stats Has written 155 posts about cryptocurrency

Apr 16 2021

Rothschild Investment Adds Ethereum, Surpassing Bitcoin Holdings

According to a recent filing with the SEC, the Chicago-based Rothschild Investment has made a substantial investment in Ethereum. Rothschild Investment Doubles Down on Ethereum The firm purchased 265,302 shares of...

Apr 15 2021

Stateless Money Launches Index Token for Polkadot

Apr 15 2021 Published at Crypto Briefing under tags  business defi index funds polkadot

Stateless Money, a staking service that manages $150 million worth of assets, announced it would launch an index token for Polkadot. Index Investing Comes to Polkadot Polkadot is a fast-growing interoperable blockchain backed by the Web3 Foundation that has seen significant...

Apr 14 2021

Coinbase Marks IPO With Memo on Bitcoin Blockchain

Apr 14 2021 Published at Crypto Briefing under tags  bitcoin business coinbase

Coinbase has commemorated its public Nasdaq listing by posting a message to the Bitcoin blockchain. Coinbase...

Binance Will Launch Coinbase Trading Alongside Nasdaq

Apr 14 2021 Published at Crypto Briefing under tags  business

Hours before Coinbase begins trading on Nasdaq, Binance, another top cryptocurrency exchange, has announced the launch of the Coinbase Stock Token on the platform. Binance Launches Coinbase Tokens The...

Apr 10 2021

SEC Blocked From Seeing Ripple Execs’ Personal Bank Records

Apr 10 2021 Published at Crypto Briefing under tags  analysis ripple xrp

Ripple executives Brad Garlinghouse and Chris Larsen have been granted a motion to overturn the SEC's attempts to obtain their personal financial records. Ripple The SEC previously sent subpoenas to six different banks asking for the personal banking information of Garlinghouse and Larsen. The two...

Apr 09 2021

CipherTrace and Chainlink Just Made DeFi More Compliant

CipherTrace's DeFi Compli, a new compliance oracle on Chainlink, assists DeFi projects in following OFAC sanctions and block blacklisted cryptocurrency addresses. CipherTrace to Keep DeFi Compliant DeFi Compli is targeted at helping DeFi projects be compliant with the Office of Foreign Assets Control (...

Apr 08 2021

Monero Leader Accuses MobileCoin of Borrowing Code

Apr 08 2021 Published at Crypto Briefing under tags  technology

MobileCoin is facing criticism around the origin of its features following accusations from one of Monero's lead developers. Did MobileCoin Borrow Code From Monero? MobileCoin combines Ring Confidential Transactions (RingCT) for privacy and Stellar consensus for fast block times. Josh Goldbard, the CEO of Mobile, claims that...

Ledger and Shopify Face Class Action Lawsuit Over Data Breach

Apr 08 2021 Published at Crypto Briefing under tags  business hack lawsuit ledger wallets

Hardware wallet firm Ledger and its e-commerce partner Shopify have been hit by a class-action lawsuit over a 2020 data breach that leaked the personal data of 270,000 customers. Plaintiffs Lost Funds In Phishing Attacks The legal complaint has been brought to a North California court by...

Equilibrium Raises $2.5 Million to Compete in Polkadot Auction

Equilibrium, an interoperable DeFi project on Polkadot, raised $2.5 million to build its decentralized trading platform. Equilibrium Promises Cross-Chain DEX The funding round saw participation from various crypto funds, including KR1, Signum Capital, Hypersphere, Block Dream,...

Apr 07 2021

Access to SEC Documents Will Aid Ripple’s Defense

Apr 07 2021 Published at Crypto Briefing under tags  business ripple sec xrp

The judge presiding over the SEC's case against Ripple has ordered the regulator to share documents. Those documents will reveal the SEC's stance on which cryptocurrencies are considered securities. Ripple Gains Access to SEC Docs In December 2020, the U.S. Securities and Exchange Commission (SEC) filed a...

Apr 06 2021

Stellar Blockchain Faces Outage as Some Validators Go Offline

The Stellar blockchain is currently facing a technical issue causing validators to be unable to process transactions. Bitstamp Halts Stellar XLM An unknown technical glitch has caused core validators to drop off the network, according to an official update. Around 8:am UTC time, validator nodes run by Stellar Development Foundation (SDF) temporarily stopped validating transactions. SDF is the...

Apr 05 2021

XRP User Files Lawsuit Against Nexo for $5M in Liquidations

Apr 05 2021 Published at Crypto Briefing under tags  business grayscale lawsuit ripple

One day after the SEC filed legal action against Ripple in December 2020, Nexo suspended XRP. Now, one California resident is suing Nexo for $5 million in losses from the move. Users Lose $5M in Nexo Debacle The lawsuit has been filed by Junhan Jeong, a California resident who had taken out a fiat loan from...

Apr 02 2021

Circle and Poloniex Will Share User Identities With IRS

The IRS will likely gain access to records from two crypto companies, Circle and Poloniex, to root out tax evasion among U.S. investors. Circle and Poloniex Will Share Data According to the U.S. Department of Justice (DoJ), a...

Mar 31 2021

Aave Will Build on Polygon’s Scalable Layer 2 Platform

Mar 31 2021 Published at Crypto Briefing under tags  business

Decentralized lending platform Aave says that it will scale its DeFi platform beyond the Ethereum blockchain by putting its platform on a number of sidechains, including Polygon. Aave Explores Polygon According to Aave, Ethereum's...

Binance Invests $100M in PAID Network Just Weeks After Hack

PAID Network has announced a $100 million investment from Binance's DeFi Accelerator Fund. The sum comes just weeks after PAID was hacked for nearly the same amount. PAID Will Integrate With Binance Smart Chain On Mar 5, an unknown hacker...

Binance Invests in PAID Network Just Weeks After Hack

PAID Network has announced receiving investment from Binance's $100M DeFi Accelerator Fund. The sum comes just weeks after PAID was hacked for nearly the same amount. PAID Will Integrate With Binance Smart Chain On Mar 5, an unknown hacker...

Binance Invests in PAID Network Just Weeks After Hack

PAID Network has announced receiving investment from Binance's DeFi Accelerator Fund, just weeks after it was hacked. PAID Will Integrate With Binance Smart Chain On Mar 5, an unknown hacker exploited PAID...

Mar 29 2021

The Internet of Blockchains Is Now Live on Cosmos

After five years of research and development, the industry's first cross-chain technology, Inter-Blockchain Communication (IBC), is being rolled out onto the Cosmos Hub. Internet of Blockchains Comes to Life...

Mar 26 2021

DeversiFi DEX Announces New Token and Airdrop

DeversiFi, a layer 2 DEX backed by Bitfinex, ConsenSys, and Ledger, has announced a new governance token and airdrop. DeversiFi Token Expected Later This Year DeversiFi, previously Ethfinex, has introduced DeversiFi Token (DVF), an ERC-20 governance token for its scalable...

Mar 25 2021

NFTs Are Coming to Polkadot as Kusama Deploys Ethereum Alternatives

Mar 25 2021 Published at Crypto Briefing under tags  kusama markets nft polkadot

NFTs on Polkadot may arrive sooner than expected thanks to its canary network Kusama. NFT Projects Expand on Kusama Many of Kusama's initiatives share a common goal of deploying NFTs as soon as possible on...

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