brian armstrong

Nick Colas Says Coinbase CEO Made A “Rookie Mistake” By Calling Out SEC

Coinbase News A few days ago, Coinbase’s CEO called out SEC for its “sketchy” behavior. This, according to Datatek Co-founder Nick Colas, was a “rookie mistake.” He says, he hopes Coinbase “has learned or will learn its lessons shortly.” In aninterview with Bloomberg Markets and Finance, Datatek Research Co-founder, Nick Colas mentioned Coinbase’s recent action towards SEC. Colas says it was a “rookie mistake for a CEO to go to war with SEC.” To recall, Coinbase CEO, Brian Armstrong, called out SEC for its “really sketchy behavior.” He explained this

Why This DeFi Exchange is a One Way Ticket for Ethereum’s ERC-20 Tokens?

advertisement Uniswap is a decentralized exchange with a unique mechanism for trading ERC-20 tokens on its platform. Apparently, its the perfect platform for pumping tokens. CryptoGainz, prominent crypto trader tweeted, Advertisement there’s no orderbook to scare buyers or induce selling, only a bullish narrative and sell side liquidity crisisUniswap evaluates the price of a token based on the balance of Ethereum and of the token. On a successful trade or exchange, the value is added in accordance with the Ethereum swapped for the token. Hence, there are no order books

Forbes Billionaires List of 2020 Shows Four Crypto Proponents

Forbes has recently published its list of 2,095 billionaires.  Within this list, only four of these entries were in regards to entrepreneurs who made their fortune through crypto. As it stands now, the richest man in the crypto industry is Micree Zhan, the co-founder of Bitmain. Zhan appears at Number 690, clocking in at a net worth of $3.3 billion.The 1% Goes GlobalWhile it may not be to everyone’s taste, some good news has come amid these trying times of the COVID-19 pandemic. It’s already established that amid trying times,

Just Four Crypto Leaders on Forbes’ List of Billionaires

There are more than 2000 billionaires on Forbes’ ‘The Richest in 2020’ list — but only a handful come from the world of cryptocurrency and none of them are named ‘CZ’.Only four entrepreneurs who made their fortunes in crypto were included among the 2,095 billionaires the magazine named on April 8. The richest man in crypto is Bitmain co-founder Micree Zhan, who appears at No. 690 on the list with a net worth of $3.2 billion. His co-founder Jihan Wu is not too far behind at No.1307, with $1.8 billion. Rounding

P2P Protocol Aims to Simplify Crypto Wallet Transactions With Domain Names

A new protocol is hoping to make peer-to-peer transactions between various wallets and cryptocurrencies simpler for users.FIO Protocol, which launched its mainnet chain on March 26, provides users with interoperable domain names instead of alphanumeric blockchain addresses.An acronym for the “Foundation For Interwallet Operability,” the FIO protocol is live on Trust Wallet and is in the process of integrating with several popular wallet providers — including Bitcoin.com, Edge, Enjin, Coinomi and Atomic.Rather than integrating directly with blockchains, the project offers a decentralized and open-source “usability layer” that integrates with services

PlanB: Bitcoin Needs Only $200M Monthly to Stay Above $7k Level After Halving

100trillionusd, the anonymous creator of the Bitcoin stock-to-flow model has provided new evidence to support the popular opinion that the price of Bitcoin will surge in the months after its historic third halving that is now less than three weeks away. The latest research puts into perspective the amount of cash inflow that Bitcoin has needed to stay above the $7000 level since October 2017, the reward paid out to miners for verifying a block of transactions, and the total number of transactions added to the Bitcoin blockchain monthly. To