Amrit Mirchandani

UK Begins Research on Law Reform for Use of Blockchain Smart Contracts
Blockchain
UK Begins Research on Law Reform for Use of Blockchain Smart Contracts
Blockchain smart contracts have built in a system of trust and certainty. However, not many reforms have been put forward to ensure it can help a country with their day to day problems. The United Kingdom (UK) has launched a research project with the help of the Law Commision which will help bring a better clarity for blockchain smart contracts. Smart contracts help in exchanging money, property, shares or anything…
Wall Street Billionaire Mike Novogratz Crypto and Blockchain Mass Adoption is 'Five to Six Years Away'
Bitcoin
Wall Street Billionaire Mike Novogratz: Crypto and Blockchain Mass Adoption is ‘Five to Six Years Away’
Wall Street’s very own popular former executive Mike Novogratz thinks that blockchain and cryptocurrency are ‘still five to six years away.’ This prediction was made at Beyond Blocks conference in South Korea. Mike Novogratz has had an interesting career from being a partner at Goldman Sachs to an ex-hedge fund manager at Fortress Investment Group. He has even been ranked as a billionaire by Forbes in 2007 and 2008.  Currently,…
U.S Congress Shows Crypto Enthusiasm during Latest Hearing
Blockchain
U.S Congress Shows Crypto Enthusiasm during Latest Hearing
A hearing of positivity for cryptocurrency went underway yesterday before the U.S House of Agriculture Committee. A diverse panel of witnesses who are experts in the blockchain and cryptocurrency field were part of the hearing. The public hearing was chaired by Michael Conaway, who is the Texas U.S Representative for Texas. The witnesses included Gary Gensler who formerly partnered in Goldman Sachs, Andreessen Horowitz, Scott Kupor, Daniel Gorfine from CFTC,…
Hedge Fund Billionaire Marc Lasry Positive about Bitcoin touching $40,000
Bitcoin
Hedge Fund Billionaire Marc Lasry Positive about Bitcoin touching $40,000
Marc Lasry, the co-founder of Avenue Capital Group, has positively commended Bitcoin’s price on CNBC on July 18th. His expectations are of Bitcoin reaching $40,000 sooner than later. Marc Lasry a billionaire born in Morocco is an American hedge fund manager who is the CEO of Avenue Capital Group and the co-owner of the famous NBA basket team Milwaukee Bucks. In the interview on CNBC’s Squawk Box show, Lasry spoke…
Litecoin Founder Explains the Acquisition of a 9,9% Stake in a German Bank and Suggests Everyone to Get at least 1 Bitcoin
Altcoins
Litecoin Founder: Explains the Acquisition of a 9,9% Stake in a German Bank and Suggests Everyone to Get at least 1 Bitcoin
Charlie Lee, the founder of the seventh-ranked cryptocurrency Litecoin, has been asked by the crypto community about the reasoning of acquiring banking services such as WG Bank. He cleared the air on a Reddit post on July 17th owing it all to cryptocurrency services being more available for banks. Litecoin recently acquired a 9.9%  stake in German bank WEG Bank AG through TokenPay in a barter exchange for Litecoin’s Blockchain…
User-Friendly Messaging Giant LINE has Launched Its Own Crypto Exchange
Bitcoin
User-Friendly Messaging Giant LINE has Launched Its Own Crypto Exchange
LINE, a Japanese mobile application company famous for its instant communication application has officially launched BITBOX, which is its very own cryptocurrency exchange. BITBOX, unlike its parent company, will be based out of Singapore with a support of 30 cryptocurrencies. LINE made an official announcement on its website. There will only be crypto to crypto listings and no trading between fiat and cryptocurrencies.  Popular cryptocurrencies such as Bitcoin, Ethereum, Ripple…
Coinbase Gets U.S. Regulators Approval to List Tokens Considered to be Securities
Altcoins
Coinbase Gets U.S. Regulators Approval to List Tokens Deemed to be Securities
Coinbase, the largest cryptocurrency exchange in the United States has announced the enabling of listing security tokens. The announcement comes after the approval by the United States Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINFRA) for Coinbase to purchase three companies. Coinbase is a cryptocurrency exchange headquartered in San Francisco, California. They deal with Bitcoin, Bitcoin Cash, Ethereum, and Litecoin that can be exchanged with fiat…
Largest Swiss Stock Exchange to ‘Open’ Crypto Trading
Bitcoin
Largest Swiss Stock Exchange to ‘Open’ Crypto Trading
Other than Malta, one country that has been cryptocurrency friendly is Switzerland. SIX Group which stands for Swiss Infrastructure and Exchange has revealed that it is open to cryptocurrency trading in the digital trading platform once it is released. SIX is the company that primarily owns and runs the largest Swiss stock exchange in the country. In an interview with a Swiss news channel called Swiss Info on July 15th,…
Billionaire Steve Cohen Hops on the Crypto Bandwagon
Bitcoin
Billionaire Steve Cohen Hops on the Crypto Bandwagon
Billionaire’s love money and tend to follow it wherever it hides. With cryptocurrencies making money for plenty, Steven Cohen has smelled an opportunity in the making. He has invested in Autonomous Partners which is a fund that acquires cryptos and equity in companies that work with Blockchain technology. Steven Cohen made a name for himself and is popularly known as the ‘hedge fund king’ with a net worth of US$14…
A Study of ICOs Show More than Three Quarters of ICOs are Scams
Blockchain
A Study of ICOs Show More than Three Quarters of ICOs are Scams
A study of Initial Coin Offerings from Satis Group has unveiled some interesting facts. The study is five parts of an analysis of the cryptocurrency ecosystem from networks such as ethereum to emerging blockchains like EOS and Cardano. According to the study half of the existing crypto asset market which is roughly 1,500 are on existing blockchains like Ethereum. Ethereum has 86% of the platforms on it, while Waves has…