Yagyesh Jaiswal

BlackRock's Ethereum Tokenized Asset Fund Launch

BlackRock steps into the digital asset space with a $100 million tokenized asset fund on Ethereum, signaling a major move into blockchain technology for the world's largest asset manager.

Yagyesh Jaiswal

BlackRock has established a $100 million tokenized asset fund utilizing Ethereum, indicating a significant push towards integrating digital assets with traditional financial mechanisms.

Kyle Davies Refuses to Apologize for 3AC's Bankruptcy

Kyle Davies, co-founder of collapsed crypto hedge fund Three Arrows Capital, maintains he has no remorse over the company's bankruptcy and downplays legal problems stemming from the insolvency.

Yagyesh Jaiswal

While Davies refuses to take accountability for 3AC's fate, questions around resolving creditors' claims and potential settlements with Singaporean authorities continue to linger for both him and his former business partner.

Bitcoin Slides As Crypto Markets Correct More Than 15%

Bitcoin and other cryptocurrencies see steep declines in late March 2024 as profit-taking leads to a major correction across crypto markets.

Yagyesh Jaiswal

After a prolonged bull run saw Bitcoin hit new all-time highs, March 2024 brought a sizable pullback that wiped out over $400 billion in total crypto market value in just days. A mix of profit-taking and outflows from the Grayscale Bitcoin Trust fueled the sell-off.

BitMEX Bitcoin Crash to $8900 Sparks Turmoil

An unexpected sell-off on BitMEX led Bitcoin to crash to $8900, causing a ripple effect in the crypto market with over $600 million in futures wiped out.

Yagyesh Jaiswal

A rogue trader's massive Bitcoin sell-off on BitMEX crashes its price to $8900, sparking a market-wide downturn and resulting in over $600 million in losses for crypto futures traders.

Fidelity's Controversial Ethereum ETF Staking

Fidelity's Ethereum ETF application now includes staking, sparking debate over its impact on SEC approval and the future of crypto ETFs.

Yagyesh Jaiswal

Fidelity's Ethereum ETF amendment introduces staking, facing mixed reactions about its potential effect on SEC's approval process amid regulatory concerns.

BTC Tumbles Below $64K, $620 Million Liquidated

Bitcoin fell below the pivotal $64,000 support level for the first time in 2 weeks, leading to over $620 million in leveraged long positions getting liquidated on major crypto exchanges.

Yagyesh Jaiswal

The breakdown of the key $64K level washed out significant long leverage that had built up over the past month. Both long and short traders scrambled to re-enter the market amidst the volatility, potentially setting the scene for further price movements in the near term.

OKX Removes USDT Pairs to Comply with MiCA

Leading cryptocurrency exchange OKX has discontinued USDT trading pairs in Europe to get ahead of MiCA, signaling the industry's focus on regulatory compliance.

Yagyesh Jaiswal

By proactively delisting USDT, OKX aims to establish itself as Europe's preferred venue for crypto trading. This strategic shift shows how exchanges are adapting to increased supervision under emerging regulations like MiCA.

Understanding Decentralized Science (DeSci)

Decentralized science leverages blockchain and DAOs to make research processes more collaborative, transparent and inclusive. This article explores DeSci benefits and challenges.

Yagyesh Jaiswal

The scientific research process faces issues of inefficiency, lack of transparency and inequitable access. However, decentralized technologies now offer opportunities to transform scientific methods and make them open, fair and effective for all stakeholders. This article analyzes how decentralized science (DeSci) works, its potential upsides, obstacles to consider, and implications for the future of knowledge creation worldwide.

APAC Leads in Web3 Innovation Globally

The Asia Pacific region is pioneering the global Web3 movement through advanced regulations, a tech-savvy population, and leading industry projects, positioning itself as a leader in the future of technology.

Yagyesh Jaiswal

The Asia Pacific (APAC) region leads in Web3 innovation, thanks to proactive government regulations, a digital-native workforce, and significant industry projects. This strategic approach is setting APAC apart as a global leader in blockchain and digital asset technologies.

MicroStrategy's Bold Bitcoin Strategy: A Double-Edged Sword

JPMorgan analysts caution that MicroStrategy's strategy of using debt to buy Bitcoin could intensify market downturns, amid concerns over the approach's sustainability.

Yagyesh Jaiswal

MicroStrategy's plan to raise up to $600 million for Bitcoin purchases through debt has drawn warnings from JPMorgan analysts, who caution that this could exacerbate market volatility.