Angel Andreychev

An expert copywriter with a vast interest in blockchain technology. In the past, Angel has worked on a lot of different projects connected to article writing and news coverage. He wants to utilize his knowledge in various spheres to bring in a new color to the crypto environment.

Uniswap Launches UNI Token, Ethereum Gas Fees Hit All-Time High

  • The launch happened after Uniswap's rivaling fork SushiSwap migrated more than $1.4 billion in funds from the original chain in the last two weeks.
  • The allocation of the genesis UNI tokens caused the Ethereum network’s gas fees to skyrocket.

Report: India Plans To Ban Cryptocurrency Trades

  • The ban will affect a lot of locally-operating companies, as well as a large number of citizens interested in trading cryptocurrencies.
  • The government is supposedly adding the new regulations in order to prevent Indians from risking their savings amid the economic slowdown.

SKALE Concludes Token Sale With 3,736 Buyers Across 90 Countries

  • The sale aimed to gather the most number of participants in order to secure SKALE’s network.
  • The Phase 2 platform is said to provide customers with access to fast and secure chains, with significantly lower gas fees.

IDC Forecasts Worldwide Spending On Blockchain To Reach $4.1 Billion In 2020

  • Worldwide spending on blockchain is said to increase with a growth rate of over 40% in all major industries.
  • As the COVID-19 crisis forced many corporations to adopt emerging technology, the benefits of blockchain have started to attract significant interest.

Centre Consortium Makes Algorand An Official Blockchain For USDC

  • Algorand’s blockchain is said to bring significant improvements in terms of transaction scaling and speed to the USDC market.
  • Circle’s APIs will aid developers in scaling their dapps on Algorand, enabling access to new powerful tools for building customer financial applications.

Société Générale Partners With Paxos To Begin Settling U.S. Securities Trades

  • Paxos is looking for major early adopters that share their long-term vision and want to use their services to increase efficiency in equity trade settlements.
  • In the future, the company is expected to expand its services and introduce a scaled solution, which will deliver additional benefits to users.

Linear Finance Raises $1.8 Million In Seed Funding

  • Various key strategic investors such as BGC Ventures, Alameda Research, and Hashed will aid Linear in its pursue of growth.
  • Tony Gu, NGC founding partner, and Ryan Kim, Hashed co-founder, are said to be joining Linear’s advisory board.

Cred Joins Visa’s Fintech Fast Track Program

  • The lending platform will leverage Visa’s Fast Track Program to scale more effectively and rapidly.
  • Cred will now be able to freely send interest payments directly to bank accounts in the Visa network.

MetaMask Launches On Android, iOS

  • The Open Beta is now available for both iPhone and Android testflight users.
  • The app will enable its clients to freely browse web3 and seamlessly interact with other blockchain-based applications from all around the world.

Quantstamp Identifies 10 Security Flaws In SushiSwap

  • The rivaling one-week-old fork of Uniswap is in danger of losing validity due to issues causing disruptions to reward variables.
  • Moreover, SushiSwap’s developer fund was found to be holding $27 million worth of unlocked SUSHI tokens that could be used to dump against LP tokens.