SIMETRI Profits of 919%
SIMETRI Profits of 919%

Ashwath Balakrishnan

Avatar
Hyderabad, India
Hyderabad, India
Ashwath has a background in finance and economics and previously worked as an associate at Quantum Advisors. He heard about Bitcoin in 2016 and couldn't stop researching the new asset. By 2017, he was embedded in the industry. Now, he's on a mission to bring crypto to the masses.
  • Regulators Will Crush DeFi Unless It Becomes Truly Decentralized

    Analysis

    After the SEC and CFTC’s orders against California based Abra, the next target could be DeFi more broadly. All of the major DeFi protocols must further decentralize their governance if...

  • Aave Raises $3 Million From Framework Ventures and Three Arrows Capital

    Business

    One of DeFi’s fastest-growing protocols, Aave, has raised $3 million in capital from notable crypto funds Framework Ventures and Three Arrows Capital. The two will combine forces with helping Aave...

  • Project Spotlight: Zapper Finance and the DeFi Investor’s Dashboard

    Analysis

    As the level of sophistication in DeFi and crypto rises, so too have initiatives to keep it user-friendly. Aggregators and top design teams are now working to corral all of...

  • Earn 240% APY With Ampleforth’s New “Beehive” Incentive

    Business

    Since becoming Uniswap v2’s most liquid pool, Ampleforth has now launched a new incentive that offers yield farmers up to 240% annualized yield. Ampleforth Incentives Propel Liquidity In June 2019,...

  • Retail Investors Pump Chainlink’s Native LINK Token to All-Time High

    Analysis

    Chainlink’s native LINK token is up 73% this month as the token went as high as $8.5 earlier today. Retail investors are behind this rally as the project has yet...

  • Here’s Why DeFi Tokens Are Leaving the Price of ETH in the Dust

    Analysis

    The ICO bubble sparked a bull run that pumped ETH from roughly $8 to $1,448 at its peak. However, as DeFi gains traction, ETH appears stuck in a rut. The...

  • Kyber Network Thriving Since Upgrade, $20 Million Staked

    Analysis

    Just three days after the launch of its DAO, Kyber Network users have staked more than $20 million of KNC to vote on governance proposals. Pent Up Demand for Kyber...

  • The CFTC to Further Legitimize Bitcoin With Regulated Derivatives

    Analysis

    In its strategic plan for 2020-2024, the CFTC will develop a framework to regulate and promote digital assets. Alongside Coinbase’s IPO dreams, this could be a catalyst for major adoption...

  • DeFi Project Spotlight: 1inch.exchange, the Trading Router for Decentralized Exchanges

    Analysis

    1inch.exchange has emerged as an essential part of the booming decentralized finance (DeFi) movement. What initially began as a one-stop-shop for aggregating liquidity has morphed into a swiss army knife of...

  • Project Spotlight: Balancer Labs

    Analysis

    Balancer Labs is one of the most talked-about DeFi projects in the space, and for good reason.  It ties up several key components from open finance while improving upon many...

  • Central Banks Recommended to Ban Stablecoins

    Business

    Today, the Financial Stability Board (FSB) released a document addressing the regulatory, supervisory, and oversight challenges raised by global stablecoins. The document, although only consultative in nature, reveals disturbing plans for...