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Nivesh Rustgi

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Bangalore, India

Nivesh Rustgi

Journalist
Bangalore, India
Nivesh has a background in Engineering and Acturial Science. He learned about cryptocurrency in 2016 and has been captivated by the technology since then.

  • Optimistic Rollups Finally Make It to Ethereum, Synthetix Offers Rewards to Participate

    Analysis

    Optimism PBC has launched the first phase of its Layer-2 scaling solution for Ethereum. Leading DeFi platforms beginning with Synthetix Network, Chainlink, and Uniswap are already lining up to enjoy...

  • NEO’s DeFi Project Flamingo Botched Its Yield Farming Launch

    Technology

    The launch of yield farming on NEO-based Flamingo was postponed after “heavy demand” overloaded one of NEO’s official wallets, prompting developers to delay the launch by 24 hours. NEO-Backed Flamingo...

  • Latest Digital Dollar Proposal Spells Trouble for Commercial Banks, Private Citizens

    Analysis

    The president and CEO of the Federal Reserve Bank of Cleveland, Loretta J. Mester, revealed plans for a new digital dollar on Wednesday. The plans outline a complete overhaul of...

  • Biggest Expiry of Ethereum Options Looks to Amp Up ETH Volatility

    Markets

    Options expiring this Friday represent $412 million in open interest, the largest expiry of Ethereum options to date. Expect higher price volatility for ETH. Ethereum Options Traders Anxious Before Expiry...

  • ECB Seeks to Eliminate Stablecoins, Accelerate Digital Euro Plans

    Analysis

    The ECB’s President and crypto task force view stablecoins as a threat to the sovereignty of the central bank. Europe’s central bank is looking to accelerate plans for a digital...

  • American Regulators Warm up to Crypto, Banks Authorized to Hold Stablecoins

    Markets

    The U.S. Office of the Comptroller of the Currency (OCC) cleared national banks and Federal Savings Associations (FSA) to hold stablecoin reserves. Further, the SEC also moved to ease the...

  • Ethereum’s Top Gas Guzzlers are Ponzi Schemes

    Technology

    Ponzi schemes are among the biggest consumers of gas on the Ethereum network, heightening already bad congestion and jacking up transaction fees. Uniswap and Tether are the top gas consumers...

  • Bitcoin, Stocks and Gold Plummet as Markets Brace for US Presidential Election

    Markets

    Bitcoin, stocks, and commodities are tumbling as the number of coronavirus cases continues to rise and the impending U.S. presidential election drives fear into the market. The Dying Wishes of...

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