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Abdul

An engineering graduate who is passionate about writing and loves the very existence of crypto. Trading forex currency keeps me busy when I am not writing and analysing the crypto world.

Posts by Abdul

Solana Co-founder Confident of Frequent Outages Being Fixed

Solana Co-founder Confident of Frequent Outages Being Fixed

Three of the five outages have happened this year alone Due to flaws in Solana’s programming or an artificial influx of visitors from bots. Anatoly Yakovenko, a co-founder of Solana, is aware of the frustration his customers experience when the service is down. The network problem may, however, soon have

October 8, 2022 1 min read
Crypto Market Fumbles Post U.S Unemployment Data Release

Crypto Market Fumbles Post U.S Unemployment Data Release

Pre-market trading saw declines of more than 1% for the S&P 500. Non-farm payrolls in the United States for September came in higher than forecast. When the September non-farm payroll report from the U.S. Bureau of Labor Statistics was made public, the price of bitcoin dropped by more than 4

October 7, 2022 2 mins read
Dapper Labs Announces Launch Date of NFT Marketplace

Dapper Labs Announces Launch Date of NFT Marketplace

Dapper’s Flow blockchain will manufacture NFT collectibles based on video highlights. The partnership between Dapper and LaLiga was initially announced in September 2021. Dapper Labs’ LaLiga-themed NFT platform will enter closed beta later this month. Following in the footsteps of NBA Top Shot and NFL All Day. Starting on October

October 7, 2022 2 mins read
Near Protocol Partners With Google Cloud Supporting Pagoda

Near Protocol Partners With Google Cloud Supporting Pagoda

The Near Foundation has announced that Google Cloud will be supporting the Pagoda platform for Web3 startups. Thanks to a new agreement between Google Cloud and the Near Protocol. An announcement made on October 4 said that as a result of this relationship. Google Cloud will be able to provide

October 7, 2022 1 min read
Nigeria Increases Cash Withdrawal Limit Post Feedback

CME Group Files for Futures Commission Merchant Status

CME submitted the registration back in August. The CFTC has not yet granted FTX clearance organization status for derivatives. The WSJ stated that the CME Group, the biggest financial derivatives exchange in the world, has applied to become a futures commission merchant (FCM). According to WSJ writer Alexander Osipovich, CME

October 6, 2022 1 min read
Ray Dalio Founder of Bridgewater Associates Steps Down

Ray Dalio Founder of Bridgewater Associates Steps Down

This year, until September 30th, its flagship Pure Alpha strategy gained 34.6%. Bridgewater Associates was established in 1975 by Ray Dalio. The billionaire who started the biggest hedge fund in the world, Bridgewater Associates, Ray Dalio, announced his resignation today. His departure completes the transition of the corporation to a

October 5, 2022 1 min read
Telegram Adds Tether’s USDT Stablecoin Support on Tron Network

Crypto Transfer Feature Enabled For Users by Telegram

The Open Network (TON) Foundation is responsible for developing the service.  A 0.9% commission would be applied when selling cryptocurrency. Telegram released its crypto transfer and exchange tool at a time when more and more traditional businesses are using crypto. Telegram, a provider of instant messaging services, has introduced a

October 5, 2022 1 min read
Italy Embraces the Crypto Art Renaissance to Boom Its NFT Market

Fashion Giant Hugo Boss Forays Into NFT and Metaverse

The corporation hopes to revitalize its brand in 2022, thus the cooperation. From the total of 1,001 NFTs, six will stand out as being really exceptional. Hugo Boss, a behemoth of the German fashion industry, is the most recent company to embrace NFTs (non-fungible tokens) and the metaverse. HUGO’s youth

October 4, 2022 1 min read
Binance Airdrops Terra (LUNA) To LUNC & USTC Holders

Binance Burns Over 5 Billion Terra Classic ($LUNC)

The effect is a 5% increase in the price of LUNC. Binance sent almost 5.59 billion Terra Classic (LUNC) tokens to the burn address. Over 5 billion Terra Classic (LUNC) tokens have been delivered to the burn address by the biggest cryptocurrency exchange in the world, Binance. After the Terra

October 3, 2022 1 min read
Instagram Influencer Jay Manzini Pleads Guilty in $8M BTC Fraud

Hacker Returns 70% Funds of Recent Transit Swap Exploit

The hacker exploited a flaw in the cross-chain DEX’s code. Hacker’s IP address, email address, and linked on-chain addresses were identified. Yesterday, a hacker made off with $21 million from the decentralized exchange (DEX) Transit Swap. But this morning, he or she returned 70% of it. The hacker exploited a

October 3, 2022 1 min read