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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

USDC Issuer Circle Applies For Regulatory Approval in France

Circle Partners With Truefi To Boost USDC Adoption

The USDC stablecoin and Verite KYB credentials are now supported. Circle plans to provide certain Early Access clients with complimentary Verite KYB. Circle, a payments technology firm and issuer of USDC, announced on Saturday the creation of the first Verite KYB (know your business) credentials that are compatible with the

October 1, 2022 2 mins read
Ripple’s XRP Price Surges 12% Over Recent Court Ruling

Ripple’s XRP Price Surges 12% Over Recent Court Ruling

Last month, XRP prices have increased by close to 50%. Judge Netburn noted the exceedingly general nature of discovery’s goals. XRP, Ripple’s native cryptocurrency, has seen the most daily rise. In only 24 hours, XRP’s value has increased by a stunning 12 percent. Nonetheless, the recent court judgement against the

September 30, 2022 2 mins read
Uniswap Striving for $100-$200M Funding at $1B Valuation

Uniswap Striving for $100-$200M Funding at $1B Valuation

Uniswap (v3) has 45.2% of the market share in terms of the trading volume. The native token UNI of the platform has recently outperformed the market. Each company has taken its own unique approach to reach its ultimate objective, which may include anything from introducing new goods to raising capital

September 30, 2022 2 mins read
Lazarus Hacking Group Targeting Japanese Crypto Firms

Hacker Group Lazarus Targets Users Via Coinbase Job Posts

The malware campaign prompts members of the crypto community to download a PDF. Lazarus is a hacker group supported financially by the North Korean government. Crypto.com, a cryptocurrency exchange, has been the latest victim of a hacking group called Lazarus. According to a report by cyber security company Sentinel One.

September 29, 2022 1 min read
Israel’s Chief Economist Introduces New Guidelines for Crypto Regulation

CFTC Chairman Anticipates 2x Bitcoin Price Post Regulation

On Thursday, Rostin Behnam, chairman of the CFTC, predicted that Bitcoin’s value might “double in price” if it were sold in a CFTC-regulated market. The chairman noted that the crypto market has “a massive opportunity for institutional inflows that will only occur if there’s a regulatory structure.” The remarks come

September 29, 2022 1 min read
Thailand SEC Warns of Stricter Crypto Regulations Post FTX Fall

Thailand SEC Imposes Fine on Crypto Exchange Bitkub

The Thai SEC had already issued punishment prior to these new court requests. The SEC has accused the trio of wash trading. Once again, the Thai Securities and Exchange Commission (SEC) is filing suit against leading exchange Bitkub and two people. After being found guilty of wash trading, the SEC

September 28, 2022 2 mins read
Cardano (ADA) Price Plummets Despite Recent Vasil Hard Fork

Cardano (ADA) Price Plummets Despite Recent Vasil Hard Fork

After the activation of Plutus V2, the price of ADA fell to almost a year low of $0.42. Hoskinson announced the success of the Cardano wallet Daedalus Turbo proposal. Despite the Vasil hard fork, the ADA price has been unable to recover from its near-year-low following the upgrade. Cardano creator

September 28, 2022 1 min read
Japan Plans to Abolish Tax Deployed on Native Tokens of Crypto Firms

Japan To Revise Regulations Over Money Laundering Concerns

It will help Japan to reduce crypto-related money laundering. These grants authorities the power to make information requests to exchanges. Japan has decided to revise an existing regulation on money laundering in an effort to reduce the prevalence of crypto money laundering. The worldwide threat of cryptocurrency money laundering and

September 27, 2022 2 mins read
$104M Worth Assets of Terra Co-Founder Confiscated by South Korea

Upbit Discloses Terra Transaction Fees Utilization Plan

Upbit’s Luna Fee Utilization Committee has agreed to split transaction fees. A white paper explaining what led to the LUNA problem is part of the near-term agenda. Upbit, the leading cryptocurrency exchange in South Korea, has a plan to split the about $4.6 million in Terra LUNA transaction fees it

September 27, 2022 2 mins read
Italian Soccer Team AC Milan Announces New NFT Initiative

Italian Soccer Team AC Milan Announces New NFT Initiative

The team launched a collaborative NFT drop of franchise-owned IP with Monkeyleague. On October 6, the new assets will be auctioned off to fans. Now more than ever, international sports teams are using Web3 elements to reach out to supporters in outside markets. The Italian Serie A League’s current champions,

September 26, 2022 2 mins read