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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

$500M Funding Secured by Binance For Investment in Blockchain and Web3 Sector

Binance Steps Up KYC Standards, Partners With Kharon and Neterium

Additional security is needed for crypto-oriented platforms because of the inherent hazards. There will be a screening process on the Binance platform. To ensure sanctions compliance and protect the Binance platform from the possibility of unlawful crypto transactions, the well-established cryptocurrency exchange has teamed with two companies, including analytical data

May 29, 2022 1 min read
Cash Crunch Mining Firm Core Scientific Manages $72M Funding

Russia’s Deputy Minister of Industry & Trade Calls For Regulation on Mining

Shpak believes in bringing the sector into the open and making it accountable. Russia’s parliament was presented with a measure to accomplish legitimizing in late April. Russia’s Deputy Minister of Industry and Trade, Vasily Shpak, said that the actions of miners extracting digital currency account for more than 2% of

May 29, 2022 1 min read
Tezos Releases 10th Protocol Update Offering Multiple New Features

Tezos (XTZ) Defies Market Trend, Surges 7% in Last 24 Hours

Its performance is not strongly associated with the rest of the crypto markets. XTZ’s market worth has reached its greatest level in the previous two weeks. In the previous several months, the Tezos blockchain has seen rapid expansion in terms of network usage and transaction volume. It is expected that

May 29, 2022 2 mins read
Elon Musk Tweets About SpaceX Soon Will Accept Dogecoin (DOGE), Price Surges 8%

Elon Musk Tweets About SpaceX Soon Will Accept Dogecoin (DOGE), Price Surges 8%

Elon Musk’s SpaceX and Tesla will both accept Dogecoin as payment for items soon; he tweeted Friday, “Tesla merch can be bought with Doge, soon SpaceX merch too”. “Maybe one day,” he said when asked whether DOGE might be used to pay for Starlink subscriptions, a broadband satellite internet service.’

May 28, 2022 2 mins read
Paraguay Passes Crypto Regulation Bill Through Majority Votes

Bears Control Brings Bitcoin (BTC) Break Key Support levels Raising Concerns

Bitcoin’s decline, according to JPMorgan, seems to be a sign of surrender. Support at $28,630 was a crucial support level and was broken again by the bears. Bitcoin (BTC) and other cryptocurrencies haven’t followed the stock market’s upward trend since the 25th and 26th of May. As a result, traders

May 27, 2022 2 mins read

StarkWare Valuation Reaches $8 Billion With the Recent $100M Funding Round

The company uses Rollup technology in its Ethereum layer-2 scaling solutions. Ben-Sasson said investors were drawn to StarkEx’s capabilities. Despite the current fall in cryptocurrency markets, Ethereum (ETH) layer-2 developer StarkWare has secured an additional $100 million in its latest financing round. After just six months after its Series C

May 26, 2022 2 mins read
Crypto Wallets With at Least 1 BTC Hit a New ATH of 865,254

Bitcoin (BTC) Price Anticipated to Rise Following U.S. Dollar Index’s Drop

Bitcoin is down 0.30% in the last 24 hours. Analysts now question whether the Dollar Index’s negative drop will lead to a BTC rise. BTC has been unable to hold over $30,800 since May 16, indicating that demand is dwindling. The U.S. equities markets have not stopped decreasing because of

May 26, 2022 2 mins read
Chainlink (LINK) Price Falls Following a Short-lived Massive Spike

Chainlink (LINK) Price Falls Following a Short-lived Massive Spike

Token prices dropped by 6% in only 7 days, from $7.84 on May 16 to $6.84. The market value fell from $3.66 billion on May 16 to $3.45 billion. By linking smart contracts to real-world data and events, payments, and off-chain computations, Chainlink aims to enhance the functionality of blockchains

May 25, 2022 2 mins read
Music Streaming App Napster Announces Token Launch on Algorand

Nigerian Government Partners With Algorand to Launch Major Crypto Initiative

Developing Africa Group has been granted exclusive rights under the agreement. The project is a significant step forward in the worldwide use of cryptocurrencies. Nigeria’s government would have exclusive intellectual property rights for a national wallet for the next three years. The Developing Africa Group has agreed to help build

May 24, 2022 2 mins read
Can Bulls Bring Litecoin (LTC) Back to $100?

Litecoin (LTC) MWEB Update Draws Warnings From South Korean Exchanges

Almost two and a half years ago, the MimbleWimble update idea was initially put forward.  MWEB not only enhances LTC privacy but also improves the overall efficiency. As a result of Litecoin’s latest privacy-focused MimbleWimble update on the LTC blockchain, two of the top crypto exchanges in Korea issued investment

May 24, 2022 1 min read
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