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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

Vitalik Buterin Acknowledges New NFT Privacy Proposal

Vitalik Buterin Acknowledges New NFT Privacy Proposal

Wahrstatter proposes using zk-SNARKs, a kind of encryption. Vitalik Buterin, one of Ethereum’s co-founders, praised Wahrstatter’s concept. Anton Wahrstatter, an Ethereum researcher, came up with a new proposal for an ERC-721 extension that would incorporate “stealth” addresses to hide public blockchain transactions incorporating non-fungible tokens (NFTs). There is currently no

August 9, 2022 2 mins read
Credit Suisse and Deutsche Bank Face Extreme Downturn

Galaxy Digital Incurs $554.7 Million Comprehensive Loss in Q2

Galaxy’s investments were $753.9 million at the time of the report. Non-algorithmic stablecoins accounted for $256.2 million. This has been a difficult year for Galaxy Digital. The Digital asset management and investment giant posted a net comprehensive loss of $554.7 million in the second quarter on Monday, a whopping three-fold

August 9, 2022 1 min read
Avalanche (AVAX) and Stellar (XLM) Now Listed on Robinhood

Avalanche (AVAX) and Stellar (XLM) Now Listed on Robinhood

Over the last 7 days, AVAX has increased in price by more than 30%. Robinhood’s chief product officer Aparna Chennapragada has left the company. Avalanche (AVAX) and Stellar (XLM) were added to the Robinhood cryptocurrency exchange’s list on Monday. Cryptocurrencies like Shiba Inu (SHIB) and Chainlink (LINK) have recently been

August 8, 2022 2 mins read
The FishVerse Announces the First Ultimate Fishing Metaverse

The FishVerse Announces the First Ultimate Fishing Metaverse

The FishVerse team is very excited to announce the launch of its revolutionary fishing ecosystem inside the Metaverse. Built on Blockchain technology, FishVerse is a truly decentralized AAA-type mobile fishing game where players can experience closest thing possible to the real fishing. The FishVerse was created by MG Labs gaming

August 8, 2022 4 mins read
Binance Announces Delisting of Serum Token Trading Pairs

Binance CEO ‘CZ’ Refutes Claim of Binance Owning WazirX

The Indian exchange’s bank assets were frozen. The deliberations, which were made public in November 2019, fell through. Hours following the investigation by India’s Enforcement Directorate (ED), Binance CEO CZ commented on the company’s relationship with WazirX. The Indian exchange’s bank assets were frozen when police raided the company’s headquarters

August 6, 2022 1 min read
U.S Senators Question Meta Over Prevention of Crypto Scams

Facebook (Meta) Reportedly Offering $10 Billion Debt Bonds

Meta reported a free cash flow of $4.45 billion, down from $8.51 billion a year earlier. Bond issuance is related to a decrease in free cash flow for the organization. After a successful metaverse-based business model, Meta is planning to issue debt in order to support certain activities and sustain

August 5, 2022 2 mins read
Hackers Gain Access to Sandbox’s Instagram Account

Hackers Gain Access to Sandbox’s Instagram Account

Sandbox’s Instagram account has been temporarily deleted, according to the company. No reports of stolen cash or victims of the incident have surfaced so far. Two days of back-to-back hacking and stolen activities have taken their toll on the global digital asset sector. The Sandbox is the most recent decentralized

August 4, 2022 1 min read
NFT Marketplace Magic Eden Offers Zero Royalty Option

Meta Owned Instagram to Now Offer Digital Collectibles Feature

Digital items may also be minted on the Flow blockchain as per the announcement. MetaMask, Trust Wallet, and Rainbow are among the third-party wallets supported. It was stated by Meta in May that they will be launching a digital collectibles feature. For a while, the feature was restricted to a

August 4, 2022 2 mins read
Indian Crypto

WazirX Under Scrutiny by Indian Agencies For Money Laundering

A Show Cause Notice (SCN) has been issued under the terms of FEMA. ED is probing two instances involving WazirX under the FEMA Act 1999. State Minister for Finance Pankaj Chaudhary informed Rajya Sabha that ED has given a notice under the FEMA Act to crypto exchange WazirX. In a

August 3, 2022 2 mins read
$104M Worth Assets of Terra Co-Founder Confiscated by South Korea

Venture Capital ‘Hashed’ Lost Over $3 Billion Following Terra Crash

The firm bought 30 million LUNA in Terra early on and ended up losing. At its peak, the 30 million tokens bought by Hashed were valued around $3.6 billion. Hashed had a $3 billion loss on the Terra investment, according to new information from Bloomberg. According to Simon Seojoon Kim,

August 3, 2022 2 mins read