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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

H20 Securities Owned Crypto Water Token H20N Raises $150M

Top 3 Trending Searches on CoinGecko: MATIC, VRA and CEL

Polygon SDK is the system’s backbone, providing a modular and adaptable framework. Recently Celsius has halted withdrawals citing extreme market conditions. Let us look at the top 3 trending searches on CoinGecko as per CryptoDep. ⚡️Trending Searches by @CoinGecko 1 July 2022$MATIC #MATIC $VRA #VRA $CEL $SOL $ONE $NMR $BNB

July 1, 2022 2 mins read
Three Arrows Co-founder Zhu Su Criticizes FTX’ SBF in Twitter Thread

Three Arrows Capital Furnished Singapore Regulators With False Information

$250 million assets under management (AUM) restriction was breached twice. A slew of companies have come out to reveal their 3AC exposure. According to a notification issued by the Monetary Authority of Singapore (MAS) today, Three Arrows Capital (3AC) furnished the regulator with “false information.” The MAS has stated that

June 30, 2022 1 min read

Music Streaming App Napster Announces Token Launch on Algorand

Napster’s first-half 2021 revenue was £32.9 million. There will be 10 billion $NAPSTER tokens available at the start of the project. Streaming music app Napster has announced plans to create a $NAPSTER token on Algorand, a Web3 platform. There is no official launch date for the company’s layer-1 blockchain-based expansion

June 30, 2022 2 mins read

Taiwan’s Central Bank Ramps Effort To Launch Interest-free CBDC Soon

CBDC that pays interest on digital asset deposits would probably replace bank deposits. Taiwan’s CBDC pilot program is presently distributed to five chosen Taiwanese banks. Chin-long Yang, governor of the Central Bank of the Republic of China (Taiwan), has advocated a no-interest design for the country’s central bank digital currency

June 30, 2022 2 mins read
Trouble Continues For Three Arrows Capital (3AC) as Court Orders Liquidation

Trouble Continues For Three Arrows Capital (3AC) as Court Orders Liquidation

Teneo Restructuring will provide assistance in the process. Crypto broker Voyager Digital also revealed $661 million in exposure to the fund. According to Sky News, a court in the British Virgin Islands has ordered the liquidation of the Singapore-based crypto firm Three Arrows Capital (3AC). Teneo Restructuring, according to the

June 29, 2022 1 min read
Present Scenario of Cryptocurrency and Blockchain in the Region of Africa

Here’s How One Blockchain Project is Helping Heal The World

There’s no denying the fact that the current rate of urbanization, industrialization being witnessed all over the globe is fast depleting the planet’s natural resources. And, while this has helped bring about a lot of socio-economic growth, it has also brought to the forefront the need for quality sustainability initiatives.

June 29, 2022 3 mins read

Uzbekistan Sets Strict Guidelines for Crypto Mining With Solar Power Mandate

Uzbekistan-registered exchange would be the sole option for trading in mined assets. Only crypto exchanges founded by foreign legal companies were given legal standing. According to The National Agency of Prospective Projects (NAPP), the Uzbekistan government expects a lot from cryptocurrency mining companies. Only firms who mine Bitcoin (BTC) or

June 29, 2022 2 mins read
Automobile Manufacturer Fiat’s Metaverse Store Launched

HTC Launches Metaverse Phone With Built-in Wallet For Crypto and NFT

Users can wirelessly mirror content from the smartphone to the HTC Vive Flow VR headset. It offers a 6.6-inch Gorilla Glass display with 1080p resolution and 120Hz refresh rate. First HTC “Viverse” phone, meant to work with HTC’s metaverse platform and include crypto and NFT features, has been released. One

June 29, 2022 2 mins read

Catalonia Innovation Minister Reveals Plans for Creation of Metaverse

In order to have a significant influence on the financial industry, one must see how Web3 and platform adoption evolves, as well as how widely people use them in their everyday lives. Catalonia’s director-general for innovation, Daniel Marco, spoke at the European Blockchain Convention (EBC) 2022 about some of the

June 27, 2022 2 mins read

Australian Crypto Firm Banxa Announces 30% Personnel Layoff

Banxa will allegedly reduce its workforce from 230 to 160 personnel. European Managing Director Jan Lorenc plans to depart the business in European market. According to Banxa, a crypto payments service provider, 30 percent of its workforce will be let off as a cost-cutting measure during the current bear market.

June 27, 2022 1 min read