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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

Prom Launches Mainnet, Boosting Blockchain Scalability and High Performance

Prom Launches Mainnet, Boosting Blockchain Scalability and High Performance

Following a comprehensive testnet campaign that saw over 25,000,000 transactions and 2,000,000 unique wallets engage with a chain, Prom, a scalable network that is built on Polygon SDK, made the announcement today that it has launched its mainnet. Because Prom utilizes zero-knowledge proof technology to enable greater throughput, decreased transaction

November 21, 2024 3 mins read
Coinbase Wallet Launches 4.7% APY Incentive for USDC Holders

Coinbase Wallet Launches 4.7% APY Incentive for USDC Holders

The digital wallet platform of crypto exchange giant Coinbase, Coinbase Wallet, has announced a new incentive structure for USDC, a stablecoin tethered to the US dollar. On the Coinbase-incubated Layer 2 network Base, users who hold USDC in their Coinbase Wallet now have the opportunity to earn a 4.7% annual

November 21, 2024 2 mins read
0G Labs Launches Chinese Developer Growth Initiative with HackQuest and TinTinLand

Crypto.com and Triple-A Partner to Enable Seamless Direct Crypto Payments

The worldwide client base of Crypto.com will have access to a wide variety of new global merchants as a result of a strategic relationship that was recently announced between Triple-A and Crypto.com. Crypto.com users will soon be able to make purchases from renowned e-commerce companies directly using cryptocurrency from inside their

November 21, 2024 3 mins read
Can Bitcoin (BTC) Hold the $98K Level, or Is a Dip Incoming?

Global Crypto Funds Hit Record $33.5B in 2024 Amid Recent Bitcoin Surge

A new record of $33.5 billion has been reached so far this year by global crypto funds managed by global asset managers. According to CoinShares, these funds have now had net inflows for six weeks running, with an additional $2.19 billion. The funds’ assets under management have reached a new

November 18, 2024 1 min read
Somnia Launches High-Performance 400k TPS Blockchain Devnet

Somnia Launches High-Performance 400k TPS Blockchain Devnet

With the debut of its Devnet, Somnia—the dream computer for a fully on-chain world—offered the world a preview of its high-performance blockchain, which is intended to manage reactive mass-consumer apps like as gaming, SocialFi, DeFi, and metaverses. Developers and Web3 users may now independently test the blockchain and evaluate Somnia’s 400k TPS

November 15, 2024 2 mins read
Top Memecoin Project in Cabal Arena of TON Memelandia Reaches $100M Market Cap

Top Memecoin Project in Cabal Arena of TON Memelandia Reaches $100M Market Cap

Memelandia, a decentralized hub aimed to grow its meme coin environment,  introduced by the Open Network (TON). This initiative makes use of TON’s Telegram integration to boost meme activity on the platform. Additionally, TON Memelandia announced the start of its Memecoin Battles, in which memecoin communities, token developers, and traders would vie

November 15, 2024 3 mins read
Is Bitcoin's Drop in MDIA a Sign of Continued Bullish Momentum?

Bitcoin Hits New All-Time High Amid Ongoing Bullish Momentum

Before dropping to $90,256 on Wednesday, Bitcoin surged to a new all-time high over $91,000. Since Trump’s victory in last week’s US presidential election, the flagship cryptocurrency has soared, setting new records. In terms of market capitalization, Bitcoin is currently larger than Saudi Aramco, the oil giant. Trump promised throughout

November 14, 2024 2 mins read
Brevis Secures $7.5M in Seed Funding to Revolutionize Future of Verifiable Computing

Brevis Secures $7.5M in Seed Funding to Revolutionize Future of Verifiable Computing

Brevis has announced that it has raised $7.5 million in seed funding, with Polychain Capital and Binance Labs leading the effort. IOSG, Nomad Capital, Bankless Ventures, Hashkey, and other prominent angel investors have also contributed. Brevis is a smart verifiable computing platform that gives current blockchains infinite scalability without state fragmentation or liquidity. Blockchain

November 11, 2024 3 mins read
ZettaBlock Launches Kite AI for Secure and Equitable Decentralized AI Development

ZettaBlock Launches Kite AI for Secure and Equitable Decentralized AI Development

ZettaBlock, a unified platform for open and safe AI development, has announced the debut of Kite AI, a decentralized blockchain foundation layer that pioneers equitable, democratized, and secure access to critical AI assets such as data, models, and agents. Kite AI is the cornerstone of a decentralized AI economy, built

November 11, 2024 3 mins read
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