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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

Citizens of Georgia Made to Take An Holy Oath Not to Mine Crypto

Citizens of Georgia Made to Take An Holy Oath Not to Mine Crypto

Free energy is available in certain regions of Georgia’s Svaneti mountains. This year’s consumption was 237% more than in previous years. For the sake of averting electricity shortages in Georgia, residents of Svaneti have been ordered to swear a holy oath not to mine crypto. Macrotrends show that from 2000

January 19, 2022 1 min read
Sales of $4 million Presale of Splinterlands Validator Nodes Sold Out in Fractions Time

Splinterlands Started Long Awaited General Sale ‘Chaos Legion’

The most famous NFT-related play-to-earn card game Splinterlands has successfully begun the long awaited general release of its new card packs “Chaos Legion”. Yesterday, the general sale phase started officially and a total of more than 6 million packs has already been sold – more than 40% of the 15

January 18, 2022 2 mins read
LBank Weekly Listing Report, 17th January 2022

LBank Weekly Listing Report, 17th January 2022

As a world class digital asset exchange, LBank continues to focus on providing its users quality projects to participate in. Here is a weekly report made by LBank Exchange presenting this week’s exciting new listings and a summary of the ones listed last week, offering users more information to help

January 17, 2022 4 mins read
$500M Funding Secured by Binance For Investment in Blockchain and Web3 Sector

Binance To Setup Exchange in Thailand, Partners With Thai Billionaire!

SEC Thailand sent a warning letter in April 2021. Billionaire Sarath Ratanavadi is the brains behind Gulf Energy. A deal has been reached between Binance, the world’s biggest cryptocurrency exchange, and a Thai billionaire’s company to build a digital asset exchange. Global operations of Binance are to be formalized by

January 17, 2022 1 min read
Ethereum Co-founder Vitalik Buterin Donates ETH Worth $5 Million to Support Ukraine

Ethereum Ranks Second as the Most Owned Crypto in UK, Bitcoin First!

It is estimated that 32.9 percent of UK crypto owners possess Ethereum. 2,013 internet users in the United Kingdom were polled. Late in 2021, the cryptocurrency market was very volatile and experienced a drastic shift from extremes in the bigger market. Crypto users in the United Kingdom seemed to be

January 17, 2022 1 min read
Parallel Finance Founder Yubo Ruan Shares Tips To Identify Potential Crypto

Parallel Finance Founder Yubo Ruan Shares Tips To Identify Potential Crypto

Ruan started his first venture capital firm, Skylight Investment. Ruan founded Alisimba Technologies in China’s capital city of Beijing. The achievements of Yubo Ruan, who is just 25, are probably beyond the imaginations of most of his contemporaries. When he was a high school student, Ruan founded Alisimba Technologies in

January 15, 2022 2 mins read
crypto

Crypto Exchanges Eyeing Venturing Into Stock Trading Offering to Traders

Bitstamp is considering “significant investments” in new markets. Binance exchange discontinued support for stock tokens. FTX US and Bitstamp Ltd., two cryptocurrency exchanges, are looking into providing stock trading in the United States, a move that would enable them to diversify while also entering the area of established financial institutions

January 14, 2022 1 min read
Bitcoin (BTC) Hash Rate Reaches ATH Amid Weak Market Conditions

Bitcoin (BTC) Hash Rate Reaches ATH Amid Weak Market Conditions

There was a 13.4% dip in the Bitcoin hash rate, last week. Block plans to provide open-source Bitcoin mining systems in 2022. Bitcoin hash rate made a comeback to its ATH, despite the loss of a major hash rate contributor. Meanwhile, Block CEO Jack Dorsey announced creating an open Bitcoin

January 14, 2022 1 min read
Bitcoin (BTC) Price Level Consolidates Below $30K Level

Former Tonga MP Hints at Adoption of Bitcoin (BTC) as Legal Tender By November

The House of Representatives will get the bill by September or October. Considering long-term savings, the concern is Bitcoin’s benefits in remittances. Former Tonga MP Lord Fusitu’a has stated that the country’s legal tender law for Bitcoin is “modeled on” and “almost identical” to El Salvador, which has enacted a

January 13, 2022 2 mins read
China Plans to Create Separate Blockchain Infrastructure to Legalize Only NFT

China Plans to Create Separate Blockchain Infrastructure to Legalize Only NFT

Red Date Technology aims to develop a compliant NFT platform. Ethereum and WeBank’s Fisco Bcos will be part of the BSN-DDC architecture. Cryptocurrency is illegal in China, but that doesn’t imply that non-fungible tokens (NFTs) must also be outlawed. South China Morning Post reports that cryptocurrency-related infrastructure in China will

January 13, 2022 2 mins read
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