Sun, November 24
Profile picture of Abdul

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

TrueCoin and TrustToken Settles with SEC for Misleading TUSD Backing

Appeal Decision Looms in Ripple vs. SEC Lawsuit Amid Rising Tensions

A possible appeal of Judge Torres’ XRP case findings is being considered, according to recent developments in the Ripple vs. SEC lawsuits. Legal counsel asserts that the SEC will wait until the last possible moment to announce its decision. Also, according to ex-SEC attorneys, the regulator will almost certainly file

September 22, 2024 1 min read
Banana Gun Users Wallet Hack Leads to $1.4M Worth ETH Theft

Banana Gun Users Wallet Hack Leads to $1.4M Worth ETH Theft

When news spread about the Banana Gun Hack and how user wallets were compromised, it sent shockwaves across the crypto world. A security compromise occurred at the Banana Gun trading bot on Telegram, leading to the loss of almost $1.4 million, or 563 ETH. Despite the scale of the hack,

September 19, 2024 1 min read
Cheqd and Dock Collaborate to Boost Global Decentralized Identity Adoption

Cheqd and Dock Collaborate to Boost Global Decentralized Identity Adoption

In an effort to hasten the adoption of Decentralised Identity (DID) solutions, cheqd and Dock have announced their partnership. This involves migrating Dock Certs and its clientbase to the cheqd network. In order to speed digital identity globally, the $DOCK tokens will be merged into $CHEQ tokens, keeping cheqd and Dock as independent entities. Dock specializes on assisting

September 18, 2024 5 mins read
dYdX

dYdX Enters Prediction Markets with New Upgrade

The dYdX, a decentralized cryptocurrency exchange (DEX) focused on perpetual futures, is set to enter the prediction markets sector. This move will allow users to place leveraged bets on events such as political outcomes, sports results, or asset prices, using the platform’s perpetual futures contracts.  This initiative is part of

September 17, 2024 2 mins read
Crypto.com and Triple-A Partner to Enable Seamless Direct Crypto Payments

My Neighbor Alice Announces Airdrop Campaign Ahead of Beta Season 2 Launch

The first airdrop campaign and the new season campaign have been announced by multiplayer builder game that was formerly the year’s top project on Binance  My Neighbor Alice. Prior to Beta Season 2, which is scheduled to begin on September 24, there will be an airdrop offering participants $25K in $ALICE

September 17, 2024 2 mins read
XRP Price Continues Bearish Momentum Amid Ripple’s SEC Cross-Appeal

XRP Spikes 3% and These Signs Point to a Bullish Breakout?

On Tuesday, September 17, Ripple’s XRP experienced a sharp 2.97% price spike, gaining over 2.98% in market capitalization as it retraced toward $0.58.XRP, which had been performing well earlier in the week. It saw traders opting to “sit and watch” instead of placing new bullish bets. The price surge seen

September 17, 2024 2 mins read
Trump’s World Liberty Financial to Raise $300M via New Token Sale

Trump Backed WLFI Token Launched by World Liberty Financial

World Liberty Financial (WLFI), a crypto project backed by the Trump family, confirmed its plans to launch a governance token during a live stream. The token will be offered under an SEC Regulation D exemption, Rule 506(c) allowing only accredited investors to participate. Unlike typical crypto tokens, the WLFI token

September 17, 2024 2 mins read
LogX Secures $4M in Latest Funding to Boost Leveraged Predictions Market Expansion

LogX Secures $4M in Latest Funding to Boost Leveraged Predictions Market Expansion

LogX, an on-chain consumer Super App, has declared the conclusion of its most recent strategic investment round, in which it received $4 million of the total $10.1 million. In only 10 months after its introduction, this decentralized trading platform has surpassed $20 billion in trading volume, marking its biggest achievement to

September 16, 2024 1 min read
Circle

Circle and Sony Enable USDC on Soneium Blockchain for Creators

Circle, a global financial technology leader, has partnered with Sony Block Solutions Labs. This partnership aims to enhance innovation and creativity through decentralized technologies by utilizing Soneium, a public Ethereum Layer-2 blockchain ecosystem.  The collaboration will integrate the Bridged USDC Standard, positioning bridged USDC as one of the primary tokens

September 16, 2024 2 mins read
Ton's Restaking Solution UTONIC Protocol Raises $100M in TVL

Ton’s Restaking Solution UTONIC Protocol Raises $100M in TVL

Backed by leading innovators in the restaking space and The Open Network’s ecosystem—TonStake, iZUMi Finance, InfStones, SatLayer, and StakeStone, among others—UTONIC gives TON restakers the opportunity to earn triple yield (native validator yield, AVS yield, and farming incentives) and fosters ecosystem innovation by boosting network security, which eventually helps projects like

September 13, 2024 4 mins read