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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

Bullish Pressure Captures WOO Market as Buying Spree Accelerates

Enjin Coin (ENJ) Price Surges 18% Amid Key Developments

The native cryptocurrency of blockchain-based gaming firm Enjin, known as ENJ, had a price increase on April 7. Intraday, the cryptocurrency asset reached $0.4958, its highest level since February 25. While the low for the day is $0.4145. Moreover, as of this writing, Enjin Coin’s trade volume has increased by

April 7, 2023 2 mins read
Mt. Gox Opens Reimbursement as Extended Deadline Comes to End

Mt. Gox Opens Reimbursement as Extended Deadline Comes to End

The window for reimbursements to creditors of the now-defunct cryptocurrency exchange Mt. Gox has officially opened with the passing of the deadline for inputting payback information. About a decade ago, in February of 2014, the Tokyo-based crypto exchange filed for bankruptcy, making it one of the first crypto exchanges to

April 7, 2023 1 min read
Hacker Returns 90% of Stolen Funds To Lending Protocol Sentiment

Hacker Returns 90% of Stolen Funds To Lending Protocol Sentiment

By providing a reward of $95,000 for the hacker. The lending protocol Sentiment was able to retrieve the stolen funds. Sentiment urged the hacker to “do the right thing” by offering $95,000 in exchange for the restoration of the stolen assets by April 6 in an on-chain transaction on the

April 6, 2023 1 min read
Donald Trump Claims U.S Dollar Will Lose World Reserve Currency Status

Donald Trump Claims U.S Dollar Will Lose World Reserve Currency Status

Post the courtroom drama, former U.S. President Donald Trump lashed out at the Biden administration and its handling of the currency. The former president has projected that the United States dollar would no longer be the world’s reserve currency if its current decline continues. There was an Indictment on 34

April 6, 2023 1 min read
Fugitive Thodex Exchange Founder Extradited Back to Turkey From Albania

Swiss Government-owned Retail Bank PostFinance To Offer Crypto Trading

The Swiss government-owned retail bank PostFinance is gearing up to provide cryptocurrency trading and storage services to its clients. On April 5, PostFinance and Sygnum, a local cryptocurrency bank, announced their partnership to provide consumers with a full suite of regulated digital asset banking services. Under this collaboration, PostFinance users

April 5, 2023 1 min read
Cash App Reports $2.16 Billion in Bitcoin Revenue for Q1 2023

Cash App Founder and Former CTO of Block Murdered in San Francisco

The victim of a deadly stabbing in downtown San Francisco has been named Bob Lee, founder of Cash App and former chief technology officer of Jack Dorsey’s Block. The SFPD homicide is now looking into the case. Lee, 43, was reportedly discovered stabbed to death on Tuesday morning in the

April 5, 2023 1 min read
Bitget Introduces MPC Wallet for Enhanced Crypto Security

Bitget Faces Fraud Allegations by Crypto Influencer Evan Luthra

Evan Luthra, a prominent figure in the cryptocurrency industry, alleges he lost over $200,000 on the Chinese cryptocurrency exchange Bitget and now accuses the exchange of defrauding its customers. Bitget reportedly sold coins worth millions the following day after Luthra’s Twitter thread claimed that Bitget had frozen his assets and

April 5, 2023 2 mins read
Ethereum Price Witnesses Bullish Momentum Ahead of Shanghai Upgrade

Ethereum Price Witnesses Bullish Momentum Ahead of Shanghai Upgrade

Ethereum’s price, surpassed market leader Bitcoin (BTC) and hit an eight-month high on Tuesday as U.S. stock futures surged and the dollar index fell. The 24-hour high for the cryptocurrency was $1,886, which is the highest price it has been since August. Messari reports that Ether has lost some of

April 4, 2023 2 mins read
Ethereum Co-Founder and CryptoRelief Team Up for Pandemic Solutions

Vitalik Buterin Proposes Deployment of zk-EVMs on Ethereum

Zero-knowledge Ethereum Virtual Machines (zk-EVMs) were advocated for use on the Ethereum mainnet by Vitalik Buterin. The Ethereum co-founder said on his blog that zk-EVMs will increase Ethereum’s transaction verification speed without compromising the network’s decentralization or security. The Russian-Canadian developer claims that Ethereum’s multi-client philosophy, which allows users to

April 3, 2023 2 mins read
PancakeSwap Releases V3 Offering Performance Improvements and Lower Fees

PancakeSwap Releases V3 Offering Performance Improvements and Lower Fees

PancakeSwap, a decentralized finance (DeFi) protocol, has released version 3 of its automated market maker platform on BNB Chain and Ethereum, which brings with it increased speed and decreased costs. Liquidity providers will now be able to deploy capital at more granular pricing points, which will increase capital efficiency. Given

April 3, 2023 2 mins read
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