Fri, February 7
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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

U.S DOJ Suggests Curbs on Sam Bankman-Fried's Use of Digital Devices

U.S DOJ Suggests Curbs on Sam Bankman-Fried’s Use of Digital Devices

U.S. officials will provide former FTX founder Sam Bankman-Fried with a new phone and a laptop with enhanced security measures. As part of the new bail regulations, the mobile device must be a flip phone or “non-smartphone.” And internet access on the laptop must be restricted to just whitelisted sites.

March 4, 2023 2 mins read
Revolut Partners With Koinly to Integrate Automated Tax Reporting Services

Revolut Reports 33% Increase in Revenue in 2022 Reaching $1.03B

Revolut, a London-based fintech startup that facilitates cryptocurrency trading, witnessed a 33% increase in revenue in 2022, according to the company’s chief financial officer. In spite of the bear market in cryptocurrencies last year and generally poor macroeconomic circumstances, it managed to achieve great outcomes. Revolut’s Chief Financial Officer Mikko

March 4, 2023 1 min read

Near Protocol Announces Launch of New Blockchain Operating System

Near Protocol, a decentralized application (DApp), announced at the Web3 and innovation festival ETHDenver 2023 that it would be releasing a new blockchain operating system. With the goal of enhancing the user experience on Web3. By creating a unified platform for accessing and learning about open web resources. Illia Polosukhin,

March 3, 2023 2 mins read

NFT Trading Volume Surges Rapidly to $2.04 Billion in February

According to DappRadar’s analysis of market activity, the number of NFT sales surged in February to levels not seen since the beginning of crypto winter in the spring of 2022. This is a huge increase from January when trading was $941 million when it jumped to almost $2.04 billion.  Based

March 3, 2023 1 min read

Binance Launches AI-Powered NFT Generator Platform ‘Bicasso’

Since its debut, Binance has solidified its position as a leading exchange for crypto trading. Binance has joined the AI hype train in an effort to capitalize on the growing interest in this technology. More and more artificial intelligence-powered image-generation services have emerged in recent years, allowing users to input

March 1, 2023 2 mins read

Indian State Governor’s Twitter Hacked To Promote XRP Scam

After Robinhood and Azuki, hackers have now targeted the account of an Indian government official in an effort to spread their cryptocurrency hoax. Tuesday afternoon around 4 PM (EST), the official account of Madhya Pradesh’s governor began reacting to a flurry of tweets that claimed Ripple Labs CEO Brad Garlinghouse

March 1, 2023 1 min read

Ethereum Foundation Launches Account Abstraction Grant 2023

The Account Abstraction Grant 2023 is a new funding opportunity from the Ethereum Foundation that aims to speed up and improve the existing system. The Ethereum ecosystem support programme encourages builders and coders by providing them with resources for ongoing initiatives that improve the Ethereum blockchain’s features and capabilities. Under

February 28, 2023 1 min read

Insolvent Voyager Digital Starts Liquidating Crypto Assets to Coinbase

After declaring bankruptcy in July 2022, Voyager Digital has been looking at numerous options for reviving the firm ever since. At first, there was an agreement with FTX, which was terminated when that company collapsed soon after FTX won the auction for its assets. Ultimately, FTX would file a lawsuit

February 28, 2023 1 min read
BitMEX Co-founder Optimistic of Bitcoin Reaching $1M Amid Bank Run

BTC, ETH, and SOL Top List of LunarCrush’s Social Engagement in Feb

Following a catastrophic 2022, Bitcoin and other major cryptocurrencies started 2023 on a high note, reaching their highest values in months in January as U.S. inflation continued to fall. The aftermath of the FTX cryptocurrency exchange’s demise continued in January when crypto lender Genesis declared bankruptcy. Nonetheless, the Biden administration

February 27, 2023 2 mins read

Pilot Test For Brazil’s CBDC ‘Digital Real’ Successfully Completed

The Brazilian government’s plan to create a central bank-issued digital currency, known as the “digital real,” is making progress towards a likely release date. Local exchange Mercado Bitcoin announced the successful completion of a series of pilot tests. Aimed at analyzing the interoperability of a tokenized version of the digital

February 27, 2023 1 min read