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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

Ethereum and Polygon Support Now Added to Phantom Wallet

Ethereum and Polygon Support Now Added to Phantom Wallet

Earlier today, Phantom, one of the most widely used cold storage wallets for Solana-based decentralized applications and NFTs, announced that it will be expanding to include Ethereum and Polygon. Phantom is available for PC, iOS, and Android. When compared to centralized exchanges and firms that manage sensitive user data. The

November 29, 2022 1 min read
Kazakhstan Successfully Pilots Digital Tenge for Retail Transactions

Ukraine Eyes CBDC For Retail and International Transactions

The National Bank of Ukraine is contemplating the introduction of a digital Ukrainian hryvnia that would be suitable for a range of applications, including the distribution of virtual assets and their subsequent trade. According to a press release issued on Monday, the Central Bank has met with representatives from the

November 29, 2022 1 min read
Centralized Exchange Would Continue To Dominate as per JPMorgan

Centralized Exchange Would Continue To Dominate as per JPMorgan

JPMorgan predicted that centralized exchanges would continue to dominate the bulk of global digital-asset trading volumes despite predictions from certain crypto analysts that a move toward decentralized platforms would follow after FTX’s demise. The bank’s strategists, led by Nikolaos Panigirtzoglou, warned clients on Thursday that the DEXs’ slower transaction speeds,

November 28, 2022 2 mins read
French Investors File 2.4M Euros Lawsuit Against Binance Exchange

Binance Transfers Over $2 Billion Worth Bitcoin to New Wallet

On Monday, the price of Bitcoin (BTC) dropped sharply, falling below the $16.5k support level. Bitcoin’s price is expected to drop to $14,500 before confirming a bottom, according to analysts. On the other hand, other analysts think the BTC price may recover from its present low using information from previous

November 28, 2022 1 min read
Whales Move Over 400 Million XRP Following Price Surge

Whales Move Over 400 Million XRP Following Price Surge

Ripple’s native cryptocurrency, XRP, is one of the few that has been increasing in value despite the general market downturn. The SEC action against Ripple is only one of several causes driving this uptick. Nonetheless, the case-related developments have prompted crypto whales to purchase additional XRP. According to Whalestats, the

November 26, 2022 1 min read
Huobi Token (HT) Surges 24% Amid Recent Developments

Huobi Token (HT) Surges 24% Amid Recent Developments

There has been a 24% increase in the value of Huobi Token (HT) during the last day. The price of one HT has risen from its all-time low of $3.70 on November 13 to its current price of $7.22. The values of cryptocurrency tokens have taken a beating in the

November 26, 2022 1 min read
The rapid collapse of FTX has caused many companies and the market to encounter a decline, and the entire market has felt the impact of the collapse.

Crypto Trading Firm ‘Hayvn’ Plans Bidding For Acquiring FTX Pay

On Friday, Abu Dhabi-based cryptocurrency trading firm Hayvn said that it was contemplating making an offer to acquire FTX’s payments business, FTX Pay. Executives at Hayvn believe FTX Pay is a good fit for the Hayvn Pay system. Moreover, it has been claimed that FTX, now a defunct cryptocurrency exchange,

November 25, 2022 2 mins read
Meta (Facebook) Added To Extremist List by Russian Justice Ministry

Meta (Facebook) Added To Extremist List by Russian Justice Ministry

The Russian government has delivered a serious setback to Meta (Facebook). On Friday, Meta was reportedly designated as an extremist group by the Russian Ministry of Justice. An earlier ruling in Russia found that Meta was involved in extremist activity.  Additionally, Moscow censored Instagram and Facebook. They said it was

November 25, 2022 2 mins read
GAM3 Nominees Announced Prior to First Web3 Gaming Awards

GAM3 Nominees Announced Prior to First Web3 Gaming Awards

The games that have been shortlisted for the GAM3 Awards in 2022 have been made public. The first Polkastarter Gaming GAM3 Awards will take place on December 15, 2022, and will cover 16 categories. The jury members selected their best 5 games from each of the 13 categories represented by

November 24, 2022 7 mins read
SPAC Deal of Crypto Exchange Bullish Called Off

Crypto Market Reacts Positively to U.S. Jobless Claims Increase

In the United States, applications for unemployment benefits hit a three-month high last week, signaling a thawing of the job market in the wake of a wave of layoffs at technology companies. The number of Americans filing for unemployment benefits increased by 17,000 to 240,000, as reported by the Labor

November 23, 2022 1 min read
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