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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

Lazarus Hacking Group Targeting Japanese Crypto Firms

Hacker Group Lazarus Targets Users Via Coinbase Job Posts

The malware campaign prompts members of the crypto community to download a PDF. Lazarus is a hacker group supported financially by the North Korean government. Crypto.com, a cryptocurrency exchange, has been the latest victim of a hacking group called Lazarus. According to a report by cyber security company Sentinel One.

September 29, 2022 1 min read
Israel’s Chief Economist Introduces New Guidelines for Crypto Regulation

CFTC Chairman Anticipates 2x Bitcoin Price Post Regulation

On Thursday, Rostin Behnam, chairman of the CFTC, predicted that Bitcoin’s value might “double in price” if it were sold in a CFTC-regulated market. The chairman noted that the crypto market has “a massive opportunity for institutional inflows that will only occur if there’s a regulatory structure.” The remarks come

September 29, 2022 1 min read
Thailand SEC Warns of Stricter Crypto Regulations Post FTX Fall

Thailand SEC Imposes Fine on Crypto Exchange Bitkub

The Thai SEC had already issued punishment prior to these new court requests. The SEC has accused the trio of wash trading. Once again, the Thai Securities and Exchange Commission (SEC) is filing suit against leading exchange Bitkub and two people. After being found guilty of wash trading, the SEC

September 28, 2022 2 mins read
Cardano (ADA) Price Plummets Despite Recent Vasil Hard Fork

Cardano (ADA) Price Plummets Despite Recent Vasil Hard Fork

After the activation of Plutus V2, the price of ADA fell to almost a year low of $0.42. Hoskinson announced the success of the Cardano wallet Daedalus Turbo proposal. Despite the Vasil hard fork, the ADA price has been unable to recover from its near-year-low following the upgrade. Cardano creator

September 28, 2022 1 min read
Japan Plans to Abolish Tax Deployed on Native Tokens of Crypto Firms

Japan To Revise Regulations Over Money Laundering Concerns

It will help Japan to reduce crypto-related money laundering. These grants authorities the power to make information requests to exchanges. Japan has decided to revise an existing regulation on money laundering in an effort to reduce the prevalence of crypto money laundering. The worldwide threat of cryptocurrency money laundering and

September 27, 2022 2 mins read
$104M Worth Assets of Terra Co-Founder Confiscated by South Korea

Upbit Discloses Terra Transaction Fees Utilization Plan

Upbit’s Luna Fee Utilization Committee has agreed to split transaction fees. A white paper explaining what led to the LUNA problem is part of the near-term agenda. Upbit, the leading cryptocurrency exchange in South Korea, has a plan to split the about $4.6 million in Terra LUNA transaction fees it

September 27, 2022 2 mins read
Italian Soccer Team AC Milan Announces New NFT Initiative

Italian Soccer Team AC Milan Announces New NFT Initiative

The team launched a collaborative NFT drop of franchise-owned IP with Monkeyleague. On October 6, the new assets will be auctioned off to fans. Now more than ever, international sports teams are using Web3 elements to reach out to supporters in outside markets. The Italian Serie A League’s current champions,

September 26, 2022 2 mins read
Famed Investor Michael Burry Warns of Upcoming Recession

Famed Investor Michael Burry Warns of Upcoming Recession

Burry highlights the deteriorating situation in the white-collar workforce. The Fed has used the robustness of the job market to allay recession concerns. Inflation has devastated economies throughout the world. The macroeconomic situation will deteriorate as predicted by Michael Burry, an experienced investor and the founder of Scion Capital. Burry

September 26, 2022 1 min read
Senator Elizabeth Warren Criticizes Crypto for Promoting Illicit Finance

California Governor Vetoes Crypto Regulation Bill

Despite having until September 30th to make a choice, Newsom vetoed the legislation. Newsom thinks his study has to be taken into account before a licensing framework. Assembly Measure 2269, a crypto oversight bill, has been vetoed by California Governor Gavin Newsom. A unique license from the California Department of

September 25, 2022 2 mins read
Bitget Registers in Africa To Boost Global Development

Bitcoin HODL Reaches 5-year High Despite Bears Dominance

Since the beginning of 2017, a total of 7,495,059.588 BTC have been held in ‘HODL’.  Expert cautioned investors to hold off on buying BTC at the present time. As Bitcoin struggles to make a meaningful positive move this year, the cryptocurrency markets are putting investors to the test. It has

September 25, 2022 1 min read
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