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Aparna

A passionate content writer, particularly interested in sports writing. Always keen to explore crypto world.

Posts by Aparna

South Korea to Implement Blockchain-Based Digital Identity System

South Korea to Implement Blockchain-Based Digital Identity System

South Korea is planning to replace ID cards with a blockchain-based digital identity system. Digital IDs may be available by 2024, across the country. South Korea to make comprehensive utilization of the blockchain industry in various sectors. According to a recent report from Bloomberg, the South Korean government is planning to

October 17, 2022 1 min read
Kevin O'Leary, a Canadian entrepreneur and star of the show "Shark Tank," has today criticized the cryptocurrency exchange Binance, saying it intentionally caused the FTX to crash. The celebrity businessman said that Binance is a "massive, unregulated monopoly now" appearing at the Senate Committee on Banking, Housing, and Urban Affairs. Among one of the largest digital asset exchanges in the world, FTX saw a dramatic collapse last month, leading policymakers to consider digital asset regulation more than ever before. O'Leary, who has a significant investment in FTX, spoke today, saying, "“I have an opinion, not the records. One put the other out of business—intentionally." Crypto Market Took a Hit The largest cryptocurrency exchange in the world, Binance, was instrumental in the downfall of giant exchange FTX last month. When Binance's CEO, Changpeng Zhao (CZ), stated that the exchange would be selling its supply of FTX's native coin, it caused a liquidity crisis. FTX declared bankruptcy a few days later. As a result of the exchange's demise, the cryptocurrency market as a whole was devastated, along with the stocks of many firms that had dealt with the giant exchange in some way. The moment has come to "separate digital assets from corrupt organizations," as Sen. Cynthia Lummis (R-WY) said during the session. Sam Bankman-Fried, former CEO and founder of FTX, was detained in The Bahamas over the weekend after U.S. authorities demanded his extradition from the nation where FTX is headquartered. As a result, he is now the subject of an investigation and faces eight felony counts. Recommended For You: Justin Sun Withdraws $100M BUSD From Binance Exchange

Kevin O’Leary Believes the Stablecoin Transparency Act Will Boost BTC

As per O’Leary, if the Stablecoin Transparency Act is passed, the BTC price will go up. The Act will probably be passed by the US Congress after the midterm elections. Kevin O’Leary, the Canadian businessman and chairman of O’Shares Investments has a recent update regarding Bitcoin’s potential price movements. In

October 17, 2022 1 min read
Top Trending Coins in the Crypto Community

Top 3 Cryptocurrency Gainers of the Last 24 Hours

The top 3 gainers of the day are QNT, MKR, and CSPR. QNT has increased by nearly 10.24% during the last 24 hours. Let’s take a look at the top 3 gainers of the past 24 hours.  Quant (QNT) Quant (QNT) is the native token of the Quant Network, an

October 15, 2022 2 mins read
CFTC’s Control Over Stablecoins Should Be Strengthened, Says Gensler

CFTC’s Control Over Stablecoins Should Be Strengthened, Says Gensler

As per Gensler, the control over stablecoins will reduce the risk to the financial system. Gensler says the CFTC lacks the direct authority to impose regulations over stablecoin issuers. According to Gary Gensler, the chairman of the US Securities and Exchange Commission (SEC), the U.S. Congress should give more authority

October 15, 2022 2 mins read
Uniswap Price Analysis: UNIUSDT Identifying Consolidation and Breakout Potential

Uniswap (UNI) Surges Over 13% After Raising $165M Fund

UNI increased by nearly 13.52%, currently trading around $6.35. Uniswap Labs recently raised $165 million in a series B funding led by Polychain Capital. Uniswap (UNI), the governance token of the crypto exchange platform, Uniswap is witnessing a dramatic price surge in the global cryptocurrency market. According to CMC, Uniswap

October 14, 2022 1 min read
Elon Musk Is Under Investigation Over a $44 Billion Deal, Says Twitter

Elon Musk Is Under Investigation Over a $44 Billion Deal, Says Twitter

As per Twitter, Elon Musk is being investigated for his deal of Twitter acquisition. Musk jokingly claims he is selling “Burnt Hair” perfumes to pay for the Twitter purchase. The Tesla Inc CEO, Elon Musk is currently under investigation by US federal authorities for his conduct in connection with the

October 14, 2022 2 mins read
Elon Musk Turns Into “Perfume Salesman” to Win Over Twitter Deal?

Elon Musk Turns Into “Perfume Salesman” to Win Over Twitter Deal?

Elon Musk recently launched his perfume brand which can be purchased with DOGE. Musk is expected to finalize a $44 billion acquisition of Twitter on October 28. Following Elon Musk’s recent announcement regarding the launch of his newest perfume, ‘Burnt Hair,’ thousands of perfume bottles were sold and earned millions

October 13, 2022 1 min read
Shiba Inu Witnesses Significant Burn Rate of 252% in Last 24 Hours

Shiba Inu Community Seizes Control of the SHIB Burn Portal

The Shiba Inu team takes over SHIB burn portal operations. Shiba Inu terminated its cooperation with the Ryoshi Vision team. Shiba Inu (SHIB), one of the leading meme-currencies has announced that it has completely taken over the SHIB burn portal and terminated its affiliation with the Ryoshi Vision (RYOSHI) team,

October 12, 2022 2 mins read
Defunct Celsius Network Plans to Sue Creditor Over Leaking Confidential Info

Celsius Requests the US Court to Schedule the Bar Date

Celsius asked the court to schedule the bar date, which is the deadline for clients to submit proof of claim. The proof of claim form is accessible through the Stretto website. Celsius Network, the crypto lending platform has a recent update to its customers on the proof of claim process

October 12, 2022 2 mins read
Cardano (ADA) Price Plummets Amid Sluggish Market Conditions

Cardano (ADA) Hits One-Year Low and 87% Down From ATH

Cardano recently dropped to a one-year all-time low, now trading around $0.396842. ADA witnessed a massive price drop since Mid of the year. Cardano (ADA), one of the leading altcoins, is dramatically crashing down in the crypto market, hitting its one-year all-time low of around $0.39. According to CoinGecko, the

October 11, 2022 1 min read