Thu, November 28
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Ashfaq

A devoted content writer having 3 years of crypto trading experience. Loves cooking and swimming. Stays up to date with the latest developments on blockchain technology.

Posts by Ashfaq

Dogecoin

Dogecoin Witnesses $33.11M Liquidation Amid Musk Fiasco

The Elon Musk Twitter acquisition, worth $44 billion, helped propel the price. During its recent upswing, Dogecoin jumped into the top 10 cryptocurrency rankings. The price of Dogecoin (DOGE), the biggest meme cryptocurrency, surged by over 110%, surpassing the $0.135 barrier that had previously served as a formidable barrier. The

October 30, 2022 1 min read
Celsius Bankruptcy Case Trustee Criticizes $2.96M Bonus Scheme

Celsius Bankruptcy Case Trustee Criticizes $2.96M Bonus Scheme

In its Oct. 27 supporting statement for the objection, the trustee harshly criticized Celsius. Paying executives more in anticipation of a reorganization may seem counterproductive. U.S. trustee William Harrington is objecting to a Celsius motion. That would pay $2.96 million in retention bonuses to 62 of the company’s 275 workers.

October 28, 2022 2 mins read
THORChain Temporarily Halts Network Operations Amid Possible Breach

THORChain Network Back Online After 20.5 Hours of Outage

The network operators went on to detail the processes necessary to fix the issue. Next week the team will be releasing the autopsy results. THORChain’s blockchain operators announced on Twitter that the network had crashed Thursday due to a software fault. Members of the team have said that the downtime

October 28, 2022 2 mins read
myNFT Will Exhibit the First-ever NFT Vending Machine in Europe at NFT.London

myNFT Will Exhibit the First-ever NFT Vending Machine in Europe at NFT.London

The NFT.London conference, which runs from November 2–4, will include the first-ever real NFT vending machine in Europe, according to myNFT, the low-cost, multichain NFT marketplace that’s making non-fungible tokens accessible to everyone. Their actual NFT vending machine makes it easy for anybody to buy an NFT in a matter

October 27, 2022 4 mins read
Whale Transfers 2,500 Bitcoin (BTC) Worth $62M to Binance

Whale Alert: 15K Bitcoin (BTC) Moved Post Recent Rally

After an 8% increase in value over the last 24 hours, the Bitcoin price is now at $20,764. A whale withdrew 1,389 Bitcoin from FTX, valued at almost $29 million. In the last 24 hours, the price of a Bitcoin (BTC) has risen to a high of $20,764. Increased whale

October 26, 2022 1 min read
Crypto Holders Can Now Purchase Gold with BitPay

BitPay Announces Addition of Polygon MATIC on Its Platform

Users of the BitPay app will be able to buy, store, trade, and spend MATIC. Today, most cryptocurrencies traded in green after a long time. After much anticipation, the native token of Polygon, MATIC, will be made accessible on BitPay, one of the leading cryptocurrency payment systems, as per an

October 26, 2022 1 min read
Nigeria Increases Cash Withdrawal Limit Post Feedback

BitMEX CEO Alexander Hoeptner Steps Down

The BitMEX native token, BMEX, will be listed before the end of next year. This past February, the business airdropped 1.5 million BMEX. After Alexander Hoeptner quit “with immediate effect,” BitMEX nominated chief financial officer Stephan Lutz as interim CEO. The corporation has said that Lutz will remain in his

October 25, 2022 1 min read
Cremation Coin Burns 24M LUNC Amid Declining Burn Rate

1.34 Billion Terra Classic (LUNC) Burned by Binance

Week after week, Binance LUNC burns have decreased. Terra Rebels has now opened an official YouTube channel. Over 1.34 billion Terra Classic (LUNC) tokens were burned in the fourth batch of Binance’s burn mechanism. Nearly 12.5 billion LUNC tokens have been delivered to the burn address by Binance as of

October 25, 2022 1 min read
French Investors File 2.4M Euros Lawsuit Against Binance Exchange

Binance Striving Hard To Grab the Hacker Behind Recent Exploit

The attacker stole $570 million worth of cryptocurrency on October 6. Following the discovery of the breach, Binance Smart Chain was disabled. On Monday, Binance CEO Changpeng Zhao told CNBC that the exchange is “narrowing down” the identity of the attacker who stole $570 million worth of cryptocurrency from a

October 24, 2022 1 min read