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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

Pawnfi Introduces Non-Standard Asset Financialization Platform on Flare Network

Pawnfi Introduces Non-Standard Asset Financialization Platform on Flare Network

Pawnfi is partnering with Flare Network, a new blockchain with the ambitious goal of connecting everything, to facilitate the use of non-standard assets (NSA) on Flare. With Pawnfi, owners of illiquid items may get more value out of their possessions than they would otherwise be able to. NSAs may be

August 25, 2022 2 mins read
Sullivan Bank and Bakkt Collaborate To Provide Crypto Trading

Sullivan Bank and Bakkt Collaborate To Provide Crypto Trading

Bakkt stores its clients’ cryptocurrency in a combination of hot and cold wallets. Founded in 1895, Sullivan Bank is among the nation’s oldest financial institutions. A press release from Bakkt Holdings Inc., a digital asset service provider, and Sullivan Bank announced their partnership to provide bitcoin and other cryptocurrencies to

August 24, 2022 1 min read
Whale Alert: Bitfinex Sent 117K Ethereum (ETH) to Unknown Wallet

Whale Alert: $73M Worth of XRP Accumulated in Last 24 Hours

The data tracker shows that a “whale” just invested more than $40.1 million in XRP. The XRP price has increased by almost 1.58% in the previous 24 hours. In the last 24 hours, Ripple’s native coin, XRP, has become one of the most popular cryptocurrencies among the whales. The statistics

August 23, 2022 1 min read
Indian Crypto

Authorities in India Establish ‘India Blockchain Forum’

It was said that forty influential individuals had signed up for the forum so far. There will be a Web 3.0 regulatory sandbox, as promised by the Telangana government. The trading and dealing of digital assets in India have been met with several regulatory obstacles. But some very important people

August 23, 2022 2 mins read
Highly Anticipated ‘ICE Merge’ by Decentral Games is Complete

Celebrity Miley Cyrus Filed Trademark Application For Metaverse

Snoop Dogg, an American artist, is making great inroads into NFTs. On August 16, Cyrus filed trademark applications with the USPTO. In the next five years, Juniper Research predicts that there will be 40 million NFT transactions. The research predicts that metaverse-related use cases will be a major factor in

August 23, 2022 1 min read
CACEIS Approved to Provide Crypto Custody Services in France

Samsung Securities Plans To Open Crypto Exchange in South Korea

Only two of the seven companies were uncovered by the research. Mirae Asset Securities has launched a new division under its sister firm. From rapidly sketching up a structure controlling the market to exploring a number of different platforms. Several conventional brokerages in South Korea were apparently getting ready to

August 22, 2022 2 mins read
Senator Elizabeth Warren Criticizes Crypto for Promoting Illicit Finance

JP Morgan’s CEO Jamie Dimon Warns of Catastrophic Recession

Dimon then said that there is a 20-30% chance that something much worse may occur. Goldman Sachs CEO David Solomon has previously issued a similar warning. Jamie Dimon, CEO of JPMorgan Chase & Co., recently warned clients on a conference call that something much worse than a recession might be

August 22, 2022 1 min read
Jack Dorsey Backs Bitcoin Advocate Robert Kennedy Jr for President

‘Block’ Under Scrutiny by Consumer Financial Protection Bureau

Cash App’s handling of customer complaints and disputes is the subject of the probe. The deadline for 2021 compliance was also December 5, 2021. Block Inc., founded by Jack Dorsey, is being sued by the Consumer Financial Protection Bureau (CFPB). The Consumer Financial Protection Bureau claims that Block did not

August 21, 2022 2 mins read
Prominent Developer Claims Cardano Blockchain Testnet Broken

Prominent Developer Claims Cardano Blockchain Testnet Broken

Operators ATADA and PoolTool found a serious issue in the client software. Dean expressed concern over Input Output’s “rushing” to release the Vasil update. One notable developer has cautioned that there has been a problem with Cardano’s testnet. The Layer 1 testnet of the Cardano blockchain is now incompatible with

August 19, 2022 2 mins read
Multi-chain Lending Protocol Hundred Finance Exploited of $7.4M

Indian Authorities Join the Hunt for BitConnect Scam Mastermind

In a sophisticated pyramid scam, the scam caused participants to lose billions. The US government filed charges against Satish and his confederates in September 2021. BitConnect was launched in 2016 and was hailed as a major game-changer. As a result of its popularity among eager investors seeking huge profits in

August 19, 2022 2 mins read