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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

Blackrock’s Institutional Clients Get Crypto Exposure Through Coinbase

Blackrock’s Institutional Clients Get Crypto Exposure Through Coinbase

Coinbase share value surged 22% on Thursday due to BlackRock’s announcement. To begin with, users will have access to Bitcoin. Cryptocurrency exchange Coinbase has teamed with BlackRock, the world’s biggest asset management, to provide its institutional Aladdin platform customers with access to cryptocurrency through Coinbase Prime. Coinbase’s trading, custody, prime

August 4, 2022 1 min read
Bitget Registers in Africa To Boost Global Development

Galoy Introduces Bitcoin-backed Synthetic Dollar Pegged to USD

Galoy also announced a $4 million capital raising to support the development. Stablesats’ source code may be seen on GitHub and on a dedicated website. The Lightning Network may eventually allow users to send and receive dollars with the press of a button. Wednesday, Galoy, the open-source financial platform that

August 3, 2022 1 min read
Hacker Returns $9 Million Worth of Stolen Funds Off the Nomad Bridge

Hacker Returns $9 Million Worth of Stolen Funds Off the Nomad Bridge

Nomad disclosed that it is using a leading chain analysis service to track funds. More than $1 billion has already been stolen from bridges in 2022 as per reports. Almost $190 million in cryptocurrency was taken off the Nomad Bridge by hackers this morning. The hack once again exposed the

August 3, 2022 2 mins read
Robinhood Fined $30 Million by NYDFS Over Non-compliance

Robinhood Fined $30 Million by NYDFS Over Non-compliance

Robinhood reportedly failed to meet some consumer-protection criteria. The SEC fined a $65 million payment from the business in December 2020. Anti-money laundering and cybersecurity standards were reportedly violated by Robinhood’s crypto trading business, which has been fined $30 million by the New York State Department of Financial Services. “Insufficient

August 2, 2022 1 min read
Ankr Launches New Staking SDKs Enabling Liquid Staking on Most Popular Cryptocurrencies

Ankr Launches New Staking SDKs Enabling Liquid Staking on Most Popular Cryptocurrencies

Ankr has released the first staking SDKs in the industry to enable liquid staking on the world’s most popular cryptocurrencies. With the introduction of Ankr’s new Staking SDKs (software development kits), blockchain developers will be able to include liquid staking into their projects and platforms. Ankr provides SDKs for staking

August 2, 2022 2 mins read
Huobi Global Enters Australia Following Approval by Regulators

Huobi Global Enters Australia Following Approval by Regulators

The Australian Transaction Reports and Analysis Centre (AUSTRAC) granted approval. Huobi will be looking forward to concentrating on OTC services the most. The Huobi global exchange has received complete authorization to operate in Australia and supply its services. The Australian Transaction Reports and Analysis Centre (AUSTRAC) granted Huobi, one of

August 1, 2022 2 mins read
England-based Metaverse Development Firm Condense Raises $4.5M

England-based Metaverse Development Firm Condense Raises $4.5M

Condense’s concept offers transmission services that are paid by time. There is a plan to establish a metaverse video study in Bristol. In its most recent round of seed fundraising, Condense, a Bristol, England-based provider of metaverse streaming technology, has secured $4.5 million. It is said that the money from

August 1, 2022 2 mins read
Aave Community Unanimously Supports CRV Borrowing Prohibition

New Stablecoin ‘GHO’ Proposal Approved by AAVE DAO

An overwhelming majority of 1,793 people voted in favor of the measure. From the 28th of July 2022 until the 31st of July 2022, a voting window was open. The AAVE DAO approves AAVE’s plan to create the algorithmic stablecoin GHO. Aave Companies, the company behind AAVE, presented a request

July 31, 2022 2 mins read
Shiba Inu Team Unveils New SB Visa Card Pumping Burn Rate

Shiba Inu Team Unveils New SB Visa Card Pumping Burn Rate

Reflex Finance, a decentralized swap platform listed SHIB. SHIB Burn Visa Card would burn a small token amount every time the card is used. When Shiba Inu’s new SB Visa card teaser appeared recently, it was followed by many exchange listings for SHIB. Cooperative efforts from both the SHIB community

July 31, 2022 1 min read
Cardano’s Vasil Hard Fork Postponed For Few More Weeks

Cardano’s Vasil Hard Fork Postponed For Few More Weeks

Final testing and other minor concerns are to blame for the new delay. Cardano’s newest delay did not seem to bother the community all that much. Networks may flourish only if they get regular updates. Adapting to the market’s demands, as well as its faults, is now a requirement, especially

July 30, 2022 2 mins read