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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

Indonesia’s Central Bank Banking Heavy on Digital Rupiah Launch

Indonesia’s Central Bank Banking Heavy on Digital Rupiah Launch

The conceptual design of the future digital rupiah would be released by the end of 2022. The digital rupiah’s security measures are now being developed by Bank Indonesia. Indonesia’s central bank is aiming to create a new digital rupiah in large quantities. Regulators aim to make sure that the new

July 23, 2022 2 mins read
Coinbase Wallet Announces Integration of OpenSea and Rarible Orders

Coinbase Wallet Announces Integration of OpenSea and Rarible Orders

This improvement aims to make NFT trading easier for beginners. NFT marketplace OpenSea receives orders from 25,000 to 30,000 customers every day. The largest U.S. crypto exchange, Coinbase, has released an update to its multi-product wallet that makes trading non-fungible tokens (NFTs) easier for experts and novices alike. The Coinbase

July 23, 2022 2 mins read
Brazilian Cryptocurrency Bill Turns up Following General Election

Mercado Brazil Eyes Regulatory Approval To Start Operations in Mexico

Mercado Bitcoin is going to obtain a licence in Mexico and operate very soon. This may be the biggest competition for the crypto exchange Bitso. Mercado Bitcoin, a Brazilian crypto exchange, might start operating in Mexico as early as 2022 if the regulatory license is granted. Mexican regulators have yet

July 22, 2022 2 mins read
Prominent Exchange Gemini Reportedly Laid Off 7% of its Workforce

Prominent Exchange Gemini Reportedly Laid Off 7% of its Workforce

The corporation is taking these steps due to “extreme cost-cutting” initiatives. The firm announced its first round of layoffs less than two months ago. Gemini, the Winklevoss twins’ regulated cryptocurrency exchange in the United States, is reportedly downsizing its employees. This wave of layoffs was not announced internally by the

July 20, 2022 1 min read
Stablecoin Protocol Bluejay Finance Raises $2.9 Million in Funding From Asian Investors

Stablecoin Protocol Bluejay Finance Raises $2.9 Million in Funding From Asian Investors

To issue stablecoins tied to real-world currencies, Bluejay Finance, a capital-efficient decentralized stablecoin protocol, has secured $2.9M in investment from Zee Prime Capital, C2 Ventures, Stake Capital Group, RNR Capital, Daedalus Angels, Moonlanding Ventures, Oval Ventures, and others. Operator angels include DeFi enterprises like Ribbon Finance, Flux, Voltz, and Alpha

July 20, 2022 3 mins read
Bitget Registers in Africa To Boost Global Development

Dubai’s Virtual Asset Regulator Grants Provisional License to OKX

The company is dedicated to helping grow the UAE’s infrastructure and personnel. Dubai’s crown prince recently tweeted about the new metaverse plan. According to the Dubai virtual asset regulator, the Virtual Assets Regulatory Authority (VARA), OKX has been awarded a “provisional virtual assets license” to offer services to eligible investors

July 19, 2022 2 mins read
Shiba Inu Community Seizes Control of the SHIB Burn Portal

Shiba Inu (SHIB) Burn Rate Climbs by 785% With 573M SHIB Burnt

There has been a surge in trading volume for Shiba Inu, according to WhaleStats. At one point, Shiba Inu hit an intraday high of $0.00001263, an 18% increase. Since yesterday, Shiba Inu’s burn rate has increased dramatically, according to the Shibburn website. A staggering 519,456,549 SHIB tokens were recently burnt,

July 19, 2022 2 mins read
3AC Co-founder Su Zhu Opposes Asset Liquidation in Singapore

Zhu Su Co-founder of Three Arrows Capital Among List of Creditors

The co-founder is said to have filed a $5 million lawsuit. The fund’s investment manager, ThreeAC Limited, has also made a $25 million claim. Starting with 3AC, Voyager, and Celsius, several companies went bankrupt during this crypto bear market’s decline. In contrast to the other platforms, 3AC has been accused

July 18, 2022 2 mins read
Philippines Regulator Issues Warning Against Crypto Volatility

Robert Kiyosaki Shares Plans for Buying Bitcoin at Bargain Prices

Robert Kiyosaki emphasized this week that he is holding off on buying bitcoin until asset values drop, adding that he believes “the Greatest Sale on Earth” is approaching. Kiyosaki and Sharon Lechter co-wrote Rich Dad, Poor Dad in 1997. The book got listed on the New York Times Best Sellers

July 17, 2022 2 mins read
Ethereum Mainnet Shadow Fork 10 Successfully Deployed

Highly Anticipated Ethereum Merge Scheduled For Mid-September

September 19th is scheduled to see the network transition. The Merge will mark the beginning of a new era for Ethereum. Ethereum developers have established a new target date for the long-awaited Merge of the blockchains. September 19th is scheduled to see the network transition from a PoW blockchain to

July 17, 2022 2 mins read