Tue, October 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

Meta Begins NFT Sharing For U.S Facebook, Instagram Users

Meta Begins NFT Sharing For U.S Facebook, Instagram Users

The NFT post may be shared on social media platforms like Instagram and Facebook. In order to do so, users must go to the “digital collectibles” section of the app’s settings. Meta recently announced that it has enabled NFT sharing for all of its Instagram and Facebook users in the

September 29, 2022 2 mins read
Solana Yield Manager 'Texture' Secures $5 Million

Babylon Alphanet Launched by Radix For Early Test Development

Radix, the asset-focused DeFi smart contract platform, has now launched the Alphanet test network in anticipation of the impending Babylon release. The current Radix Public Network will get its first significant upgrade with the release of Babylon. Among all available options for DeFi, only Radix offers a comprehensive stack. Radix

September 29, 2022 2 mins read
Metaverse Casino Slotie NFT Issued Cease and Desist Order

Highly Anticipated ‘ICE Merge’ by Decentral Games is Complete

In an effort to reduce ICE token emissions by 55%, Decentral Games, the play & own Metaverse studio behind ICE Poker, Decentraland’s most popular gaming arena, has launched a strategy. Delegated players may accomplish the reduction by renting the necessary wearable NFTs, which previously resulted in a higher return. Instead

September 29, 2022 2 mins read
Highly Anticipated ‘ICE Merge’ by Decentral Games is Complete

Creator of PUBG Reveals New Blockchain-based Metaverse Game

Players of the upcoming game Artemis may create and play anything they wish. Modifications to the game are possible because of the open-source nature. Brendan Greene, the creator of PlayerUnknown’s Battlegrounds (PUBG), is working on a new game. It will use blockchain technology, NFTs, and the metaverse. Using a virtual

September 28, 2022 1 min read
Celsius Ex-CEO Dumps About $1M Worth CEL and USDC

Celsius Network CEO Alex Mashinsky Resigns Amid Bankruptcy

The company has been granted authorization to sell Bitcoin it has mined. Celsius Network was silent for weeks before filing for bankruptcy. The CEO of the defunct crypto lender Celsius Network, Alex Mashinsky, has resigned, as reported by a New York law firm in a news release published on Tuesday.

September 27, 2022 2 mins read
Robinhood Launches Beta Version of Web3 Wallet

Robinhood Launches Beta Version of Web3 Wallet

The beta version will allow the first 10,000 clients on the waiting list. The iOS-only app will purportedly have “no network fees” for crypto trading. In an official announcement, Robinhood said that the beta version of its Web3 wallet was now available, allowing the first 10,000 clients on the waiting

September 27, 2022 2 mins read
Tech Behemoth Microsoft Bans Crypto Mining on Cloud Platform

Mining GPU Prices in China Plummets Post ETH Merge

Prices for Nvidia GeForce GPUs have dropped dramatically. GPU’s price plummeted from 8,000 yuan to 5,000 yuan. Graphics processing units (GPUs), often used for mining cryptocurrencies like Ether (ETH), have seen price drops in China. This is because of the Ethereum networks transition to a proof-of-stake (PoS) consensus method, attracting

September 26, 2022 1 min read
Grayscale’s GBTC Available at Record Low of 43% Discount

Grayscale Bitcoin Trust (GBTC) Hits New All-Time Low

Grayscale’s website states that GBTC has $11.9 billion in assets under management. GBTC has always traded at a significant premium over spot Bitcoin pricing. Shares of the Grayscale Bitcoin Trust (GBTC), the biggest Bitcoin fund in the market, reached a record discount of 35.18% last Friday and showed little sign

September 26, 2022 2 mins read
Tornado Cash Developer Sentenced to Over 5 Years for $1.2B Money Laundering

CertiK Uncovers Suspicious $2.4M Payments Into Tornado Cash

The money movement is linked to the October 2021 BXH Exchange breach. GitHub reinstated the Tornado Cash code in “read-only” mode. On Saturday, crypto security company CertiK said that it had uncovered a suspicious $2.4 million payment into the cryptocurrency mixer Tornado Cash. Information suggests the money movement is connected

September 25, 2022 2 mins read
Resurgent Strength of USD Negatively Affects Crypto Market

Resurgent Strength of USD Negatively Affects Crypto Market

The dollar’s appreciation may be attributed to the Federal Reserve raising interest rates. As the supply of dollars dwindles, investors will have less money for riskier assets. Bitcoin is struggling to compete against the US currency. On Friday, the dollar index (DXY), which tracks the value of the dollar relative

September 25, 2022 2 mins read
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