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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

Ticketmaster Collaborates With Dapper Labs For NFT Tickets

Ticketmaster Collaborates With Dapper Labs For NFT Tickets

A Giant in the Ticketing Industry Today, Ticketmaster announced that they will be using Dapper Labs’ Flow blockchain to issue tickets as NFTs for certain events. The NFTs, which are proprietary blockchain assets, will serve mainly as digital collectibles and shareable “proof of attendance.” Over the course of the last

August 31, 2022 2 mins read
Instagram Influencer Jay Manzini Pleads Guilty in $8M BTC Fraud

Turkey-based Thodex Exchange CEO Finally Under Arrest

Interpol has begun the formalities necessary to extradite Zer back to Turkey. Local prosecutors are apparently seeking hundreds of years in prison. According to a statement released by the Turkish Ministry of Interior, the CEO of crypto exchange Thodex was apprehended in Albania. An international warrant was issued for Faruk

August 30, 2022 1 min read
Qatar Grants First Digital Payments License Ahead of FIFA Event

Qatar Grants First Digital Payments License Ahead of FIFA Event

Earlier this month, Ripple’s partner, Tranglo, revealed plans to expand into the gulf. The acceptance of Apple Pay and Samsung Pay is a major development. The first license for digital payments has been awarded by the Central Bank of Qatar. The licensing of two electronic payment service providers, iPay by

August 30, 2022 2 mins read
Cardano’s Founding Member Launches New Social Platform

Cardano Treasury Balance Crosses Over 1 Billion ADA ($497M)

There are now 1,075 active projects on the Cardano blockchain.  Cardano creator Charles Hoskinson said that the Vasil hard fork is imminent. According to Daniel Ribar, of IOG’s Project Catalyst’s Community/Product division, the Cardano Treasury Balance is now above 1 billion ADA. At the current currency rate, this amounts to

August 29, 2022 1 min read
Ripple CEO Denies Funding Law Firm to Target Organizations

Ripple CEO Denies Funding Law Firm to Target Organizations

SEC has filed an action against Ripple, arguing that the XRP coin is a “security.” It was reported that Kyle had approached the CEO about becoming an angel investor. Ripple’s CEO, Brad Garlinghouse, has publicly denied the claims made by whistleblower Crypto leaks. According to claims, Garlinghouse funded Kyle Roche

August 29, 2022 2 mins read
Zipmex Seeks Meeting Thailand SEC Over Recovery Plan

Zipmex Seeks Meeting Thailand SEC Over Recovery Plan

The claimed $40 million in fundraising will result in a $400 million value. The SEC opened a hotline for investors affected by the withdrawal bans. The Asian cryptocurrency exchange Zipmex has sought a meeting with the Securities Exchange Commission (SEC) of Thailand and other relevant authorities to examine the company’s

August 28, 2022 2 mins read
Union Bank of Philippines Announces Cryptocurrency Services

Union Bank of Philippines Announces Cryptocurrency Services

Clients may use the service by downloading the bank’s mobile app. The goal of the trial run is to find any technical issues that may arise. Because of the recent surge in popularity of cryptocurrency, even more, conventional financial institutions like banks are beginning to provide cryptocurrency services in an

August 28, 2022 2 mins read
Animoca Brands Japanese Arm Raises $45M For NFT Initiatives

Animoca Brands Japanese Arm Raises $45M For NFT Initiatives

This comes at a time when Japan is enforcing more rules on the cryptocurrency sector. The current corporation tax rate is set at 30% on all cryptocurrency profits. Animoca Brands, a juggernaut in the crypto gaming and web3 investing space based in Asia, is expanding into Japan with the help

August 26, 2022 1 min read
Ghana Central Bank Introduces Financial Innovation Sandbox

Ghana Central Bank Introduces Financial Innovation Sandbox

The sandbox environment is open to unlicensed financial service businesses. The sandbox has been created in partnership with Emtech Solutions Inc. As part of its aim to continually create a favorable regulatory framework that supports innovation, financial inclusion, and economic security, the Ghanaian central bank has announced the opening of

August 26, 2022 2 mins read
Waves Founder Announces Launch of New Stablecoin Amid USDN Depeg

USDN Stablecoin Loses $1 Parity Yet Again This Year

The price declined to $0.82 in May and again to roughly $0.93 in June. As rumors of market manipulation spread in April, the USDN dropped to $0.78. Another algorithmic stablecoin is showing symptoms of strain as it slips below its United States dollar peg, just as the crypto industry is

August 26, 2022 2 mins read
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