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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

Binance Lab Announces Investment in PancakeSwap, CAKE Price Surges 9%

Binance Lab Announces Investment in PancakeSwap, CAKE Price Surges 9%

PancakeSwap uses an automated market maker (AMM) approach. Despite today’s uptick, the token remains on a long-term downward trend. An investment in PancakeSwap’s $CAKE token, a utility and governance token, has been made by Binance Labs. PancakeSwap is a BNB Chain-based decentralized exchange. It is part of Binance Labs’ objective

June 6, 2022 2 mins read
crypto

Central African Republic (CAR) Plans to Tokenize Countries Natural Resources

The World Bank has granted $35 million in development financing. Some have questioned whether using Bitcoin as legal cash would be beneficial. As part of its ambitious Sango Project, the Central African Republic (CAR) wants to tokenize access to the country’s enormous natural resources. An official statement from President Faustin-Archange

June 5, 2022 1 min read
ATM

New Bitcoin ATM Installation Across the Globe Dips Amid Global Tensions

817 Bitcoin ATMs were erected throughout the globe in the first five days of June. 1,419 ATMs make up 3.8 percent of the ATMs in Europe. Throughout the year 2022 so far, the number of Bitcoin (BTC) ATMs installed worldwide has fallen steeply, with only 202 new ATMs installed in

June 5, 2022 1 min read
Getting Into NFT Craze: Top 10 NFT Marketplaces by Volume

Johnny Depp NFT Sales Spike Post Defamation Verdict Outcome

Depp presented his NFT collection ‘Never Fear Truth’ in late January 2022. NFT collection witnessed a trading volume of $352,000 after the judgement. The price of Johnny Depp’s NFT collection surged dramatically. Depp won on all three of his charges when the jury found that Heard not only uttered false

June 4, 2022 2 mins read
Top 3 Gainers of the Day: ISTEP, VAI and NFTB

Top 3 Gainers of the Day: ISTEP, VAI and NFTB

iStep is up 177.04% in the last 24 hours. NFTb is a forward-thinking marketplace for non-fungible tokens (NFTs). Let us look at the top 3 gainers of the day as per CryptoDep. iStep (ISTEP) iStep is a lifestyle app on the BSC ecosystem that combines parts of both GameFi and

June 4, 2022 1 min read

Top 3 Gainers in Solana Ecosystem in Last 24H: STEPN, GST and ICHI

STEPN aims to revolutionize the market of fitness applications by incentivizing millions. ICHI has been up 2.06% in the last 24 hours. Let us look at the top 3 gainers in the Solana ecosystem in the last 24 hours. STEPN (GMT) STEPN is a self-styled “Web3 lifestyle app” with GameFi

June 3, 2022 2 mins read
Top 3 Projects With Market Capitalization of $20M - $50M: ORN, IDEX and STARL

Top 3 Projects With Market Capitalization of $20M – $50M: ORN, IDEX and STARL

IDEX’s novel approach to decentralized exchanges utilizes on-chain settlement. Orion Protocol has been down 3.57% in the last 24 hours. Let us look at the top 3 projects with a market cap of $20M to $50M as per CryptoDep. Orion Protocol (ORN) Orion’s goal is to alleviate trading challenges caused

June 3, 2022 2 mins read
Optimism Introduces Balancer Protocol Along With Beethoven X For Enhancing of L2 Network

Optimism’s Balancer Protocol Along With Beethoven X to Enhance L2 Network

Optimism, a leading Ethereum Layer 2 scaling solution, has introduced Balancer Protocol to cut gas costs and dramatically increase the liquidity of DeFi. Due to Ethereum’s difficulties, users of decentralized finance now face exorbitant costs, making it difficult to get started. Optimism launch of Balancer’s technology provides DeFi liquidity provision

June 2, 2022 2 mins read

Groupe Renault Collaborates With VeChain to Develop Blockchain-based Digital Record

An individual digital identity for each vehicle will be recorded. Every automobile owner will be given a private key. Approximately one billion Euros worth of clock automobile sales were reported by the Times. The act of “clocking” a vehicle is also known as “busting miles” or “odometer fraud” in the

June 1, 2022 1 min read
Top 3 Trending Searches on CoinGecko: OP, LUNC and ZIG

Top 3 Trending Searches on CoinGecko: OP, LUNC and ZIG

Optimism is an Ethereum Layer-2 rollup that enables quicker transaction speeds. Terra Classic is down 8.66% in the last 24 hours. Let us look at the top 3 trending searches on CoinGecko as per CryptoDep. Optimism (OP) Optimism had announced the airdrop in April, along with intentions to build a

June 1, 2022 2 mins read