Sat, October 10
Profile picture of Ashfaq

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

DBS Bank Collaborates With The Sandbox For Virtual Offerings

DBS Bank Collaborates With The Sandbox For Virtual Offerings

Together, DBS Bank and The Sandbox will acquire carbon offsets. The DBS has become the first Singaporean company to partner with The Sandbox. The DBS Bank, a Singaporean financial institution, has stated that it would be working with the metaverse platform The Sandbox. The collaboration will help DBS expand its

September 9, 2022 2 mins read
Binance U.S Introduces ETH Staking Ahead of The Merge

Binance U.S Introduces ETH Staking Ahead of The Merge

The annual percentage yield (APY) for staking Ether is 6%. Binance.US allows customers to stake with as little as 0.001 ETH. A number of platforms have begun ETH staking as the Ethereum network transitions from proof-of-work (PoW) consensus to proof-of-stake (PoS). According to a recent release, cryptocurrency exchange Binance has

September 7, 2022 2 mins read
Defi Protocol Curve Finance to Launch ‘Crvusd’ Stablecoin

DeFi Protocol Curve Finance to Launch ‘crvUSD’ Stablecoin

The stablecoins code was released into GitHub by its developers. Over-collateralization ensures the new currency will maintain its $1 peg in the market. With the DeFi protocol Curve Finance, a new dollar-pegged stablecoin may soon be available. On Tuesday, the stablecoins code was released into GitHub by its developers. The

September 7, 2022 2 mins read
Reddit's Collectible Avatar NFTs BrReddit’s Collectible Avatars All Set To Cross 10 Million Holdersing in 3M New Crypto Wallets

Relisted Reddit NFT Avatar’s on OpenSea Witnesses Price Surge

OpenSea, a marketplace for non-fungible tokens (NFTs), has seen increased demand for Reddit’s blockchain-based avatars, outselling the platform’s own shop. In July of 2022, Reddit, the “front page” of the internet, announced collectable avatars, becoming a part of the developing world of NFTs. Since their release in August, the avatars

September 7, 2022 2 mins read
Mining GPU Prices in China Plummets Post ETH Merge

Ethereum Successfully Deploys Long-awaited Bellatrix Upgrade

The transition from PoS to PoW will become fully operational in the next update. The switch might be finalized between September 10 and September 15. On Tuesday, the long-awaited Bellatrix update to Ethereum’s blockchain has been deployed, marking the beginning of the network’s transition from proof-of-work to proof-of-stake. The Bellatrix

September 6, 2022 1 min read
Cardano’s Founding Member Launches New Social Platform

Cardano Community All Geared For Upcoming Vasil Hard Fork

The ADA price has soared by more than 12 percent in the last 7 days. Robinhood listed Cardano (ADA) recently boosting further interest. Since Cardano’s founder, Charles Hoskinson, and the IOHK team announced September 22 as the date for the Vasil hard fork, the ADA price has soared by more

September 4, 2022 1 min read
SEC Announces New Offices To Review Crypto Filings

U.S Authorities Proposes Crypto Inclusive Amendment of Form PF

The new definition gives “digital assets” their own distinct category from cash. Tokens, coins, and virtual currencies are all in this category. Consistent rules are now crucial in the crypto industry. Within a short period of time, the sector changed from being widely ignored to being subjected to intense scrutiny.

September 4, 2022 1 min read
Binance Helps Narrow Down Two Suspects of Kyberswap Exploit

Binance Helps Narrow Down Two Suspects of Kyberswap Exploit

The Intel had been sent to the Kyber team as confirmed by CZ. Kyberswap announced a bounty of 10% to the hacker. Crypto exchange Binance has helped investigate a $265,000 breach on decentralized cryptocurrency exchange KyberSwap by narrowing down two suspects. On September 1st, an attacker used a front-end flaw

September 3, 2022 2 mins read
Senator Elizabeth Warren Criticizes Crypto for Promoting Illicit Finance

Thailand SEC Imposes New Guidelines on Crypto Advertising

The risk warning, according to the Thailand SEC, must be both clear and prominent. The Thailand SEC said that promotion must be conducted via authorized means only. The Thailand SEC has lately reexamined advertising regulations and imposed certain new guidelines, including a mandate for companies to inform consumers of investing

September 3, 2022 2 mins read
NFT Marketplace Sudoswap Launches SUDO Governance Token

NFT Marketplace Sudoswap Launches SUDO Governance Token

The majority (41.99%) of the SUDO drop will be distributed through a lockdrop event. Liquidity providers on Sudoswap will get 1.5% of the original supply retrospectively. A new token has been created for use inside the Sudoswap network. Various participants in the decentralized NFT marketplace will get a portion of

September 2, 2022 2 mins read