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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 Pours in $500 Million Into Elon Musk Led Twitter Purchase

Elon Musk obtained a record $7.14 billion in money to purchase Twitter. Musk had to acquire $21 billion in equity to complete the acquisition. Over the last several weeks, Elon Musk’s Twitter takeover has been extensively discussed. Musk has been in the news for various reasons, including rumors about what

May 5, 2022 1 min read
Mexico's Leading Exchange Bitso Lists Dogecoin (DOGE)

Mexico’s Leading Exchange Bitso Lists Dogecoin (DOGE)

Santiment’s “strong and oversold” list also included Dogecoin. The meme coin’s value has fallen to levels last seen on April 25. In recent days, Dogecoin (DOGE) has been rocked by uncertainty surrounding billionaire Elon Musk’s purchase of Twitter. In the last week, the value of the dog-based meme currency dropped

May 4, 2022 1 min read
4,000 Bitcoin Worth 154,231,351 USD Transferred From Unknown Wallet

4,000 Bitcoin Worth 154,231,351 USD Transferred From Unknown Wallet

At around 04:51:56 UTC on 2 May 2022, the transaction was recorded by Whale Alert. Investors and traders may be concerned about a further decline in the value of BTC. The month of May started for Bitcoin, the world’s most popular cryptocurrency, under a cloud of uncertainty. Markets sought to

May 2, 2022 2 mins read
Yuga Labs NFT Mint Leads to New Ethereum Burning All-time High

Yuga Labs NFT Mint Leads to New Ethereum Burning Rate All-time High

Some users paid 2.6 ETH to 5 ETH merely to complete their transactions. ETH is burnt for each transaction on the network. The auction of tokenized land plots in Yuga Labs’ planned Metaverse project, “Otherside,” has pushed Ethereum’s burning rate to a new all-time high (ATH). ETH Gas Cost Skyrockets

May 2, 2022 1 min read

Prominent Exchange CoinSwitch Kuber Reinstates Rupee Deposit Via Bank Transfer

Deposits could be made through could be made via NEFT, RTGS, and IMPS. Crypto exchanges in India ceased allowing deposits over UPI. CoinSwitch Kuber reinstated rupee deposits using the bank deposit method on its platform approximately two weeks after the option was stopped due to regulatory difficulties. Although no official

May 1, 2022 1 min read

Top 3 Crypto Gainers of April 30 as per CryptoDep

Step App is up 41.44% in the last 24 hours. In order to build up districts, users may make use of the d0xINFRA framework. Let us look at the top 3 crypto gainers of the day as per CryptoDep. ⚡️TOP GAINERS OF THE DAY! 30 April 2022$FITFI $DNT $HERO $RPG

April 30, 2022 2 mins read

Flash Loan Attack Costs Ethereum-based Saddle Finance $10 Million

The metapools have been put on hold by Saddle. DeFi project Beanstalk Farm was recently hacked by unknown hackers. Data from Peck Shield, a blockchain security startup, shows that the Ethereum-based DeFi protocol Saddle Finance lost around $10 million in a flash loan assault on Saturday. The popularity of Decentralized

April 30, 2022 1 min read
BAYC NFT Floor Price Hits 152 ETH Amid Metaverse Launch Anticipation

BAYC NFT Floor Price Hits 152 ETH Amid Metaverse Launch Anticipation

Ten thousand BAYC NFT holders are getting special treatment in the new metaverse. A BAYC NFT sold for as cheap as 0.16 ETH last year. Since Bored Ape Yacht Club (BAYC) released just over 10,000 Non-fungible Token (NFT) versions of its famous ape cartoon a little over one year ago,

April 29, 2022 1 min read