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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

Huobi Global Stops Derivatives Trading in New Zealand

Huobi Global Stops Derivatives Trading in New Zealand

Inaccessibility to these features would take effect on August 23 for these users. Huobi left Thai territory not too long ago after a dispute with authorities. Governments everywhere are scrambling to find ways to accommodate the cryptocurrency industry as interest in it grows. All throughout the globe, exchanges have been

August 16, 2022 2 mins read
Zipmex Seeks Meeting Thailand SEC Over Recovery Plan

Singapore High Court Grants Zipmex 3 Months of Protection

Due to cash flow problems, the company temporarily halted withdrawals. High Court’s Justice Aedit Abdullah has put a hold on any further legal action. Several cryptocurrency ventures failed because of the weak market and the demise of Terra. Even while some investors had begun leaving the sector when Bitcoin’s price

August 15, 2022 1 min read
Cyprus SEC Grants Revolut Permission To Offer Crypto Services

Cyprus SEC Grants Revolut Permission To Offer Crypto Services

The European digital bank has increased its backing for cryptocurrencies in recent days. Revolut is the pioneer recipient of the commission’s crypto asset authorization. The Cyprus Securities and Exchange Commission (CYSEC) has given Revolut permission to provide cryptocurrency services to European consumers. This makes Revolut the pioneer recipient of the

August 15, 2022 1 min read
Present Scenario of Cryptocurrency and Blockchain in the Region of Africa

Present Scenario of Cryptocurrency and Blockchain in the Region of Africa

When it comes to digital currency, Africa is still the biggest region to conquer. Even if there is a great deal of uncertainty around cryptocurrency and its technology, the area still has a financial imbalance. Though the task is far from done, Jelurida Africa has laid the groundwork for a

August 14, 2022 3 mins read
https://t.me/thenewscrypto/6378

MakerDAO Founder Proposes USDC Fund Transfer to ETH

Circle’s USDC stablecoin is used to collateralize the vast majority of MakerDAO’s DAI. The DeFi protocol has a total locked value of approximately $11 billion. Many prominent leaders in the cryptocurrency sector are reevaluating their dependence on U.S.-based centralized services and products in the wake of the Treasury Department’s shocking

August 12, 2022 2 mins read
U.S Supreme Court Rejects Coinbase’s Appeal Over Arbitration

U.S Supreme Court Rejects Coinbase’s Appeal Over Arbitration

The cryptocurrency exchange requested a stay of proceedings until dispute is resolved. The defendant has requested the court to not reject the intervention plea. Coinbase, the biggest cryptocurrency exchange in the United States, has come under SEC inspection for purportedly offering securities on its website. The exchange now faces even

August 11, 2022 1 min read
Billionaire Mark Cuban Sued by Voyager Digital Investors

Billionaire Mark Cuban Sued by Voyager Digital Investors

The duo has been accused of continuously exaggerating the capabilities of their service. Voyager Digital filed for chapter 11 bankruptcy in early July. Mark Cuban, the owner of the NBA’s Dallas Mavericks, is being sued by both Voyager Digital investors and Mavericks supporters. Moskowitz Law Firm has initiated the class

August 11, 2022 1 min read
Bitget Registers in Africa To Boost Global Development

Support For 100+ ERC-20 Tokens Added by Bitcoin.com Wallet 

Users of the Bitcoin.com Wallet, a non-custodial wallet program built by Bitcoin.com, may now keep, manage, and trade a huge number of ERC-20 tokens from a single app. Because the Bitcoin.com Wallet is completely non-custodial, the risk associated with third-party custodians is eliminated. Most people will use it to make

August 10, 2022 1 min read
China Cracks Down on Crypto-Related Activities on Internet

China Cracks Down on Crypto-Related Activities on Internet

Cyberspace Administration has taken down more than 12,000 social media profiles. As a result of the interactions with 500 or more websites, 105 of them were shut down. When other countries looked to be jumping on the crypto bandwagon, China made a decision to completely outlaw it. The nation ruthlessly

August 9, 2022 2 mins read
Nas Academy Collaborates With Invisible College to Offer Token-gated Courses

Nas Academy Collaborates With Invisible College to Offer Token-gated Courses

It is possible for members of a membership NFT to get rewards such as products or discounts for their loyalty. Nuseir Yassin, a YouTuber, and founder of the educational technology platform Nas Academy wants to give back to the NFT community by offering free online courses. NFT project Decentraliens holders

August 9, 2022 3 mins read