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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 CEO CZ Tweets ‘Goblin Mode’ Post Oxford Results

Binance CEO Shares IMF Study on Crypto Energy Consumption

DLT networks may have a significant impact on the amount of energy used by assets. Energy-efficient contactless payments might be implemented for CBDCs. An IMF research report on how DLT-based payment systems might have a lower energy and environmental impact than current methods was tweeted by Binance CEO Changpeng Zhao

August 9, 2022 2 mins read
Present Scenario of Cryptocurrency and Blockchain in the Region of Africa

Multi-blockchain Platform Geeq Secures $25 Million Investment

Geeq, a multi-blockchain platform, has obtained a $25 million investment from Global Emerging Market, an alternative investment group. Using Geeq’s solutions, blockchain technology may be made more accessible to a wider audience. Unlike standard fundraising rounds, Geeq’s funding is dependent on its performance. According to the company, their platform may

August 8, 2022 1 min read
Vitalik Buterin Dumps 25 Trillion Tokens Received Via Airdrop

Vitalik Buterin Dumps 25 Trillion Tokens Received Via Airdrop

Vitalik receives token airdrops from a number of projects for free exposure. Two years earlier, Ryoshi delivered Vitalik half of the SHIB in circulation. Shit tokens are willing to do everything in order to earn free exposure. Ethereum co-founder Vitalik Buterin got 25 trillion SHIT tokens as part of an

August 7, 2022 2 mins read
Ethereum Price on Recovery Mode as Bulls Start Dominating

Arthur Hayes Predicts Ethereum To Hit $5000 by End of Q1 2023

Ethereum is set to outperform Bitcoin for the rest of 2022 as per Arthur. The Merge is finally expected on September 19th, according to developers. Arthur Hayes, the former CEO of BitMEX, predicts that Ethereum will hit $5,000 by the end of the first quarter of 2023. Based on two

August 7, 2022 2 mins read
Binance Expands its Ecosystem with Exciting Announcements

Binance Prepaid Card Adds Shiba Inu (SHIB) Token For Payments

SHIB payments will now be accepted at more than 60 million shops globally. Binance card has increased the number of cryptocurrencies supported to 14. The cryptocurrency Shiba Inu has been going the payments route in an effort to increase its usefulness. To capitalize on the currency’s popularity among investors, a

August 6, 2022 1 min read
Spain Climbs To Third Spot in Most Crypto ATMs in the World

Crypto ATMs Make a Comeback in Japan After a Brief Pause

Crypto ATMs are returning to Japan after a four-year absence. Initial installations will be made in Tokyo and Osaka. Two of Japan’s most famous crypto advocacy organizations have pushed for lower taxation on individual crypto investors. Requests for tax reform have been made by Japan’s crypto-asset business associations JCBA and

August 4, 2022 1 min read
Blackrock’s Institutional Clients Get Crypto Exposure Through Coinbase

Blackrock’s Institutional Clients Get Crypto Exposure Through Coinbase

Coinbase share value surged 22% on Thursday due to BlackRock’s announcement. To begin with, users will have access to Bitcoin. Cryptocurrency exchange Coinbase has teamed with BlackRock, the world’s biggest asset management, to provide its institutional Aladdin platform customers with access to cryptocurrency through Coinbase Prime. Coinbase’s trading, custody, prime

August 4, 2022 1 min read
Bitget Registers in Africa To Boost Global Development

Galoy Introduces Bitcoin-backed Synthetic Dollar Pegged to USD

Galoy also announced a $4 million capital raising to support the development. Stablesats’ source code may be seen on GitHub and on a dedicated website. The Lightning Network may eventually allow users to send and receive dollars with the press of a button. Wednesday, Galoy, the open-source financial platform that

August 3, 2022 1 min read
Hacker Returns $9 Million Worth of Stolen Funds Off the Nomad Bridge

Hacker Returns $9 Million Worth of Stolen Funds Off the Nomad Bridge

Nomad disclosed that it is using a leading chain analysis service to track funds. More than $1 billion has already been stolen from bridges in 2022 as per reports. Almost $190 million in cryptocurrency was taken off the Nomad Bridge by hackers this morning. The hack once again exposed the

August 3, 2022 2 mins read
Robinhood Fined $30 Million by NYDFS Over Non-compliance

Robinhood Fined $30 Million by NYDFS Over Non-compliance

Robinhood reportedly failed to meet some consumer-protection criteria. The SEC fined a $65 million payment from the business in December 2020. Anti-money laundering and cybersecurity standards were reportedly violated by Robinhood’s crypto trading business, which has been fined $30 million by the New York State Department of Financial Services. “Insufficient

August 2, 2022 1 min read