Sun, September 21
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

Illuvium Manages to Sell $72M Worth NFT Land Via Dutch Auction

Illuvium Manages to Sell $72M Worth NFT Land Via Dutch Auction

NFT minting costs a fraction of what Yuga Labs’ Otherside selling charged consumers. Illuvium’s native ILV token holders will get a portion of the $4,018 ETH earned. For its non-fungible token (NFT) Land, Illuvium succeeded in maintaining the average transaction cost at under $20 by conducting a Dutch auction on

June 8, 2022 1 min read
Immutable Announces $500M Fund to Accelerate Adoption of Web3 Initiatives

Solana Launches $100M Investment Fund for Web3 Businesses in South Korea

According to Solana, gaming, and NFTs make up the majority of South Korea’s activity. Recently, NFT trading and DeFi operations have increased on Solana. Web3 enterprises in South Korea will be supported by a $100 million investment and grant pool created by Solana Ventures and the Solana Foundation. By investing

June 8, 2022 1 min read
Animoca Brands Raises $20M Towards the Development of Mocaverse Platform

Animoca Brands Holds Digital Assets Reserves Worth $5 Billion

The company has made over $721 million in token and non-fiat sales in the last 7 months. Recent achievements include Animoca Brands’ collaboration with Yuga Labs. Animoca Brands, the Hong Kong-based digital entertainment and crypto games publisher, revealed its prominent unaudited financial figures in the last seven months. The firm

June 7, 2022 1 min read
Elon Musk Backs Integrating Digital Payments Into Twitter Platform

Elon Musk Threatens to Terminate $44 Billion Deal to Acquire Twitter

Elon Musk feels Twitter has violated the merger agreement by delaying user information. According to Twitter CEO Parag Agrawal, there are less than 5% of fake accounts. Accusing Twitter Inc. of refusing to provide him with details regarding its spam bot accounts, Elon Musk has threatened to terminate his $44

June 6, 2022 1 min read
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
Little Pepe