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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

CoinLoan Drops Per Day Withdrawal Limit Citing Spike in Withdrawals

Michael Saylor Led MicroStrategy Buys 480 Bitcoin (BTC) Amid Low Price

The price of Bitcoin temporarily fell below $20,000 on Wednesday. a net unrealized loss of roughly $1.4 billion is lying in the company’s BTC hoard. Reiterating CEO Michael Saylor’s belief in Bitcoin (BTC), MicroStrategy has increased its BTC holdings, despite recent volatility. MicroStrategy stated that it had purchased an additional

June 29, 2022 2 mins read
Wintermute Named Official Market Maker For Tron Ecosystem

TRON Breaks 100M Users Record On Its 4th Anniversary, Hiring Amid Crypto Winter

TRON user accounts have reached 100,048,526, officially breaking the 100 million ceiling, according to data from the blockchain browser TRONSCAN, as of June 25. On the same day, TRON Mainnet celebrated its 4-year anniversary since network independence.  Launched in May 2018, the mainnet of TRON is one of the three

June 29, 2022 3 mins read
Crypto Market Data Firm 'Kaiko' Raises $53 Million in Funding

Crypto Market Data Firm ‘Kaiko’ Raises $53 Million in Funding

It has tripled in value since its $23 million Series A round in June of this year. In February 2022, the organization received SOC-2 Type 1 certification. Today, Kaiko, a Digital assets data provider, announced a $53 million Series B round of fundraising. Eight Roads, an early Alibaba supporter, led

June 29, 2022 2 mins read
Holograph Teams Up With LayerZero To Enable Holographic Omnichain NFTs

Holograph Teams Up With LayerZero To Enable Holographic Omnichain NFTs

To deploy its proprietary “holographic” bridging solution, which smoothly beams tokens over blockchains with complete data integrity, including permanent smart contract addresses and token IDs, Holograph, the omnichain interoperability protocol for minting and bridging non-fungible tokens (NFTs), is teaming with LayerZero. Old-fashioned bridging techniques for NFTs produce “multichain NFTs.” When

June 28, 2022 2 mins read
Fetch.ai Releases DabbaFlow, an End-to-End Data Sharing Platform

Fetch.ai Releases DabbaFlow, an End-to-End Data Sharing Platform

Fetch.ai, the team behind the modern, energy-efficient blockchain network combining machine learning and crypto to release a new generation of customization, highly efficient, and secure dApps, has released DabbaFlow, an end-to-end encrypted data sharing platform accessible to businesses and individuals. As per a recent press release, DabbaFlow is the first

June 28, 2022 2 mins read
Bitcoin Miner Canaan Reports 82.1% Revenue Decline in Q4 2022

Bitcoin (BTC) Price Decline Hits Miners Hard, Forcing To Liquidate Holdings

Almost $4 billion in mining-rig-backed loans are in jeopardy.  Bitcoin miners who need to sell would continue to exert downward pressure. Miners have been hit hard by the 21% decline in the price of bitcoin (BTC) since it peaked two weeks ago. According to a Bloomberg report, some mining-machine-backed debts

June 27, 2022 1 min read
FDIC Insured Claim by Voyager Digital Under Scrutiny Amid Crisis

Three Arrows Capital (3AC) Served With Default Notice by Voyager Digital

Voyager said that it had asked for a partial $25 million USDC repayment by June 24. Alameda has already given Voyager a line of credit to keep solvent. After pledging to prosecute cryptocurrency hedge fund Three Arrows Capital (3AC) for unpaid debt, Voyager Digital has followed through. To put it

June 27, 2022 2 mins read
Multi-chain Lending Protocol Hundred Finance Exploited of $7.4M

Harmony Protocol Announces $1M Bounty for Hacker to Return Stolen Assets

An investigation with the help of national law enforcement agencies has been initiated. There has been no evidence of a smart contact vulnerability being exploited in this assault. The hacker that returns $100 million in stolen assets will get a $1 million reward from Harmony Protocol. Over $100 million in

June 26, 2022 2 mins read
Crypto Exchange Coinbase’ Stock Price Falls to All-time Low

Coinbase Announces Nano Bitcoin Futures Trading Services For Investors

In October, the SEC approved a Bitcoin futures ETF. It is now possible to buy and sell 1/100th of a Bitcoin at a time. Coinbase, the biggest U.S. exchange by volume, will provide crypto futures to retail investors on its new Derivatives Exchange platform beginning Monday. $3 Trillion Crypto Derivatives

June 26, 2022 2 mins read
Shiba Eternity P2E Game To Be Presented at Gamescom Expo

Unification Announces Shibarium Public Beta TestNet Would Launch in Q3

The Shibarium private TestNet has been running for a few weeks already. Ethereum and Shibarium will be able to send and receive assets using the ‘wallet.’ A public beta test network will go live in the third quarter, according to Unification, the firm developing Shiba Inu Shibarium layer-2. The public

June 25, 2022 2 mins read