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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

OpenLedger Secures $8 Million Seed Round Led by Polychain Capital and Borderless Capital

OpenLedger Secures $8 Million Seed Round Led by Polychain Capital and Borderless Capital

OpenLedger, the sovereign data blockchain for AI, has secured $8 million in a seed round headed by Polychain Capital and borderless Capital. OpenLedger is the AI-specific sovereign data blockchain. OpenLedger gives developers the ability to use verified data to design smarter, more performant models by offering permissionless infrastructure for the

July 2, 2024 2 mins read
Cardano Breaches $1 as On-Chain Metrics Signal Strong Holder Confidence

Cardano Price Faces Correction After Brief Surge Amidst Volatile Market

Significant swings have recently occurred in the crypto market, with major cryptocurrencies performing terribly for quite a while now. Among the tokens impacted by these developments was Cardano (ADA). In recent months, Cardano’s market value has dropped significantly. Because of this drop in price, more than 66% of ADA investors

June 30, 2024 1 min read
HKMA and Banque de France Collaborate on CBDC and Tokenization

HKMA and Banque de France Collaborate on CBDC and Tokenization

A MoU on bilateral cooperation on wholesale CBDC and tokenization was signed by the Hong Kong Monetary Authority (HKMA) and the Banque de France (BDF). Along with the many bigger initiatives in which the duo are involved, this effort is still ongoing. According to a statement from the HKMA, they

June 29, 2024 2 mins read
Blocksquare Unveils Real Estate RWA Launchpad with Community-Driven Marketplace Pools

Blocksquare Unveils Real Estate RWA Launchpad with Community-Driven Marketplace Pools

Blocksquare, the RWA tokenization protocol, today announced the introduction of Oceanpoint v0.5, which features Marketplace Pools for community-driven, decentralized real estate investment and tokenization. The launchpad update gives community members and marketplace operators a more efficient way to raise funding for tokenized real estate investments. One of the launch’s main features, Marketplace

June 28, 2024 1 min read
Fhenix Announces Encryption Day Event in Brussels as an EthCC side event on July 9

Fhenix Announces Encryption Day Event in Brussels as an EthCC side event on July 9

Fully Homomorphic Encryption (FHE) Layer 2 blockchain Fhenix, has announced Encryption Day as an EthCC side event in Brussels. The one-day developer event, which will be held in the Belgian capital on July 9, will go over useful applications for ZK, FHE, and MPC inside the Ethereum ecosystem. Ethereum developers who

June 27, 2024 2 mins read
Synternet Launches Mainnet on Cosmos, Ushering New Era for Decentralized Data Economy

Synternet Launches Mainnet on Cosmos, Ushering New Era for Decentralized Data Economy

Synternet, the blockchain that powers modular data infrastructure across all major chains including Ethereum and Cosmos, has announced the launch of its mainnet on Cosmos. The achievement, which completes the Monaco phase, heralds in a new era for the decentralized data economy and allows $SYNT, the token of Synternet, to reach its

June 27, 2024 2 mins read
Worldcoin Partners with Alchemy to Accelerate World Chain Initiative

Worldcoin Partners with Alchemy to Accelerate World Chain Initiative

In order to fuel its grandiose World Chain initiative, Worldcoin partnered with blockchain infrastructure behemoth Alchemy. By partnering with Alchemy, Worldcoin has access to their robust development tools and rollup hosting services. Moreover, the partnership between World Chain and Alchemy is anticipated to hasten the development of the project, which

June 26, 2024 2 mins read
Sonic Surpasses 17M Transactions and 100k Wallets in a Week Post Testnet Launch

Sonic Surpasses 17M Transactions and 100k Wallets in a Week Post Testnet Launch

Within a week of launching its Sonic Testnet Odyssey, Sonic, the first gaming L2 infrastructure to launch on Solana, reported processing over 17 million transactions and amassing over 100,000 unique wallets. As the first atomic SVM Layer-2 designed exclusively for gaming on the Solana blockchain, the astounding milestone highlights the protocol’s enormous

June 26, 2024 2 mins read
Investors Anticipate Steady Interest Rates Amid Mixed PCE Inflation Data

Fed Governor Bowman Says No Interest Rate Cuts Likely in 2024

It is too soon to think about lowering interest rates in 2024, according to Federal Reserve Governor Michelle W. Bowman. The timing of this disclosure is very sensitive, impacting both the regular and crypto markets. The situation has further worsened since important economic data is expected to be released later

June 25, 2024 1 min read
Cardano Breaches $1 as On-Chain Metrics Signal Strong Holder Confidence

Cardano Price Trading in Red, Faces Key Support at $0.37 Level

Earlier, Cardano co-founder Charles Hoskinson dropped a clue about the much-anticipated Chang Hard Fork update two weeks ago, saying that it would likely launch in June. The co-founder went on to say that the Chang Hard Fork is imminent, and that Cardano Node would shortly reach version 9.0. It is

June 24, 2024 2 mins read