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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

Ctrl Wallet Revolutionizes Self-Custody with Launch of Browser Extension Wallet

Ctrl Wallet Revolutionizes Self-Custody with Launch of Browser Extension Wallet

Users can now manage their assets across more than 2,100 blockchains, including Bitcoin, Solana, Ethereum, Cosmos, and THORChain, thanks to a new browser extension released by Ctrl, the self-custody wallet solution that was formerly known as XDEFI. By combining all assets into a single, user-friendly platform, the extension streamlines self-custody. It

December 2, 2024 2 mins read
New Report Highlights Stablecoins Could Capture 10% of US Dollar Supply

New Report Highlights Stablecoins Could Capture 10% of US Dollar Supply

Stablecoins, which have a present market valuation of less than $200 billion, are a negligible part of the world’s monetary transactions, accounting for less than one percent of the US currency supply and FX operations. Nevertheless, according to a report that was co-authored by Standard Chartered and Zodia Markets, there

December 1, 2024 2 mins read
US SEC Sues Touzi Capital Over Allegedly Defrauding Investors

US SEC Sues Touzi Capital Over Allegedly Defrauding Investors

US authorities have sued investment firm Touzi Capital, claiming the company misled investors over the fund’s profitability and liquidity of its cryptocurrency asset mining fund. The US Securities and Exchange Commission (SEC) released a statement on November 29 alleging that Touzi Capital raised about $95 million from more than 1,200

December 1, 2024 2 mins read
Bybit Celebrates 6th Anniversary with Super6Bybit and $1.2M in Rewards

Bybit Celebrates 6th Anniversary with Super6Bybit and $1.2M in Rewards

Bybit, the second-biggest cryptocurrency exchange in the world based on trading volume, is commemorating six revolutionary years with #Super6Bybit, its most thrilling event till yet. With the ongoing success of its ground-breaking bbSOL token and an interactive campaign giving users the opportunity to win a piece of a huge $1,200,000 prize pool, this

November 29, 2024 2 mins read
Ethereum L2s TVL Hits Record $51.5 Billion Amid Overall Market Surge

Ethereum L2s TVL Hits Record $51.5 Billion Amid Overall Market Surge

Investor interest in assets on the Ethereum network is driving the ecosystem’s value rise. The cumulative total value locked (TVL) in Ethereum layer-2 (L2) networks has surpassed $51.5 billion, setting a new record. According to L2beat statistics, total TVL has increased by more than 205% from $16.6 billion in November

November 28, 2024 1 min read
AgentFun.AI Debuts on Cronos zkEVM, Pioneering Tokenized AI Agent Trading

AgentFun.AI Debuts on Cronos zkEVM, Pioneering Tokenized AI Agent Trading

AgentFun.AI, a platform for building and trading AI agents, has announced its launch on Cronos zkEVM. AgentFun.AI, the first dapp in the Cronos ecosystem devoted to AI agents, is scheduled to launch on November 27. AgentFun.AI functions as a platform that allows users to develop, raise, and trade tokenized AI agents. As they

November 27, 2024 3 mins read
Cantor Fitzgerald and Tether Reportedly Plan $2B Bitcoin-Backed Lending Program

Cantor Fitzgerald and Tether Reportedly Plan $2B Bitcoin-Backed Lending Program

Cantor Fitzgerald, a bond and financial services trading business in the United States, is allegedly in talks with Tether about launching a multibillion-dollar lending program backed by Bitcoin. Customers would be able to borrow money using Bitcoin as collateral under the proposed program. According to a Bloomberg article on Saturday,

November 25, 2024 2 mins read
New York Red Bulls and Sports Illustrated Tickets Forge Historic Partnership with Avalanche Integration

Nexo Launches Industry-First Personal USD Accounts for Global Customers

Nexo, a leading digital assets wealth platform, has announced the introduction of the industry’s first Personal USD Accounts. These accounts will provide customers in over 150 countries with a streamlined and familiar method to access USD bank transfers directly to and from their accounts, all in their own name. Nexo currently

November 25, 2024 3 mins read
Tornado Cash Developer Alexey Pertsev's Pre-Trial Detention Extended

Tornado Cash Developer Alexey Pertsev’s Pre-Trial Detention Extended

Developers of privacy-preserving technology are understandably concerned by the decision to keep Alexey Pertsev in pre-trial detention. While he awaits trial, Pertsev, developer of the Tornado Cash protocol for mixing cryptocurrencies, will stay in custody. Pertsev voiced his displeasure with the court’s decision to prolong his detention in a post

November 23, 2024 2 mins read