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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

Dutch Court Denies Release of Tornado Cash Developer Amidst Legal Battle

Tornado Cash Co-Founder Faces DOJ Opposition in Lawsuit Dismissal Effort

An effort to have Roman Semenov, co-founder of Tornado Cash, dismissed from charges of conspiracy and money laundering has been opposed by the US Department of Justice (DOJ). It said that early-stage motions are not appropriate for bringing forward contested facts for jury consideration, as the defense had done in

April 28, 2024 2 mins read
zkSNACKs Exits U.S Market Amid Ongoing Regulatory Issues

zkSNACKs Exits U.S Market Amid Ongoing Regulatory Issues

The zkSNACKs platform is now inaccessible to users in the US due to regulatory issues. The developer of the privacy-enhancing Bitcoin wallet Wasabi Wallet, zkSNACKs, has begun denying access to its services to those residing in the United States. Some users are unable to access the zkSNACKs website, which prevents

April 28, 2024 2 mins read
Ethereum Co-founder Vitalik Buterin Advocates for Open-Source AI

Solana Co-Founder Takes Swipe at Vitalik Buterin Defending Meme Coins

The co-founder of Solana, Raj Gokal, has lately spoken out strongly against the doubts many have about meme coins. While supporting meme currency initiatives, he also subtly attacked Vitalik Buterin, Ethereum’s co-founder. To further emphasize his point of view, he included a photo of Buterin with the message. Despite the

April 27, 2024 2 mins read
UK Authorities Gain Power to Seize Crypto Holdings Without Arrests

UK Authorities Gain Power to Seize Crypto Holdings Without Arrests

Authorities in the United Kingdom now have more power to “seize, freeze, and destroy” offenders’ crypto holdings, according to the National Crime Agency (NCA) and police. The country’s law enforcement will be able to confiscate cryptocurrency assets without first making an arrest, according to the new regulations. A press statement

April 26, 2024 2 mins read
Vitalik Buterin Advocates for SuperchainERC20 Protocol Update

Vitalik Buterin Clarifies Ethereum’s PoS Transition Amid Community Tensions

As tensions rise within the Ethereum community, Vitalik Buterin, co-founder of Ethereum and a supporter of the network’s transition from the Proof-of-Work (PoW) to the Proof-of-Stake (PoS) consensus mechanism, has provided some justifications for the change. In particular, American entrepreneur Amanda Cassatt’s X post prompted his response. According to Cassatt,

April 26, 2024 1 min read
Tether CEO Reveals Details on Upcoming Launch of Tokenization Platform

Tether CEO Reveals Details on Upcoming Launch of Tokenization Platform

Paolo Ardoino, CEO of Tether (the company behind the USDT stablecoin), recently went on X to provide some exciting information on the platform that would tokenize digital assets. Furthermore, Ardoino hinted at the imminent beta launch of the platform. Writing, “Can’t wait to launch the beta,” Ardoino shared his enthusiasm

April 26, 2024 2 mins read
TON Foundation Announces $600K Airdrop for NFT Traders and Holders

TON Foundation Announces $600K Airdrop for NFT Traders and Holders

The TON Foundation has recently announced an airdrop for active NFT traders and holders worth $600K. An announcement was made by the TON Foundation on X about an airdrop of 105,600 TON. This was made available to active traders on the NFT markets of Getgems, xRare, and Ton NFT Diamonds.

April 25, 2024 1 min read
Bitcoin Payments Platform Strike Expands Offering to European Market

Bitcoin Payments Platform Strike Expands Offering to European Market

As part of its efforts to encourage wider adoption of cryptocurrencies, Bitcoin payments platform Strike has revealed plans to expand its services to clients in Europe. The business announced the expansion to qualified European consumers in a recent announcement. In an effort to bring more people in Europe into the

April 24, 2024 1 min read
Bharat Web3 Association Proposes Measures for Web3 Integration in India

Prominent Web3 Data Infrastructure Provider Syntropy Transforms to Synternet

Syntropy has announced today that it is renaming to Synternet, a move that highlights its progress and reaffirms its commitment to powering the future of Web 3. In addition to a visual makeover, including a new color scheme, logo, and website design, the update will also be more closely aligned

April 24, 2024 2 mins read
0G and OnePiece Labs Launch Crypto x AI Incubator for Entrepreneurs

0G and OnePiece Labs Launch Crypto x AI Incubator for Entrepreneurs

0G Labs and One Piece Labs have announced the launch of the first incubator for entrepreneurs operating at the confluence of blockchain and AI. The goal of the OPL x 0G incubator is to find and assist bright Web3 entrepreneurs who are investigating the ways in which AI may assist crypto

April 23, 2024 3 mins read