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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

Space and Time Labs Secures $20M Series A Funding to Boost Blockchain-AI Integration

Space and Time Labs Secures $20M Series A Funding to Boost Blockchain-AI Integration

The firm building the verifiable compute layer, Space and Time (SxT) Labs, announced today that it has raised $20 million in Series A funding to maintain its position as the industry leader at the nexus of blockchain and artificial intelligence. With the Series A equity funding, the firm has raised $50 million

August 28, 2024 3 mins read
Apex Fusion Launches REPDROP to Reward Genuine Ecosystem Contributors

EasyA App Achieves Significant Milestones Onboarding Developers on Polkadot Ecosystem

One of the most widely used Web3 applications worldwide, EasyA, has announced a series of significant milestones as they onboard blockchain developers into the Polkadot ecosystem. Nearly 1,000 developers attended EasyA’s two Polkadot hackathons this summer, and 111 startups were incubated. Now, these teams are looking to attract further investment to grow

August 27, 2024 2 mins read
TON Foundation and Kingsway Capital to Launch $400M Toncoin Treasury Firm

Tonkeeper Launches Dapp Browser, Expanding Access to TON Ecosystem

Leading non-custodial wallet Tonkeeper has announced the release of its dapp browser on Telegram. The browser, which is integrated into the Tonkeeper wallet, offers a gateway to discover the best decentralized apps in the expanding TON ecosystem. Millions of users will find it simpler to access their favorite dapps and find new dapps

August 27, 2024 2 mins read
XRP Bulls Eyeing $1.50 Amid Bearish Hold

XRP Struggles to Break Above $0.63, Finds Short-term Support at $0.60

In a few weeks after beginning beta testing, Ripple minted the first tokens of its forthcoming stablecoin, RLUSD, on Ethereum and the XRP Ledger. With the announcement of their new stablecoin, Ripple made their first foray into the $177 billion stablecoin market earlier this year. The token’s release was long

August 26, 2024 2 mins read
Pro-crypto Presidential Candidate RFK Jr. Endorses Trump After Withdrawal

Pro-crypto Presidential Candidate RFK Jr. Endorses Trump After Withdrawal

In a court filing, Robert F. Kennedy (RFK) Jr., a politician who has been vocal in his support for Bitcoin and who ran for president before, confirmed that he would back Donald Trump. The court filing officially confirmed what many political analysts had suspected all along, and they had been

August 24, 2024 1 min read
WazirX Announces Reopening of INR Withdrawals Post-Hack

WazirX Announces Reopening of INR Withdrawals Post-Hack

An important update on the status of customer withdrawals has been released by WazirX, one of the biggest cryptocurrency exchanges in India. It also detailed what would happen next after the hack disaster was addressed. After hackers stole $230 million worth of ERC-20 tokens in an incident on July 18,

August 23, 2024 2 mins read
Suspicious $56.3 Million CryptoPunk NFT Sale Sparks Doubts

Solana-based NFT Marketplace Magic Eden to Launch ‘ME’ Utility Token

Magic Eden is planning to introduce and use a utility token called “ME” on its Non-Fungible Token (NFT) marketplace. Importantly, the firm said that the ME Foundation is working on the token’s development. The new token is designed to make cross-chain trade easier on the platform that is built on

August 23, 2024 2 mins read
Grayscale Unveils Avalanche Trust, Driving 10% Surge in AVAX Price

Grayscale Unveils Avalanche Trust, Driving 10% Surge in AVAX Price

An investment trust for Avalanche has been launched by Grayscale Investment, a top crypto asset manager. The AVAX price increased by about 10% after the development, showing that investors were positively affected by the news. Conversely, it shows that the asset manager is serious about growing its digital asset investing

August 22, 2024 2 mins read
Truflation Expands Big Mac Index to 18 Additional Countries

Truflation Expands Big Mac Index to 18 Additional Countries

The premier source of real-time financial data, Truflation, has announced that The Big Mac Index has expanded to include 15 more nations, with its total now standing at 17. Since its launch, this internationally renowned economic indicator has been a crucial resource for comprehending currency value and Purchasing Power Parity (PPP).

August 22, 2024 2 mins read
Ethereum (ETH) Supply in Profit Drops to Lowest Since November 2023

Ethereum (ETH) Supply in Profit Drops to Lowest Since November 2023

This week, the 7-day moving average (MA) of the percentage of supply in profit hit 85.66%. This metric gauges the extent to which the circulating supply of Ethereum (ETH) is now valued more than its previous acquired or transferred price. Since November 2023, it has not been this low. This

August 20, 2024 2 mins read
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