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

Phlomis Finance Partners with Chromia to Offer Tokenization of Real-World Assets

Phlomis Finance plans to use Chromia‘s relational blockchain infrastructure and its custom-built Chromia Real World Assets Protocol (CRWA) to provide cutting-edge tokenization solutions for real-world assets. The project seeks to capitalize on a rapidly expanding sector and is being fostered by the Swedish blockchain firm ChromaWay. The platform seeks to provide crypto investors with access

October 15, 2024 2 mins read

Will Ethereum Break Free from Its Mixed Market Signals?

US SEC Delays Decision on Options Linked to Spot Ether ETFs

According to a filing made on October 11th, the US Securities and Exchange Commission (SEC) has once again delayed. Deciding on whether or not an exchange list options linked to spot Ethereum ETFs. According to the filing, the SEC has postponed deciding on a rule change proposal. That would allow

October 12, 2024 2 mins read

Worldcoin Announces Collaboration with Dune Analytics for World Chain

On Friday, Worldcoin announced a partnership with Dune Analytics to improve data accessibility and transparency on its Layer-2 blockchain, World Chain. Worldcoin said that the agreement will allow developers and consumers to examine important on-chain metric. Including the amount of human interaction with the chain, the efficiency of DeFi protocols

October 11, 2024 1 min read

Moonveil Secures $2M Investment from Polygon Labs, Announces 50,000 Node Sale

Moonveil, a gaming-focused layer-2 has disclosed a significant investment from Polygon Labs as well as information about their impending node sale. The Moonveil community will have access to 50,000 nodes beginning on October 22. $1 million of the investment will be used to quicken the development of AggLayer-related initiatives in Moonveil’s quickly growing

October 10, 2024 2 mins read

Mythical Games’ Migration to Polkadot Boosts Network with Over 3.6 Million New Accounts

With over 3.6 million accounts established, Mythos is the main force behind the spike in activity on the Polkadot network. The creator of popular games like NFL Rivals, Mythical Games, has migrated as a parachain into the Polkadot ecosystem. By using Polkadot’s EVM module, developers may leverage the WebAssembly-based Substrate framework and

October 10, 2024 2 mins read

Dragonz Lab Raises $9M Led by Syndicate Capital to Boost Dragonz Land Ecosystem

The UK-based Web3 game studio Dragonz Lab recently revealed that it has raised $9 million in funding, with the lead investor being Syndicate Capital Limited Partnership Fund (LPF), a venture fund that specializes in Web3, Blockchain, and AI investments and acts as a community builder to support the growth of

October 9, 2024 3 mins read

Moonveil Announces Launch of Layer-2 Chain Testnet Powered by Polygon CDK

Moonveil, an innovative web3 game studio, has announced the forthcoming launch of their gamer-centric Layer-2 Chain testnet, which is powered by Polygon CDK. The studio’s goal of building an ecosystem that puts gamers first has reached a significant turning point with the much awaited release. Using the zk-powered Polygon CDK and AggLayer,

October 8, 2024 3 mins read

Nimiq Announces Pre-Staking for $NIM Holders Ahead of Proof-of-Stake Migration

Pre-staking for $NIM holders has been announced by Layer-1 payments blockchain Nimiq, which is a significant step toward its much awaited migration to Proof-of-Stake (PoS). This initiative not only prepares the way for the network’s transition to a more energy-efficient, decentralized proof of stake consensus, but it also pays out

October 7, 2024 3 mins read

Polymarket Sees $533M Trading Volume in September as US Election Draws Near

High levels of interest in the 2024 US presidential election and Middle Eastern geopolitical events drove September’s trading volume of $533.51 million on the blockchain-based prediction platform Polymarket. Moreover, this is an increase of $61.51 million over August’s $472 million, as reported by Dune Analytics. Also, the number of active

October 5, 2024 2 mins read

Truflation Partners with Sphinx to Power Perpetuals for RWAs with Real-Time Data

Truflation, the prominent reference point for real-world assets (RWA) indices, has partnered with Sphinx, one of the leading derivatives trading platforms. Through this partnership, consumers will benefit more from the combination of Truflation’s real-time inflation data and Sphinx’s blockchain-based commodities trading platform. This alliance aims to leverage the increasing demand for

October 4, 2024 1 min read