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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

XRP Price Continues Bearish Momentum Amid Ripple’s SEC Cross-Appeal

XRP Price Continues Bearish Momentum Amid Ripple’s SEC Cross-Appeal

Ripple is continuing its legal battle with the U.S. Securities and Exchange Commission (SEC) by pursuing a cross-appeal in the long running lawsuit. Ripple submitted a Form C on October 24, 2024, outlining the main points that will be discussed in the appeal. On social media, Ripple’s Chief Legal Officer

October 27, 2024 1 min read
Somnia Unveils Updated Litepaper with Multistream Consensus and Several Enhancement

Somnia Unveils Updated Litepaper with Multistream Consensus and Several Enhancement

Somnia, a high-performance Layer 1 that is compatible with EVM and optimized for entire worlds’ data fully onchain, has released a updated version of its litepaper. The project’s major improvements, such as the new Multistream consensus model, are outlined in depth in the updated document. Somnia, which aims to enable the next generation

October 25, 2024 3 mins read
exSat Network Launches Mainnet with $281M TVL, Unleashing Bitcoin’s Potential

exSat Network Launches Mainnet with $281M TVL, Unleashing Bitcoin’s Potential

exSat Network, a scaling solution that aims to unleash and scale the Bitcoin ecosystem, is excited to announce the official mainnet launch today. The exSat community and the larger blockchain ecosystem are taking a big step forward with this milestone. According to Satoshi, Bitcoin will revolutionize conventional financial institutions by providing

October 23, 2024 2 mins read
Hyve Partners with Lido to Launch X Committee, Offering Scalable DA

Asymmetric Research Joins Stacks Ecosystem to Boost Security for sBTC

The Stacks Foundation announced today that Asymmetric Research, a top security company, has joined the Stacks ecosystem as a security contributor to Bitcoin’s premier L2. By joining the Stacks signer network via our delegation program and serving as an embedded security team throughout their assessment of the future sBTC asset,

October 22, 2024 3 mins read
Binance Launches Halloween Pumpkin Chase Campaign with Rewarding Challenges

Binance Launches Halloween Pumpkin Chase Campaign with Rewarding Challenges

In order to engage the community with entertaining challenges, rewarding experiences, and informative information, Binance, the global blockchain ecosystem that powers the biggest cryptocurrency exchange in the world by trading volume and users, began the Halloween campaign today. Participants in the Binance Halloween Pumpkin Chase are invited to go on

October 22, 2024 2 mins read
Hermetica Completes $1.7M Seed Round to Boost Bitcoin DeFi with USDh

Hermetica Completes $1.7M Seed Round to Boost Bitcoin DeFi with USDh

Hermetica, the company behind USDh, the first yield-bearing synthetic dollar backed by Bitcoin, is excited to announce that its $1.7 million seed funding round has closed successfully. Key Backers In addition to strategic angels like Tycho Onnasch (founder and CEO of Zest Protocol), Robin Obermaier (founder and CEO of Liquidium), Mithil Thakore

October 16, 2024 2 mins read
Truflation and Digital Asset Solutions Launch Tradable Meme Coin Index

Truflation and Digital Asset Solutions Launch Tradable Meme Coin Index

Truflation, the leading provider of real-time financial data, and Digital Asset Solutions, the experts in financial solutions for the digital asset market, have announced the launch of its first Meme Coin Index. In addition to giving investors access to a diverse basket of meme coins, the index tracks the most well-known and significant meme coins

October 15, 2024 3 mins read
Phlomis Finance Partners with Chromia to Offer Tokenization of Real-World Assets

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