Fri, October 9
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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

Bhutan Unveils Gold-Backed SOVEREIGN TOKEN TER

Lumia Completes Strategic Funding Round Coinciding With 25,000 Node Sales Milestone

Lumia is excited to share the details of their strategic funding round, which they have successfully completed coinciding with the sale of more than 25,000 nodes. Lumia is making great strides towards its goal of disrupting the blockchain industry for RWAs and DeFi with this development. Laser Digital, Nomura’s digital asset arm,

August 15, 2024 2 mins read
Avatar.One's 3D AI Companions Empower 120K+ Users to Combat Loneliness

Avatar.One’s 3D AI Companions Empower 120K+ Users to Combat Loneliness

Decentralized protocol Matrix.One accelerating the development of human-like AI characters is proud to announce that their flagship product, Avatar.One, has over 120,000 active users every month since its launch earlier this year. Many of these users spend more than three hours chatting with their personalized AI companions. Avatar.One, which is based on

August 14, 2024 3 mins read
Bhutan Unveils Gold-Backed SOVEREIGN TOKEN TER

Unioverse Launches Hoverdrome Pre-Alpha with $300K Tournament and New NFT Hero

Unioverse, the pioneering sci-fi franchise and game creation platform, has announced a number of significant advances, including the pre-alpha release of its second game, Hoverdrome. In addition, Unioverse has organized a tournament with a prize pool of $300,000 $UNIO, $15,000 USDC, and other prizes to coincide with the release. Additionally scheduled for release is

August 13, 2024 3 mins read
Backed Collaborates with eNor Securities to Boost RWAs on Emerging Markets

Backed Collaborates with eNor Securities to Boost RWAs on Emerging Markets

A pioneer in asset tokenization, Backed today announced a ground-breaking collaboration with Latin America’s eNor Securities, a regulated investment exchange and marketplace for tokenized assets. With this partnership, a significant milestone will be reached as retail investors in the rapidly expanding LATAM market will have access to Backed’s tokenized securities, also

August 13, 2024 2 mins read
Robinhood Appoints AI Expert Jeff Pinner as New CTO

Robinhood Appoints AI Expert Jeff Pinner as New CTO

Investors are taking notice of Robinhood after the company named AI expert Jeff Pinner as its new CTO. The news comes as the HOOD stock has been through some rough trading as of late, falling almost 20% in the last month. The statement caused the stock price to rise more

August 13, 2024 2 mins read
Bybit Leads the Way with Successful Catizen ($CATI) Listing and Airdrop Distribution

Bybit and DMCC Extend Collaboration to Strengthen Dubai’s Crypto Ecosystem

The second-biggest cryptocurrency exchange in the world by trading volume, Bybit, announced that it and Dubai Multi Commodities Centre (DMCC) have extended their strategic collaboration. Following a year of fruitful cooperation, Bybit is excited to announce that it has transitioned from a major ecosystem partner to an advisory role, therefore

August 12, 2024 2 mins read
XRP Bulls Eyeing $1.50 Amid Bearish Hold

XRP Faces Substantial Decline Post Failing to Clear Above $0.64 Mark

David Schwartz, chief technology officer of Ripple, has tweeted more details on XRP Ledger’s (XRPL) clawback feature. The significance and utility of this feature have been clouded by Schwartz’s recent insights, which have contributed to the ongoing debate within the XRP community. Schwartz claims that fixing errors in the ledger

August 11, 2024 2 mins read
Analyzing the Yen-Driven Selloff That Sparked Recent Crypto Crash

Analyzing the Yen-Driven Selloff That Sparked Recent Crypto Crash

Aug. 5 was one of the worst days for cryptocurrency in recent memory. Traders’ dependence on leverage has been subtly increasing market-wide dangers for months, and few anticipated this. Leveraged trading may have been the spark, but the sudden surge of the Japanese yen was the fuel. Hopefully, the effect

August 11, 2024 2 mins read
Gemini Urges CFTC to Abandon Event Contracts on Prediction Markets Ban Proposal

Gemini Urges CFTC to Abandon Event Contracts on Prediction Markets Ban Proposal

Gemini, a cryptocurrency exchange, has asked US authorities to shelve a proposal that would outlaw event contracts on decentralized prediction markets if it were to pass. In a letter sent to Christopher Kirkpatrick, secretary of the US Commodity Futures Trading Commission (CFTC), on August 8, Gemini emphasized the negative effects

August 11, 2024 2 mins read
Celsius Network Files Lawsuit Against Tether Over $2B Worth Bitcoin Claims

Celsius Network Files Lawsuit Against Tether Over $2B Worth Bitcoin Claims

In response to Celsius Network’s Bitcoin (BTC) fraud accusation, stablecoin issuer Tether has declined to assume responsibility. The chief executive officer of the company, Paolo Ardoino, provided a clear account of what happened between them. Celsius Network has sued the USDT issuer and its related organizations, claiming that they were

August 10, 2024 2 mins read