Tue, November 26
Profile picture of Ashfaq

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

NFT Volume Witnessed Nearly 50% Decline YoY in 2023

Modex Unveils Second NFT Drop After 3-Hour Collection Sellout Debut with FIFA+ Collect

In collaboration with FIFA+ Collect Club, the forerunners in the nascent field of digital art and football fandom, Modex is pleased to unveil a new collection and disclose a ground-breaking accomplishment: its exclusive NFT drop sold out in an incredible three hours. The limited edition NFT Membership Cards from FIFA+ Collect

December 19, 2023 2 mins read
Bitcoin Mining Achieves 54.5% ATH Sustainable Energy Usage

Cipher Mining Acquires Over 37K Antminer T21 Miners Worth $99.5M

Cipher Mining (CIFR), a publicly listed Bitcoin mining company, is expanding its operations with a new massive acquisition of cryptocurrency mining hardware. On December 18th, Cipher announced a new arrangement in which the company will purchase 37,396 Antminer T21 miners from Bitmain, a crypto mining behemoth based in China. Furthermore,

December 18, 2023 1 min read
Orbs Integrates Advanced dLIMIT and DCA Protocols into Sushi DEX

Chiliz Highlights Stellar 2023 Year for SportFi and Fan Tokens

Chiliz has shared the key moments of a record-breaking 2023 that saw new benchmarks for fan interaction and industry growth reached. While many blockchain sectors have found H1 to be difficult, SportFi, which operates at the nexus of web3 and real-world sports, has thrived. Chiliz celebrated its fifth anniversary and

December 18, 2023 2 mins read
Ripple Registers as VASP in Ireland, Expands European Foothold

Palau’s PSC Initiative Enters Phase 2 Extending Ripple Collaboration

The Palau Stablecoin (PSC) initiative entered its second phase with the official introduction by the Ministry of Finance of Palau. In a post on Twitter, Palauan cybersecurity expert and advisor Jay Hunter Anson verified the program’s second phase debut on December 15th. According to Anson, the PSC team will be

December 17, 2023 1 min read
Bitcoin Average Transaction Fees Nears $40, Highest Since April 2021

Bitcoin Average Transaction Fees Nears $40, Highest Since April 2021

As of December 17th, the average transaction cost for transfering Bitcoin was approximately $37, according to data from the statistics portal BitInfoCharts. All users of the network are now paying more for their transactions due to the most recent wave of Bitcoin Ordinals inscriptions. Moreover, some think these costs will

December 17, 2023 1 min read
Crypto Firms Boost U.S Political Donations Amid Regulatory Scrutiny

VanEck CEO Bullish on Bitcoin, Predicts Record Highs in 2024

CEO Jan van Eck of the prominent asset management company VanEck recently expressed optimism about Bitcoin’s future on “The Exchange” on CNBC. Van Eck, who has extensive knowledge of the cryptocurrency business, believes that Bitcoin will reach new records in the next year. Optimistic View Van Eck has extensive experience

December 17, 2023 2 mins read
HKMA and Banque de France Collaborate on CBDC and Tokenization

Kazakhstan’s Digital Tenge Trial Success Spurs Upgrades in 2024

Following a month-long trial experiment, the digital tenge, the CBDC of Kazakhstan, has been deemed a success. In 2024, it is scheduled to get a slew of upgrades in the areas of business, regulations, and technology. Almaty pupils were given free meals during the experimental run of the digital tenge

December 16, 2023 2 mins read
BlackRock's Bitcoin ETF Surpasses MicroStrategy's Holdings

Valkyrie Investments Files Fourth Amendment for Spot Bitcoin ETF

Valkyrie Investments has recently filed its fourth amendment with the United States SEC in order to create a spot Bitcoin ETF in the U.S market. In spite of setbacks in the past, this action shows that Valkyrie is still dedicated to navigating regulatory obstacles. The firm’s unwavering stance in this

December 14, 2023 1 min read
Core Introduces Seed Abstraction for Simplified Cross-Chain Security in Web3

Core Introduces Seed Abstraction for Simplified Cross-Chain Security in Web3

Without seed phrases, Core is now accessible to anyone. It is now easier to produce and maintain keys using straightforward Web2 methods, such as Apple and Gmail logins, without sacrificing security or custody. Designed for the Avalanche ecosystem and beyond, this wallet creation experience is unique. The seed abstraction in

December 14, 2023 2 mins read
Orbs Integrates Advanced dLIMIT and DCA Protocols into Sushi DEX

Taki Games Partners with Rally Protocol, Boosting Web3 Gaming Development

Taki Games, a mobile game developer and the creator of Deep Dive, has teamed up with Rally Protocol to use RallyMobile and RallyTransact, two potent mobile SDKs, to help reshape the web3 mobile gaming scene. RallyMobile prioritizes security and privacy, providing developers with the means to remove the main drawbacks

December 13, 2023 2 mins read