Tue, November 26
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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

Orderly Network Expands Cloud Liquidity to Avalanche, Boosting Cross-Chain Trading Efficiency

Republic Chooses Avalanche for Launching Native Profit-Sharing Digital Asset

Republic has selected Avalanche as the blockchain to introduce its profit-sharing digital asset, the Republic Note, marking a significant step forward in its goal to democratize private market investment. Due to its scalability, speed, and customization capabilities, Republic chose Avalanche, and for the next year, it intends to extend its presence to

November 17, 2023 2 mins read
JPMorgan Commends Binance's $4.3 Billion Settlement

Binance Japan Announces Addition of 13 New Tokens to Platform

Binance Japan recently revealed the inclusion of 13 new tokens to its platform for Japanese users. The token count at the exchange will rise to 47 after this modification, which is scheduled for November 27. Many well-known protocols, such as Near Protocol (NEAR), Optimism (OP), and Arbitrum (ARB), have been

November 15, 2023 2 mins read
Kazakhstan Successfully Pilots Digital Tenge for Retail Transactions

Kazakhstan Successfully Pilots Digital Tenge for Retail Transactions

Binur Zhalenov, head of the National Payment Corporation (NPC), has brought the “digital tenge” into the retail sector of Kazakhstan, marking a major step forward for the nation’s finance landscape. Zhalenov made the first purchase using a debit card connected to a CBDC account while speaking at the XI Congress

November 15, 2023 2 mins read
cheqd Introduces Creds Creator Studio Offering Verifiable Credentials

cheqd Introduces Creds Creator Studio Offering Verifiable Credentials

The Creds Creator Studio will be available at the 2023 Web Summit in Lisbon, according to cheqd, an enterprise that gives people and organizations ownership and mobility over their data. Creds Creator Studio, which will debut with six launch partners, helps businesses to produce Verifiable Credentials that boost marketing efforts and foster

November 14, 2023 5 mins read
Tether Mints $1B USDT on Tron, Hits $33B in Yearly Issuance

Tether Adds Another Billion USDT as Aggressive Minting Continues

USDT stablecoin issuer Tether has been steadily minting new USDT tokens, producing 4 billion USDT during the previous month. Whale Alert revealed that on November 10, Tether released another billion Tether on the Tron network. According to Whale Alert statistics, the most recent USDT minting occurred only a few days

November 13, 2023 2 mins read
MicroStrategy's Bitcoin Strategy Propelled Stock Surge Since 2020

Michael Saylor Envisions Massive Bitcoin Demand Surge Ahead

Michael Saylor, co-founder of MicroStrategy, predicts that BTC demand might increase by a factor of 10 by the end of 2024, thanks in large part to the next Bitcoin halving. On November 10th, Saylor spoke at the 2023 Australia Crypto Convention, where he was asked to forecast the future of

November 11, 2023 1 min read
Genesis Proposes Slashing 3AC Claim from $1B to $33M

Genesis Proposes Slashing 3AC Claim from $1B to $33M

Bankrupt cryptocurrency lender Genesis has taken a bold step towards streamlining its Chapter 11 reorganization. The company has asked the court for permission to drastically decrease the claim of the bankrupt hedge fund Three Arrows Capital (3AC) from over $1 billion to $33 million. The proposed resolution is an important

November 10, 2023 2 mins read
Solana's New Memecoin COOLCoin Dump Raises Concerns

Justin Sun Offers 5% Bounty for Returning Poloniex Stolen Funds

Justin Sun, who recently acquired crypto exchange Poloniex offered a 5% reward to the hackers who looted over $126 million in assets. Justin sent an update on Twitter on November 10 after suffering a devastating loss, pleading with the attackers for a refund within seven days. Moreover, Justin Sun offered

November 10, 2023 1 min read
JPMorgan Commends Binance's $4.3 Billion Settlement

Market Update: On-ground Crypto Scenario in Turkey

An overview of Turkey’s cryptocurrency scene and significant insights from Binance Blockchain Week are included in the report. Turkey has a reasonably high degree of crypto adoption, with over 40% of population having exposure to crypto. Cryptocurrency is a very popular asset class among investors. 66% of investors questioned say

November 10, 2023 1 min read
BlackRock's Larry Fink Envisions Potential for Ethereum Spot ETF

ETH Breaks Above $2k as BlackRock Files for Spot Ethereum ETF

BlackRock Inc., a trillion dollar asset manager, has once again prompted widespread market optimism with a filing that may be a prelude to the company’s first Ethereum spot Exchange Traded Fund (ETF) product’s formal application to debut. The newest filing, known as the iShares Ethereum Trust, was submitted to the

November 9, 2023 2 mins read