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

Uniswap Founder Burns 99.9% of HayCoin (HAY) Supply

Uniswap Founder Burns 99.9% of HayCoin (HAY) Supply

On October 20th, Uniswap creator Hayden Adams reportedly announced on Twitter that he has burnt 99 percent of the HayCoin (HAY) supply. Adams’s recent worries about price speculation led to the removal of the vast bulk of the tokens from circulation. For testing purposes, Adams released the HAY token five

October 21, 2023 2 mins read
Onyx Protocol Exploited of $2.1 Million in Recent Attack

Blockstream Wallet Users Hit by Fake Email Phishing Scam

Users of the renowned non-custodial crypto wallet Jade, developed by the leading Bitcoin development firm Blockstream, have fallen victim to an assault in which they have been sent phishing emails. The Jade hardware wallet has been exploited, according to fraud warning letters that have been sent out to customers today,

October 21, 2023 1 min read
LBRY Bids Final Farewell to the Crypto Sector; Announces Closure

LBRY Bids Final Farewell to the Crypto Sector; Announces Closure

LBRY, the company behind the LBRY blockchain, has announced its closure to the cryptocurrency world, claiming “several million dollars” in obligations as the reason. A message from the LBRY team, titled “This will be our last post,” was published on the video-sharing platform Odysee (which is powered by LBRY) on

October 20, 2023 1 min read
Tether Mints $1B USDT on Tron, Hits $33B in Yearly Issuance

USDT Stablecoin Issuer Tether Plans Real-time Reserve Transparency

USDT stablecoin Issuer Tether’s CTO, Paolo Ardoino, will soon assume the role of Chief Executive Officer in December and lead the firm. The stablecoin issuer’s leadership change comes at a critical moment. Under Ardoino’s leadership, the stablecoin industry leader is making strides towards real-time reserve transparency. Italian software developer Paolo

October 20, 2023 1 min read
Crypto Exchange Bitpanda Secures VASP License in Norway

Crypto Exchange Bitpanda Secures VASP License in Norway

Crypto exchange Bitpanda, recently received its virtual asset service provider (VASP) license from the Norwegian authorities. Bitpanda joins an exclusive group of pioneering foreign firms in gaining this license. On October 19th, Bitpanda made public their successful application for a crypto license on Twitte­r. Bitpanda also has licenses in other

October 20, 2023 1 min read
Paxos Secures Preliminary Approval from ADGM to Offer Services in UAE

Ras Al Khaimah Introduces New Free Zone To Attract Web3 Firms

One of the Emirates of UAE, Ras Al Khaimah, is taking deliberate effort to broaden its financial landscape. The RAK Digital Assets Oasis (RAK DAO) is a new free zone in the emirate that aims to support and promote the digital and virtual asset industry. The goal of this project

October 19, 2023 1 min read
Bitcoin Price Stabilizes Post Brief Retracement; Eyes Breakout

Bitcoin Price Stabilizes Post Brief Retracement; Eyes Breakout

The pursuit for a Spot Bitcoin ETF has been a focal point of the crypto sector for the better part of 2023. The market was taken aback when conventional financial giants revealed their intentions by applying with the U.S SEC. Mike Novogratz, CEO of Galaxy Digital Holdings, has predicted that

October 18, 2023 2 mins read
European Union Embraces New Crypto Regulations for Tax Reporting

European Union Embraces New Crypto Regulations for Tax Reporting

The crypto community witnessed the official adoption by European Union finance ministers of new guidelines allowing for the sharing of information between tax agencies about individuals’ crypto holdings. The paper will be published in the Official Journal of the European Union and will become effective 20 days later. EU member

October 18, 2023 2 mins read
Binance Academy and Blockchain Center Team Up to Boost Web3 Educational Initiative

Binance Academy and Blockchain Center Team Up to Boost Web3 Educational Initiative

The Blockchain Center, an independent international non-profit research laboratory that supports talent development in the blockchain industry through education globally, and Binance Academy, the open-access blockchain and cryptocurrency learning hub of Binance, disclosed today that their blockchain educational program will now be broadened globally under the name of The Global

October 18, 2023 3 mins read
Staked Bone ShibaSwap (BONE) Records an All-Time High (ATH)

Staked Bone ShibaSwap (BONE) Records an All-Time High (ATH)

Bone ShibaSwap (BONE), has hit an ATH on the Shibarium layer-2 scaling solution, signaling the cryptocurrency’s promising future. Shibarium’s validator tracker shows that the number of staked BONE tokens has reached 26,020,173.6431. This remarkable staking number was fueled by the increasing number of validators that have signed up for the

October 15, 2023 1 min read