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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

Dutch Court Denies Release of Tornado Cash Developer Amidst Legal Battle

Tornado Cash Co-Founder Seeks Charges Dismissal, Cites First Amendment

One of the co-founders of Tornado Cash, a crypto mixing service, Roman Storm, has moved to have the allegations against him dropped. After his arrest and subsequent charges stemming from his role in launching the platform, Storm has offered many legal defenses in an effort to dispel the allegations. Moreover,

April 1, 2024 1 min read
Fake Hong Kong Coin Promoted on Chief Executive’s Hacked X Account

Hacker Seeks Public Apology from Prisma Finance Amid $11M Hack

An individual or group claiming to be a “white-hat” hacker who is interested in returning the funds into the Prisma Finance protocol, as opposed to a “black-hat” hacker who would retain the funds for themselves, was one of the wallets associated with the $11 million Prisma Finance hack that occurred

March 31, 2024 2 mins read
Federal Reserve Ends Enforcement Actions Against Silvergate Bank

U.S Court Rejects Custodia Bank’s Bid for Master Account

Custodia Bank, a digital asset bank, had its request for a declaratory judgment denied by the U.S District Court for the District of Wyoming, which also rejected the bank’s request for a master account with the U.S Federal Reserve. But Custodia insists it is not giving up and is looking

March 31, 2024 2 mins read
Binance Extends 'Women in Technology Academy' to Earthquake-Affected Areas in Partnership with WTech

Binance Extends ‘Women in Technology Academy’ to Earthquake-Affected Areas in Partnership with WTech

Launching the Binance Women in Technology Academy in partnership with the Women in Technology Association (Wtech), Binance, the world’s largest blockchain ecosystem and cryptocurrency service provider by trading volume, aims to raise women’s financial literacy levels and promote equal opportunities in the technology sector. The academy targeted young female university

March 29, 2024 5 mins read
Masa Network Integrates LayerZero for Cross-chain AI Data Network Boost

Masa Network Integrates LayerZero for Cross-chain AI Data Network Boost

The world’s leading decentralized personal data network, Masa Network, has announced that it has integrated with LayerZero, an interoperability protocol that lets developers create omnichain experiences, tokens, and apps by smoothly connecting blockchains. Communication between Ethereum and Binance Smart Chain and the Masa Data Network, which will be released on

March 28, 2024 2 mins read
Fhenix Collaborates with Privasea to Advance Secure AI with FHE

0G Labs Secures $35M Pre-Seed Funding to Develop Modular AI Blockchain

Leading Web3 modular infrastructure company 0G is happy to announce the completion of a successful investment round of over $35 million, made possible by the backing of several influential Web3 pioneers. Hack VC, No Limit Holdings, Arca, NGC, Paramita, Foresight, Crypto Banter, Joe Takayama, Santiago Santos, Alliance, Orange, Symbolic Capital,

March 27, 2024 3 mins read
Polkadot (DOT) Faces User Exodus and Bearish Pressure

Polkadot-backed $DED Trends on Twitter Post Memecoin Snapshot Announcement

The community currency $DED, backed by Polkadot, made it to the trending charts on X (previously Twitter), indicating the power and support of the community for the memecoin. $DED has just become the newest community coin to make waves in the space. Over 20,000 people are waiting for their airdrop in the $DED

March 25, 2024 2 mins read
Binance Academy Collaborates with BNB Chain for Developer Education Program

Binance Academy Collaborates with BNB Chain for Developer Education Program

The largest layer-1 blockchain by user count, BNB Chain, and Binance Academy, the crypto learning hub of Binance, have teamed to launch a new online course called “BNB Chain Developer Specialization“*. The course’s goal is to give aspiring Web3 software developers the tools they need to promote growth in the

March 25, 2024 3 mins read
BlackRock's Bitcoin ETF Dominates with Substantial Corporate Investors

Top Executives Voice Support for Spot Bitcoin ETFs in the UK

Kraken UK Managing Director Bivu Das said that Bitcoin ETFs should “absolutely” be introduced to the UK. Das said that a lot has happened since the UK banned such products in 2021 during an interview at the London Digital Asset Summit. Das stated: “And if anything, some of those concerns

March 25, 2024 2 mins read
XRP at Crossroads: Technical Indicators Paint Mixed Picture After 181% Monthly Surge

RippleX Warns Users About Technical Issue in XRP Ledger’s AMM Pools

A problem with the XRP Ledger’s Automated Market Maker (AMM) pools was brought to light by RippleX, the company’s development arm. Management has notified customers about fund deposits since this malfunction impacts transactions and pools. A twitter post states that the technical team at RippleX has found a problem with

March 25, 2024 1 min read