Sun, February 2
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

Tornado Cash Developer Alexey Pertsev's Pre-Trial Detention Extended

Tornado Cash Developer Alexey Pertsev’s Pre-Trial Detention Extended

Developers of privacy-preserving technology are understandably concerned by the decision to keep Alexey Pertsev in pre-trial detention. While he awaits trial, Pertsev, developer of the Tornado Cash protocol for mixing cryptocurrencies, will stay in custody. Pertsev voiced his displeasure with the court’s decision to prolong his detention in a post

November 23, 2024 2 mins read
South Korean Crypto Platform Delio Declared Bankrupt Amid $1.75B Debt

South Korean Crypto Platform Delio Declared Bankrupt Amid $1.75B Debt

According to several local news reports, a court in Seoul, South Korea, declared virtual asset deposit platform Delio bankrupt on November 22. Delio stopped allowing withdrawals last year because they owed their clients 245 billion won ($1.75 billion). The process of liquidation will be initiated by Delio. The first creditors’

November 23, 2024 2 mins read
U.S. Spot Bitcoin ETFs Face $1.5B in Outflows, Largest Streak Since Trump Win

US Spot Bitcoin ETFs Surpass $30B Cumulative Inflows Amid Market Rally

The cumulative total net inflow for U.S. spot bitcoin exchange-traded funds has surpassed $30 billion for the first time since debut in January. The strong market sentiment that followed former president Trump’s re-election has caused the bitcoin ETFs to see increased levels of trading activity and net inflows. Wednesday was

November 22, 2024 1 min read
BitGo Eyes Retail Crypto Market After Years of Institutional Success

South Korea Prohibits Crypto-Linked ETFs Amid Regulatory Concerns

South Korean financial regulators are being quite controlling when it comes to cryptocurrency investment products. Therefore Bitcoin spot and futures ETFs are still not available there. Amidst much consternation, the Financial Supervisory Service (FSS) has also prohibited the introduction of exchange-traded funds (ETFs) that invest in businesses associated with virtual

November 21, 2024 2 mins read
Chromia Sets December 3rd for Asgard Mainnet Upgrade

Chromia Sets December 3rd for Asgard Mainnet Upgrade

Asgard Upgrade, which will be the first significant technological update to the mainnet of the Layer-1 relational blockchain, will take place on December 3rd, according to Chromia, which has officially announced the date of the upgrade. Chromia Extensions are modular enhancements that are introduced with this upgrade. These extensions enable

November 19, 2024 2 mins read
Bitcoin Hits a New ATH $99.6K as Monthly Gains Exceed 40%

Bitcoin Miner MARA Unveils $700M Convertible Notes Offering

Bitcoin Miner MARA Holdings has announced a private offering of convertible senior notes with a maturation date of 2030, with a plan to raise $700 million. The notes, which come with an option to buy an extra $105 million, are available to eligible institutional purchasers. The funds will go toward

November 18, 2024 2 mins read
Powerloom Clocks Over 1 Billion Unique Data Points Ahead of Highly Anticipated Mainnet Launch

French Fast-Food Chain Furahaa Group Ventures into Tokenization with INX Listing

The regulated marketplace for trading digital securities and tokenized real-world assets, INX Digital Company, Inc. (Cboe CA: INXD, OTCQB: INXDF, INXATS: INX) (“INX”), is excited to announce that Furahaa Group (FURA) tokens will be listed on its platform on November 20, 2024, at 12 PM GMT+2. With this listing, the

November 14, 2024 2 mins read
Powerloom Clocks Over 1 Billion Unique Data Points Ahead of Highly Anticipated Mainnet Launch

DODO Unveils Comprehensive DeFi Toolkit for Own DEX Creation

Having the appropriate tools to create, run, and optimize a decentralized exchange (DEX) is essential for success in the quickly evolving field of decentralized finance (DeFi). A whole range of solutions are available via DODO’s DEXpert, which is intended to improve trading efficiency, expedite DEX creation, and provide sophisticated liquidity management features.

November 13, 2024 4 mins read
Transak and Opera’s MiniPay Collaborate to Boost Stablecoin Accessibility Globally

io.net and NovaNet Collaborate to Launch Zero-Knowledge GPU Verification

An announcement has been made about a strategic relationship between io.net, the DePIN that provides access to high-performance GPU clusters, and NovaNet, which is the decentralized network for zero knowledge proofs (ZKP). Through the partnership, the security and dependability of decentralized computing will be improved, and cryptographic guarantees will be implemented.

November 12, 2024 2 mins read
Floating Icon