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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

Shibarium Mainnet Relaunched: BONE Price Surges 14%

Shibarium Mainnet Relaunched: BONE Price Surges 14%

After days of examining, testing, and fine-tuning, the Shiba Inu team lead by primary developer Shytoshi Kusama relaunched the Shibarium mainnet. Post announcement that Shibarium is now again operational, the price of Shibarium’s gas token Bone ShibaSwap (BONE) jumped by 14% in the last 24 hours as per data from

August 24, 2023 2 mins read
Orbs Integrates Advanced dLIMIT and DCA Protocols into Sushi DEX

Kresus Unveils Dapp Marketplace Enabling Polygon Ecosystem Exploration

Web3 SuperApp Kresus has introduced Kresus Marketplace, an integrated marketplace for discovering decentralized applications (dapps) on Polygon. Accessing the Polygon ecosystem and interacting with its most well-known dapps is now possible for users of the Kresus SuperApp, a global wallet and access to everything web3. Kresus Marketplace, a fresh addition

August 23, 2023 2 mins read
Shopify Teams Up With Solana Pay; Boosting Crypto Adoption

Shopify Teams Up With Solana Pay; Boosting Crypto Adoption

By integrating with Shopify Inc., one of the leading global e-commerce leader, Solana Pay, developed by Solana Labs, has attained a major milestone. With this strategic alliance, businesses will be able to better do business and interact with the digital assets realm. Using the Solana blockchain, Solana Pay offers frictionless

August 23, 2023 2 mins read
Will South Korea Put Crypto Taxation on Hold for Three More Years?

South Korean City of Cheongju To Confiscate Crypto from Tax Evaders

It has been announced that crypto belonging to tax evaders would be confiscated in the city of Cheongju, the capital of North Chungcheong province, South Korea. Local news outlet Yonhap reported on August 22 that the Cheongju authority has asked seven cryptocurrency exchanges in South Korea to investigate the assets

August 22, 2023 1 min read
Kresus Crypto Wallet Offers a Hassle-Free Solution for NFTs Storage via Sotheby's Metaverse

NFT Firm Recur Announces Shut Down of the Web3 Platform

Last week, the NFT firm Recur announced that its Web3 platform is shutting down, having succumbed to the crypto winter despite hosting the IP of numerous major names, like Hello Kitty and Nickelodeon. Recur said in a blog post that it would be gradually removing essential functionalities from its platform

August 21, 2023 1 min read
Bybit Leads the Way with Successful Catizen ($CATI) Listing and Airdrop Distribution

Bybit Empowers Fintech Education With 1M AED AUS Scholarship

As part of its ongoing commitment to promoting education and the adoption of cryptocurrencies in the United Arab Emirates, Bybit, the third most visited cryptocurrency exchange in the world, is delighted to announce that it has given scholarships to 38 deserving students at the American University of Sharjah (AUS). Following

August 21, 2023 2 mins read
U.S. Judge Rules AI-Created Works Ineligible for Copyright Protection

U.S. Judge Rules AI-Created Works Ineligible for Copyright Protection

U.S. District Judge Beryl Howell has ruled that works fully created by artificial intelligence are not eligible for copyright protection. Thus, upholding the view of the U.S. Copyright Office. This decision is timely given the widespread fear that generative AI may one day replace human creators in fields like art

August 20, 2023 1 min read
Onyx Protocol Exploited of $2.1 Million in Recent Attack

DeFi Protocols Harbor and Exactly Become Latest Victim of Exploit

Exactly is a crypto lending platform that operates on the Optimism network. Initially, it was reported that more than 7,160 ETH, worth approximately $12 million, had been taken, however, this figure was eventually reduced. According to Exactly, the breach affected the DebtManager peripheral contract. As per blockchain security companies DeDotFi

August 20, 2023 1 min read
Yuga Labs Co-founder Unveils Major Plans for Bored Apes Franchise

Yuga Labs Parts Ways With OpenSea Over Creator Royalties

Bored Ape Yacht Club (BAYC) NFT collection developers Yuga Labs announced their intention to end their partnership with OpenSea. This is in reaction to the platform’s anticipated move toward a discretionary royalties structure. Royalties will no longer be required for new collections after August 31, 2023. This is under a

August 19, 2023 1 min read
Caroline Ellison to Testify Against SBF in Fraud Trial This Week

FTX Founder SBF Seeks Partial Jail Release for Defense Preparation

FTX founder Sam Bankman-Fried (SBF) has asked to be released from jail for five days every week so that he and his attorneys may prepare their defense after the DOJ revoked his bail a week ago. Lawyers for SBF wrote to US District Judge Lewis Kaplan on Friday to complain

August 19, 2023 1 min read