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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

Core Introduces Seed Abstraction for Simplified Cross-Chain Security in Web3

Core Introduces Seed Abstraction for Simplified Cross-Chain Security in Web3

Without seed phrases, Core is now accessible to anyone. It is now easier to produce and maintain keys using straightforward Web2 methods, such as Apple and Gmail logins, without sacrificing security or custody. Designed for the Avalanche ecosystem and beyond, this wallet creation experience is unique. The seed abstraction in

December 14, 2023 2 mins read
Orbs Integrates Advanced dLIMIT and DCA Protocols into Sushi DEX

Taki Games Partners with Rally Protocol, Boosting Web3 Gaming Development

Taki Games, a mobile game developer and the creator of Deep Dive, has teamed up with Rally Protocol to use RallyMobile and RallyTransact, two potent mobile SDKs, to help reshape the web3 mobile gaming scene. RallyMobile prioritizes security and privacy, providing developers with the means to remove the main drawbacks

December 13, 2023 2 mins read
Worldcoin Partners with Alchemy to Accelerate World Chain Initiative

Worldcoin Unveils World ID 2.0 With Major Platforms Integration

The “World ID 2.0” update is the latest addition to Worldcoin’s World ID functionality. As stated in a statement made on December 12th, individuals may now demonstrate their humanity on Shopify, Mercado Libre, Reddit, and Telegram thanks to the new version’s integration with these platforms. According to the statement, the

December 13, 2023 1 min read
DODO Launches DODOchain: Layer 3 Omni-Trading Blockchain for Cross-Chain Liquidity

China All Set to Launch Blockchain-based Identity Verification System

Data privacy activists are sure to be concerned with the news that the Blockchain-based Service Network (BSN), China’s national-level blockchain program, would employ blockchain technology to validate the real-name identities of the country’s 1.4 billion inhabitants. The RealDID concept was supported by BSN and was driven by China’s Ministry of

December 13, 2023 1 min read
Dubai Financial Services Authority (DFSA) Amends Crypto Token Regime

Enjinstarter’s AYA Platform Secures Conditional Crypto License in Dubai

In order to provide crypto asset and investment services, Enjinstarter’s AYA platform was awarded a conditional license by Dubai’s Virtual Assets Regulatory Authority (VARA). Web3 Launchpad and Advisory Firm Enjinstarter’s Dubai arm acquired a crypto license on December 11; nevertheless, they still need to meet several requirements before they can

December 12, 2023 1 min read
Immutable Integrates Transak for Web3 Gaming Payments

Immutable Integrates Transak for Web3 Gaming Payments

For its zero-knowledge Ethereum Virtual Machine (zkEVM), Web3 gaming company Immutable is integrating Transak as its only payment service provider. Gaming ecosystems will soon be able to accept fiat and Web3-based payments directly via the service. Both the Immutable Checkout and the Immutable Passport will include Transak’s services. The former

December 11, 2023 1 min read
Fake Hong Kong Coin Promoted on Chief Executive’s Hacked X Account

Arbitrage Bot Depletes LFNTY-USDC Pool on Lifinity DEX

An arbitrage bot depleted the LFNTY-USDC pool on December 8 from the decentralized exchange (DEX) Lifinity. The $699,090 loss was triggered by an unanticipated reaction to a botched deal, according to Lifinity’s Discord channel. Durden, a key member of Lifinity, revealed that a bot tried to benefit from price disparities

December 9, 2023 1 min read
U.S. Court Approves Three Arrows Capital’s $1.53B Claim Against FTX

Defunct FTX and Alameda Research Transfer $23.49M Worth of Crypto

Cryptocurrencies valued at $23.59 million were transferred to leading crypto exchanges from wallets associated with the now-defunct FTX and Alameda Research over the course of four days. According to blockchain analytics company Spot On Chain, the insolvent organizations have moved $591 million in 59 different tokens since October 24. Nearly

December 9, 2023 1 min read
Court Rules in Favor of Do Kwon's Wife Over Frozen Real Estate Assets

Terraform Labs’ Do Kwon Reportedly To Be Extradited to the U.S

The co-founder of Terraform Labs, Do Kwon, is allegedly set to be deported to the US instead of South Korea in order to face criminal accusations. A report from the WSJ citing sources close to the situation states that Justice Minister Andrej Milović of Montenegro intends to approve the request

December 8, 2023 2 mins read