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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

OpenSea Data Breach Exposes 7 Million Email Addresses

NFT Marketplace OpenSea Reportedly Alerts Users of Security Breach

OpenSea, one of the prominent NFT marketplaces, has reportedly alerted its users to a serious security violation. OpenSea API keys may have been compromised due to a security problem at one of the company’s suppliers, according to reports. Because of this occurrence, OpenSea has moved quickly to strengthen the safety

September 23, 2023 1 min read
Optimism Reveals Plan To Sell 116M OP Tokens in Private Sale

Optimism Reveals Plan To Sell 116M OP Tokens in Private Sale

The plan to sell 116 million OP tokens to seven individual purchasers have been made public by Optimism as part of its treasury management strategy. Considering the current market price of OP tokens, the sale will generate approx. $159M. While it was speculated that Optimism will “dump” its tokens on

September 22, 2023 1 min read
Onyx Protocol Exploited of $2.1 Million in Recent Attack

Linear Finance’s LUSD Stablecoin Under Potential Exploit Attack

Linear Finance suddenly announced today through twitter that its native stablecoin, LUSD, may be vulnerable to an exploit assault. The team has taken swift action in response, which has caused widespread alarm among crypto users. 🗣️Urgent Update Re $LUSD 📢 The Linear stable coin $LUSD appears to be under an

September 21, 2023 2 mins read
CoinEx to Reopen Deposits and Withdrawals Following $70M Hack

CoinEx to Reopen Deposits and Withdrawals Following $70M Hack

After more than a week, CoinEx, the cryptocurrency exchange that was the victim of a $70 million attack owing to compromised hot wallet private keys, will once again allow customers to deposit and withdraw. After the attack, the exchange made it clear that a new wallet system for the 211

September 21, 2023 1 min read
Bybit Adds PayPal's PYUSD Stablecoin for Spot Trading

Bybit Adds PayPal’s PYUSD Stablecoin for Spot Trading

The third-most visited cryptocurrency exchange in the world, Bybit, is thrilled to announce the listing of PYUSD, PayPal’s innovative USD stablecoin. This listing represents a crucial turning point in the growth of the cryptocurrency market as a large corporation like PayPal makes its foray into the blockchain sector with its stablecoin offering.

September 20, 2023 1 min read
Nomura Group Launches Bitcoin Fund for Institutional Investors

Nomura Group Launches Bitcoin Fund for Institutional Investors

Nomura Digital Assets, a division of Japan’s largest investment bank, Nomura Group, has established a Bitcoin fund. It will provide large investors easier access to digital assets in the face of increased demand, and it is Nomura’s first investment solution for digital adoption. In a news release dated September 19,

September 19, 2023 1 min read
Nexera Exchange Introduces Groundbreaking On-Chain Limit Order Book

Nexera Exchange Introduces Groundbreaking On-Chain Limit Order Book

In order to provide a safe and user-focused trading platform, AllianceBlock has recently unveiled the Nexera Exchange, a creative take on a decentralized exchange featuring a variety of cutting-edge features. Nexera has implemented a cutting-edge on-chain limit order book to the exchange today. The Nexera Exchange is a strategic reaction

September 19, 2023 2 mins read
Dexalot Introduces SimpleSwap and SimpleView for User-Friendly Experience

Dexalot Introduces SimpleSwap and SimpleView for User-Friendly Experience

The Avalanche Subnet-based decentralized exchange (DEX), Dexalot, has introduced two significant new features. Together, SimpleSwap and SimpleView enable traders to take advantage of portfolio visibility improvements and AMM-style swaps. Dexalot has more advanced functionality than a traditional DEX since it is a central limit order book (CLOB) exchange. Dexalot has

September 19, 2023 2 mins read
Yuga Labs and Magic Eden Partner to Launch New NFT Marketplace

Stoner Cats NFT Floor Price Surges After U.S SEC Action

The Stoner Cats NFT collection is based on an animated series in which a group of cats and an old lady spend their time chilling out while high on cannabis. Seth MacFarlane from “Family Guy,” Chris Rock, and Jane Fonda all featured in the series, which was created by prominent

September 17, 2023 1 min read
Investors Await Upcoming U.S Economic Data as High Volatility Expected

Goldman Sachs Predicts Possible Interest Rate Delay by U.S Fed

One of the world’s most prestigious investment firms, Goldman Sachs, has made the outlandish claim that November may not see an interest rate increase. The strategists at Goldman Sachs recently released a report outlining the several variables that have led them to expect an interest rate rise delay. They emphasized

September 17, 2023 1 min read