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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

‌ (https://thenewscrypto.com/wp-content/uploads/2023/03/storm.png)StormGain DEX Launched by StormGain for Intuitive Decentralized Crypto Trading

StormGain DEX Launched by StormGain for Intuitive Decentralized Crypto Trading

StormGain, an all-in-one cryptocurrency platform, has announced the debut of StormGain DEX, a brand-new platform for decentralized trading. The DEX has completed beta and is now accessible to the general public after many weeks of productive testing. With no custodial risk, StormGain DEX facilitates the decentralized trade of digital assets.

March 23, 2023 1 min read
Cathie Wood Buys $15 Million Worth of Jack Dorsey’s Block Shares

Cathie Wood Sells Portion of Coinbase Shares Capitalizing 12% Price Surge

Shares in Coinbase (COIN) are being sold by Cathie Wood’s investment management company, Ark Invest, for the first time since July of last year. Cathie Wood claimed in October that Bitcoin will reach $1 million by 2030, prompting Ark Invest to begin a big purchasing frenzy of Coinbase shares. Concerns

March 22, 2023 2 mins read
Fluidity

Fluidity Announces Cashback on Crypto Payment App: Request Finance

Fluidity Money, a “spend-to-earn” decentralized finance (DeFi) protocol, has partnered with Request Finance, an enterprise crypto payments app, to develop a cashback program. Regarding the Program Businesses may reward cryptocurrency-paying consumers via the cashback scheme. When businesses accept cryptocurrency payments, they also can benefit from cashback benefits. Both the sender

March 22, 2023 3 mins read
Credit Suisse Plans Laying Off 9000 Personnel Post $4.09B Loss

UBS Group Reportedly Makes Bid To Acquire Struggling Credit Suisse

UBS Group AG, a private Swiss bank, has reportedly made a bid to acquire the financially troubled Credit Suisse Group AG. There have been reports recently of a confirmed merger between Credit Suisse and UBS.  Credit Suisse, the country’s second-largest private lender, has been struck hard by the financial crisis.

March 19, 2023 2 mins read
Former Coinbase CTO Bets $2M Over Bitcoin Reaching $1M in 3 Months

Former Coinbase CTO Bets $2M Over Bitcoin Reaching $1M in 3 Months

Balaji Srinivasan, a former CTO at cryptocurrency exchange Coinbase, has placed a $1 million bet on the price of Bitcoin (BTC) rising to $1 million by June 17. On March 17, a Twitter user going by the alias “James Medlock” made a $1 million bet to anybody who could prove

March 19, 2023 1 min read
Former ConsenSys Employees Sue Founder Over Shares Dispute

Member of European Parliament Advocates Ban on Crypto Amid Bank Crisis

In light of the present financial crisis, former Belgian Finance Minister and Member of the European Parliament Johan Van Overtveldt has advocated for a ban on cryptocurrency. According to Van Overtveldt, the digital asset business creates “no economic or social value.” These were made in a tweet by the ex-Belgian

March 18, 2023 1 min read
UBS Group to Fire 36,000 Employees Post Credit Suisse Merger

Merger Between Credit Suisse Bank and UBS Group Reportedly on the Cards

Recent sources indicated that the historic merger deal between Credit Suisse and UBS Group would be concluded as early as Saturday evening. The Swiss National Bank and the Swiss Financial Market Supervisory Authority FINMA, Switzerland’s central bank and financial regulator, reportedly saw this merger as their sole option to avert

March 18, 2023 1 min read
Verification Subscription on Instagram and Facebook Launched in the U.S

Verification Subscription on Instagram and Facebook Launched in the U.S

The launch of Meta Verified on Instagram and Facebook (Meta) in the United States was announced by CEO Mark Zuckerberg today. As of last month, subscribers in Australia and New Zealand may pay a monthly charge to have their Instagram and Facebook accounts as verified. Monthly fees for Meta Verified

March 17, 2023 1 min read
Binance

Crypto Exchange Binance Announces Support For Staked ETH Withdrawals

The biggest cryptocurrency exchange, Binance, announced on Friday that it would process staked Ethereum withdrawals and is ready to support the next Ethereum Shanghai and Capella (Shapella) upgrades. Withdrawals of staked ETH from the cryptocurrency exchange, however, will be postponed for a week after the April 12 Shanghai upgrade to

March 17, 2023 2 mins read
AllianceBlock and ABO Digital Collaborate Offering Alternative, Organized Financing for Crypto Initiatives

AllianceBlock and ABO Digital Collaborate Offering Alternative, Organized Financing for Crypto Initiatives

In order to provide tokenized structured products for institutions and crypto projects looking for alternative forms of financing, AllianceBlock, the company creating seamless gateways between TradFi and DeFi through its decentralized and trustless infrastructure, announced today that it is collaborating with ABO Digital, the private digital asset investment arm of Alpha

March 16, 2023 4 mins read