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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

Playboy Confirms Debut of Anticipated MetaMansion This Year

It’s time to get ready for the Playboy MetaMansion. In NFT Paris last week, Liz Suman, the head of Playboy’s Web3 team, confirmed that the virtual world is set to debut this year and that there would be entry points for people who aren’t part of the magazine brand’s Rabbitar

February 27, 2023 2 mins read
Lawsuit Against DeFi Platform PoolTogether Dismissed by Court

Lawsuit Against DeFi Protocol Maker Dismissed by U.S Court

According to court documents released on Wednesday, a federal judge rejected a class action complaint that claimed investors on Maker, one of the major decentralized finance protocols, lost almost $8 million due to the platform misrepresenting dangers. Over-collateralized debt positions on the Maker platform were allegedly portrayed as more safe

February 26, 2023 2 mins read

Solana Blockchain Outage Finally Fixed After Second Successful Reboot

After another successful reboot, the Solana blockchain is available again. A bug that slowed the blockchain for hours on Saturday has been fixed. The developers are still keeping an eye on how the network is doing. It was previously reported that the Solana network had an outage on the morning

February 26, 2023 1 min read

Cathie Wood Continues Buying Spree With 150,192 Coinbase Stocks

Once the COIN price dropped below $58 on Friday, investment management company Ark Invest, run by Cathie Wood, made a significant acquisition of Coinbase shares. As U.S. Core PCE inflation for January came in at 0.6%, above market predictions of 0.4%, the price of Coinbase, which is listed on the

February 25, 2023 1 min read

Solana Network Hit With Technical Glitch Hours After Update

As a technical glitch slowed users’ ability to trade cryptocurrencies, move assets, or do anything on the Solana network’s blockchain early Saturday. Infrastructure providers scrambled to fix the problem. According to Solana’s Discord channel, the blockchain began “forking” at about 00:53 New York time. After that, the RAM of validators

February 25, 2023 2 mins read
Sony Planning NFT Transfer Feature Across Different Gaming Consoles

India’s WazirX Announces Shut Down of NFT Marketplace

The biggest cryptocurrency exchange in India, WazirX, has discontinued its NFT marketplace, WazirX NFT. WazirX NFT has “sunsetted,” according to the website, although clients may still trade on OpenSea. All NFTs purchased on the WazirX exchange may now be traded on OpenSea. WazirX issued a statement expressing regret over the

February 22, 2023 1 min read

Bank of International Settlements Head Backs CBDC Over Crypto

According to Agustin Carstens, the head of the Bank of International Settlements, there is no longer a compelling case for the adoption of digital currency as a replacement for fiat currency. Technology, Carstens claimed in an interview with Bloomberg TV, could not be relied upon as a reliable means of

February 22, 2023 1 min read

VeChain Announces Launch of Self-custody Wallet for Users

The “VeWorld” native self-custody wallet for VeChain, an enterprise-focused blockchain platform, has been released. The VeChain Foundation has a lot of exciting things planned for this year. Including the introduction of a wallet that will provide users with a broad variety of advantages. A tweet from the Foundation’s account today

February 21, 2023 2 mins read
U.S Court Sentences Silk Road Bitcoin Hacker a Year in Prison

Ankr Collaborates With Microsoft To Offer Node Hosting Service

Ankr, a supplier of decentralized blockchain infrastructure, and Microsoft have collaborated to provide a new kind of node hosting service via the Microsoft Azure Marketplace. As part of the collaboration, both businesses’ technologies will be integrated, with Microsoft’s cloud services joining Ankr’s blockchain infrastructure. Developers working on Web3 projects will

February 21, 2023 1 min read

Ukraine Prepones Pilot Launch of Digital Hryvnia To 2023

Mykhailo Fedorov, the minister in charge of Ukraine’s digital transformation, said in an interview that he plans to speed up the process of creating the country’s electronic hryvnia (e-hryvnia). When the pilot phase was first proposed, it was set to begin in 2024, but the government has decided to move

February 19, 2023 1 min read