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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

Binance Eyes South Korean Market Via Acquisition of Gopax Exchange

On Monday, Binance, the biggest cryptocurrency exchange in the world, finished its due diligence on the purchase of Gopax and officially returned to the South Korean market. Among South Korea’s crypto exchanges, Gopax is a strong contender. According to a source with knowledge of the situation. The purchase announcement was

January 2, 2023 1 min read
Riot Inc Disputes New York Times' Claims on Bitcoin Mining

Crypto Mining Firm Bitfarms CEO Steps Down Amid Bear Market Woes

Bitfarms’ CEO, Emiliano Grodzki, has resigned in the wake of the bear market, following a long line of leaders in the cryptocurrency industry who have left their posts this year. Geoffrey Morphy is promoted from president and COO to CEO at the mining firm. Here is what Morphy had to

December 31, 2022 2 mins read

MicroStrategy and Its Subsidiaries Together Add 2,500 Bitcoins

Michael Saylor, a Bitcoin maximalist, stated on Wednesday that MicroStrategy had bought 2,395 Bitcoins. As of the 27th of December, according to an SEC filing. MicroStrategy has almost 132,500 bitcoin in its possession. Which it purchased for over $4 billion at an average price of $30,397 per Bitcoin. MicroStrategy’s Bitcoin

December 29, 2022 1 min read
Kannada Film Forays Into Metaverse With Upcoming Release

Kannada Film Forays Into Metaverse With Upcoming Release

The “Made in Bengaluru” Kannada film set will be made accessible in the metaverse. Interality, a business that develops mixed reality software, announced the announcement. The screenplay and direction for the film Made in Bengaluru were both created by Pradeep Sastry. Madhusudan Govind is the main attraction, but the supporting

December 27, 2022 2 mins read
Octopus Network Announces Mass Layoff Amid Sluggish Market

Octopus Network Announces Mass Layoff Amid Sluggish Market

In light of the dismal state of the industry. Octopus Network has announced a round of personnel cuts that will see 12 of the core 30 employees go. All remaining Octopus Network employees will take a 20% pay reduction. And the network’s team token incentive will be put on hold

December 27, 2022 1 min read
Palau Collaborates With Ripple to Launch Countries First Stablecoin

Palau Collaborates With Ripple to Launch Countries First Stablecoin

The popularity of cryptocurrencies like Bitcoin has been rising lately all around the world. Countries of all sizes are making efforts to digitalize their economies and adopt blockchain technology and digital currencies. Several national banks are working on introducing their own stablecoins or central bank digital currencies. As of recently,

December 26, 2022 1 min read
Terra Luna Classic All Set for Community-owned Wallet

Terra Classic (LUNC) Price Surges 10% Amid Multiple Developments

The price of Terra Classic (LUNC) has increased by over 10% in the previous 24 hours. In contrast to other altcoins, LUNC’s price has risen by about 25% in the last week despite the market’s volatility. But the LUNC rally isn’t over yet, and it seems like it will gain

December 26, 2022 1 min read
Solana SOL

Solana Slowly Losing Its Glaze — Will SOL Survive in 2023?

Solana (SOL) was one of the best performing crypto project in the market, however, SOL started losing its glaze recently.  Two NFT projects of Solana namely DeGods and yOOts announced their arrival to Ethereum and Polygon respectively in the first quarter of 2023.    DeGods will officially bridge to Ethereum

December 26, 2022 2 mins read
Former BlockFi VP For Asia Joins Google as APAC Web3 Division Lead

Former BlockFi VP For Asia Joins Google as APAC Web3 Division Lead

Former BlockFi executive and now Google APAC Web3 Lead Rishi Ramchandani is a former of the cryptocurrency industry. Earlier this year, the biggest search engine in the world stated that the Web3 industry had “tremendous potential” and devoted a team to exploring it. In a recent LinkedIn post, Ramchandani expressed

December 22, 2022 1 min read
Binance Introduces New Features for Web3-focused Social platform Binance Feed

Binance Introduces New Features for Web3-focused Social platform Binance Feed

For users to access and learn about the most recent Web3 and cryptocurrency news, as well as for creators to further engage with their community, Binance, the world’s leading blockchain ecosystem, and cryptocurrency infrastructure provider, is launching new features to Binance Feed on December 22nd, 2022. Binance Feed’s most recent

December 22, 2022 2 mins read