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Imran

A diploma graduate who is passionate about digital currency and loves writing. He loves the concept of crypto and keeps himself up to date with the latest development and news of the crypto world.

Posts by Imran

USDC Issuer Circle Applies For Regulatory Approval in France

USDC Issuer Circle Announces Support For 5 New Blockchains

USDC support rises from eight to thirteen blockchains due to this new initiative. It was announced at Converge22 conference in San Francisco by Circle CEO. Due to the delisting of USDC from Binance and WazirX, Circle is looking to increase its presence on other blockchains to preserve its position in

September 29, 2022 2 mins read
French Authorities Grant Crypto.com Regulatory License to Offer Services

French Authorities Grant Crypto.com Regulatory License to Offer Services

After receiving approval from the Autorité de Contrôle Prudentiel et de Résolution (ACPR), the world’s fastest-growing cryptocurrency platform, Crypto.com, announced today that it has been registered in France as a Digital Asset Service Provider (DASP) by the Autorité des marchés financiers (AMF). To acquire regulatory permission, Crypto.com underwent a comprehensive

September 28, 2022 2 mins read
Anonymous Group Accuses Yuga Labs and BAYC NFTs

Anonymous Group Accuses Yuga Labs and BAYC NFTs

Anonymous has pledged to deploy a team for more findings. Yuga Labs co-founder Greg Solano denied all claims. The most popular NFT project, Bored Apes Yacht Club powered by Yuga Labs, has been under scrutiny from the hacktivist group Anonymous for what the group claims is the use of racist,

September 28, 2022 2 mins read
OpenSea 2.0 Aims to Elevate NFT Marketplace Experience

Leading NFT Marketplace OpenSea Now Supports Optimism

The marketplace currently supports six other networks, including Ethereum. The platform offers creators a 10% cut of any sales made of their works. On Tuesday, NFT marketplace OpenSea made the announcement that it will now support projects based on Ethereum’s layer-2 scaling solution Optimism. Further, the marketplace currently supports six

September 28, 2022 1 min read
Pixelmon NFT Game All Set For a Revamped Comeback

Pixelmon NFT Game All Set For a Revamped Comeback

Pixelmon revealed a new leadership team and an altered plan. Co-founder of LiquidX, would lead Pixelmon as its chief executive officer. Pixelmon, a project that generated $70 million by selling NFTs that promised to give a Pokémon-esque experience and then exhibited ragged artwork that was universally ridiculed and spawned memes

September 27, 2022 2 mins read
Almost $1 Million Stolen in Ethereum ‘Vanity Address’ Exploit

Almost $1 Million Stolen in Ethereum ‘Vanity Address’ Exploit

The hack used the same flaw as the previous $160 million heist. With a vanity address, one may choose their own unique string of letters and numbers. An Ethereum “vanity address” valued around $950,000 was compromised; this address was created using a program called Profanity. The hack used the same

September 27, 2022 2 mins read
Coinbase CEO Plans Infrastructure Upgrade After Recent Outages

Coinbase CEO Brian Armstrong Backs Going Public

CEO Brian Armstrong insists the move to the public market has been very beneficial. Coinbase was able to secure $3 million of debt in a single week last year. Stock of cryptocurrency exchange Coinbase is down 84% from its all-time high of $381 on the company’s listing day in April

September 26, 2022 1 min read
DeFiChain Issued DFI Token Now Trading on Gate.io Exchange

DeFiChain Issued DFI Token Now Trading on Gate.io Exchange

It was announced today that the DFI token, issued by DeFiChain, would be listed on Gate.io, one of the world’s biggest cryptocurrency exchanges. DeFiChain is the premier blockchain on the Bitcoin network devoted to providing decentralized financial apps and services to everyone. DeFiChain has taken a huge step toward achieving

September 26, 2022 2 mins read
Russian President Proposes New Digital Payment System

Russia’s MOEX Proposes Receipts For Digital Financial Assets

DFA receipts may be exchanged as securities as per the proposal. Those who aren’t ready to engage with distributed ledgers can benefit from this. In order to allow depositories to issue receipts for digital financial assets (DFAs). Russia’s primary equity and derivatives market has proposed new laws. Under the lack

September 25, 2022 2 mins read
SEC Shuts Down Fraudulent Crypto Firm Over Ponzi Scheme

Kraken’s New CEO Clears Stand on Registering With SEC

Jesse Powell stepped down and was replaced by COO Dave Ripley. Kraken does not need to file with the U.S. SEC as per Ripley. To the SEC’s dismay, Kraken’s new CEO has put forward the exchange’s stand. Kraken stated on September 21 that current CEO Jesse Powell will be stepping

September 25, 2022 2 mins read
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