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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

Accelerator Program For Dapps Creation on its AI Layer 1 Ecosystem Announced by Oraichain

Accelerator Program For Dapps Creation Announced by Oraichain

The “Oraichain for DApps Accelerator Program” was recently introduced by Oraichain, the first global AI Layer 1 for Data Economy and Oracle Services, with the stated goal of facilitating rapid growth inside the network’s cutting-edge AI Layer 1 infrastructure. Oraichain Mainnet 2.0 (also known as AI Layer 1) is the

August 14, 2022 2 mins read
BlueBenx Reportedly Stops Withdrawals Amid $32M Exploit

BlueBenx Reportedly Stops Withdrawals Amid $32M Exploit

After a hacker allegedly stole $32 million from the Brazilian crypto lending company BlueBenx, all 22,000 of its members had their withdrawals frozen. Despite the fact that the corporation has not provided any information regarding the attack, a large number of people have apparently lost their jobs. BlueBenx is just

August 14, 2022 2 mins read
Cardano Network Gets Promoted on Racing Car at NASCAR

Cardano Network Gets Promoted on Racing Car at NASCAR

NASCAR driver Trent Barnes’ vehicle had the network’s name all over. Charles Hoskinson, the founder of Cardano, surprisingly seemed clueless. Cardano, a well-known network, and its community seem to be surprised by a sudden event. The network has been criticized for having low adoption and for being less popular than

August 11, 2022 1 min read
OpenSea 2.0 Aims to Elevate NFT Marketplace Experience

OpenSea Steps Up NFT Copymint and Transparency Policy

The marketplace has published a more in-depth look into its copymint policy. The policy has defined what qualifies as a copymint and what does not. OpenSea has recently revealed via a blog post that it is dedicated to maintaining its position as a leader in bolstering the NFT ecosystem’s credibility

August 11, 2022 2 mins read
Warner Music Group Invests in Digital Clothing Firm ‘DressX’

Metaverse Real Estate Prices and Trade Volume Significantly Declines

The Metaverse’s real estate market is in the midst of a serious crisis. The rate of employment in the Metaverse domain fell by more than 81%. Because of Facebook’s major shift to the virtual world in 2021, the Metaverse became a prominent subject during the Bull Run in the crypto

August 7, 2022 2 mins read
Shiba Inu Community Seizes Control of the SHIB Burn Portal

Shiba Inu Community Burns Half a Billion SHIB in Last 6 Days

There have been 111 transactions totaling 550,351,774 tokens (550.35M). The listing of SHIB on the Binance Card was another significant milestone. The SHIB Burn Portal has been used by the community to burn almost half a billion Shiba Inu (SHIB) in the last six days. A total of 120 Bone

August 7, 2022 2 mins read
Poloniex Backs Ethereum Proof of Work Fork Ahead of Merger

Poloniex Backs Ethereum Proof of Work Fork Ahead of Merger

Miners would be harmed if ETH mining came to an end after the merger. ETH’s upgrade and a probable hard fork will have Poloniex’s full backing. Earlier this week, well-known Chinese crypto miner Chandler Guo declared his desire to fork Ethereum’s blockchain and invent a separate proof-of-work network in opposition

August 5, 2022 2 mins read
Binance Expands its Ecosystem with Exciting Announcements

Binance Partners With Mastercard to Launch Crypto Card in Argentina

The Binance card is available to Argentinian users who have valid documentation. Withdrawals made at an ATM will not be subject to any fees. The global cryptocurrency exchange Binance has teamed up with Mastercard to provide a cryptocurrency prepaid card in Argentina. On Thursday, the exchange dominated the headlines. After

August 5, 2022 1 min read
Robinhood to Layoff 23% of its Workforce Following Q2 Loss

Robinhood to Layoff 23% of its Workforce Following Q2 Loss

Three months ago, Robinhood laid off 9% of its full-time employees. 713 workers would be impacted by a 23 percent drop in employment. Retail investing giant Robinhood has had a wild year. The fintech company is cutting 23 percent of its personnel. Three months ago, Robinhood laid off 9% of

August 3, 2022 1 min read
CryptoPunk NFT Sales Volume Surges by 248% Despite Sluggish Market

CryptoPunk NFT Sales Volume Surges by 248% Despite Sluggish Market

The CryptoPunk collection has sold 1279 ETH, or around $2.16 million in last 24 hours. CryptoPunks are a collection of 10,000 images tokenized as NFTs. According to CryptoSlam statistics, the volume of CryptoPunks NFT sales has increased by over 248% in the previous 24 hours as a result of a

August 2, 2022 1 min read
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