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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

Western Union’s Recent Trademark Filing Hints Crypto Foray

Western Union’s Recent Trademark Filing Hints Crypto Foray

Western Union submitted trademark applications for three products on October 18. It formed a partnership with Ripple in 2015 to settle remittance payments. According to trademark applications that Western Union submitted last week, the company may soon begin offering services related to cryptocurrencies. It’s the latest in a series of

October 26, 2022 1 min read
UK Passes Bill Recognizing Crypto as Regulated Financial Instruments

UK Passes Bill Recognizing Crypto as Regulated Financial Instruments

Last week, Prime Minister Liz Truss announced her resignation. The lower chamber of Parliament approved the bill. The economy of the UK has been in steady decline. Inflationary worries and the energy crisis are only two of many problems that the public has had to face recently. And in the

October 26, 2022 2 mins read
Israel’s TASE Stock Exchange to Launch Crypto Trading Platform

Israel’s TASE Stock Exchange to Launch Crypto Trading Platform

The creation of new kinds of tokenized digital assets will be the primary focus of the exchange. A paper outlining Tel Aviv’s blockchain-related goals from 2023 to 2027 was made available. As Israel’s only stock and debt marketplace, the Tel Aviv Stock Exchange (TASE) is planning to launch a blockchain

October 25, 2022 2 mins read
NEAR Protocol Announces Shut Down of USN Stablecoin

NEAR Protocol Announces Shut Down of USN Stablecoin

USN had been inadequately collateralized as per the NEAR Foundation. NEAR Protocol’s USN was an algorithmic stablecoin at launch but later switched. After exhibiting violent behaviors similar to those seen with TerraUSD, a cryptocurrency that dramatically crashed this year and cost investors billions of dollars, the NEAR Protocol stablecoin is

October 25, 2022 2 mins read
Crypto Staking Platform Freeway Ceases Withdrawal Services

Crypto Staking Platform Freeway Ceases Withdrawal Services

Freeway’s native token, FWT, plummeted by more than 77%. German crypto bank Nuri informed its 500,000 customers to withdraw their assets. The crypto sector has been shaken to its foundation by the present bear market. Freeway, a lesser-known crypto-staking platform, is the latest to cease withdrawal services due to recent

October 24, 2022 2 mins read
FTX CEO ‘SBF’ Clarifies Self-proposed Regulatory Standards

FTX CEO ‘SBF’ Clarifies Self-proposed Regulatory Standards

A Twitter user called the idea a “step backwards.”  Erik Voorhees said that the CEO was praising the OFAC. After the proposal for a legal framework for cryptocurrencies by FTX founder and CEO Sam Bankman-Fried (SBF) caused a stir earlier this week, he resorted to Twitter to try to quell

October 24, 2022 1 min read
UK FCA Continues Crackdown on Illegally Operating Crypto ATMs

Spain Climbs To Third Spot in Most Crypto ATMs in the World

Following the United States and Canada as the third nation with the most Bitcoin and cryptocurrency ATMs, one will find them in Spain. With 215 cryptocurrency ATMs, Spain has surpassed El Salvador, which only has 212, to become third in the world. According to research from CoinATMRadar, Spain is home

October 23, 2022 1 min read
Hacker Posts Phishing Ad on Twitter Account of Gate.io

Hacker Posts Phishing Ad on Twitter Account of Gate.io

Hacker promoted a giveaway of up to 500,000 USDT in incentives. Gate.io was able to reclaim control of its account and delete the fraudulent ad. Once again, cybercriminals are using social media for their own ends. This time they used the verified account of a well-known cryptocurrency exchange to promote

October 23, 2022 1 min read
Ethereum NFT Creators Earn $1.8B in Royalties as per New Report

Ethereum NFT Creators Earn $1.8B in Royalties as per New Report

The creators of Ethereum NFTs have earned $1.8 billion in royalties from their creations’ secondary sales on exchanges like OpenSea, according to a new analysis published by Mike Novogratz’s Galaxy Digital. Researchers Sal Qadir and Gabe Parker from Galaxy Digital discovered that the average royalty charge for NFT writers on

October 22, 2022 1 min read
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