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

PriveX and COTI Join Forces to Launch First Intent-Based Privacy Perpetuals DEX

COTI, the leading provider of Ethereum’s fastest and lightest confidentiality layer, is pleased to announce a strategic cooperation with PriveX, the first intent-based privacy perpetuals DEX. PriveX has integrated COTI’s state-of-the-art privacy-preserving Layer 2 technology into its platform to guarantee a smooth, safe, and fair trading experience in addition to secure, confidential transactions.

September 5, 2024 2 mins read

Former Mt. Gox CEO to Launch New Crypto Exchange This Month

During an interview at the Korea Blockchain Week event in Seoul, South Korea, crypto entrepreneur Mark Karpeles—former CEO of Mt. Gox—said that he plans to launch his new cryptocurrency exchange later this month with an emphasis on transparency and user-friendliness. Using Poland as its hub, the soon-to-be platform EllipX will

September 4, 2024 2 mins read

US Spot Bitcoin ETFs See $288M Net Outflows Amid Market Selloff

Tuesday was the latest day of negative flows for U.S. spot bitcoin exchange-traded funds. On Tuesday, the 12 spot bitcoin ETFs had net withdrawals of $287.78 million. The most negative flows since May 1, according to data from SosoValue. The biggest bitcoin exchange-traded fund (ETF) by net assets, IBIT, which

September 4, 2024 1 min read

Ex-Chinese Finance Minister Warns of Crypto Risks Amid US Policy Shift

FAssets Open Beta Now Supports Bitcoin Boosting TestBTC Holders Participation

We are happy to inform that TestBTC may now be bridged to Flare Coston using FAssets, developed by Flare Labs. The following functionalities are now available to users at https://fasset-beta.flarelabs.org: With the addition of FBTC compatibility to Bifrost Wallet, TestBTC holders may now participate easily. The most recent asset added to the

September 4, 2024 2 mins read

Supreme Court Calls Bitcoin Trading a Modern Hawala System

Nigerian Court Reschedules Trial of Detained Binance Executive

As the cryptocurrency sector anxiously awaits a verdict, the Nigerian court has rescheduled the trial of Tigran Gambaryan, a former US federal agent and executive of crypto exchange Binance, until September 2. Later afternoon, the most recent court hearing involving Gambaryan will begin. The executive of Binance was taken into

September 2, 2024 2 mins read

Metaplanet and SBI Group Collaborate to Boost BTC Custody and Trading

On Monday, Metaplanet Inc., announced a strategic alliance with SBI Group, a partner of Ripple Labs, the industry leader in cryptocurrency payments. The Bitcoin trading, custody, and management collaboration between Metaplanet and SBI VC Trade has begun. This is an exciting step toward the widespread use of cryptocurrencies and future

September 2, 2024 2 mins read

XRP Fund Hits $140M Milestone as Institutional Demand Surges

Ripple (XRP) Price Nears Key Support at $0.55 Amid Decline

The price of XRP dropped amid Ripple releasing 1 billion tokens from escrow. By implementing a strategy to manage the token supply over the long term, this measure seeks to increase market transparency and predictability. The market’s rapid reaction made investors understandably apprehensive, notwithstanding this objective. On September 1st, Ripple

September 1, 2024 1 min read

Cardano (ADA) Price Faces Uncertainty Amid Bear Dominance

Cardano (ADA) Price Declines Ahead of Anticipated Chang Hard Fork

The founder of the Cardano blockchain, Charles Hoskinson, has declared his intention to establish a decentralized social media platform in Brazil. X, formerly known as Twitter, and the country’s judicial system are increasingly at odds, prompting this action. The X platform was recently prohibited in Brazil as a result of

September 1, 2024 1 min read

Latest Report Reveals 7.51% of Global Population Now Uses Crypto

Investors Brace for US Employment Data Amid Fed Rate Speculation

Next week’s key events, such as US employment statistics, are keenly anticipated by the crypto market. As the employment numbers would solidify bets on the anticipated Fed rate cuts, they would be one of the most eagerly awaited pieces of data for next week. Additionally, it would affect the future

September 1, 2024 1 min read

On-Chain Adoption Hit All-Time High in 2024, What’s Next for 2025?

Singapore Tops Global Crypto Adoption Index, Followed by Hong Kong

A survey found that among countries throughout the world, Singapore has the highest rate of cryptocurrency adoption. With Hong Kong and the UAE following closely behind. Researching the current status of cryptocurrency adoption across nations, the Henley Crypto Adoption Index 2024 was published by the investment migration consulting company Henley

August 31, 2024 2 mins read