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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

Blockchain Sequencer Issue Causes Downtime for Polygon zkEVM

Blockchain Sequencer Issue Causes Downtime for Polygon zkEVM

A problem with the blockchain sequencer is causing downtime for the scaling solution for Ethereum layer-2 Polygon’s zero-knowledge Ethereum Virtual Machine (zkEVM), the team revealed recently. Polygon told its two million followers on twitter that the problem is exclusive to the zkEVM and would not affect any other chains that

March 25, 2024 1 min read
Toncoin (TON) Defies General Crypto Market Trend with Massive Rally

Toncoin (TON) Defies General Crypto Market Trend with Massive Rally

With a price surge from $3.32 to $5 in only one week, Toncoin demonstrated a sustained rebound, bucking the prevailing market slump. In addition to extending the recovery, this 40% rise broke above the previous swing resistance level of $4.58, giving buyers another reason to hold on. Last weekend, after

March 24, 2024 1 min read
White House Opposes FIT 21 Bill, Citing Inadequate Investor Protections

Analyst Anticipates Bitcoin Surge as GBTC Records Mere $170M Outflow

The shift in momentum regarding institutional Bitcoin outflows may have already taken place. New information from several sources, including the UK-based investment business Farside, indicates that on March 22, the Grayscale Bitcoin Trust (GBTC) witnessed outflow of a mere $170 million. There has been a net decrease in assets under

March 23, 2024 1 min read
Uniswap Labs Replies to SEC's Wells Notice, Argues Lack of Regulatory Authority

U.S SEC Chair Gary Gensler Yet Again Takes a Jab at Crypto Market

In his most recent jab at the cryptocurrency market, U.S SEC Chair Gary Gensler said that it could use some “disinfectant.” At Friday’s Columbia Law School conference, Gensler discussed the need and advantages of disclosures about climate and cyber threats, among others, in the financial markets. In the end, disclosures

March 23, 2024 1 min read
Worldcoin Teams Up with Malaysia's MIMOS to Advance Digital Proof of Humanity

Worldcoin Introduces Personal Custody Features for Data Privacy Control

With the announcement of Personal Custody features, the decentralized digital identity project Worldcoin led by Sam Altman has given users more control over the privacy of their data. Aiming to improve data privacy for all users and allay concerns about privacy worries voiced by several nations, Worldcoin announced additional features

March 22, 2024 2 mins read
Orbs Integrates Advanced dLIMIT and DCA Protocols into Sushi DEX

Mintlayer Unveils User-Friendly Staking Platform with Massive 198% APY

In an effort to make its staking program more user-friendly and accessible, Bitcoin L2 Mintlayer has announced an update to its user interface. Users may stake their ML tokens and receive rewards using Mintlayer’s streamlined staking program. It’s integrated with both its blockexplorer and Mojito wallet browser extension. With the release of

March 21, 2024 2 mins read
Kirill Volgin Leads Launch of Quest-Based Battler Game Pixelverse on Raiser.co

Kirill Volgin Leads Launch of Quest-Based Battler Game Pixelverse on Raiser.co

Pixelverse, a brand-new quest-based battler game being led by Kirill Volgin, the former CEO of StepApp, is almost ready to debut on Raiser.co. The Pixelverse playground’s alpha release is set for April, coinciding with the platform’s second launch, Pixelverse. Players may explore the gritty streets of Xenon, take part in

March 21, 2024 2 mins read
Investors Anticipate Steady Interest Rates Amid Mixed PCE Inflation Data

U.S Federal Reserve Keeps Interest Rate Unchanged

A decision to maintain unchanged interest rates has been made by the Federal Reserve. Based on this decision, the benchmark overnight interest rate will remain between 5.25% and 5.50%. The decision follows two years of vigorous monetary policy tightening by the Federal Reserve. The action was taken in reaction to

March 21, 2024 2 mins read
Bitcoin Mining Firm Bit Digital Posts $44.9M Profits in 2023

Bitcoin Mining Firm Bit Digital Posts $44.9M Profits in 2023

Bit Digital, a Bitcoin mining company, has reported profits of $44.9 million for 2023, an increase of 39% compared to 2022. According to Bit Digital, their earnings for 2023 were 1,507.3 BTC, up 21% from the previous year. At the current market pricing, the mining firm’s stated quantity of Bitcoin

March 20, 2024 1 min read
MicroStrategy Adds 11,931 Bitcoins Amid $800M Convertible Notes Sale

MicroStrategy Continues Buying Spree, Acquires 9,245 Bitcoin

With the closing of its offering of 0.875% convertible senior notes due in 2031 on March 18, 2024, MicroStrategy purchased another 9,245 BTC. The firm’s overall Bitcoin holdings have increased to 214,246 BTC, representing 1% of the 21 billion total Bitcoin supply, thanks to this substantial accumulation. As the news

March 19, 2024 1 min read
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