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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

COTI Announces Significant $10 Million COTI V2 Airdrop Campaign

COTI Announces Significant $10 Million COTI V2 Airdrop Campaign

The leader in Web3 infrastructure, COTI, is thrilled to announce a major community rewards program. For its Native and ERC-20 $COTI holders, the platform will airdrop up to 40 million COTI V2 tokens, which are presently valued at almost $10 million.  There is a substantial and enthusiastic community of advocates

March 18, 2024 3 mins read
Solana-based Phantom Wallet Reportedly Experiences Outage

Solana-based Phantom Wallet Reportedly Experiences Outage

The popular Web3 wallet in the Solana ecosystem, Phantom Wallet, has allegedly gone down, adding to the spate of outages that have recently rocked the Solana blockchain network. Members of the Phantom Wallet and Solana communities have reported that the submitted transactions cannot be seen in the browser version of

March 18, 2024 1 min read
U.S FTC Investigates Reddit's Data Licensing Policies Amid IPO Preparations

U.S FTC Investigates Reddit’s Data Licensing Policies Amid IPO Preparations

A U.S Federal Trade Commission (FTC) investigation into Reddit’s data licensing policies for AI training has begun. In the midst of getting ready for its highly anticipated initial public offering (IPO), the firm is being investigated. A revised Form S-1 registration statement was filed with the U.S. SEC by Reddit

March 17, 2024 2 mins read
TEN, Encrypted Ethereum Layer 2 Network, Secures $9M Financing Led by R3

TEN, Encrypted Ethereum Layer 2 Network, Secures $9M Financing Led by R3

The $9 million USD financing round for TEN, an encrypted Ethereum Layer 2 network, is headed by the digital giant R3. The Ethereum Layer 2 roll-up platform TEN from Obscuro Labs addresses important scalability and encryption problems in blockchain applications. Since TEN’s founding, R3, a group of 42 of the

March 16, 2024 3 mins read
UK Court Freezes $7.6 Million of Assets Belonging to Craig Wright

UK Court Rules Against Craig Wright’s Claim of Being Satoshi Nakamoto

In a verdict handed out by British judge James Mellor on March 14, BitMEX Research revealed that Craig Wright was found not to be Satoshi Nakamoto, the anonymous developer of the Bitcoin network. In the case filed by the Crypto Open Patent Alliance (COPA) against Wright, an Australian computer scientist

March 14, 2024 2 mins read
Moondance Labs Raises $6 Million to Boost Tanssi Protocol Growth

Bitcoin Price Faces Correction Amidst Ongoing Bullish Momentum

Judgment against Craig Wright, who claims to have created Bitcoin, has been handed out by UK judge James Mellor, who has made an expected ruling. Now that the court has ruled that Wright is neither Satoshi Nakamoto, the inventor of the Bitcoin code, or the author of the BTC whitepaper,

March 14, 2024 2 mins read
Shiba Inu and CDSA Collaborate to Combat AI-Driven Challenges Using Shibarium

Potential Shiba Inu ETF Gains Momentum as Votes Surpass 6K

In a recent burst of innovation, the Shiba Inu community kept showcasing their efforts to improve the tokenomics of SHIB. In the middle of all this development activity, a possible SHIB ETF petition is slowly but surely garnering support from crypto market aficionados all across the world. The Shiba crypto

March 13, 2024 2 mins read
Polkadot (DOT) Faces User Exodus and Bearish Pressure

Bifrost Unleashes LoopStake: Simplifying Leverage Staking for Polkadot Ecosystem

At the Polkadot Asia developer conference Sub0, leading decentralized liquid staking protocol Bifrost announced the launch of LoopStake, a new Leverage Staking product. The cutting-edge product, which will be available on bifrost.app starting on March 13, is intended to provide consumers a one-click, easier method to increase the return on their staked

March 13, 2024 2 mins read
FCA Issues New Guidelines for Crypto Firms on Marketing Compliance

UK’s FCA Allows Crypto-Backed ETNs for Professional Investors

In a press release on Monday, the Financial Conduct Authority (FCA) of the United Kingdom confirmed that it will not oppose efforts by Recognised Investment Exchanges (RIEs) to establish a listed market segment for crypto asset-backed exchange-traded notes (ETNs). This move further confirms the growing institutionalization of crypto markets. Professional

March 11, 2024 1 min read
Bitcoin Yet Again Sets New All-Time High as Price Hits Over $72,000

Bitcoin Yet Again Sets New All-Time High as Price Hits Over $72,000

Today, bitcoin price reached a new all-time high of over $72,000. As per statistics from CoinMarketCap, the largest cryptocurrency reached a new peak of around $72,300. New spot bitcoin exchange-traded funds (ETFs) and expectations that the U.S Federal Reserve would soon reduce interest rates have likely pumped up BTC prices.

March 11, 2024 2 mins read
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