Tue, April 23
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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

X21 Digital Leads $3 Million Seed Funding Round for Atomiq DeFi

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
U.S Federal Reserve Keeps Interest Rate Unchanged

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 Continues Buying Spree, Acquires 9,245 Bitcoin

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
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