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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

OKX Hit by API Malfunction, Users Report Fluctuating Balances

OKX Forays Into Argentina’s Crypto Market After Brazil Debut

As part of its continuous plan to pursue the Latin American market, crypto exchange OKX has announced its launch into Argentina. This comes after its official debut in Brazil at the end of 2023. It was recently revealed by OKX that its crypto exchange platform, self-custody wallet, and the ability

February 11, 2024 1 min read
ADGM and Solana Foundation Forge Partnership to Drive DLT Growth

ADGM and Solana Foundation Forge Partnership to Drive DLT Growth

With the goal of promoting the growth of DLT, Abu Dhabi Global Market (ADGM) and the Solana Foundation have inked a memorandum of agreement. Although no concrete actions were announced, the partners are going to explore potential avenues for growth within the framework of ADGM’s DLT Foundations Regulations. According to

February 9, 2024 2 mins read
Orby Network Unveils Interest-Free Borrowing with Launch of First Cronos Stablecoin

Orby Network Unveils Interest-Free Borrowing with Launch of First Cronos Stablecoin

The Cronos-based cryptocurrency lending protocol Orby Network has made interest-free $USC borrowing available. Because of this, borrowing Orby’s native stablecoin over the Cronos network for decentralized finance objectives is possible without having to pay exorbitant or variable interest costs. On the Cronos EVM blockchain, Orby is one of the most popular contemporary

February 8, 2024 2 mins read
Kresus Crypto Wallet Offers a Hassle-Free Solution for NFTs Storage via Sotheby's Metaverse

Kresus Crypto Wallet Offers a Hassle-Free Solution for NFTs Storage via Sotheby’s Metaverse

Digital art enthusiasts may now easily and securely buy and store NFTs in one place using Web3 SuperApp Kresus, a supported digital wallet option via Sotheby’s Metaverse. Through Sotheby’s Metaverse, collectors may now purchase digital artworks and save them simply using the Kresus smartphone application. Sotheby’s Metaverse, which debuted over three years

February 8, 2024 2 mins read
Bakkt Warns of Financial Strain, Contemplates Public Securities Offering

Bakkt Warns of Financial Strain, Contemplates Public Securities Offering

Launched with backing from the Intercontinental Exchange (ICE), crypto firm Bakkt has now issued a warning that it may not have sufficient funds to be operational for the next twelve months. Bakkt cautioned that it could “not be able to continue as a going concern” in a section on risk

February 8, 2024 2 mins read
Solana Succumbs to Bearish Pressure Amidst Recent Outage Saga

Solana Succumbs to Bearish Pressure Amidst Recent Outage Saga

Solana (SOL) had a positive month in terms of network activity, gaining a large number of users. But bears continued to exert pressure on the token’s price trajectory during this time. A major outage affected the Solana blockchain network on February 6th, keeping the network inoperable for about 5 hours.

February 7, 2024 2 mins read
SEC Approves New Regulations, Targets Crypto and DeFi Oversight

SEC Approves New Regulations, Targets Crypto and DeFi Oversight

On February 6, the U.S SEC established new regulations that would expand its registration requirements, encourage more market players to become members of a self-regulatory group, and ensure compliance with federal securities laws and regulations. Crypto and decentralized finance (DeFi) may be subject to further regulation under the new laws.

February 7, 2024 2 mins read
Crypto Funds Weekly Inflows Reach $2.5B, Ether Tops Altcoin Investment

Bitcoin Breaks Above $43K Threshold Amidst Prolonged Consolidation

Crypto asset management company CoinShares stated that institutional crypto products had net inflows for the first time in three weeks in their most recent report. Following a precipitous drop of $500 million the week before, investors flooded the crypto market with $708 million last week. The most recent data shows

February 7, 2024 2 mins read
EigenLayer seen 307% surge, ranks 4th among restaking protocols

EigenLayer Temporarily Lifts Staking Cap, Witnesses $1B Surge in TVL

EigenLayer, an Ethereum-based liquid restaking protocol, temporarily lifted its staking cap 14 hours ago, and since then, the total-value locked (TVL) has increased by a whopping $1 billion. In an effort to “invite organic demand” to the network, EigenLayer stated on February 5 that it will temporarily remove its 200,000

February 6, 2024 1 min read
Trust Wallet Sets New Standards with ISO 27001 and ISO 27701 Certifications

Trust Wallet Sets New Standards with ISO 27001 and ISO 27701 Certifications

The leading cryptocurrency wallet, Trust Wallet, stated today that it has received the highly sought-after ISO 27001 and ISO 27701 certifications for privacy information management and information security governance. As the first web3 wallet to obtain both the ISO 27001 and ISO 27701 certifications, Trust Wallet is acknowledged as a

February 5, 2024 1 min read
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