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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

Cardano Co-Founder Criticizes US Crypto Policies, Calls for Electoral Influence

Charles Hoskinson Points Critical Drivers for Cardano’s Sustainability

Activating decentralized governance, the treasury, and partner chains are crucial catalysts for achieving blockchain sustainability, according to Cardano’s founder Charles Hoskinson. In response to a previous article on X, the founder of Cardano provided these important factors that would ensure the blockchain’s long-term viability. In order to make Cardano more

April 1, 2024 1 min read
Peter Schiff Mocks Bitcoin Slump, Hails Gold’s Rise as Validation

Peter Schiff Continues to Criticize Bitcoin Despite Recent Performance

Bitcoin (BTC) is more appealing to young people than gold, according to renowned crypto skeptic and businessman Peter Schiff, since it is more likely to see growth during their “short lifetimes.” It has become more clear that Bitcoin is a superior asset than more conventional ones, such as gold. The

April 1, 2024 2 mins read
Mysterious Blockchain Sophon Raises $10M from Top Investors

Mysterious Blockchain Sophon Raises $10M from Top Investors

Paper Ventures and Maven11 spearheaded mysterious blockchain Sophon’s successful $10 million fundraising campaign. Notable companies like Spartan, SevenX, OKX Ventures, and Huobi Ventures contributed to the investment round. The specifics of what Sophon involves are still mostly unclear, having only been mentioned in a small number of tweets so far. The

March 30, 2024 1 min read
New Horizen's Web3 Modular Proof Verification Chain Launches on Testnet

New Horizen’s Web3 Modular Proof Verification Chain Launches on Testnet

We are thrilled to report that Horizen has successfully deployed our proof verification chain on the testnet, marking a significant milestone. With this substantial advancement, the Horizen ecosystem enters a new phase where our goal is to redefine blockchain efficiency. Background Narrative In the modular blockchain stack, Horizen is innovating

March 29, 2024 2 mins read
Spot Ethereum ETF Decision Looms as SEC's Deadline Draws Near

Fidelity Files S-1 Form for Spot Ethereum ETF With the U.S SEC

A major participant in the asset management industry, Fidelity Investments oversees $4.5 trillion in assets and has just taken a bold decision. A Spot Ethereum Exchange-Traded Fund (ETF) application was filed by the firm with the US SEC using an S-1 form. In their Wednesday filing, Fidelity hinted that they

March 28, 2024 2 mins read
DeFi Protocol Unstable Raises $2.5M, Eyes LRTfi Sector Development

DeFi Protocol Unstable Raises $2.5M, Eyes LRTfi Sector Development

Unstable Protocol is working to revolutionize the rapidly growing Liquid Restaking Token Finance (LRTfi) space, having raised $2.5 million in its most recent seed investment round. Several ETH-aligned funds, including Lattice, Laser Digital (Nomura Group), Blockchain Founders Fund, Assouline Ventures, Agnostic Fund, Artichoke Capital, Black Edge Capital, NewTribe Capital, and

March 27, 2024 2 mins read
DeFi TVL Hits $192B in May, Despite 21% Drop in Active Wallets

Exponential.fi ‘State of DeFi’ Report Reveals Key Insights for Crypto Investors

The most recent signs point to both growth and a radical change. The market’s current maturation towards logic, efficiency, and increased risk awareness is in line with the growing interest in DeFi returns. “The State of DeFi” report from Exponential, an investment platform for crypto holders has shed light on

March 27, 2024 4 mins read
ESMA Finalizes MiCA Report, Begins Third Consultation Phase

ESMA Finalizes MiCA Report, Begins Third Consultation Phase

As a penultimate step toward creating a well-structured and secure ecosystem for crypto assets in the EU, the European Securities and Markets Authority (ESMA) has released its final report on Markets in Crypto Assets (MiCA) legislation. Along with the release of this important report, ESMA will launch its third consultation

March 26, 2024 2 mins read
ZKsync Developer Matter Labs Cuts 16% of Workforce as Strategy Shifts

zkSync Era Highlights Impressive Achievements on First Anniversary

The zkSync Era Ethereum Layer-2 scaling protocol has celebrated its one anniversary by showcasing its accomplishments in the last year of competing in the L2 arena. Using the twitter platform, the protocol said that since its inception on March 24, 2023, it has made many advancements, including delivering the ZK

March 25, 2024 1 min read
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