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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

Indian Police Bust $3.92 Million Crypto Scam; Arrest Two Suspects

2 Engineers in India Lose 43 Lakh INR ($52,054) to Crypto Fraud

Two Cuttack engineers have reportedly been scammed out of 43 lakh INR ($52,054) by crypto investment fraudsters. The two engineers from the Purighat and CDA regions reportedly lost money after investing in a fraudulent website. Both of these regions are located in Cuttack, Odisha, India. The victims have filed a

July 10, 2023 2 mins read
Binance Japan Accepts New Users Amid Regulatory Shifts

Users Buying Cryptocurrencies at Huge Discounts on Binance U.S

There is a discount of around $2600 and $150, respectively, on the global spot price of Bitcoin and Ethereum, which are now trading near $27,500 and $1700 on the Binance U.S exchange. Following the US SEC lawsuit and the suspension of USD deposits and withdrawals, USDT has remained depegged to

July 10, 2023 1 min read
Recent Multichain Exploit Linked to Internal Rug Pull by Chainalysis

Multichain Pauses Operations Post $122M Fantom Bridge Outflow

It seems that a multi-million dollar exploit was perpetrated on the Multichain bridge on Thursday, July 6. A statement from the Multichain protocol said that they will be temporarily pausing their operations. According to estimates, multi-chain assets on the cross-chain protocol Multichain worth a total of over $125 million outflowed

July 7, 2023 1 min read
Blockchain Week

Hashed Emergent to Launch India’s Inaugural “India Blockchain Week (IBW)” Conference

Hashed Emergent is thrilled to sponsor a flagship conference in a week-long series of web3-centered events in Bangalore, the epicenter of India’s innovation and startup ecosystem, dubbed the “Silicon Valley of the East.” The new event, India Blockchain Week (IBW), seeks to establish itself as India’s first multi-chain web3 conference

July 6, 2023 3 mins read
Hong Kong Scholars Propose HKD Stablecoin Backed by Government

Hong Kong Scholars Propose HKD Stablecoin Backed by Government

Hong Kong University of Science and Technology Vice President Cai Wensheng proposed the HKD stablecoin on July 4. The Hong Kong government did not support a similar policy suggestion offered by Wang Yang, Lei Zhibin, and Wen Yizhou. The scholars want to create a stablecoin for the local currency that

July 5, 2023 1 min read
UK Law

UK Law Enforcement Can Seize Crypto Assets Linked to Criminals

After the House of Lords adopted the Economic Crime and Corporate Transparency Bill on Tuesday, British law enforcement will have new options for seizing and freezing offenders’ crypto holdings. While the bill as a whole was amended during previous sessions to ensure its provisions applied in cases of terrorism and

July 5, 2023 2 mins read
Crypto ATMs Installed Globally Surge 17.8%, Closing in on Record High

Crypto ATM Firm Bitcoin Depot Finally Debuts on Nasdaq

Crypto ATM firm Bitcoin Depot had its public debut on the Nasdaq stock market today. A merger with GSR II Meteora, a blank check firm, was announced last week. At the time of writing, shares of Bitcoin Depot (BTM) were trading on the Nasdaq for $3.61. The price increased significantly

July 4, 2023 2 mins read
NFT Market Slump: Bored Ape Floor Price Hits Two-Year Low

NFT Market Slump: Bored Ape Floor Price Hits Two-Year Low

As more and more famous people began investing in NFTs, Yuga Labs’ projects began to take shape. The value of these tokens skyrocketed, specifically BAYC reaching a peak minimum price of 152 ETH which is approx. $429,000 in April of last year. There has been a slowdown in the NFT

July 4, 2023 1 min read
Ubisoft Launches Web3 Game; Champions Tactics: Grimoria Chronicles

Ubisoft Launches Web3 Game; Champions Tactics: Grimoria Chronicles

Ubisoft, the creator of Assassin’s Creed and Just Dance, was an early adopter of blockchain technology among major traditional game companies and has persisted in doing so. A new Web3 game from the developer has been revealed. A new PC game called Champions Tactics: Grimoria Chronicles was revealed late last

July 3, 2023 2 mins read
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