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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

Justin Sun Led HTX Crypto Exchange Triumphs Over DDoS Attack

HTX Exchange Sees $258M Outflows Post-Recovery from Exploits

Following its recovery from a devastating attack, the HTX exchange led by Tron Founder Justin Sun has seen unprecedented net outflows of $258 million. Trading volume of $1.6 billion per day placed HTX, previously known as Huobi, in the top 20 crypto exchanges according to this metric. From November 25th

December 11, 2023 1 min read
Cathie Wood Led Ark Invest Sells $7.5M Worth Robinhood Stock

Cathie Wood Led Ark Invest Dumps Multiple Crypto Firms Shares

It was reported on December 8 that Ark Invest, which is managed by Cathie Wood, sold 335,860 shares of Coinbase (COIN) for $49 million. There were sales of 326,925 Coinbase shares by the ARK Innovation ETF (ARKK), 2,367 COIN shares by the ARK Next Generation Internet ETF (ARKW), and 6,568

December 9, 2023 1 min read
Ethereum Price Faces Brief Correction Post Recent Strong Rally

Ethereum Price Faces Brief Correction Post Recent Strong Rally

Whales now possess a larger share of Ether than a year ago, according to IntoTheBlock. Recent reports suggested a significant growth in the holdings of Ethereum whales. An increase from 32% in January to about 35% was shown by the figures. There has been a noticeable rising tendency over the

December 7, 2023 2 mins read
Orbs Integrates Advanced dLIMIT and DCA Protocols into Sushi DEX

IEEE Embraces Avalanche Blockchain for Boosting Tamper-Proof Credentialing System

With more than 426,000 members in over 160 nations, IEEE has a considerable worldwide influence. Through its publications, conferences, technological standards, and professional and educational activities, the organization is renowned for motivating a worldwide community. With more than 75,000 members, India is the country with the second-largest IEEE membership outside

December 7, 2023 2 mins read
DODO Launches DODOchain: Layer 3 Omni-Trading Blockchain for Cross-Chain Liquidity

Michael Jackson’s 1967 Studio Recording To Be Released on Blockchain

Releasing as a “digital vinyl” via a blockchain-based platform on December 7, the first-ever studio recording of the young legendary pop star Michael Jackson, which had been concealed for more than half a century, will be a landmark event. Anotherblock, a blockchain music platform, will digitally release the song “Big

December 6, 2023 1 min read
Bitcoin Futures Open Interest Surges Amid Price Rally to $52,300

Bitcoin Futures Open Interest on CME Witnesses Massive Uptick

The Chicago Mercantile Exchange (CME), a world leader in derivatives, has seen open interest in Bitcoin futures approach $5.2 billion, just $200 million short of the record high set in late October 2021. According to statistics compiled by Coinglass, the open interest in Bitcoin futures offered by CME has increased

December 6, 2023 2 mins read
Robinhood Appoints AI Expert Jeff Pinner as New CTO

Robinhood Crypto Trading Volume Surges by 75% in November

The total volume of crypto trading on Robinhood increased 75% month-on-month in November. On December 4th, Robinhood reported in a Form 8-K filing with the U.S SEC that the crypto notional trading volumes for November were over 75% higher than the levels seen in October 2023. Despite this activity, trading

December 5, 2023 1 min read
Strong U.S Job Market Growth Surpasses Analyst Expectations

Institutional Investors Bullish on Bitcoin as per Bybit Research

New data from Bybit Research suggests that institutional investors are suspicious about altcoins, have mixed feelings about ether, and are positive on bitcoin. Institutional investors almost doubled their Bitcoin (BTC) holdings in the first three quarters of 2023. Due to bullish market mood and the expectation that the U.S. SEC

December 4, 2023 1 min read
Crackdowns expose global crypto scams in Vietnam and Hong Kong

Hacker Targets Safe Wallet Users Via Address Poisoning Attacks

The number of victims for a crypto hacker who specializes in “address poisoning attacks” has risen to 21. Moreover, in the last week alone, they have stolen almost $2 million from Safe Wallet customers. About 10 Safe Wallets lost $2.05 million due to poisoning assaults that occurred between November 26

December 4, 2023 1 min read
Bitcoin Eyes Breaking Above $39,000 as Bulls Still in Control

Bitcoin Eyes Breaking Above $39,000 as Bulls Still in Control

The price of bitcoin has been rising sharply, and it is already approaching the $39,000 threshold. A major contributor to this gain is the recent Binance settlement. At first, the market experienced conflicting signals from the $4.3 billion settlement that Binance reached with the US DOJ. However, the market witnessed

December 2, 2023 2 mins read