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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

Orbs Integrates Advanced dLIMIT and DCA Protocols into Sushi DEX

Orbs Joins Forces With Axelar Network to Offer Cross-Chain Token Swaps

Orbs, a Layer-3 infrastructure network for decentralized applications,  has teamed up with Axelar Network to provide users an easy and secure option to bridge their ORBS tokens to other popular blockchains like Ethereum and BNB Chain. Previously, ORBS tokens could be bridged on other networks thanks to the Multichain cross-chain protocol. However, after “unusual

August 14, 2023 2 mins read
Zunami Protocol Reportedly Hacked for Over $2.1 Million

Zunami Protocol Reportedly Hacked for Over $2.1 Million

After experiencing an assault on its “zStables” pools on Curve Finance, Zunami Protocol has warned users not to purchase any of its Zunami Ether (zETH) or Zunami USD (UZD) stablecoins. Please do not buy zETH and UZD at the moment, their emission has been attacked. — Zunami Protocol (@ZunamiProtocol) August

August 14, 2023 1 min read
FLOKI Price Nears Strong Resistance; Potential Breakout Likely?

FLOKI Price Nears Strong Resistance; Potential Breakout Likely?

The FLOKI Community is excited over the recent update. The FlokiFi Locker has been deployed on the opBNB testnet as per the recent update by the team. By providing cheaper fees and better throughput, opBNB from BNBchain is a high-performance layer-2 solution that liberates its full potential. By making its

August 12, 2023 2 mins read
Paris Hilton's Slivingland Metaverse Experience Debuts on Roblox

Paris Hilton’s Slivingland Metaverse Experience Debuts on Roblox

Slivingland, a metaverse experience created by Paris Hilton’s 11:11 Media, has recently been released on the online gaming platform Roblox. The developers of Roblox are banking on Hilton’s massive social media following (70 million users) to use and cherish the venue. Hilton, in 2019, invented the phrase “slivingland” by merging

August 12, 2023 1 min read
Beyond Investing: Unlocking Passive Income with TokenCoin

Bitcoin Mining Firm Riot Platform Posts Q2 Net Loss of $27.7M

Riot Platforms, a Bitcoin mining company headquartered out of Colorado, cut its quarterly net loss to $27.7 million as it increased Bitcoin output and hit record hash rate capacity. A 27% year-over-year rise in Bitcoin output, although being somewhat offset by a fall in Bitcoin prices, led to the cryptocurrency

August 10, 2023 1 min read
Aave’s Earning Farm Exploited of $287K in Reentrancy Attack

Aave’s Earning Farm Exploited of $287K in Reentrancy Attack

On August 9, PeckShield, a blockchain security company, announced new vulnerabilities affecting DeFi initiatives. The company claims that a reentrancy assault affected Aave’s Earning Farm, leading to the loss of at least $287,000 in Ether. A reentrancy attack occurs when an attacker repeatedly submits and withdraws a money request in

August 10, 2023 1 min read
Circle Launches New Programmable Web3 Wallet Platform

Circle Launches New Programmable Web3 Wallet Platform

Circle Internet Financial, the firm behind the USDC stablecoin, launched a new programmable web3 wallet platform on Tuesday with the goal of assisting companies in accepting digital-asset payments from clients. Users may transfer, receive, and store cryptocurrencies such as Circle’s USDC stablecoin and non-fungible tokens (NFTs) via “programmable wallets” that

August 9, 2023 1 min read
Bitstamp Secures MTF License, Eyes Crypto Derivatives Offerings in EU

Bitstamp Halts Trading of Seven Cryptos in U.S. Amid SEC Regulations

U.S. consumers will soon no longer be allowed to engage in trading in seven cryptocurrencies, according to the notice made on August 8. This is possibly due to recent regulatory updates by the U.S SEC. Beginning on August 29th, Bitstamp will no longer allow users in the United States to

August 9, 2023 1 min read
Tether's CTO Discusses Impact Post PayPal's Stablecoin Launch

Tether’s CTO Discusses Impact Post PayPal’s Stablecoin Launch

Paolo Ardoino, CTO of Tether, gave his thoughts on PayPal’s stablecoin launch. In terms of market cap, Tether (USDT) is the biggest stablecoin. Ardoino maintained that the most recent PYUSD maneuver would not threaten their preeminence. According to Ardoino, this is because PayPal’s stablecoin (PYUSD) was introduced in the United

August 8, 2023 1 min read
Cypher Protocol Hit by $1 Million Attack; Freezes Smart Contract

Cypher Protocol Hit by $1 Million Attack; Freezes Smart Contract

A $1 million estimated attack caused Solana-based Cypher Protocol, a decentralized futures exchange, to suspend its smart contract. On August 7th, Cypher tweeted its users to let them know that the platform had encountered a security breach and had temporarily disabled its smart contract. The group has also reached out

August 8, 2023 2 mins read
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