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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

Web3 Gaming Gets Major Boost as Immutable Teams Up With AWS

Web3 Gaming Gets Major Boost as Immutable Teams Up With AWS

With the growth of Amazon Web Services’ startup accelerator programs, the Web3 gaming platform Immutable has teamed with AWS to increase its choices for game makers. In a blog post published on October 10th, Immutable announced that Amazon Web Services (AWS) has accepted the company into its ISV (independent software

October 11, 2023 2 mins read
Israel and Palestine Conflict Likely to Shake Crypto Market Further

Israel and Palestine Conflict Likely to Shake Crypto Market Further

On Monday, cryptocurrency prices fell along with global equities markets and surging oil costs due to fresh unrest in the Middle East. On Monday, the violence between Israel and Hamas entered its third day. Oil prices seemed to be affected by traders’ speculation that the war may disrupt supplies if

October 10, 2023 2 mins read
Bitcoin Price Stabilizes Post Brief Retracement; Eyes Breakout

Bitcoin Price Consolidates; All Eyes on Upcoming U.S Inflation Data

Bitcoin’s growing preeminence over other cryptocurrencies such as Ethereum is highlighted by recent market statistics. Yesterday, there was a significant drop in the value of altcoins, which include all cryptocurrencies other than Bitcoin. As a result of this sell-off, ETH has hit fresh lows against Bitcoin. Since the beginning of

October 10, 2023 2 mins read
Bancor (BNT) Token Soars 50% Amidst Increased Trading Activity

Bancor (BNT) Token Soars 50% Amidst Increased Trading Activity

In reaction to the surge in trading activity, Bancor’s native token BNT has begun a compelling rally inside a parabolic trend. The price of BNT rose by more than 50% during this trend, from its 24-hour low of $0.4603 to a high of $0.6906. CMC data shows that Bancor’s trading

October 9, 2023 2 mins read
Base Network's TVL Soars 25% Surpassing $550 Million

Base Network’s TVL Soars 25% Surpassing $550 Million

The decentralized finance (DeFi) market has been very active over the last week. And much of the momentum can be attributed to Coinbase’s Layer-2 network Base. L2Beat reports that the Base network’s Total Value Locked (TVL) increased by 25.15 percent, in the previous week, to a total of $556 million.

October 9, 2023 1 min read
FIFA+ Collect and Modex Partner for Exclusive Digital Collectibles at FIFA Club World Cup 2023

Pudgy Penguins NFTs Witnesses Over 500% Surge in Trading Volume

Lately, there has been a massive increase in the trade volume of the Pudgy Penguins NFT collection. The 8,888 NFTs included in the Pudgy Penguins NFT collection on Ethereum are all unique in some way. Yesterday, the trading volume of Pudgy Penguins NFT rose by a whopping 530%. The value

October 8, 2023 1 min read
OpenAI CEO Criticizes US Government's Approach Towards Cryptocurrencies

OpenAI CEO Criticizes US Government’s Approach Towards Cryptocurrencies

In light of the United States government’s unfavorable position against Bitcoin and cryptocurrencies, OpenAI CEO and creator of the famous ChatGPT app Sam Altman has voiced his dismay and profound conce­rn publicly. According to Altman, this persistent stance reflects a government’s desire to assert control over a global currency that

October 8, 2023 1 min read
Shibarium Blockchain Achieves Remarkable 1 Million Blocks Feat

Shibarium Blockchain Achieves Remarkable 1 Million Blocks Feat

Investors have taken notice of a significant achievement by the Shibarium Network, a Layer-2 blockchain. ShibariumScan reports that the SHIB network has achieved 1 million blocks, marking a major milestone for the SHIB ecosystem as a whole. The need for effective and scalable solutions is also brought to light. The

October 7, 2023 1 min read
Binance Introduces UK Domain Eyeing Compliance With New Laws

Binance Introduces UK Domain Eyeing Compliance With New Laws

Crypto exchange Binance has introduced a new UK-specific domain. This action is a major step toward meeting the requirements of the revised Financial Promotions Regime in the United Kingdom. The FCA-authorized Rebuildingsociety.com Limited is now also a partner of the exchange. The two parties are working together to ensure that

October 7, 2023 1 min read
Canada Issues Preliminary Guidelines for Stablecoin Trading

Canada Issues Preliminary Guidelines for Stablecoin Trading

With an emphasis on stablecoins, the Canadian Securities Administrators (CSA) has offered guidelines to exchanges and cryptocurrency issuers on its preliminary approach to what it refers to as value-referenced crypto assets. Canadian provincial and territorial securities authorities issued a clarification on the possible trading of cryptocurrencies that peg their value

October 6, 2023 1 min read
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