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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

Telegram Changes Privacy Policy to Disclose User Data to Authorities

Telegram Changes Privacy Policy to Disclose User Data to Authorities

Users of the messaging app Telegram are understandably worried about the recent changes it made to its privacy policy. Telegram will begin cooperating with appropriate authorities by disclosing user data in response to legitimate legal demands. When users break the rules of Telegram, CEO Pavel Durov said on September 23

September 24, 2024 2 mins read
Celsius Token Surges 300% in a Month After $2.5B Repayment to Creditors

Celsius Token Surges 300% in a Month After $2.5B Repayment to Creditors

The native token of the Celsius Network had a price spike of more than 300 percent in the month after the debut of its $2.5 billion repayment plan for over 250,000 debtors. The insolvent digital asset lender paid back around $2.53 billion to 251,000 creditors, according to a court document

September 24, 2024 1 min read
Ethereum Foundation's Ongoing ETH Selling Spurs Investor Concerns

Ethereum Foundation’s Ongoing ETH Selling Spurs Investor Concerns

The sale of 200 ETH by the Ethereum Foundation on Monday has roused investor fears throughout the world. Market observers are scratching their heads since the crypto is riding out negative waves in the industry as a whole. And on-chain data has shown that the selloff occurred via two transactions.

September 23, 2024 2 mins read
Brazil’s CBDC Pilot Enters Phase 2, Leveraging Blockchain and Oracles

Bank of Canada Slows Down Retail CBDC Development Amid Focus Shift

Updates on the Bank of Canada’s (BOC) website indicate that the central bank is halting development of CBDC for retail use. Although a wholesale CBDC was not mentioned in the statement, it was stressed that research was ongoing. Since the Bank of Canada has already spent a lot of time

September 21, 2024 2 mins read
SingularityDAO Expands DeFi Portfolio with Cogito Finance's Tokenized RWAs Integration

SingularityDAO Expands DeFi Portfolio with Cogito Finance’s Tokenized RWAs Integration

SingularityDAO, a decentralized portfolio management protocol and Cogito Finance have teamed to include Real World Assets (RWA) into their forthcoming AI-driven v2 DynaVaults, which will merge DeFi and TradFi by developing both compliant and cutting-edge onchain solutions. Tokenized RWAs from Cogito are backed 1:1 by the underlying asset and are issued as ERC-20

September 18, 2024 3 mins read
Flare Integrates with Dune to Enhance Blockchain Analytics and Community Insights

COTI Launches L2 Testnet with Strong Ecosystem Support Boosting Affordable Privacy Solutions

With a dozen ecosystem partners in place, confidential Layer 2 COTI launched its testnet. Among the partners supporting COTI’s scalable EVM network, which intends to provide web3 users with reasonably priced privacy solutions, are MyEtherWallet (MEW) and AnChain. Partnerships from a wide range of blockchain sectors, including those focused on DeFi, AI,

September 17, 2024 2 mins read
Suspicious $56.3 Million CryptoPunk NFT Sale Sparks Doubts

Overall NFT Sales Decline Amid Major Swings in Top Collections

Another decline in NFT market sales occurred during the last week, with a decline of 7.91% from the prior week. Both the number of buyers and sellers saw significant drops; the former fell by 73.46 percent and the latter by 61.18 percent from the previous week. According to DappRadar statistics,

September 14, 2024 1 min read
New York Red Bulls and Sports Illustrated Tickets Forge Historic Partnership with Avalanche Integration

Fhenix Integrates Celestia for Enhanced Data Availability and Confidentiality

Fhenix, a Fully Homomorphic Encryption (FHE) Layer 2 has announced the integration of Celestia as its data availability solution. Through the provision of reliable and decentralized data streams, Fhenix will facilitate the development of robust onchain apps with integrated privacy features for developers. Transaction data is accessible for download by anyone via Celestia’s modular

September 12, 2024 1 min read