Tue, November 19
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Mohamed Faisal

A trader himself, Rossi has 7 years of experience trading in the forex market and the passion for writing has brought him to Newscrypto. He is the perfect combination of market knowledge and writing skills, making him one of the most sought-after writers on cryptocurrency.

Posts by Mohamed Faisal

Intel Announces Discontinuing Bitcoin Mining Chips Launched Last Year

Bitcoin Mining Firm Bitdeer Gets Listed on Nasdaq Post SPAC Deal

Bitdeer, a cryptocurrency miner based in Singapore, is completing a SPAC merger with Blue Safari Group Acquisition Corp. and plans to go public on April 14. The former had announced that it would begin trading on Nasdaq in November of 2021. Due to the challenging conditions brought about by the

April 14, 2023 1 min read
Fugitive Thodex Exchange Founder Extradited Back to Turkey From Albania

Decentralized Marketplace OpenBazaar Planning Relaunch

After being taken down for more than two years, the decentralized crypto marketplace OpenBazaar looks to be making a return, as shown by a series of posts on social media and GitHub.  A new version of the marketplace, which was shut down in 2020, has been in development since at

April 14, 2023 1 min read
Staked ETH Withdrawal on Binance To Commence From April 19

Staked ETH Withdrawal on Binance To Commence From April 19

Users who staked ether (ETH) on Binance may now redeem their coins using their BETH holdings at a 1:1 ratio beginning on April 19 at 08:00 UTC, the exchange stated on Thursday. The Shapella hard fork, also known as the Shanghai upgrade, was executed on the Ethereum blockchain recently, allowing

April 13, 2023 1 min read
Skybridge CEO Anthony Scaramucci Backs Bitcoins as Commodity

Argentine Regulator Approves Matba Rofex To Offer BTC Index Futures Contracts

The Argentine public’s enthusiasm for Bitcoin and other cryptocurrencies has been on the rise as of late. The National Commission of Value (CNV), Argentina’s securities regulator, has given the green light to local exchange Matba Rofex to begin trading regulated Bitcoin index futures contracts. Furthermore, locals may now speculate on

April 13, 2023 2 mins read
Hong Kong Warns of Tight Regulation Alongside Crypto-friendly Approach

Hong Kong SFC Proposes Strict Regulation Governing DeFi Sector

Hong Kong is a global leader in the areas of crypto, web 3.0, and decentralized finance. The special administrative region’s goals and policies are consistent with its vision of becoming a technological center. ZA Bank, a regional institution, recently announced that it will support fiat and cryptocurrency transactions and provide

April 12, 2023 2 mins read
AI

Chinese Tech Giant Alibaba Forays Into AI Race With ChatGPT Rival

Tongyi Qianwen, which translates to “truth from a thousand questions,” is an AI language model that is capable to write invitation letters, organize vacations, and provide beauty product recommendations to buyers. The AI language model has been launched by Chinese tech giant Alibaba. Initially, Tongyi Qianwen will be included in

April 12, 2023 2 mins read
Cross-chain AMM ‘Symbiosis’ Integrates Layer-2 Scaling Protocol zkSync

Cross-chain AMM ‘Symbiosis’ Integrates Layer-2 Scaling Protocol zkSync

To increase throughput and decrease transaction costs for token swaps, Cross-chain automated marker maker Symbiosis has integrated the layer-2 scaling protocol zkSync. In March 2022, the DEX (decentralized exchange) went live. It offers single-sided stablecoin pools that allow liquid suppliers to incur zero impermanent loss. It also allows users to

April 11, 2023 1 min read
Stars Arena Exploited of $2.88 Million Worth AVAX Token

Etherscan Adds New Security Feature To Counter Address Poisoning Attacks

Etherscan, one of the most popular Ethereum blockchain explorer, has recently implemented modifications that make it the default to conceal transfers of tokens with zero value. This follows claims of widespread “address poisoning” assaults, which have been used to phish and spam individuals who weren’t expecting it. With this change,

April 11, 2023 2 mins read
Liquid Staking Platform Lido Enables Staked ETH Withdrawals

689 ETH Worth $1.28M Paid to Lido From Single MEV-Boost Relay

One of the highest rewards in recent times, 689 Ether worth $1.28 million, was awarded from a single Maximal Extractable Value (MEV)-boost relay block on the Ethereum Beacon Chain. According to information gleaned from blockchain transactions, Lido was compensated for its efforts in block 17007842 of the Beacon Chain, which

April 10, 2023 2 mins read
Ledger Live app Announces Support for dYdX chain and DYDX token

Crypto Exchange dYdX Announces Exiting Canadian Market

In preparation for leaving the Canadian market, cryptocurrency derivatives exchange dYdX has stated that it would be banning user accounts from Canadian residents from the next week. As part of “winding down services,” dYdX announced on April 7 that it will stop accepting new Canadian customers. On April 14th, all

April 8, 2023 1 min read