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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

Michael Saylor Issues Warning on Rising Bitcoin Frauds

Michael Saylor Reveals Work Email Integrated With Bitcoin Lightning Address

Bitcoin advocate and MicroStrategy co-founder Michael Saylor now uses a business email account connected to the Bitcoin Lightning Network. A snapshot of certain Bitcoin transactions received to “saylor@microstrategy.com” in the form of Satoshis or “Sats,” the lowest denomination of Bitcoin, was posted by the company’s co-founder with his 3 million

April 18, 2023 1 min read
Shiba Inu

Whale Transfers 3.48 Trillion SHIB Worth $40.2M To Unidentified Wallet

As the price of Bitcoin (BTC) skyrocketed recently, Shiba Inu, the second biggest meme crypto, saw a little comeback. However, since Binance, the biggest cryptocurrency exchange in the world, chooses to enhance its listing, SHIB’s price might experience a significant increase. Contrarily, crypto whales have been recorded transacting billions of

April 17, 2023 2 mins read

Multi-chain Lending Protocol Hundred Finance Exploited of $7.4M

On Saturday, the multi-chain lending protocol Hundred Finance said that it had been hacked on the Ethereum layer-2 blockchain Optimism, losing almost $7 million in the process. The protocol team has warned against speculation until an official statement has been released detailing the findings of the post-mortem they are doing

April 17, 2023 2 mins read
SHIB Investor Makes Whopping $2M: Lookonchain Data

Crypto Analyst Predicts Bullish Momentum For Shiba Inu (SHIB)

On Friday, renowned cryptocurrency researcher Crypto Rand tweeted that the SHIB, meme coin wants to burst out. The analyst released a screenshot of a chart that indicates the popular meme currency has completed the Falling Wedge pattern many times since August of last year. Eyes on $SHIB 🐶 it's looking

April 16, 2023 2 mins read
Twitter Rival With Relaxed Filtering ‘Parler’ Acquired and Shut Down

Twitter Rival With Relaxed Filtering ‘Parler’ Acquired and Shut Down

According to a statement released on Friday, the new owners of Parler, a social networking app with lax content filtering that favored conservatives, have decided to shut it down. The app was purchased by Starboard, previously known as Olympic Media, a digital media firm. The removal of Parler from major

April 16, 2023 1 min read
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