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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

Thailand SEC Warns of Stricter Crypto Regulations Post FTX Fall

Thailand SEC Announces New Rules For Crypto Operators

The Securities and Exchange Commission (SEC) of Thailand is launching additional procedures concerning the operations of crypto operators as the cryptocurrency industry develops. According to reports, the Thai SEC is aiming to limit or prevent crypto operators from providing digital asset depository services and from paying out profits on customers’

September 15, 2022 2 mins read
Ethereum Energy Usage, the Carbon Footprint Down to 99.99%

Ethereum Merge and Testnets Now Supported by Cloudflare

Cloudflare controls 80% of the internet infrastructure industry. Cloudflare will stop using the Rinkeby signer in order to strengthen the network. Cloudflare, a company that provides a content delivery network and DDOS security, has announced its support of the Ethereum Merge, as well as its compatibility with the Sepolia and

September 14, 2022 2 mins read
Linux Foundation Launches Open Source Digital Wallet Initiative

Linux Foundation Launches Open Source Digital Wallet Initiative

The wallets developed under the OWF banner are supposed to be flexible. The Foundation backs several open source projects, including Linux, Kubernetes, etc. A new collaborative effort to produce open source software to facilitate interoperability for a broad variety of wallet use cases was launched by the Linux Foundation, and

September 14, 2022 1 min read
Blockchain Firm Amber Group Announces Employee Layoff

Blockchain Firm Amber Group Announces Employee Layoff

The business examines and modifies worldwide personnel every quarter. The corporation said that it intended to utilize the raised funds for future growth. Amber Group, a blockchain firm, plans to let off between 5 and 10 percent of its employees this year. From about 200 to 300 before the 2021

September 13, 2022 1 min read
Blockchain Division Head of GameStop ‘Matt Finestone’ Resigns

Blockchain Division Head of GameStop ‘Matt Finestone’ Resigns

The company is setting up a department to develop a marketplace for NFTs. The crypto trading platform FTX and the game firm announced their alliance last week. Cryptocurrencies are gaining traction all around the world. The cryptocurrency and blockchain communities are now obsessed with NFTs. Companies in previously unrelated sectors

September 13, 2022 1 min read
NFT Marketplace Magic Eden Offers Zero Royalty Option

Sports Brand Puma Forays into Metaverse and NFTs

NitroPasses may be “minted” for NFTs that are tied to real-world items. Puma’s biggest rival, Nike, has made about $185 million off its NFTs goods. One of the most popular sports brands in the world, Puma, introduced its first metaverse experience, “Black Station,” on September 7 at New York Fashion

September 12, 2022 1 min read
GoDaddy Being Sued by Ethereum Name Service (ENS) Team

GoDaddy Being Sued by Ethereum Name Service (ENS) Team

Manifold Finance revealed that it has acquired the domain name eth.link. The primary developer at ENS, Nick.eth, questioned the legitimacy of the transaction. A lawsuit was launched against GoDaddy, Dynadot, and Manifold Finance on Monday by Ethereum Name Service (ENS), the business behind .eth domain name. The lawsuit was launched

September 11, 2022 2 mins read
Instagram Influencer Jay Manzini Pleads Guilty in $8M BTC Fraud

U.S DOJ Sentences Man to 5 years of Jail For Crypto Scam

Joshua David Nicholas was the “Head Trader” for EmpiresX as per DOJ. The exchange was a scam that stole digital assets worth $100 million. Florida native Joshua David Nicholas pled guilty to defrauding investors of $100 million in digital assets via his participation in the cryptocurrency network EmpiresX. As a

September 11, 2022 2 mins read
U.S Authorities Recover $30M Worth Crypto of Ronin Bridge Hack

U.S Authorities Recover $30M Worth Crypto of Ronin Bridge Hack

News of the development was announced by Chainalysis. Crypto was stolen from the Ronin Network by Lazarus, a hacker outfit. Cryptocurrencies worth $30 million were recovered from hackers with ties to North Korea by U.S. authorities. News of the development was announced by Chainalysis, a blockchain data platform. Erin Plante,

September 10, 2022 1 min read
Kyber Network Deletes Attack Vector Responsible For Exploit

Kyber Network Deletes Attack Vector Responsible For Exploit

Attackers took control of the app’s front end by exploiting a weakness in the GTM script. Binance had identified two suspects and passed on the information. Kyber Network, a DEX, has announced that the attack vector responsible for last week’s vulnerability has been successfully found and deleted. Earlier, the platform

September 7, 2022 2 mins read