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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

Meta CEO Mark Zuckerberg Reveals Updates to Horizon World

Meta CEO Mark Zuckerberg Reveals Updates to Horizon World

Individuals criticized the announcement of Horizon Worlds’ release in Spain and France. Meta has been receiving flak for the substantial investments it has made. Mark Zuckerberg, CEO of Meta, a social networking and virtual reality firm, has announced updates coming to Horizon Worlds, the firm’s metaverse-focused app. Mark Zuckerberg recently

August 23, 2022 1 min read
Shiba Eternity P2E Game To Be Presented at Gamescom Expo

Shiba Eternity P2E Game To Be Presented at Gamescom Expo

Notable dates for the 2022 Gamescom include August 24th through the 28th. In 2018, the event attracted 370,000 attendees and included 1,037 exhibitors. William Volk, a Shiba Inu game consultant, has announced his attendance at Gamescom, the biggest video game trade expo in the world. Recently, Volk announced on Twitter

August 23, 2022 2 mins read
South Korea Is Delving Into Crypto Exchanges to List Native Tokens

South Korea Levies Significant Gift Tax on Crypto Air Drops

Free transfer of assets is considered a “gift” under the Inheritance and Gift Tax Act. In South Korea, a gift tax must be paid on any asset with a monetary value. A new gift tax on airdrops for crypto assets is reportedly being considered by the Ministry of Strategy and

August 22, 2022 2 mins read
US Authorities to Probe Binance’s Involvement in the FTX Demise

Binance CEO CZ Speaks About Trading Jitters on Exchanges

The crypto community on Twitter concluded that CZ was making a jab at FTX. SBF said he would be willing to collaborate with the FDIC in the future. When Binance’s CEO, Changpeng “CZ,” Zhao, heard about the widely publicized problem of trading jitters on other cryptocurrency exchanges, he expressed worry

August 22, 2022 2 mins read
Gaming

MTV Awards Adds Best Metaverse Performance Category

The Video Music Awards included online and virtual performances. This is the first year of the award, and it has nominations for six different acts. A new sub-category of the MTV Video Music Awards (VMAs) was introduced in 2022. “Best Metaverse Performance” is a category open to artists vying for

August 21, 2022 2 mins read
Gemini Exchange Introduces Staking Services For Polygon (MATIC)

Gemini Exchange Introduces Staking Services For Polygon (MATIC)

There will be less technological requirements for its staking users. Gemini will pay for improvements to the infrastructure, as well as gas expenses. On August 18, Gemini finally began its staking process. Gemini said in a release that the MATIC token issued by Polygon can be staked and eligible for

August 21, 2022 2 mins read
Large NFT Initiatives Misled Consumers Over IP Rights

Large NFT Initiatives Misled Consumers Over IP Rights

The report “A Survey of NFT Licenses: Facts & Fictions,” came out on Friday. Other programs that impose commercialization hurdles include Doodles. The opportunity to make money off of one’s avatar by making derivative works of art, merchandising, and more is a major selling factor for certain NFT initiatives. However,

August 20, 2022 2 mins read
Axie Infinity (AXS) Price Plummets 25% in Last 7 Days

Crypto Market Fumbles, Over $600M Liquidated in Last 24 Hours

Bitcoin is now trading at roughly $21,485, down 8.2% on the day. With $201.3M, Bitcoin is the most liquidated asset, followed by Ethereum with $132.7M. Today, the leading cryptocurrency, Bitcoin (BTC), dropped to a new weekly low of $21,344, according to data from CMC, continuing a three-day trend of unfavorable

August 19, 2022 2 mins read
Wemix Struggles in Defense Against South Korea’s Delistings

South Korea Cracks Down on Numerous Exchanges Over Regulations

The organization has identified 16 service providers. Local exchanges’ offices were raided last month as part of an inquiry. More than a dozen cryptocurrency exchanges risk losing clients in South Korea as officials crack down on international companies they allege are operating illegally in the country. According to a news

August 19, 2022 2 mins read
Ethereum 2.0 Aims to Address Major Flaws and Make a Huge Shift Towards Supremacy

Ethereum Successfully Completes Goerli Test Before ‘The Merge’

The test is one of the last items on the agenda before the so-called “Merge.” Even if it’s not set in stone just yet, the 19th of September is the target date. Ethereum is on the verge of switching from its current energy-intensive proof-of-work paradigm to the more efficient proof-of-stake

August 16, 2022 3 mins read