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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

Terra Classic Revival Strategy to Reclaim the USTC Peg

Polygon Attracts Numerous Terra Projects Cast Into Uncertainty

Other NFT projects have benefited from OnePlanet’s assistance in switching to Polygon. The play-to-earn game Derby Stars is moving to Polygon. Nearly half of Terra-based crypto projects have found new life on Polygon after the unsuccessful Terra ecosystem was abandoned. CEO of Polygon Studios Ryan Wyatt took to Twitter on

July 12, 2022 2 mins read

Uniswap Phishing Attack Results in $4.7 Million in ETH Stolen

The perpetrators had stolen ETH from victims as well as ERC20 tokens and NFTs. The Uniswap team responded that the attack was part of a phishing scheme. At least $4.7 million worth of Ethereum was stolen in a sophisticated phishing attempt targeting Uniswap v3 protocol liquidity providers (LPs). On the

July 12, 2022 2 mins read

Cardano’s Interim Technical Contributor Joins Algorand as CTO

Coutts voiced his joy at the extent of Cardano’s current development. Cardano has been down 3.41% in the last 24 hours. Former Cardano technical contributor John Alan Woods, who is now starting his journey as Algorand’s CTO, received high praise from Cardano creator Charles Hoskinson. “Algorand is an excellent project

July 11, 2022 2 mins read
Palau Collaborates With Ripple to Launch Countries First Stablecoin

XRP Community Excited Following Recent Smart Contract Development

Colombia’s first national land registry on the XRPL blockchain had been announced. A testnet for XRP Ledger’s smart contracts has been launched. Although the market is down and there is a Ripple litigation going on, the XRP community remains upbeat about the XRP price. Valhil Capital CEO Jimmy Vallee and

July 11, 2022 2 mins read
FTX Shows a Ray of Hope to the Voyager Digital Investors

FDIC Insured Claim by Voyager Digital Under Scrutiny Amid Crisis

Voyager announced its Chapter 11 bankruptcy filing on Wednesday. An insured bank must provide $250,000 in insurance to each of its customers. As confirmed by an FDIC official, Reuters reported on Thursday that the Federal Deposit Insurance Corporation (FDIC) is investigating Voyager Digital Ltd. (TSE: VOYG) and its promotion of

July 9, 2022 2 mins read
Shiba Inu Enters Top 5 Crypto Gainers List on Robinhood

Digital Goods Marketplace ‘Dripto’ Now Accepts Shiba Inu (SHIB)

People may become resellers by completing the necessary registration procedure. Shiba Inu has been up 1.77% in the last 24 hours. Despite the high volatility, online merchants have continued to accept Shiba Inu (SHIB) as a payment method after the broad acceptance of the cryptocurrency in many regions of the

July 9, 2022 1 min read

California-based Solana (SOL) Investor Files Lawsuit Against Solana Labs

Misleading SOL’s circulating supply has been alleged by Young. According to the primary plaintiff, Mark Young, SOL tokens are unregistered securities. A class-action lawsuit has been filed against Solana Labs, the non-profit corporation behind the Solana blockchain. According to California resident Mark Young, the action names Solana Labs, the Solana

July 8, 2022 2 mins read

Russian Banking Association Head Proposes Crypto Exchange Under MOEX

It was recommended by the Head of state of the Russian Banking Association to establish a crypto trading platform on the Moscow Stock Exchange. Russia’s attitude toward the legality of crypto has been erratic. After briefly mentioning legalizing cryptocurrency, the nation talks about outlawing it. Now, the Russian Banking Association

July 8, 2022 2 mins read

Cardano Founder Shuts False Rumors Regarding New Vasil Hard Fork

On the testnet, the Vasil hard fork was successfully deployed. There would be no issues with contracts after the HFC event is over as per Charles. The Cardano network has just undergone a hard fork for the first time in a long time. The Vasil improvement is the name given

July 7, 2022 2 mins read
Multi-chain Lending Protocol Hundred Finance Exploited of $7.4M

1 Billion Chinese Resident’s Data Being Sold For 10 Bitcoins by Hacker

According to current figures, the asking sum totals $202,806. Claims have been made that the Shanghai National Police database was hacked. An unidentified hacker allegedly took approximately 23 terabytes of data of one billion Chinese residents from a Shanghai police database. According to experts, this would be one of the

July 6, 2022 2 mins read