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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

VanEck Agrees to $1.75M Fine by SEC Over ETF Promotion Violation

ETF Application of VanEck Delayed by SEC Until October

The original deadline for a decision from the regulator was on August 27. Cboe BZX Exchange would become a trading venue for VanEck’s product. New York-based global asset manager VanEck is now going to await a decision from the United States Securities and Exchange Commission (SEC) about its newest application

August 27, 2022 1 min read
Alameda Research co-CEO Resigns, Caroline Ellison Takes Over

Alameda Research co-CEO Resigns, Caroline Ellison Takes Over

Sam Bankman-Fried started the quantitative trading firm Alameda Research. Trabucco was included in Forbes magazine’s 30 Under 30 list. On Wednesday, Sam Trabucco, co-CEO of Alameda Research, made the announcement of his departure through Twitter. With Trabucco’s announcement, co-CEO Caroline Ellison will take over as CEO, and he will transition

August 26, 2022 1 min read
US Congressmen Asks OFAC to Clarify Tornado Cash Sanction

US Congressmen Asks OFAC to Clarify Tornado Cash Sanction

On August 8, the OFAC issued sanctions on Tornado Cash. Emmer asked what considerations caused a piece of technology to a sanction’s list. A member of Congress in the United States has questioned the Treasury’s decision to ban Tornado Cash. The penalties on Tornado Cash, a “neutral, open-source, decentralized technology,”

August 24, 2022 2 mins read
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
Little Pepe