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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

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
Post-Merge Threatens Ethereum (ETH) Price?

Ethereum (ETH) Price Down by 8% Despite Merge Developments

Earlier yesterday, the Bellatrix update for Ethereum’s Beacon chain went live. The Ethereum merge began with this update and will conclude with the Paris upgrade. But despite all the excitement around the integration, the price of Ethereum has dropped by about 8%. The current market price is $1,519. It is

September 7, 2022 2 mins read
Bluebit Exchange Announces Listing of Doge Killer (LEASH)

Bluebit Exchange Announces Listing of Doge Killer (LEASH)

$LEASH’s all-time-high (ATH) price was more than $8983 at one point, a year ago. Recently, Bitmart announced the listing of Bone ShibaSwap (BONE). BlueBit is the newest crypto exchange to offer Doge Killer (LEASH) from the Shiba Ecosystem. SHIB and BONE, the two other tokens, were already on the list,

September 6, 2022 2 mins read
Prominent Mining Pool ‘Poolin’ Temporarily Halts Withdrawals

Prominent Mining Pool ‘Poolin’ Temporarily Halts Withdrawals

This mining pool is responsible for 10.4% of the total hashrate in Bitcoin mining. The group also announced the temporary suspension of BTC and ETH balance payouts. Poolin, a mining pool headquartered in China, has temporarily suspended wallet withdrawals due to cash flow concerns. Given Poolin’s massive scope, the withdrawal

September 6, 2022 1 min read
Deutsche Telekom Launches ETH Validator and Staking Support

Binance Offers Zero Trading Fees For Ethereum Ahead of Merge

This only applies to trading between Ethereum and BUSD. Coinbase is evaluating the possibility of keeping both cryptocurrencies listed. Since the release of Bellatrix, the upgrade to Beacon Chain that paves the way for the Ethereum Merge, is scheduled for September 6th. The prominent exchange Binance has stated that it

September 4, 2022 2 mins read
Marvel and VeVe Releases Limited Edition NFT Comic Covers

Marvel and VeVe Releases Limited Edition NFT Comic Covers

VeVe has also partnered with DC Comics, a rival of Marvel. The minimum bid is $1,500 per digital item as per the firm. VeVe Digital Collectibles is Marvel’s NFT product release partner, and the company’s product releases have not stopped. The two companies have just announced that they would be

August 31, 2022 1 min read
Indonesian IT Giant Acquires Local Crypto Exchange For $8.38M

Indonesian IT Giant Acquires Local Crypto Exchange For $8.38M

There was no mention of future intentions for PT Kripto Maksima Koin. PT Kripto Maksima Koin will be given its license on January 28, 2022. GoTo (PT) Gojek Tokopedia Tbk (GoTo), an Indonesian IT business, recently acquired the local cryptocurrency exchange PT Kripto Maksima Koin.The fourth most popular country in

August 31, 2022 1 min read
Singapore Court Orders Three Arrows To Submit Vital Documents

3AC Co-founder Su Zhu Opposes Asset Liquidation in Singapore

The Singapore High Court granted Teneo’s petition to seize and liquidate 3AC’s assets. The firm filed for bankruptcy in the British Virgin Islands at the end of June. Su Zhu, the co-founder of Three Arrows Capital (3AC), claims that Teneo, the liquidator appointed by the court, misrepresented before the Singapore

August 27, 2022 2 mins read
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