Nayazunissa

Content writer by profession. A crypto lover and has passion for writing. Follows the developments of digital currency right from its launch, years ago.

Posts by Nayazunissa

MicroStrategy Adds 11,931 Bitcoins Amid $800M Convertible Notes Sale

MicroStrategy Introduces Decentralized ID Solution on Bitcoin Network

Using Ordinal-based inscriptions to store and retrieve information, MicroStrategy—the biggest corporate holder of Bitcoin—will create a decentralized identification solution on the Bitcoin network. Similar to how actual people’s identities are not associated with Bitcoin addresses or transactions, decentralized identifiers (DIDs) will provide anonymity. Open-source and Not Reliant on Sidechains Moreover,

May 2, 2024 2 mins read

5 Cryptocurrencies With Hidden Bullish Potential Amidst Market Consolidation

FOMC Meeting Spurs Crypto Volatility, Bears Take the Lead

The third meeting of the Federal Open Market Committee (FOMC) for 2024 is already underway, and it will have a major impact on the American economy. Today, May 1, at 2 PM European Time (11:30 PM Indian Standard Time), the meeting that began on Tuesday, April 30, is expected to

May 1, 2024 2 mins read

NiceHash Launches First Exclusive Firmware for Kaspa Miners, Boosting ASIC Performance

Liquidation by Bitcoin Miners Surges Post-Halving for Operational Costs

After Bitcoin ETFs were introduced in Hong Kong today, BTC had a little 2% recovery, going beyond $63,300. The latest on-chain data, however, shows that Bitcoin miners are increasingly liquidating their holdings. A large amount of Bitcoin has been moved from miners to spot exchanges, according to Cryptoquant, an on-chain

April 30, 2024 2 mins read

Crypto Investment Products See $435M Outflow Amid Market Uncertainty

According to CoinShares’ reporting, crypto investment products had a $435 million outflow for the week ending April 26. As the price of Bitcoin is stuck around the low $60,000 level, crypto exchange-traded products (ETPs) have seen withdrawals for three weeks in a row. With $423 million leaving the market after

April 30, 2024 2 mins read

Lazarus Group Poses as Fenbushi Exec on LinkedIn for Cyber-Hacking

According to security company SlowMist, LinkedIn users are being targeted by the North Korean-backed cyber-hacker group Lazarus Group, who is pretending to be an executive member of the Chinese blockchain asset management business Fenbushi Capital. A screenshot uploaded on X by SlowMist’s chief information security officer shows the con artist

April 29, 2024 2 mins read

South Korea Plans Empowering Existing Crypto Crime Investigation Unit

In response to the recent uptick in incidents of fraud and crimes using cryptocurrency, South Korea is contemplating establishing its Joint Virtual Asset Crime Investigation Unit, an official agency. Early in May, talks on this change are expected to begin between key Ministries of South korea. The unit is now

April 29, 2024 2 mins read

Bitcoin ETFs in US Experience $328M Net Outflow in Volatile Week

Net flows for Bitcoin Spot ETFs in the US showed significant volatility for the week ending April 26, 2024. Additionally, when they lost momentum, these ETFs had a huge $328 million net outflow for the week. In addition, the Bitcoin price fell just before this outflow spiked, which may have

April 28, 2024 2 mins read

Quadratic Accelerator Launches on Polygon zkEVM, Redefining Token Launches

Polygon and Robinhood Forge Partnership for Cross-Chain Swaps

The new partnership between Polygon (MATIC) and Robinhood Wallet is a major step forward in Q2 2024 strategy. Users can use Polygon’s proof-of-stake network (PoS) to conduct cross-chain swaps in Robinhood Wallet. The partnership, which was unveiled on April 27, 2024, makes use of LI.FI and 0x Project technologies. Because

April 28, 2024 2 mins read

Fidelity Investments Secures Revenue-Sharing Deals with ETF Managers

Fidelity’s Spot Bitcoin ETF Sees First Net Outflows Since Debut

Based on recent statistics, Fidelity’s spot bitcoin ETF had net outflows of $22.61 million on Thursday, marking the first day since the fund’s debut in January that more money was moving out of the ETF. Daily withdrawals of $217.58 million were reported by many additional U.S. bitcoin funds. Data indicated

April 26, 2024 2 mins read

Bharat Web3 Association Proposes Measures for Web3 Integration in India

In order to accommodate the needs of the Web3 and cryptocurrency communities, the Bharat Web3 Association (BWA), the highest organization representing Web3 businesses in India, has proposed a number of measures and policies for the next government to consider. At a time when rules are tightening up all around the

April 26, 2024 2 mins read