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

AllianceBlock’s NexeraID Enters World Wide Web Consortium to Boost Sovereign Identities’ Future

NexeraID, the revolutionary self-sovereign identity issuance and verification solution from AllianceBlock, has joined the World Wide Web Consortium (W3C), the leading global Web standards body. By employing self-custodial or custodial wallets, NexeraID’s self-sovereign identity issuance and verification technology enables businesses to onboard customers to Web3 in an effortless manner. It

May 3, 2023 2 mins read

Upbit Announces SUI Token Listing Ahead of Mainnet Launch

Upbit, the biggest cryptocurrency exchange in South Korea, has joined other major exchanges like Binance, Coinbase, OKX, Huobi, and others because of the widespread interest in the Sui network and its native token, SUI. Developed by Mysten Labs, the Sui mainnet for the DPoS Layer 1 blockchain is set to

May 3, 2023 2 mins read

U.S Banking Crisis Continues as PacWest Bancorp Stock Falls by 27%

In the year 2023, banking has become very difficult. It all started with the failure of many major financial institutions, including Silvergate Bank, Signature Bank, and Silicon Valley Bank. The US government seized First Republic Bank earlier this week, and trading in the bank’s shares was temporarily stopped. The First

May 3, 2023 1 min read

Oman Progresses on Virtual Asset Regulatory Framework

Total Number of Inscriptions Thru Bitcoin Ordinal Surpasses 2.5 Million

Saturday was the biggest day ever for Ordinals, the technology used to inscribe digital assets on Bitcoin, creating assets similar to Ethereum-based NFTs. According to a popular Dune dashboard, on Saturday there were around 223,000 inscriptions made via Ordinals. Over 200,000 inscriptions were made in a single day. A milestone

May 1, 2023 2 mins read

Terra Classic LUNC Staking Reaches New Record High of 1 Trillion

Terra Classic Developer Unveils Upcoming AI-powered App Chain

Many people are stunned to learn that the Terra Classic chain may soon get its first AI-powered application chain. Edward Kim, the project’s primary developer, published screenshots of the whitepaper for the Block Entropy artificial intelligence chain on Saturday. Updates for the AI app chain called Block Entropy. Still building.

April 30, 2023 2 mins read

Lightning Network Gets New Update to Its Litd Node Management Tool

Bitcoin technology firm Lightning Labs, a key contributor to Bitcoin’s lightning-fast and scalable Lightning Network, has updated the user-friendliness of its node management tool, Litd. It may be difficult for users who aren’t tech-savvy or who don’t want to spend hours studying each aspect of the protocol to transmit a

April 30, 2023 2 mins read

BNB Surges 5.44% as Binance Shows Signs of Recovery Amid Legal Battles

Binance Reportedly All Set To Re-enter Japanese Market by June 2023

After acquiring the Japanese cryptocurrency exchange Sakura Exchange BitCoin (SEBC), Binance is ready to re-enter the Japanese market. In order to penetrate the Japanese cryptocurrency industry, Binance purchased the exchange in November 2022. The exchange is licensed by the Japan Financial Services Agency. A local daily has confirmed that SEBC

April 29, 2023 2 mins read

Revolut Partners With Koinly to Integrate Automated Tax Reporting Services

With the cryptocurrency sector coming under the scrutiny of tax authorities throughout the world, the fintech company Revolut has added an automatic tax reporting tool for its customers. The fintech firm has collaborated with Koinly, a cryptocurrency tax solution, to give its customers the ability to produce cryptocurrency tax reports

April 29, 2023 1 min read

Phantom Wallet Announces Support For Ethereum and Polygon

Phantom, a cryptocurrency wallet for Solana blockchain users, has announced that it will begin public support for the Ethereum and Polygon blockchains on May 1 at 9 a.m. EST across browsers, iOS, and Android. Adding support for the two new blockchains was supposed to happen in Q1 of 2023, but

April 27, 2023 1 min read

Polygon Introduces AI Guide Powered by ChatGPT to Support Web3 Enthusiasts

Polygon Bridge Introduced for Polygon zkEVM Allowing Quick Withdrawals

Polygon zkEVM entered beta last month, and on April 26 the company stated that its Polygon PoS Bridge was ready for use. Scalability options for dApps on the Ethereum blockchain are available via the Polygon zkEVM network. Introducing Polygon Bridge to Polygon #zkEVM 👉🏽 Better Bridge👉🏽 ‍Fast Finality👉🏽 Asset Support👉🏽

April 27, 2023 2 mins read