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Sarala

A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.

Posts by Sarala

Prominent Parachain Collaborating to DeFi Rising program on Polkadot

Prominent Parachain Collaborating to DeFi Rising program on Polkadot

The Polkadot network’s Acala suite of flexible financial products. Astar Network uses cross-consensus messaging (XCM). Acala, the leading DeFi network, and Polkadot’s innovation hub Astar Network are collaborating to boost DeFi on Polkadot. Effect of this collaboration, the top two parachains introduced The “Astar x Acala DeFi Rising” program to

August 10, 2022 1 min read
Defi Protocol Curve Finance to Launch ‘Crvusd’ Stablecoin

DeFi Protocol Curve.Finance Slashed by Hackers

 Over $573,000 was stolen as the result of a front-end website exploit. Curve.exchange appeared to be unaffected by the hack. The decentralized finance (DeFi) protocol Curve.Finance has been the new target for the hackers on late Tuesday. According to a tweet alert from the Curve, Iwantmyname, a provider of DNS

August 10, 2022 2 mins read
PlayStation Survey Indicates Video Game Firms Interest in NFT

PlayStation Survey Indicates Video Game Firms Interest in NFT

Playstation Conducted Survey about NFTs.  The high-end jewelry company Tiffany & Co introduced a NFT. In a survey conducted at EVO 2022 by PlayStation, participants were asked what they thought about non-fungible tokens (NFTs). Although the PlayStation survey’s primary intent is uncertain, it may be evaluating consumer interest in digital

August 9, 2022 2 mins read
WazirX Announces Delisting of USDC, USDP, and TUSD

WazirX Stuck in Tough Tides Between Regulators’ Scrutiny and Binance’s Ignorance

WazirX uses an auto-matching P2P (peer-to-peer) engine. More than 450 crypto trading pairings are available on the WazirX app. WazirX is an India-based most trusted and secured cryptocurrency exchange, it has headquarters in Mumbai and was launched in 2018. The exchange uses an auto-matching P2P (peer-to-peer) engine, the P2P engine

August 8, 2022 3 mins read
French Authorities Grant Crypto.com Regulatory License to Offer Services

South Korea Marks a Significant Regulatory Milestone For Crypto.com

Virtual asset service provider will enable Crypto.com to offer custody and exchange services for digital assets. Crypto.com has more than 50 million users. The world’s fastest-growing cryptocurrency platform, Crypto.com announced today that it has acquired an Electronic Financial Transaction Act and Virtual Asset Service Provider registration in South Korea. By

August 8, 2022 2 mins read
Dubai Chambers New Formation to Widen the Crypto Adoption

Dubai Chambers New Formation to Widen the Crypto Adoption

D2A2’s main goal is to boost transparency through data and market intelligence. The organization will give digital asset businesses a space to unify their voices. Dubai Chamber of Digital Economy has announced the formation of the Dubai Digital Assets Business Group (D2A2), which aims to strengthen the role of the

August 8, 2022 2 mins read
FinCEN Alerted Financial Institution For Russia’s Crypto Activities

FinCEN Alerted Financial Institution For Russia’s Crypto Activities

Financial institutions support the U.S and international efforts to weaken Russia. Russian government using CVCs to evade widespread sanctions. The Bureau of Industry and Security (BIS) of the U.S. Department of Commerce, and the Financial Crimes Enforcement Network (FinCEN), issued an alert. That warning financial institutions to be on the

August 5, 2022 1 min read
China Pushing for Web3 Development Despite Outright Crypto Ban

Web3 Token-powered Social Platform Taki Puts an End to Waitlist

Taki, a social network removed its waitlist system. Taki launched its beta phase intending to improve user engagement. Taki, a worldwide social network driven by cryptocurrency tokens, has announced the launch of the beta version, and the availability of the platform to its users. With the Beta launch, Taki’s community

August 4, 2022 2 mins read
BAYC NFTs Are Converted Into Machine Art by Google AI

BAYC NFTs Are Converted Into Machine Art by Google AI

Each NFT is unique, entirely 10,000 original NFT arts are there in Antsy Monke . The BAYC recreated NFT collections named Antsy Monke. The Bored Ape Yacht Club (BAYC) Non-Fungible Token (NFT) collection has turned into a mechanical work of art with the support of Google’s artificial intelligence (AI). This

August 4, 2022 2 mins read
Talos Founders: Crypto Market Will Come Back Stronger Than Ever

Talos Founders: Crypto Market Will Come Back Stronger Than Ever

In May, Talos disclosed a $105 million Series B fundraising round, valued at $1.25 billion.  The total cryptocurrency market cap again reached $1 trillion. Talos, the largest supplier of institutional-grade technologies for trading digital assets co-founders Ethan Feldman and Anton Katz, stated that the cryptocurrency market will come back stronger

August 1, 2022 2 mins read