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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

Vauld Receives Three- Month Prohibition From Singapore Court

Crypto Lending Platform Vauld Halted All Withdrawals

Vauld has raised around $27M from investors to expand its platform. The company hired Kroll Pte Limited as a financial advisor. Vauld intends to apply a moratorium in the Singapore courts. Today, Singapore-based cryptocurrency lending and exchange venture Vauld  has halted all withdrawals, trading, and deposits on its platform As

July 4, 2022 2 mins read
Cardano’s Vasil Hard Fork Postponed For Few More Weeks

Cardano’s Anticipated Vasil Hard Fork Finally Live

Vasil upgrade is part of the “Basho” phase of the Cardano roadmap. Vasil will update Cardano’s core smart contract programming language Plutus. The blockchain platform Cardano’s  most awaited Vasil upgrade has been completed on the testnet. Vasil’s hard fork will enable faster block generation and increased scalability for Cardano’s decentralized

July 4, 2022 2 mins read
CoinLoan Drops Per Day Withdrawal Limit Citing Spike in Withdrawals

Mexican Senator Indira Kempis Proposed Bill To Legalize Bitcoin

Over 67 million individuals in Mexico still do not have access to a bank account. Indira Kempis proposed a bill to accept BTC as legal tender in Mexico. Mexican senator Indira Kempis proposed a bill to accept Bitcoin (BTC) as legal tender in Mexico and claims the second-largest market that

July 2, 2022 2 mins read
KuCoin Token (KCS) Price Rebounds After Recent Rumors Laid to Rest

KuCoin CEO Johnny Lyu Refused LUNA Exposure Rumors

KuCoin exchange just completed a $150 million fundraising. Spot Grid’s PRO version has been launched by KuCoin. The cryptocurrency exchange KuCoin has denied claims that withdrawals would be halted on their platform due to significant losses caused as a result of the LUNA disaster. The CEO of KuCoin, Johnny Lyu,

July 2, 2022 2 mins read
Australian Blockchain Firm Everledger Files for Bankruptcy

Three Arrows Capital Files Bankruptcy in New-York

Chapter 15 bankruptcy prevents creditors from seizing a company’s assets. The 3AC liquidation reportedly reached at least $400 million. The crypto hedge fund Three Arrows Capital (3AC) has filed for Chapter 15 bankruptcy in New York, a move that secures its US assets while a British Virgin Islands liquidation is

July 2, 2022 2 mins read
ECB Includes Amazon Over Prototype Interfaces For Digital Euro

European Countries Under Pressure as Inflation Soars Up

The increase in food costs accelerated to 3.2% from November’s rate of 2.2%. France, Italy, and Spain this week registered new all-time highs in the inflation rates. Eurozone inflation climbed to a new level, consumer prices increased 8.6% from a year earlier in June, up from 8.1% in May, pushed

July 1, 2022 2 mins read
BlockFi Was Being Sold to FTX But CEO Zac Prince Refused

BlockFi Was Being Sold to FTX But CEO Zac Prince Refused

BlockFi CEO Zac Prince, 100% confirms that the firm is being sold to FTX. This year, Bankman-Fried paid $648.3 million for a 7.6% stake in Robinhood. BlockFi, a leading cryptocurrency lending platform CEO Zac Prince disputes the reports that the firm has sold for $25 million, BlockFi previous value was

July 1, 2022 2 mins read

Klever Blockchain Launches its Mainnet-Kleverchain

KleverChain will provide pre-built and ready-to-use apps. Klever published its whitepaper and held a competition for 100,000 KLV. Blockchain and cryptocurrency network Klever launching the native layer 1 (L1)  blockchain, the KleverChain, takes the next significant step in the evolution of its ecosystem and its mainnet will be available from

June 30, 2022 2 mins read
RIAA Compels OpenSea To Remove Multiple ENS Domains

OpenSea Breach, Is Users’ Data Trapped by Scammers?

OpenSea issued a warning that hackers may attempt to email customers. In February, OpenSea suffered a massive hack of NFTs. A third party stole the collection of email addresses related to OpenSea customers via Customer.io, a platform for managing email newsletters and campaigns. Opensea is the world’s most prominent NFT

June 30, 2022 2 mins read
Grayscale Investments Unveiled Revised Portfolio For 2022 Q2

Bitcoin ETF Spot Exchange Rejected, Grayscale Sued SEC?

On Wednesday, the U.S. Securities and Exchange Commission (SEC) refused Grayscale’s, one of the world’s largest digital asset managers, application to convert its Grayscale Bitcoin Trust (GBTC) vehicle to a spot bitcoin exchange-traded fund (ETF) on the NYSE Arca exchange. Grayscale responded by filing a lawsuit against the decision and

June 30, 2022 2 mins read