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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

Binance CEO Calls for Gambaryan’s Release Due to Inhuman Treatment

Binance CEO Calls for Gambaryan’s Release Due to Inhuman Treatment

A new video circulating on social media platforms like X (formerly Twitter) shows disturbing footage of Tigran Gambaryan, Binance’s head of crime compliance, who is currently imprisoned in Nigeria. The video has sparked significant outrage and calls for his release, especially as his health reportedly worsens. This inhumane treatment of

September 3, 2024 1 min read
Bitwise Officially Files Form S-1 for Spot XRP ETF with US SEC

Ripple to Launch Smart Contracts on XRP Ledger Mainnet by 2025

Ripple, a leading blockchain-based digital payment network and protocol, has announced significant advancements in Korea and Japan. The company has forged valuable partnerships with a plan to enhance the adoption and functionality of blockchain technology across institutions in these regions. In a long X (Twitter) thread today, Ripple revealed that

September 3, 2024 2 mins read
Could Dogwifhat (WIF) Reach $2 in the Coming Weeks?

Could Dogwifhat (WIF) Reach $2 in the Coming Weeks?

In the last 24 hours, Dogwifhat (WIF), a leading meme coin, has displayed a price surge of over 17.2%, rising from a low of $1.39 to a high of $1.63. This rally comes as the global crypto market gains positive sentiment, with Bitcoin (BTC) bouncing back to the $59K level.

September 3, 2024 2 mins read
When Will WazirX Users Be Able to Access Their Funds?

When Will WazirX Users Be Able to Access Their Funds?

Zettai Pte Ltd, the parent company of crypto exchange WazirX, held a town hall meeting today to address the ongoing restructuring process following a major $230 million (₹2000 crore) crypto hack. The company has announced that “it will take up to six months to complete this restructuring, during which users

September 2, 2024 2 mins read
FTX Faces SEC Objections Over Cryptocurrency Repayments

FTX Faces SEC Objections Over Cryptocurrency Repayments

After the U.S. court’s order for FTX to pay $12.7 billion and repay creditors, the exchange is facing new challenges in its repayment efforts. The US Securities and Exchange Commission (SEC) has issued a warning against the bankrupt exchange’s strategy for repaying creditors.  The SEC’s latest filing suggests a “possible

September 2, 2024 2 mins read
Dogecoin Rally Fades as Price Drops Over 10% Amid Bitcoin Slump

Where Is Dogecoin Heading This September?

As the crypto market encounters a correction, Dogecoin (DOGE) has also displayed a significant drawdown, erasing recent gains. After reaching a peak of $0.1018 on August 30, following a favorable court ruling for Elon Musk and Tesla, DOGE has struggled to maintain its gains.  The court found Musk’s tweets about

September 2, 2024 3 mins read
Elon Musk's DOGE Opens Investigation into SEC for Suspected Waste and Fraud

Will Elon Musk’s Legal Win Propel Dogecoin Above $0.15?

In the last 24 hours, Dogecoin (DOGE) saw a modest uptick of 4.02%, reaching $0.1025 as it attempts to recover from recent setbacks. The slight boost in price was followed by the dismissal of a federal lawsuit against Elon Musk and Tesla, with the court ruling that Musk’s Dogecoin-related tweets

August 30, 2024 2 mins read
Solo Bitcoin Miner Bags Nearly $200K Reward with Latest Block

Solo Bitcoin Miner Bags Nearly $200K Reward with Latest Block

While the Bitcoin miners are facing difficulties in maintaining profitability following the April 19 halving, a solo miner has successfully processed Bitcoin block 858,978 and netted nearly $200,000. The block, processed at 4:21 PM UTC on August 29, included 2,391 transactions and yielded a reward of 3.27 BTC, valued at

August 30, 2024 2 mins read
Why Is Bitcoin Facing Challenges to Surpass $62K?

Why Is Bitcoin Facing Challenges to Surpass $62K?

Bitcoin (BTC) displayed another drop today, falling to $58,710 after briefly rallying to $61,184 yesterday. This decline wiped out all gains over the last 12 hours, marking a 4% decrease. This drop, although notable, isn’t as severe as the decline seen on August 28, when BTC fell to $57,974—its largest

August 30, 2024 2 mins read
BIS Highlights Risks for Banks in Using Permissionless Blockchains

BIS Highlights Risks for Banks in Using Permissionless Blockchains

The Bank for International Settlements (BIS) recently highlighted the complexities and risks banks face when engaging with permissionless blockchains in its latest working paper, published on August 28. The report from the Basel Committee on Banking Supervision outlines several concerns tied to these decentralized systems. One key issue is the

August 29, 2024 2 mins read