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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

South American Country Bolivia Lifts 4-Year Ban on Bitcoin

South American Country Bolivia Lifts 4-Year Ban on Bitcoin

After 4 years, the Central Bank in Bolivia has officially reversed its 2020 ban on Bitcoin and other cryptocurrencies.  The Central Bank of Bolivia (BCB) announced on June 26 that it permits financial institutions to engage in cryptocurrency transactions via authorized electronic channels, line up with neighboring Argentina’s more permissive

June 28, 2024 1 min read

ENS Token Surges Over 8% Amid Rebranding Announcement

The old and well-known altcoin Ethereum Name Service (ENS) has shown a notable surge, rising over 8% in the last 24 hours. This increase comes following the announcement of an upcoming rebranding for ENS. At the time of writing, ENS is trading at $26.64 with a market cap of $834

June 27, 2024 2 mins read
Rarimo's RariMe Challenges Worldcoin in Identity Verification

Rarimo’s RariMe Challenges Worldcoin in Identity Verification

Today, Rarimo, a social protocol based on zero-knowledge (ZK) technology, launched its crypto app RariMe. This app introduces an innovative approach to identity verification, challenging established systems like Worldcoin’s. RariMe allows users to generate passport zero-knowledge proofs using smartphones, ensuring unique identity verification without compromising personal data. Unlike traditional frameworks

June 27, 2024 1 min read
ETH Sends Mixed Signals as Spot Ethereum ETF Launch in July

ETH Sends Mixed Signals as Spot Ethereum ETF Launch in July

The focus on the crypto market currently shifted towards anticipation surrounding spot Ethereum ETFs. Analysts predict initial inflows of up to $15 billion, sparking interest and speculation across the market. But the market has been fluctuating, with Ethereum experiencing a significant sell-off on Monday followed by a swift recovery on

June 27, 2024 2 mins read
Bitcoin ETFs and Web3 Gaming Will Boost Crypto Expansion: Crystal CEO

Bitcoin ETFs and Web3 Gaming Will Boost Crypto Expansion: Crystal CEO

In the ever-changing world of cryptocurrencies and blockchain, staying ahead requires more than intuition; it demands data-driven strategies. In an insightful interview with Navin Gupta, the CEO of Crystal Intelligence, we delve into the future of crypto, dissecting trends, regulations, and the pivotal role of analytics. Navin begins by explaining

June 27, 2024 7 mins read
Alex Lab Suspects North Korean Group in $4 Million Bitcoin Exploit

Alex Lab Suspects North Korean Group in $4 Million Bitcoin Exploit

Bitcoin layer-2 developer Alex Lab, which was affected by a $4 million hack in May, has revealed suspicions that the notorious North Korean hacking group Lazarus may be behind the exploit. Today, Alex Lab identified three wallet addresses used by the attackers to siphon funds from their decentralized finance (DeFi)

June 25, 2024 1 min read
ZachXBT Alleges Celebrities Memecoin Promotions as Scam

ZachXBT Alleges Celebrities Memecoin Promotions as Scam

Amidst the growing influence of celebrities in the cryptocurrency market, concerns over regulatory oversight and financial transparency have intensified. Renowned crypto expert ZachXBT has publicly criticized prominent figures like football legend Ronaldinho, American model Amber Rose, and rapper G Herbo for their involvement in promoting memecoins, which he categorizes as

June 25, 2024 2 mins read
Trump's Bitcoin NFT Sneakers Sold Out, Boosting Crypto Campaign Support

Bitcoin Takes Center Stage in the 2024 US Presidential Race

Cryptocurrency and its regulation have emerged as a pivotal topic in the U.S. presidential campaigns, sparking heated debates and diverse reactions within the crypto community. The conversation around cryptocurrency and Bitcoin (BTC) has intensified since the election campaign began in late May, drawing significant attention from both supporters and critics.

June 25, 2024 2 mins read

CoinShares Nets 116% Profit from FTX Claim Sale

CoinShares International, a prominent European digital asset investment company, has finalized the sale of its claim against the defunct FTX exchange. This sale is expected to yield a remarkable recovery rate of 116% after broker fees. This translates to a substantial return of approximately $39.78 million on a claim initially

June 24, 2024 1 min read
Mt. Gox Redemption Alarms Sell-Off Pressure on BTC and BCH

Mt. Gox Repayment Announcement Triggers BTC Drop to $60K Zone

Mt. Gox, the infamous Bitcoin exchange that lost over 850,000 BTC in a 2014 hack, will start repaying its defunct users. The rehabilitation trustee stated that repayments in Bitcoin (BTC) and Bitcoin Cash (BCH) will commence in July 2024, bringing a sense of closure to investors who have waited over

June 24, 2024 1 min read