A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.
The layer 1 network of blockchain Quai Network ($QUAI) alarmed crypto enthusiasts by intending to utilize multiple blockchains operating in parallel and secured by merged mining to achieve over “50,000 Transactions per second (TPS).” The network uses Proof-of-Work (PoW) 2.0 and sharding technology to achieve high throughput. The Quai Network
January 23, 2023 1 min read
The world’s most prominent cryptocurrency Bitcoin (BTC) kicks off the new year by retaining its bullish momentum. BTC peaking at over $23,000 price range, the first milestone since early August. Last weekend, Bitcoin began to show a positive trend, reaching a high of $19,942 before resting in the $18,000–$17,000 region.
January 23, 2023 2 mins read
The second largest meme cryptocurrency Shiba Inu’s ($SHIB) lead developer Shytoshi Kusama left the ‘SHIB Army’ with another puzzle to solve. As he appeared to have alerted the Shib community about the status of the much-anticipated “layer-2 blockchain Shibarium” via a cryptic update on his official Twitter account. Shytoshi Kusama
January 21, 2023 2 mins read
U.S Federal prosecutors seized around $700 million in cash and assets. That was either owned by the defunct cryptocurrency exchange FTX or associated with its founder and former CEO Sam Bankman-Fried, ‘SBF.’ According to a court document filed on Friday, federal investigators in the Southern District of New York have
January 21, 2023 2 mins read
Prominent cryptocurrencies Bitcoin ($BTC) and Ethereum ($ETH) continuously signal bullish momentum even after the largest crypto lender, Genesis Global, filed for bankruptcy protection. At the time of writing, $BTC traded at $20,956, and $ETH traded at $1550 with notable price surges. Recently, failures and scandals in the cryptocurrency industry reaching
January 20, 2023 2 mins read
South Korea’s second-largest city Busan will launch the first decentralized digital commodity exchange in the world, where all goods will be tokenized and traded using blockchain technology. The announcement came as its earlier plan to pursue a city-backed cryptocurrency trading platform. However, according to a press release from the Busan
January 20, 2023 1 min read
Today the world’s second-largest cryptocurrency exchange OKX ‘OKEx’ has released a “Proof-of-Reserves” (PoR) report that reveals the detailed breakdown of the assets the exchange has in its reserves. OKX’s third monthly PoR report disclosed $7.5 billion in BTC, ETH, and USDT held by the crypto exchange, which does not include
January 19, 2023 2 mins read
The cryptocurrency exchange FTX collapse called the commissioner of the Commodity Futures Trading Commission (CFTC) to stop allowing crypto exchanges to “self-certify” and list tokens in an unregulated way. CFTC commissioner Christy Goldsmith Romero stated that; I urge Congress to avoid permitting newly-regulated crypto exchanges to self-certify products for listing,
January 19, 2023 1 min read
Since the start of 2023, the global crypto market encountering bullish momentum. Also, social media was buzzing with dog-themed cryptocurrencies. The Shiba Inu ($SHIB) community, known as the ‘SHIB Army,’ has been waiting for the beta version of the Layer-2 scaling solution, “Shibarium”, which is designed for the SHIB ecosystem.
January 18, 2023 2 mins read
The kingdom of Saudi Arabia, whose currency has been pegged to the dollar, seeks to strengthen its ties with prominent trading partners such as China. Finance Minister Mohammed Al-Jadaan announced that the country is open to talking about trading in currencies other than the US dollar. Saudi Arabia Seeks to
January 18, 2023 1 min read