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Shanawaz

A crypto enthusiast. Loves to write. Gives full dedication to every task assigned. Specializes in delivering on tight deadlines. An animal lover, especially dogs.

Posts by Shanawaz

Automobile Giant General Motors (GM) Halts Twitter Ads

Automobile Giant General Motors (GM) Halts Twitter Ads

Several advertisers have threatened to pull their money if Trump’s ban is revoked. GM is a direct rival of Elon Musk’s Tesla electric vehicle startup. Twitter has come under assault from companies and current advertisers in the days after Elon Musk seized control of the company’s headquarters. If Elon Musk

October 30, 2022 2 mins read
MakerDAO Votes in Favor of Increasing Existing U.S Treasury Holdings

MakerDAO Community Divided Over Recent MIP Proposal

This Monday’s vote was not an executive vote but rather a ratification vote. The move has been credited for advancing the project’s greatest restructure in its history. As time goes on, MakerDAO gets closer to its “Endgame.” DeFi’s de facto central bank will establish so-called MetaDAOs and activate a new

October 30, 2022 2 mins read
Coca-Cola Releases NFTs celebrating FIFA World Cup Qatar 2022™ in Collaboration with Crypto.com and Digital Artist GMUNK

Trading Volume of Crypto.com Plummets 91% Amid Bear Market

Crypto.com’s Matt Damon advertisement was tepid at best. The exchange paid $700 million for naming rights in November of Staples Center. Crypto.com’s exchange volume isn’t looking particularly good at the moment.  As reported by CoinGecko, since last year, Crypto.com has seen its normalized exchange volume plummet by 91%, from $4

October 29, 2022 2 mins read
Polkadot Grants Bifrost 500,000 DOT for Liquid Staking Boost

Polkadot Privacy Project Manta Network Seeks Largest Trusted Setup Ever in Crypto

Another reliable system for crypto is being developed, and it involves everything from blowtorching computers to employing radioactive dust from Chernobyl. This is the biggest one so far. Manta Network’s development team, P0xeidon Labs, has revealed that they would be using a trusted setup ceremony to introduce their private payments

October 28, 2022 4 mins read
Bitcoin Mining Firm Core Scientific Filing Chapter 11 Bankruptcy

Bitcoin Mining Firm Core Scientific Likely to File For Bankruptcy

Nasdaq-traded shares of the company dropped by 70% immediately after the news broke. The miner said Celsius’s refusal to pay was costing it almost $53,000 per day. Core Scientific, one of the largest Bitcoin miners in the world, has warned that it may have to file for bankruptcy due to

October 27, 2022 1 min read
Credit Suisse Plans Laying Off 9000 Personnel Post $4.09B Loss

Credit Suisse Plans Laying Off 9000 Personnel Post $4.09B Loss

Credit Suisse reported a net loss of 4.034 billion Swiss francs [$4.09 billion] for Q3. By 2025, the bank hopes to have reduced its cost base by 15 percent. Credit Suisse, a Swiss investment bank and provider of financial services, made headlines at the start of the month due to

October 27, 2022 1 min read
SHIB

Whale Transfers 3.36 Trillion SHIB to Anonymous Wallet

The approximate value of the transferred SHIB tokens is $35.77M. The price of a Shiba Inu has increased by more than five percent in the last 24 hours. After a period of decline, the crypto market as a whole is on the mend, and this has been reflected in the

October 26, 2022 2 mins read
Norway’s Government Agency Opens Virtual Office in Metaverse

Norway’s Government Agency Opens Virtual Office in Metaverse

The agency wants to reach out to the younger generation of people. Developers and investors in the metaverse have expressed optimism. The Norwegian government’s Bronnoysund Register Center has opened a virtual office in the metaverse of Second Life. This has been possible with the help of the accounting firm Ernst

October 26, 2022 1 min read
Compound Community Votes to Halt Activity of 4 Cryptocurrencies

Compound Community Votes to Halt Activity of 4 Cryptocurrencies

Financial assets of this kind tend to be very unstable and susceptible to manipulation. The proposal won support from Compound Finance’s founder, Robert Leshner. Users of the Compound Finance protocol will no longer be able to lend assets with low liquidity. After “proposal-131” was adopted by the DAO that runs

October 25, 2022 2 mins read
XRPL Account Growth Skyrockets Amid Rising Optimism in the Community

Whales Buy Dip Accumulating More Than 200 Million XRP

As the price of XRP recently dropped, more than 205 million XRP were purchased. Positive developments in the critical long-running case are also a factor. Although the overall value of digital currencies has been falling over the previous 90 days, Ripple’s native token, XRP, has been one of the best

October 25, 2022 1 min read
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