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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

Top U.S Authorities Might Have To Disclose Financial Dealings

Top U.S Authorities Might Have To Disclose Financial Dealings

The structure of the bill also suggested that disclosure amounts be more specific. The chair of the Committee on House Administration proposed the initiative. Members of Congress, the Senate, and the Supreme Court who are also cryptocurrency traders may be required to halt their activities while in office if a

September 26, 2022 2 mins read
Former Ripple Executive to Head Australian CBDC Trial

Former Ripple Executive to Head Australian CBDC Trial

A white paper titled “Australian CBDC Pilot for Digital Finance Innovation” was published. On December 31st, at least 12 use cases will be chosen for further investigation. On Monday, the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre (DFCRC) unveiled the pilot project’s (eAUD) white paper for

September 26, 2022 2 mins read
XRP

Whale Alert: 270 Million XRP ($130M) Bought by Whales

The largest ever buy was on the Bitso crypto market for 54.1 million XRP. XRP prices have increased by around 50% during the last week. The native XRP token of Ripple has seen the most growth over the previous seven days. While Bitcoin and Ethereum have both had big price

September 25, 2022 1 min read
Multi-chain Lending Protocol Hundred Finance Exploited of $7.4M

Young Canadian Crypto Trader Being Sued For Defrauding

The Ontario man has had $2 million worth of property seized by the authorities. About 140 investors have come forward with information to help in the case. Canadian trader and self-proclaimed “Crypto King” Aiden Pleterski, age 23, is being sued for failing to repay at least $35 million to investors.

September 25, 2022 1 min read
BobaBNB Surpasses 45,000 Wallets With Record 2.8 Million Transactions in April

China Accounts For 84% of All Blockchain Patent Applications

President Xi Jinping has helped spread the word about blockchain technology. A timeline for when these patent applications were submitted was not included in the data. The most recent statistics released by a Chinese government official show that 84% of all blockchain patent applications are submitted by China. However, China

September 25, 2022 1 min read
Iran Commences CBDC Pilot Dubbed ‘Crypto Rial’

Iran Commences CBDC Pilot Dubbed ‘Crypto Rial’

The digital money issued by the Central Bank of Iran is termed “crypto rial”. Officials have also begun issuing crypto mining licenses. On Wednesday, the CBI of Iran declared that on Thursday, “the pilot launch of crypto rial” will commence, as reported by the Iranian Chamber of Commerce, Industries, Mines,

September 24, 2022 2 mins read
Binance CEO Changpeng Zhao Rejects Terra 1.2% Tax Burn

Binance CEO CZ Proposes Terra 1.2% Tax Burn Alternatives

The community is pushing Binance to allow the tax burn on off-chain. The price of Terra Classic (LUNC) dropped by roughly 10% in an hour. In an Ask Me Anything session on Friday, Binance CEO “CZ” claimed the cryptocurrency exchange will not be implementing the 1.2% tax burn for off-chain

September 23, 2022 1 min read
Harmony Protocol Structures Plan To Retrieve Stolen $100M

Harmony Protocol Structures Plan To Retrieve Stolen $100M

The plan also called for a hard fork of the Harmony network. Harmony considered compensating the hack’s victims with the protocol’s native token. The developers of the Harmony protocol have put up a new plan. In order to retrieve the $100 million in stolen assets from the Horizon Bridge in

September 23, 2022 2 mins read
Wafini, A Cardano NFT Marketplace Readies for Seed Sale After Raising 200K in Private Token Round

Wafini Prepares for Seed Sale After Collecting $200K

The NFT Marketplace, Wafini recently closed a successful $200,000 private seed round and is set to kick off its Seed Sale to early adopters and investors looking to be a part of the Wafini project. The Token Seed Sale will offer early birds the opportunity to acquire $WFI Tokens at

September 23, 2022 3 mins read
Cardano Successfully Completes the Vasil Hard Fork

Cardano Successfully Completes the Vasil Hard Fork

The first update has been finished, and the next is slated for the 27th of September. Vasil upgrade was named after the late member of the Cardano community Vasil St. Dabov. After the Cardano team triggered all three “critical mass indications” necessary for the upgrade, the Cardano Vasil update was

September 23, 2022 2 mins read
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