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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

IOG Dismisses SEC's Complaints as Factual Missteps; Asserts ADA is Not a Security

Vasil Hard Fork Upgrades Cardano’s Smart Contracts Ecosystem

As part of the Vasil upgrade, reference scrips will be introduced. The Cardano (ADA) network hit 3,000 smart contracts at the beginning of August. Impending Vasil hard fork would “significantly” boost capabilities of the premier proof-of-stake blockchain, according to Tim Harrison, VP of Community and Ecosystem at Cardano creator Input

September 22, 2022 2 mins read

Hackers Bag $160 Million in Wintermute DeFi Exploit

The CEO said that the company was still financially stable. The hacker’s ETH address is presently holding $163 million worth of digital assets. According to Gaevoy, the company is willing to consider the occurrence a “white hat” assault. Evgeny Gaevoy, founder and CEO of Wintermute, state that the business has

September 21, 2022 2 mins read
Boba Network Now First L2 on Avalanche

Boba Network Now First L2 on Avalanche

With the release of their L2 scaling solution on Avalanche, Boba Network becomes the first multichain Layer-2 blockchain. It’s the first time Avalanche has had an L2 and its Boba. It further establishes Boba as the de facto standard L2 for scaling blockchain networks, and gives Avalanche developers an additional

September 21, 2022 3 mins read
WazirX Announces Delisting of USDC, USDP, and TUSD

WazirX Announces Delisting of USDC, USDP, and TUSD

Existing user balances in these coins will be automatically converted to BUSD. On September 26, spot market pairings for all three stablecoins would be delisted. Indian cryptocurrency exchange WazirX has just stated it would be delisting three stablecoins. USD Coin (USDC), Pax Dollar (USDP), and TrueUSD (TUSD). Existing user balances

September 19, 2022 2 mins read
Uplift DAO and InsurAce.io Collaborate to Protect IDO Launches

Uplift DAO and InsurAce.io Collaborate to Protect IDO Launches

As a community, the team excitedly shared some encouraging news. It joined forces with one of DeFi’s most promising IDO accelerators. The market is ripe for disruption, and it may be found in a launchpad platform and crowdfunding community that brings together the vision of long-term support and the muscle

September 19, 2022 3 mins read
ApeCoin Surges Over 15% Despite Sluggish Market Sentiment

ApeCoin Surges Over 15% Despite Sluggish Market Sentiment

APE projected heightened bull vigor after breaking over the 20/50/200 EMA. A breakdown of the $5.20-$5.22 range at the close would indicate a near-term downtrend. Although ApeCoin (APE) fell from its two-month peak in early August, the cryptocurrency was able to recover and find support at the $4.2 support level.

September 18, 2022 2 mins read
Palau Collaborates With Ripple to Launch Countries First Stablecoin

XRP Price Surges Nearly 12% Despite Overall Bearish Market

The parties’ joint schedule plan was accepted by District Judge Torres. The hearing scheduled on September 19, 2022, is very important. The price of XRP, Ripple’s native token, has increased by nearly 12% in the last 24 hours. The token’s rapid rise has propelled it into the ranks of the

September 17, 2022 1 min read
Yuga Labs Awarded Injunction and Damages in Knockoff NFTs Lawsuit

Yuga Labs Appoints First Chief Gaming Officer (CGO)

On Friday, Bored Ape Yacht Club NFT creators Yuga Labs announced the hiring of Spencer Tucker as the company’s first Chief Gaming Officer. Tucker will be in charge of overseeing the creation of Yuga’s Web3 game initiatives, beginning with the “Otherside” metaverse. In January of this year, Otherside caused a

September 17, 2022 2 mins read
Multi-chain Lending Protocol Hundred Finance Exploited of $7.4M

Dutch Police Unveil Alleged Money Laundering Using Crypto

The arrest of the criminal was noted on the website of the Dutch police force. This person is suspected of using a malicious Electrum wallet software update. Central Netherlands cybercrime officers have detained a 39-year-old man from Veenendaal on allegations of laundering tens of millions of euros via fraudulent use

September 15, 2022 2 mins read
Crypto Mixer Sinbad Faces U.S Sanctions Over Money Laundering

U.S OFAC Sanctions Wallet Addresses of Ransomware Group

A rural electric utility company, a children’s hospital, and others are among the sanctions. The suspected attackers and their firms have been added to OFAC’s sanctions list. A ransomware gang linked to Iran’s Islamic Revolutionary Guard Corps (IRGC) has been sanctioned by the United States Treasury’s Office of Foreign Assets

September 15, 2022 2 mins read
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