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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

Qubic Unveils Project X, Revolutionizing Blockchain With 80% Supply Cut

Qubic Unveils Project X, Revolutionizing Blockchain With 80% Supply Cut

The launch of “Project X” is proudly announced by Qubic, a cutting-edge distributed ledger technology based on quorum that also has an AI platform in development. With this initiative, major features and upgrades are introduced to promote long-term community development. It will improve revenues, balance emissions, and support community driven development. A Thriving

August 27, 2024 2 mins read
RepubliK Unveils Creator STOX, Enabling Users to Trade and Invest in Influencer Value

RepubliK Unveils Creator STOX, Enabling Users to Trade and Invest in Influencer Value

RepubliK has announced the official launch of Creator STOX on the STOX Market, a platform that is revolutionizing the social media monetization and valuation of social media by providing direct value streams for influencers and individual content creators. The STOX Market democratizes social media involvement and creates a direct economic connection between creators and their

August 27, 2024 2 mins read
U.S Spot Bitcoin ETFs Reach August Peak with $252M Inflow

U.S Spot Bitcoin ETFs Reach August Peak with $252M Inflow

With the continuation of a seven-day string of positive inflows on Friday, the aggregate value of the spot bitcoin exchange-traded funds in the US hit its highest point so far in August, at around $58.4 billion. In addition, according to statistics from SoSoValue, Friday’s net influx of $252 million was

August 25, 2024 1 min read
Telegram Founder Pavel Durov Arrested in France, TON Drops 16%

Telegram Founder Pavel Durov Arrested in France, TON Drops 16%

French authorities have arrested Pavel Durov, founder and CEO of the encrypted messaging platform Telegram. This is in connection with a search warrant that targets suspected infractions of the platform. Upon arriving at Le Bourget airport north of Paris, Durov was apprehended, according to Le Monde and other French media

August 25, 2024 2 mins read
Latest Report Reveals 7.51% of Global Population Now Uses Crypto

Digital Currency Group Clears Short-Term Debt of Nearly $1B

Blockchain investment behemoth Digital Currency Group (DCG) has paid off all of its short-term debts as of June. This is according to a quarterly shareholder letter the business sent out this week. Thanks in large part to a stellar performance during the first half of the year, the firm was

August 25, 2024 2 mins read
Vitalik Buterin Hails Ethereum's Resilience Over Supermajority

Vitalik Buterin Hails Ethereum’s Resilience Over Supermajority

Ethereum co-founder Vitalik Buterin has lately brought attention to a crucial part of the network’s resilience. He called it “great news” for the Layer 1 network since the percentage of execution clients doesn’t go beyond two-thirds. In addition, the Ethereum blockchain has recently undergone significant modifications, and this announcement follows

August 24, 2024 2 mins read
U.S Court Rejects Kraken's Request to Dismiss SEC Lawsuit

U.S Court Rejects Kraken’s Request to Dismiss SEC Lawsuit

Kraken, a prominent cryptocurrency exchange, is under increasing legal pressure after a US court rejected its request to dismiss the SEC lawsuit. The most recent court filing states that US District Judge William H. Orrick rejected Kraken’s request and directed the exchange to respond to the “complaint” within twenty days.

August 24, 2024 2 mins read
Coinbase Announces Platform Downtime for Upgrade on October 26, 2024

Coinbase Enhances Stablecoin Offering with EURC Integration on Solana

Coinbase has announced that it would offer EURC, Circle’s euro-backed stablecoin that integrates with Solana. With more and more eyes on the crypto industry, the stablecoin market is seeing more attention worldwide, prompting this move. It is worth mentioning that the most recent declaration follows the exchange’s previous statement that

August 23, 2024 2 mins read
Latest Report Reveals 7.51% of Global Population Now Uses Crypto

Bitcoin Exchange Inflows Plummet in August Despite Sell-off Speculation

Bitcoin exchange inflows, defined as the total amount of Bitcoin delivered to exchanges, have declined sharply since early August, notwithstanding transfers from the Mt. Gox bankruptcy estate and concerns of a US government sell-off. Almost 94,000 Bitcoin were delivered to exchanges on August 4, followed by about 49,000 Bitcoin on

August 23, 2024 1 min read
Powerloom Clocks Over 1 Billion Unique Data Points Ahead of Highly Anticipated Mainnet Launch

Fhenix Launches Twin Grant and Bounty Programs to Boost Its FHE Layer2

Two new projects will be launched by Fully Homomorphic Encryption (FHE) Layer 2 Fhenix to hasten the adoption of its expanding ecosystem as per the latest announcement. For developers and projects interested in using Fhenix L2, twin grant and bounty programs have been established to provide incentives and assistance. To encourage researchers to

August 22, 2024 2 mins read
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