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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

Solana (SOL) Price Faces Correction After Brief Bullish Rally

Solana’s price has risen to $144.5, its highest level in two months. SOL price might rise to $152 if the bulls can reclaim control. This week, we’ve seen a mixed signal from the crypto market with both a bearish and bullish push. As of this writing, Solana is one of

April 4, 2022 2 mins read

Visa Launches NFT Program to Promote NFT and Support Creators

Visa says it wants to assist creators in grasping the technology underpinning NFTs. Cohort-based training will be offered to selected creators. NFTs are now a significant business stream. With prominent brands like Adidas, Ferrari, Dolce & Gabbana, Hennessy, Nike, and more openly embracing it. Samsung is offering television sets with

April 4, 2022 2 mins read
Chinese Officials Unearth $1.7B Money Laundering in Crypto

Inverse Finance Hacked For $15.6M Amid Rising DeFi Exploits

The attacker injected money into multiple trading pairings. Ola Finance reported it had been hacked for $3.6 million. Inverse Finance (INV), an Ethereum-based lending system, said on Saturday that it had been hacked and that an attacker had made off with $15.6 million in cryptocurrencies. On Inverse’s Anchor (ANC) money

April 3, 2022 1 min read
Kazakhstan Earnings Turns Out $1.5 Million as per Q1 Crypto Mining Report

New Legislation Proposed in Texas Aims to Eliminate Taxes on Bitcoin Mining

The Texas severance tax is a flat 7.5% of the market value of natural gas. Opponents argue that it encourages oil companies to continue drilling. Taxes on the sale of flared gas used to mine Bitcoins would be eliminated under new legislation proposed by the Texas cryptocurrency sector to lower

April 1, 2022 1 min read
Solana (SOL) Price Briefly Rebounds After Steep Fall Amid Outage

Solana Maintains Momentum Overtakes Litecoin as 6th Largest Crypto by Market Cap

Bitcoin and Ethereum have fallen by roughly 5 percent. Solana’s value has risen by more than a third from March’s low of $81. As of this writing, Solana (SOL) has overtaken Litecoin as the sixth-largest cryptocurrency by market capitalization after a remarkable rise over this past week. On Thursday, a

April 1, 2022 1 min read
Cryptocurrency Sales After 1 Year of Possession Declared Tax-free in Germany

ECB Official Fabio Panetta Raises Concerns to Policymakers Regarding Bitcoin

Fabio Panetta is a member of the ECB’s executive board. Panetta said that policymakers should be less tolerant of technology like Bitcoin. Anonymity may be a more urgent issue for the sector as the European Union moves through with its Markets in Crypto Assets legislation. In general, it seems that

March 31, 2022 2 mins read
Terra Co-founder Do Kwon Announces Addition of $100M Worth Bitcoin (BTC)

Terra Purchases More Bitcoin (BTC) Worth $139 Million

As of January 21, there have been no sales of any Bitcoin from the wallet. Terra’s purchases seem to support the Bitcoin market. After a massive BTC buy, almost $1.5 billion in Bitcoin (BTC) has now been gathered in the Terra wallet. On Wednesday, Terra’s wallet address got an additional

March 30, 2022 1 min read
MetaMask’s New Version Release Allows Buying Crypto With Apple Pay

MetaMask’s New Version Release Allows Buying Crypto With Apple Pay

MetaMask charges a 0.875 percent transaction fee.  The Wyre API and Visa or Mastercard may be used to deposit up to $400 each day. When MetaMask released its mobile version 4.3.1 on March 29, the most noteworthy change was the addition of Apple Pay. Using Wyre, a third-party service that

March 30, 2022 2 mins read
MicroStrategy’s BTC Holdings at Loss of $1 Billion!

MicroStrategy to Acquire More Bitcoin (BTC) Following $205M Collateral Loan

The money will be used to buy additional bitcoins for the firm. The last purchase was in February when a $25 million transaction was made. A subsidiary of MicroStrategy, named MacroStrategy, has received a $205 million term loan from Silvergate Bank, collateralized by its BTC holdings, under its SEN leverage

March 29, 2022 1 min read

LunaFi Announces First Gamified Initial DEX Offering (IDO) For Global Participants

Founded by experienced bettors, LunaFi has announced a unique Initial DEX Offering (IDO) that incorporates a fun gamification mechanism into its platform. Known as “LunaFi Crash,” the game enables users to bet ETH and get LFI due to their wagers. The LunaFi rocket rises continually in the round-based match, at

March 29, 2022 2 mins read