Fri, September 19
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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

Binance Hires New Compliance Officer Amidst Ongoing Legal Probes

Binance Adds Pendle (PENDLE) To Innovation Zone, Price Surges 50%

Binance, the biggest cryptocurrency exchange in the world, has added support for Pendle (PENDLE) to its Innovation Zone. Pendle’s price increased by more than 50 percent after it was listed on Binance. Binance recently stated on its blog that it would begin trading in Pendle (PENDLE) on July 3, 2023,

July 3, 2023 2 mins read
Ethereum Co-founder Vitalik Buterin Advocates for Open-Source AI

Vitalik Buterin Reveals Staking Only Tiny Portion of ETH

Vitalik Buterin, one of Ethereum’s founders, has said that he does not stake all of his Ether since multisignature wallets are “complicated in a bunch of ways.” Buterin explained the “biggest reason” he is only staking a tiny portion of his ETH on the June 29 edition of the Bankless

July 2, 2023 1 min read
BlackRock's Bitcoin ETF Surpasses MicroStrategy's Holdings

Coinbase Named as Surveillance-Sharing Partner in Cboe’s ETF Refiling

Four companies resubmitted their spot bitcoin ETF applications on Friday after it was reported that SEC was dissatisfied with the previous round of filings by several major financial institutions. These institutions included Blackrock, Wisdomtree, Valkyrie, Fidelity, Ark Investment, and Invesco. Information that the ETF registrations were “inadequate” was out on

July 2, 2023 1 min read
Litecoin Hash Rate Hits New ATH, Price Up 28% in Last 24 Hours

Litecoin Hash Rate Hits New ATH, Price Up 28% in Last 24 Hours

The next Litecoin halving is scheduled for August 2, 2023, at block 2,520,000. The network hash rate has already hit an all-time high, which is good news for Litecoin miners as they wait for the highly awaited event. The price of LTC has risen by almost 28% in the last

June 30, 2023 2 mins read
Bitcoin

Bitcoin Supply on Exchange Drops to Lowest Level in Last 5 Years

In a major shift for the cryptocurrency industry, Bitcoin’s percentage supply on exchanges has dropped to 11.7%, the lowest level in the last five years. Around 1.84 million wallet addresses have reportedly acquired 910,000 Bitcoins, a significant sum in light of the rising demand for Bitcoin. BlackRock’s application of a

June 30, 2023 1 min read
Court Rejects FTX Founder SBF’s Plea To Dismiss Criminal Charges

Court Rejects FTX Founder SBF’s Plea To Dismiss Criminal Charges

Judge Lewis Kaplan refused Sam Bankman-Fried’s petition to throw out or sever most of the allegations in his thirteen-count criminal indictment, dealing a huge blow. Sam Bankman-Fried is the founder of FTX and Alameda Research. Sam Bankman-Fried (SBF) has been accused of running a multibillion-dollar Ponzi scheme using his crypto

June 28, 2023 2 mins read
MicroStrategy Continues Accumulation Spree, Acquires 14,620 BTC

MicroStrategy Piles Up Additional 12,333 Bitcoin Worth $347M

On Tuesday, June 27, MicroStrategy, the biggest corporate holder of Bitcoins, announced the acquisition of Bitcoins (BTC) for an astounding $347 million. MicroStrategy CEO Michael Saylor made the latest disclosure on Tuesday, stating that the company has acquired 12,333 Bitcoin. On Twitter, Saylor sent the following message: “MicroStrategy has acquired

June 28, 2023 1 min read
Fidelity Investments Reportedly Filing for Spot Bitcoin ETF Soon

Fidelity Investments Reportedly Filing for Spot Bitcoin ETF Soon

In what may be a watershed moment for the Bitcoin exchange-traded fund (ETF) industry, prominent firms are rushing to submit applications to the U.S. SEC in June 2023. On June 15, 2023, Blackrock, the biggest asset manager in the world, applied for the same, and it was quickly followed by

June 27, 2023 2 mins read
Robinhood Lays Off

Robinhood Lays Off 7% Personnel Amid Low Trading Volumes

On June 26th, Robinhood Markets announced that they will be laying off around 7% of its full-time staff. This equates to around 150 people. This change is being implemented as the company attempts to combat declining client engagement. The organization stated: “We’re ensuring operational excellence in how we work together

June 27, 2023 1 min read
OKX's BRC-20 Token Standard Security Assessment Approved by CertiK

OKX’s BRC-20 Token Standard Security Assessment Approved by CertiK

OKX’s implementation of the BRC-20 token standard has passed a security assessment conducted by CertiK, the industry leader in blockchain security. This is a crucial step towards adding Ordinals to the Bitcoin blockchain. And a turning point for the cryptocurrency and blockchain industries. CertiK and @okx have joined forces to

June 26, 2023 2 mins read
Little Pepe