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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

Crypto Market Rebounces as U.S Job Openings Fell by 9.6 Million

Job opportunities in the United States dropped by 9.6 million in March, according to data from the Bureau of Labor Statistics, below market forecasts of 9.775 million. Due to increasing interest rates, job openings have dropped to their lowest level since April 2021. Bitcoin’s price shows continued volatility, as it

May 2, 2023 1 min read
coinbase

Coinbase Announces Launch of New International Derivatives Exchange

The United States-based digital currencies exchange Coinbase has expanded internationally by opening a derivatives exchange in Bermuda. Coinbase has been experiencing a variety of regulatory issues in its native country of the United States, especially by the SEC. Thus, this change is timely. Today Coinbase launched Coinbase International Exchange @CoinbaseIntExch

May 2, 2023 2 mins read
XRP

Ripple Releases 1 Billion XRP Worth Around $470M in Circulation

In the action brought forward by the U.S. Securities and Exchange Commission (SEC), Ripple Labs and XRP holders are anxiously awaiting a Summary Judgment. Ripple, however, has released additional XRP into circulation as the day of reckoning draws near. Data shows that in two distinct transactions, Ripple released one billion

May 1, 2023 1 min read
Uzbekistan Cracks Down on Crypto Mining With New Licensing Framework

Bitcoin Mining Firm Bitfarms Achieves New All-time High Hashrate

Bitfarms, a firm that mines for Bitcoin has announced to investors that it has reached a new milestone as a result of its expanded operations in Argentina. A hashrate of 5 exahash per second (5 quintillion hashes per second) was reached on Thursday. Thus, setting a new record for the

April 30, 2023 1 min read
Millions in XRP Shifted As Ripple Case Options Emerge Post-Appeal Denial

ChinaBank Partners With QNB To Enable Remittance Using Ripple’s ODL

ChinaBank, a Philippine banking institution, has partnered with Qatar National Bank (QNB) to enable a direct transfer of funds through the RippleNet payment technology from Qatar to the Philippines. ChinaBank has said that the partnership’s overarching goal is to better serve Filipinos. Especially who have been sent to work abroad

April 30, 2023 2 mins read
Proof of Reserve’s Legislation Inches Closer To Becoming a Law in Texas

Bitcoin (BTC) Mining Difficulty Climbs Amid New Hash Rate ATH

With the latest protocol tweak, mining has become more difficult, and the Bitcoin (BTC) network is exhibiting encouraging indications of strength. Glassnode, a cryptocurrency on-chain monitoring tool, reports that the most recent difficulty adjustment has set a new All-Time High (ATH) of 209 zettahashes (10^21) for the projected number of

April 28, 2023 2 mins read
Polygon Lending Protocol 0VIX Exploited of $2M by Hackers

Polygon Lending Protocol 0VIX Exploited of $2M by Hackers

Lending protocol on Polygon and Polygon zkEVM, 0VIX, purportedly exploited to the tune of $2 million. Multiple stablecoins, including Ethereum and Polygon’s native MATIC token, as well as Aavegotchi’s staked vGHST token, may be used as collateral thanks to this protocol. Aavegotchi is a blockchain-based game that takes inspiration from

April 28, 2023 2 mins read
Findora Introduces Triple Masking ZK SDK: Simple Plug-And-Play Privacy & Auditability For Dapps

Findora Introduces Triple Masking ZK SDK: Simple Plug-And-Play Privacy & Auditability For Dapps

Findora, a cutting-edge Layer-1 blockchain that combines auditability and privacy to support regulatory compliance, has announced the release of its Findora Triple Masking SDK, a universal set of privacy-preserving solutions for Web3. Developers have an easy method to include zero-knowledge proofs into their decentralized applications thanks to the Findora Triple Masking SDK.

April 28, 2023 5 mins read
BNB Surges 5.44% as Binance Shows Signs of Recovery Amid Legal Battles

Binance Announces Addition of DOGE/TUSD Trading Pair

On Thursday, the biggest cryptocurrency exchange in the world, Binance, announced the addition of the DOGE/TUSD trading pair in an attempt to boost Dogecoin trade volume. Dogecoin is now available on Binance alongside the USDT and BUSD trading pairs. Binance is the dominant Dogecoin trading platform, therefore their action is

April 27, 2023 2 mins read

PancakeSwap (CAKE) Price Falls 22% in a Week Amid New Proposal

The value of the native token on PancakeSwap has decreased during the last week. According to CMC, the price of the CAKE token has dropped by around 22.76% over the last week. Since uncertainty surrounds a planned modification to the project’s tokenomics. The BNB Chain is the foundation for PancakeSwap,

April 27, 2023 1 min read
Little Pepe