Sun, May 10
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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

MarketAcross Selected as the Official Media Partner of Blockchain Futurist Conference

MarketAcross Selected as the Official Media Partner of Blockchain Futurist Conference

The Blockchain Futurist Conference, the most renowned annual crypto event in Canada, has chosen MarketAcross as its official worldwide media partner. MarketAcross is the world’s top blockchain PR and marketing firm. Through the agreement, MarketAcross will take charge of pre-and post-event marketing initiatives, choose illustrious speakers, and use its broad

May 15, 2023 2 mins read
BNB Surges 5.44% as Binance Shows Signs of Recovery Amid Legal Battles

Binance Announces Support for Upcoming Bitcoin Cash Upgrade

On May 15, a big update will be implemented for Bitcoin Cash, a spin-off of the Bitcoin network. According to Wu Blockchain, the key feature of the update is the addition of a token issuance mechanism similar to ERC20 called CashTokens. Smart contracts comparable to Ethereum but far more efficient

May 14, 2023 2 mins read
Revolut Suspends Crypto Trading Services for U.S Customers

Bakkt Delists Most Tokens From Newly Acquired Apex Crypto Platform

Twenty-five of the thirty-six crypto tokens were removed from Bakkt’s newly acquired Apex Crypto trading platform. A business spokesperson explained the change on May 12 by saying it was “part of our regular coin listing review process.” Fewer specifics are available. Although most of the abandoned tokens are associated with

May 14, 2023 1 min read
Terra Classic, LUNC, Do Kwon

Lawsuit Filed Against Jump Trading Over Terra’s UST Price Manipulation

A new class action lawsuit has been filed against Jump Trading, alleging that the company manipulated the price of the algorithmic stablecoin UST by buying large amounts of the token in an effort to drive its value closer to $1 while concealing this fact from investors. According to the class

May 12, 2023 1 min read
Elon Musk

Elon Musk Announces Linda Yaccarino as Next Twitter CEO

On Friday, billionaire Elon Musk announced that Linda Yaccarino will be taking over as Twitter’s chief executive officer. After Musk ousted the executive team in October 2022, when he took over the social media firm, this is yet another huge upheaval at the top of Twitter leadership. Musk has said

May 12, 2023 2 mins read
Tether

USDT Stablecoin Issuer Tether Reports $1.48B Net Profit in Q1 2023

Tether Holding Limited, a stablecoin issuer, has announced that its reserves surplus has increased to $2.44 billion, a $1.48 billion up in net profit. Many digital assets had a dramatic gain in value during this time, which may be attributed to the general revival of the crypto market. Tether's Latest

May 10, 2023 2 mins read
Venom Partners With Kenyan Government to Launch a Blockchain Hub

Venom Partners With Kenyan Government to Launch a Blockchain Hub

With their recent testnet launch and hackathon, Venom has garnered a lot of attention, and now they’ve inked an MOU with the Kenyan government to establish a blockchain center in Kenya dedicated to the development of Web3 apps. The strategic agreement between the Venom Foundation and the Government of Kenya would

May 10, 2023 3 mins read
MaskEX Dubai's VARA

MaskEX Receives Highly Acclaimed Initial Approval From Dubai’s VARA

The Virtual Asset Regulatory Authority (VARA) of Dubai has given the next-generation cryptocurrency exchange MaskEX initial approval to start making plans to launch in the United Arab Emirates (UAE). The approval is a significant step for MaskEX, which has been working hard to increase its footprint in the Middle East and spread awareness

May 9, 2023 2 mins read
Oman Progresses on Virtual Asset Regulatory Framework

Supreme Court of China Provides Crypto Framework for Legal Disputes

Since September 2021, crypto transactions and mining have been illegal in China. However, the prohibition has become more of a guideline in actual use. Since its introduction, crypto taxation has been a topic of discussion among Chinese officials. In addition, a judgement decided in 2022 made it clear that residents

May 8, 2023 1 min read
Crypto Market Rallies as U.S CPI Inflation Comes in at 4.9% for April

Bitcoin Average Transactions Fees Surges to $19.20 Amid Recent Congestion

Fears of a Denial of Service (DoS) “attack” on the Bitcoin network were voiced on Crypto Twitter over the weekend due to a dramatic increase in transaction fees and unconfirmed transactions. In response to these concerns, several Bitcoin experts and pundits have sought to reassure their individual communities. According to

May 8, 2023 2 mins read
Little Pepe