Abdulkarim Abdulwahab
China-based Businesses Show Signs of Reentry into the Crypto Market
According to data analytic firm, CryptoQuant, there are signs that China is returning to the crypto market. CryptoQuant expressed this sentiment in its most recent weekly report on the digital...
‘Best Time to Buy Bitcoin Is Now,’ Crypto Analysts, Experts Argue
A crypto chart analyst by the username @rovercrc on Twitter recently argued that a potential bull market rally is underway, given that Bitcoin’s historical patterns were reoccurring. The crypto analyst...
Rolls Royce Partners British Painter To Launch ‘Six Elements’ NFT
Luxury carmaker Rolls-Royce Motor Cars has collaborated with internationally acclaimed artist, Sacha Jafri, to release six hand-painted vehicles with their NFTs. Rolls-Royce Motor Cars Dubai and Abu Dhabi teamed up...
Bankrupt BlockFi Reimburses $15M to Investor Threatening Lawsuit
The bankrupt crypto lender BlockFi has reimbursed a whooping sum of $15 million to an investor threatening a lawsuit. Reuter revealed the development early today, noting that the dispute was...
Crypto Lawyer Lashes SEC Chairman for Considering ETH Security
Today, crypto lawyer John Deaton made mocking statements to the chairman of the US Securities and Exchange Commission (SEC), Gary Gensler. Deaton criticized the chairman, saying Gensler would sue even...
Solana Public RPC Endpoints Go Offline Following A Bug In New Release
Famous Chinese reporter, Colin Wu, said that Solana Foundation Public RPC endpoints and Mainnet beta Explorer are currently offline as RPC node software undergoes a maintenance upgrade following a recent...
Crypto Payment Provider Wyre Limits Users to 90% Asset Withdrawal
Another Web3 firm has officially stated that it is battling a liquidity crisis, forcing the company to limit its users’ withdrawal rights. Yesterday on Twitter, Wyre, a global crypto payment...
Crypto Community Believes USDD is Unsafe As Huobi Battles Crisis
The crypto community speculates about a possible recurrence of the monumental stablecoin de-peg that happened seven months ago with UST. Given certain unusual activities around the Huobi Chinese crypto exchange,...
Shibarium Confirms Every On-chain Transaction Would Burn SHIB Token
Shibarium, the layer two blockchain scaling solution, has officially confirmed that every transaction on its network would burn a Shiba Inu (SHIB) token. Shibarium announced the update on Twitter today...
Huobi Experiences Sudden 64% Spike in USDT, USDC Withdrawal Volume
Crypto analytic firm Nansen recently tracked the transaction volume of the Chinese crypto exchange Huobi Global. It revealed that in the last 24 hours, Huobi users have cashed out over...
Avalanche NFT is Now Available to Shopify Merchants Via Venly App
Avalanche (AVAX), an open-source proof-of-stake blockchain, has unveiled a new utility feature for its non-fungible token community. According to an official blog post on Medium, Avalanche NFTs have become available...
Binance Critic Says CZ Continuously Manipulates the Price of BNB
Verified Twitter user, Mike Alfred argued that crypto enthusiasts using the current Binance Coin (BNB) price as a primary indicator of health and solvency are greatly mistaken. Alfred asserted that...
Animoca Plans to Raise $1B in New Metaverse Investment Fund
Animoca Brands Corporation, a leading Web3 firm, has announced its goals for the year’s first quarter. According to a recently concluded Twitter Space, the company hopes to raise about $1...
Solana 24-hr Volume Rises 186% After Traders Exchange $1.5B SOL
While the crypto market remains passive with no significant price movement, the Solana blockchain, which the crypto community predominantly believed would fade out this year, has started making surprising price...
SAND, AXS, MANA: Top Metaverse Coins with Largest 24-Hour Volume
Following the start of a new calendar year, the global crypto market reclaimed the $800 billion price cap. The Metaverse utility coins took a substantial part of the growth. The...
Ben Armstrong: SEC Chair Will Be Forced to Resign After Ripple Wins
Ben Armstrong, the famous crypto influencer on Twitter, declared that the multi-year legal battle between the Ripple (XRP) blockchain and the US Securities and Exchange Commission (SEC) would settle this...
Face-off Between Ripple CTO and Acclaimed Bitcoin Maker Explained
Recently, David Schwartz, the chief technology officer (CTO) of the Ripple blockchain (XRP), and Craig Wright, a self-acclaimed creator of Bitcoin, entered a heated argument, with both parties calling the...
Furious COMP Finance Investors Files Lawsuit Against the Protocol
A few disgruntled investors of the popular Web3 lending service, Compound Finance, have filed a lawsuit asking the business to halt sales of its native COMP coin. The plaintiff, among...
Hong Kong Lays Groundwork To Trade Virtual Asset for Clients
Industry participants in Hong Kong’s financial services sector are effectively laying the framework to allow retail customers to trade virtual assets in the coming months following a critical amendment to...
Bitcoin ATM Count Grows by 543% From 2020 Amid Bear Market
Data shows that despite the significant turbulence that rocked the crypto market in 2022, the number of new Bitcoin (BTC) automated teller machine (ATM) installations remarkably increased. According to CoinATM...
US Department of Justice Is Now Looking At SBF Crypto Transactions
According to Bloomberg, the US Department of Justice has launched an investigation into a series of crypto transactions that Web3 analysts linked to disgraced crypto tycoon Sam Bankman-Fried (SBF). Previously,...
USDC Loan Utilization Rate on Aave Protocol Falls to 20% from 80%
According to data from Delphi Digital, an Institutional grade crypto research firm, the crypto loan utilization rates for prominent collateral types like USDC on the crypto lending protocol, Aave, have...
FTX Japan Publishes Fresh Roadmap for Customers’ Asset Redemption
According to an official document, the Japanese subsidiary of the now-bankrupt crypto exchange FTX is developing a roadmap towards returning customer assets from February next year. The roadmap comprises a...
Ark Invest CEO Asks Web3 Leaders to Learn from FTX Crash
As the dust of the crypto market rumble settles, a Web3 leader is calling on the crypto thought leaders to pick lessons and make new projections for the coming year....
Global Crypto Business Funding Falls from $8B in Q1 to $3B in Q3
The international entrepreneurial magazine Fortune recently counted the top crypto projects that received some of the highest funding in 2022. The report first captured how major investors gradually cut their...
