Author: Mahamat Ashraf

Article written by Mahamat Ashraf

PayPal now allows US business accounts to buy, sell, and store crypto

September 26, 2024 1 min read

PayPal is stepping up its game in the crypto world! As of September 25, US business accounts can now buy, sell, and store cryptocurrencies directly, making it easier for merchants to use digital assets in their operations. However, New York merchants are left out due to regulations. This move is part of PayPal’s mission to help both individuals and businesses manage cryptocurrencies. With this new feature, merchants can handle cross-border

Solana Price Movement Signals Potential Popcat Bull Run But Lunex Coin is Already On Fire. Here’s Why?

September 26, 2024 3 mins read

Solana’s price is showing signs of a possible rise, and many are excited about a potential bull run. But while Solana (SOL) gears up, Lunex (LNEX) is already going strong. With a unique non-custodial exchange and over 50,000 multi-chain pairs, Lunex (LNEX) is attracting attention from investors looking for more than quick gains. It’s turning heads while others, like Popcat (POPCAT), are just warming up. So, why are so many

Imagine If Binance Cost Less Than a Dollar Offered 7,000 Games and Shared Its Revenue Amongst It’s Community

September 25, 2024 3 mins read

BNB might have soared past $600 in the last few days, but its community sentiment is still bearish. Meanwhile, Rollblock ($RBLK) is seeing a huge influx of new investors as the viral GambleFi project only has 10% of tokens left for sale in stage 6 of its presale. BNB (BNB) Faces Market Volatility and Mixed Community Sentiment BNB’s price action turned bullish right after the US Federal Reserve announced an

Shiba Inu’s burn rate surges by 700%, removing 15 million SHIB tokens from circulation

September 24, 2024 1 min read

Shiba Inu has witnessed a 700% surge in its burn rate, accompanied by optimistic remarks from Shytoshi Kusama during the Token2049 event in Singapore. The SHIB token initially experienced an increase above 9%, but is presently trading with a 0.18% decline during the past 24 hours. The recent increase in burn rate has eliminated 15 million SHIB tokens from circulation, prompting the market to expect additional gains. A majority of

Top 4 Budget-Friendly Cryptos Under $0.25 Poised to Break Out in the Next Bull Cycle!

September 22, 2024 4 mins read

In the ever-evolving landscape of cryptocurrency, investors are always on the lookout for the next big opportunity that can deliver massive gains. While Bitcoin (BTC) remains the cornerstone of many portfolios, savvy investors know that the real potential for outsized returns often lies in the altcoin market. With the 2024 bull run on the horizon, those who bet big on Ethereum are now setting their sights on a new contender

ATLETA Network Supercharges Web3 with New Grant Program

September 20, 2024 3 mins read

The ATLETA Network just doubled its user base to over 500,000 and is rolling out a Grant Program to revolutionize DeFi, e-sports, and Web3 dApps. ATLETA isn’t just offering funding. It grants a gateway to the network’s multi-layer, cross-chain blockchain designed to modernize the sports industry. Grants, predominantly in $ATLA coins, range from 5,000 to 100,000 $ATLA, or from $2,500 to $200,000. When ATLETA launched its testnet in June 2024, over 100,000

Bitcoin is trading above $60,000 as traders await announcements from the FOMC

September 18, 2024 1 min read

Bitcoin (BTC) remained above $60,000 early Wednesday, after a brief decline below this threshold during late U.S. hours. Traders anticipate that U.S. Federal Open Market Committee (FOMC) chair Jerome Powell will announce interest rate reductions during the upcoming meeting. BTC was trading at slightly above $60,300 at the time of reporting, reflecting an increase of nearly 4% in the last 24 hours, so extending weekly gains to over 7%. Prominent

ICP EU Hackathon Returns, Focusing on AI and Web3 Innovation

September 17, 2024 3 mins read

The ICP EU Hackathon is back, and this time with AI as the central theme!  Organized by the ICP EU Alliance, a collaborative network of ICP Hubs from across Europe, including Portugal, Bulgaria, Poland, Germany, and France – the event is set to kick off this September. The AI hackathon brings together Europe’s most talented developers, entrepreneurs, and Web3 enthusiasts, providing an arena to reimagine decentralised applications and services built on the

Circle faces backlash for delaying action in freezing $5 million linked to North Korea’s Lazarus Group

September 16, 2024 1 min read

Stablecoin issuer Circle has faced criticism for freezing approximately $5 million associated with North Korea’s Lazarus Group. The hacker organization is accountable for several prominent Bitcoin breaches and the postponement of freezing these assets has elicited significant criticism. On September 14, blockchain investigator ZachXBT disclosed that stablecoin issuers, including Tether, Circle, Paxos, and Techteryx, blacklisted two wallets associated with the Lazarus Group, which had around $4.96 million in assets. Nonetheless,

FTX co-founder and former CEO Sam Bankman-Fried appeals his fraud conviction

September 14, 2024 1 min read

FTX co-founder and former CEO Sam Bankman-Fried has filed an appeal to overturn his fraud conviction, claiming that he did not get a fair trial and should be tried again before a new judge. Bankman-Fried’s attorneys believe that FTX was never insolvent and had billions of dollars to reimburse clients despite the liquidity crisis that killed the platform. They argue that FTX’s legal consultants took over when market conditions rattled

FTX exchange settles $600M Robinhood shares dispute with Emergent for $14M

September 11, 2024 1 min read

The insolvent cryptocurrency exchange FTX has finalized a deal with Emergent Fidelity Technologies concerning roughly $600 million in Robinhood shares. The agreement, revealed in a filing by FTX CEO John Ray III in a Delaware Bankruptcy Court, included FTX disbursing $14 million to address administrative expenses related to Emergent’s retraction of its claim to the contested shares. The agreement seeks to optimize value for creditors while reducing litigation expenses. Emergent

India’s Financial Intelligence Unit is set to approve two new offshore crypto exchanges

September 7, 2024 1 min read

The Financial Intelligence Unit (FIU-India) of India is expected to approve two further offshore cryptocurrency exchanges to recommence their activities by the conclusion of the fiscal year 2025, after a comprehensive evaluation of their adherence to anti-money laundering (AML) legislation. The FIU is presently evaluating four fresh requests from four exchanges that were previously prohibited due to their failure to comply with India’s rigorous AML requirements. The agency stressed the