Karikari Daniel
I am an avid crypto and blockchain content writer with over 3-years of experience. I am open to writing your PR, blog, news articles, and other crypto-related content anytime.
Articles by Karikari Daniel
2 years ago
1 min read
A whale just moved tens of millions of dollars’ worth of Bitcoin (BTC) in the midst of a decline in the unsteady cryptocurrency markets. The Bitcoin whale sent 12,970 BTC, which were worth slightly more than $248 million at the time of sending, from one unidentified wallet to another unidentified wallet, according to whale watcher Whale Alert. According to information from decentralized network explorer Blockchain.com, the transaction cost about $22. At the time of writing, the price of one bitcoin is $19,717.77. The recipient address of the significant cryptocurrency transfer is currently the 66th-richest Bitcoin address and currently holds about
2 years ago
1 min read
The biggest cryptocurrency exchange in the world, Binance, made an exciting announcement earlier on October 14 to support the cryptocurrency mining sector. A $500 million lending project to support the cryptocurrency mining sector has been announced by Binance Pool. The Binance official announcement is as follows: “”As one of the world’s leading crypto mining pools, Binance Pool has a responsibility to help maintain a healthy digital asset ecosystem. In light of current market conditions, Binance Pool is launching a $500million lending project to support crypto miners and digital infrastructure providers.” This project is a first-of-its-kind for Binance Pool, according to
2 years ago
1 min read
Inflation in the United States is currently 8.2%, a tenth of a percent higher than anticipated but lower than last month’s 8.3%, according to newly released economic data. The Federal Reserve’s future policy, will be informed by the key consumer report, including interest rates, which reveals that inflation is slowing. However, it is reported to be more slowly than anticipated. This could lead to more interest rate increases from the central bank very soon. After two months of decline, data from the Producer Price Index (PPI) published yesterday showed that the rate of PPI inflation was 8.5% through September, up
2 years ago
2 mins read
The First Information Report (FIR) filed on Polygon enables Firozabad residents to file complaints against the Indian police without being concerned that they will be ignored or fabricated. After the debut of a new police complaint portal that uses blockchain technology to prevent manipulation, the 2.8 million residents of India’s Firozabad district may now be able to sleep a little more soundly. On October 12, co-founder of Polygon Sandeep Nailwal tweeted that the Firozabad police in Uttar Pradesh had begun using the Polygon blockchain protocol to combat local police corruption and crime. The portal, known as the FIR, enables victims
2 years ago
1 min read
On October 12, 21.co, a provider of crypto investment products, announced that its subsidiary, 21Shares AG, has launched a bitcoin exchange-traded product (ETP) on Nasdaq Dubai. As a result, it makes it the first physically-backed bitcoin ETP in the Middle East. Furthermore, the launch comes after a $25 million investment round headed by the hedge fund Marshall Wace last month, valuing 21.co at about $2 billion. You should note that 21.co CEO Hany Rashwan has previously said the business strives to have all of its products, including single-asset crypto ETPs and indexes, available in “every single geography.” A statement released
2 years ago
1 min read
Mango Markets attacker puts forward proposal that would pay them $70 million bounty after stealing around $116 million from the DeFi platform. On October 11, an exploiter stole about $116 million from Mango Markets. In exchange for supporting a governance proposal, they would receive about $70 million as a bounty reward. The governance proposal is currently open for voting, which will end on October 14 at 9:12 p.m. Eastern Time. The attacker has also used the 0.66% of the total supply of stolen MANGO tokens they have obtained to vote in favor of the proposal. According to the proposal, the
2 years ago
2 mins read
Justin Sun, the founder of Tron, was revealed to be a shadow owner of the crypto exchange just one week after Huobi Global disclosed a change in the shareholder structure. However, he has denied rumors of a buyout. Sun’s role has actually been restricted to that of a global advisor. The news comes after reports that Huobi founder Leon Li was considering selling his majority stake for more than $1 billion, which would value the exchange at $3 billion. According to reports, Huobi’s majority shareholder, Li has an agreement with the Hong Kong-based investment firm About Capital Management to sell
2 years ago
1 min read
Huobi Global, formerly the biggest cryptocurrency exchange in China, has announced that an investment strategy firm has taken control of it. Huobi Global stated on October 7 that the transactions to sell the controlling shareholders’ entire shareholdings to About Capital Management had been completed. Ted Chen founded About Capital in 2008; it is a discrete fund management company with offices in Hong Kong. Chen was also the creator of the enormous Chinese hedge fund Greenwoods Asset Management. The takeover by About Capital won’t have an impact on Huobi’s “key operating and business management personnel,” according to the release. Only the
2 years ago
1 min read
A statement from Lido Finance says that the largest Ethereum staking service is now available on Layer-2. On October 6, the development was announced via a tweet from the team, who stated that they had been working towards “a full L2 roll-out to support the expansion of Ethereum while providing access to unique strategies possible through liquid staking.” With token bridging to the well-known Ethereum scaling solutions Arbitrum One and Optimism, Lido now permits ETH staking directly on Layer-2. The development team added that Phase 1 of the roll-out will “direct wstETH bridging to Arbitrum One and Optimism, maintaining the
2 years ago
1 min read
The European Union is tightening its economic sanctions against Russia to include all cryptocurrency wallets and more. This comes as Russia’s invasion of Ukraine enters its seventh month. In addition to severe sanctions against Russia over its aggressive actions in Ukraine, the EU has introduced more bans, including but not limited to cryptocurrency services. The European Commission said in a press release on October 6, “The existing prohibitions on crypto assets have been tightened by banning all crypto-asset wallets, accounts, or custody services, irrespective of the amount of the wallet (previously up to €10,000 was allowed).” For instance, the EU banned the
2 years ago
1 min read
According to a statement from the US Department of Justice (DoJ), a Canadian man was given a 20-year prison sentence for his involvement in the infamous NetWalker ransomware attacks. Sebastian Vachon-Desjardins, a 35-year-old resident of Quebec, was returned to the United States as a result of the extradition agreement between this nation and Canada. According to the announcement, Canadian law enforcement detained the defendant in January 2021 and carried out a search warrant at his residence in response to a request made by US authorities. Additionally, Vachon-Desjardins was told to forfeit $21.5 million. As per the DoJ, the defendant collaborated
2 years ago
1 min read
After initially debuting in Australia and Vietnam, the eagerly anticipated Shiba Inu card collectible game is now accessible worldwide. An official announcement states that Shiba Eternity, the collectible card game featuring Shiba Inu, is now available worldwide on both Android and iOS devices. Lead developer Shytoshi Kusama claims that he will concentrate on completing a thorough players’ manual for the game. During the testing phase, some Shiba Inu fans had the chance to play the game in Australia and Vietnam. The community members are occupied downloading and reviewing the app now that the game is accessible to everyone in the
