A blog that covers everything that's happening in crypto world.
17 Aug 2024 1 minute read 0 comments Talha.Khalid
BlackRock has consolidated its dominance in the cryptocurrency ETF market, surpassing Grayscale in holdings of bitcoin (BTC) and ether (ETH), Ethereum's currency, for the first time. BlackRock-managed iShares Bitcoin Trust (IBIT) and iShares Ethereum...
15 Aug 2024 1 minute read 0 comments Talha.Khalid
Another batch of bitcoins (BTC) seized from the Silk Road cryptocurrency exchange was sent by the US government to Coinbase's professional custody service, bringing the total to 40,000 BTC under the custody of the largest cryptocurrency exchange in t...
14 Aug 2024 1 minute read 1 comment Talha.Khalid
Coinbase, the world's second-largest cryptocurrency exchange, is launching a "wrapped" version of Bitcoin. It will do so on Ethereum's second layer (L2) network called Base, which is developed by the exchange itself. Through a post on X, the platfo...
11 Aug 2024 1 minute read 0 comments Talha.Khalid
After completing the development stage, Ripple, the company that issues XRP, has begun the testing phase of its stablecoin, Ripple USD (RLUSD). Initially RLUSD is in a private beta version, being tested on the XRP Ledger and Ethereum networks. Althou...
8 Aug 2024 2 minute read 1 comment Talha.Khalid
For years, Tether has been promising that its digital dollar, USDT, would be available on Bitcoin's Lightning Network. In 2019, Paolo Ardoino, who was then Tether's CTO (he is now the company's CEO), had assured that, no later than next year, USDT wo...
8 Aug 2024 2 minute read 1 comment Talha.Khalid
A sense of optimism and excitement swept through the Ripple (XRP) ecosystem today after the US District Court for the Southern District of New York decided that the company must pay a fine of $125 million for violating securities law. The ruling was...
28 Jul 2024 1 minute read 1 comment Talha.Khalid
On Friday, July 26, Péter Szilágyi questioned the direction that the Ethereum Foundation would be taking and what the future of the smart contract network would be like. Through his X account, the developer expressed his fears that the project will i...
27 Jul 2024 2 minute read 0 comments Talha.Khalid
There are around a dozen countries that have spot bitcoin (BTC) ETFs on their stock exchanges. But Japan is not one of them – yet. The situation for the country of the rising sun could change thanks to certain alliances and business movements that ar...
26 Jul 2024 2 minute read 1 comment Talha.Khalid
The United Kingdom, which currently holds more than 60,000 bitcoin (BTC), should convert these holdings into reserves and make them part of the nation's treasury, according to the Bitcoin Policy UK institute. In a working paper released this week, th...
26 Jul 2024 1 minute read 0 comments Talha.Khalid
Cryptocurrency exchange Kraken has announced that it has completed the distribution of bitcoin (BTC) to creditors of the defunct Japanese platform Mt. Gox who had chosen the exchange to receive the funds. These refunds are causing concern among inves...
