Ammar Raza
Ammar Raza is an individual with a strong interest in the world of cryptocurrency. He has written extensively on topics such as non-fungible tokens, decentralized apps, and blockchain technology. In addition, he is passionate about collaborating with innovative companies to drive meaningful change.
Aave v3 Of Crypto Lending Protocol To Launch On Ethereum
News

Aave v3 Of Crypto Lending Protocol To Launch On Ethereum

The decentralized lending platform Aave has received approval from its DAO to release its newest protocol version, Aave v3, on the Ethereum blockchain. The launch was given the green light through a successful vote by the Aave DAO. However, it will offer
Jan. 26, 2023
Cardano Stablecoin Djed Is Set To Launch Next Week
News

Cardano Stablecoin Djed Is Set To Launch Next Week

The ‘Djed’ Cardano stablecoin’s long-awaited debut date has been revealed. Additionally, the COTI Network revealed on January 25 that the Cardano stablecoin would go live the following week. Although a date was not given, earlier blog posts
Jan. 25, 2023
Grayscale’s Bitcoin ETF Appeal Oral Arguments Scheduled
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Grayscale’s Bitcoin ETF Appeal Oral Arguments Scheduled

According to a court order filed on Monday, the District of Columbia Court of Appeals will commence the hearing of oral arguments on Grayscale Investment’s appeal against the SEC’s denial of converting Grayscale Bitcoin Trust into an ETF. However,
Jan. 25, 2023
St Maarten Adopts Tron As Legal Tender: Impact On TRX Price
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St Maarten Adopts Tron As Legal Tender: Impact On TRX Price

Tron has been officially recognized as a legal form of currency by St Maarten, a country in the Kingdom of Netherlands. However, on January 24, Justin Sun revealed that TRON [TRX] had reached a new goal, moving closer to the network’s goal of rapid
Jan. 24, 2023
European Banks Required To Fully Capitalize Crypto Holdings, Draft Proposal States
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European Banks Required To Fully Capitalize Crypto Holdings, Draft Proposal States

A leaked document reveals that banks will be mandated to categorize crypto as the most high-risk class of assets, per the final proposed amendments of the 2021 package, to align European Union bank capital regulations with global standards. However, the
Jan. 24, 2023
BlockFi Sells Off $160 Million In Bitcoin Mining Machine Loans: Report
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BlockFi Sells Off $160 Million In Bitcoin Mining Machine Loans: Report

As part of bankruptcy proceedings, the bankrupt cryptocurrency lending company BlockFi intends to auction off $160 million in debts secured by over 68,000 Bitcoin mining rigs, according to reports. As stated in a January 24 Bloomberg report citing
Jan. 24, 2023
Coinbase Reportedly Said It Will Cease Operations In Japan
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Coinbase Reportedly Said It Will Cease Operations In Japan

Coinbase announced in a blog post that it would halt its operations in Japan due to market conditions and conduct a complete review of its business in the country. They are dedicated to making the transition as effortless as possible for their valued
Jan. 18, 2023
FTX Debtors Share Evidence On Crypto Assets Acquired Thus Far
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FTX Debtors Share Evidence On Crypto Assets Acquired Thus Far

FTX Trading, along with its associated companies, referred to as the FTX Debtors, has released information about the specific crypto assets they have discovered as part of their efforts to recoup funds from the failed crypto exchange and its related
Jan. 17, 2023
SEC Charges Over Gemini, Genesis Earn Program Latest Shot At Crypto Lending
News

SEC Charges Over Gemini, Genesis Earn Program Latest Shot At Crypto Lending

The SEC’s recent charge over cryptocurrency exchange Gemini and Genesis for a loan product is yet another warning shot to the sector on yield-bearing accounts. On January 12, the US Securities and Exchange Commission sued Gemini and Genesis for the
Jan. 17, 2023