Syed Ali Haider
Ali Haider is a Blockchain enthusiast and writer passionate about enhancing the acceptance, adoption, and integration of Blockchain technology worldwide. He has also advocated for digital freedom and cybersecurity for many years.
334 articles by Syed Ali Haider
News
$243M Liquidated as Bitcoin Breaks Below $64k
On April 25, the price of Bitcoin (BTC) fell below $64,000, triggering widespread liquidations of long positions across the crypto market. The price drop is attributed to several factors, including the arrest of Samourai Wallet founders, escalating
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BlackRock’s Bitcoin ETF Inflows Fall to Zero, BTC Drops
On April 24, BlackRock’s spot Bitcoin exchange-traded fund (ETF), which trades under the ticker IBIT on Nasdaq, recorded zero net inflows for the first time since its launch in the United States on January 11. IBIT has continuously attracted millions of
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US Prosecutors Seek 36 Months’ Jail for Binance Founder Zhao
In a court filing on April 23, US prosecutors said Binance founder and ex-chief executive Changpeng Zhao should serve 36 months in prison over the allegations of violating the anti-money laundering laws (AML). Zhao pleaded guilty in the US to anti-money
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SEC Postpones Decision on Spot Ethereum ETF Proposals from Grayscale, BlackRock, and Franklin Templeton
On April 23, the US Securities and Exchange Commission (SEC) postponed its decisions on the Grayscale and BlackRock applications for spot Ethereum (ETH) exchange-traded funds (ETFs). The SEC issued notices of the delay in the Grayscale decision and the
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Crypto.com Halts Its Launch in South Korea
Singapore-based crypto exchange Crypto.com has postponed its market entry into South Korea due to regulatory concerns. South Korea’s Financial Intelligence Unit (FIU), overseen by the Financial Services Commission (FSC), found Anti-Money Laundering
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PayPal Proposes Incentive Program for Bitcoin Miners Using Low-Carbon Energy Sources
International payments giant PayPal plans to reward Bitcoin (BTC) mining companies that make their operations more eco-friendly. According to an April 22 blog post, in collaboration with Energy Web and DMG Blockchain Solutions, PayPal’s Blockchain
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Binance to Fully Restrict Unverified Sub-accounts on Exchange Link Program
On April 5, crypto exchange Binance unveiled more stringent Know Your Customer (KYC) measures. Starting from April 20, users who have not submitted the required KYC information will no longer be able to access their sub-accounts created as part of the Binance
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Ethereum L2s to Reach $1T Market Cap by 2030: VanEck Analysts
In an April 3 report, analysts from investment management company VanEck forecasted Ethereum‘s Layer-2 protocols will hit a market capitalization of $1 trillion by 2030. VanEck’s prediction is based on the significant growth and impact of L2
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ARK Bitcoin ETF Daily Outflows Surpass Grayscale’s GBTC for the First Time
Cathie Wood’s ARK 21Shares Bitcoin ETF (ARKB) saw net outflows of $87.5 million on April 2, the highest since its debut, according to preliminary data from Farside Investors. This outflow is equivalent to approximately 1,300 BTC. The amount surpasses
