zagham abbas
Experienced in creating engaging content and passionate about blockchain tech. I provide clear insights on cryptocurrencies, decentralized finance, and the ever-changing landscape. Trust me as your go-to source to stay updated on the latest in the crypto world.
135 articles by zagham abbas
News
BNB Foundation Incinerates $1.17 Billion Worth of BNB Tokens in Latest Burn
The BNB Foundation has just completed its 27th quarterly burn of BNB tokens on the BNB Chain. An automatic burning mechanism permanently destroyed a staggering 1,944,452.51 BNB tokens, valued at approximately $1.17 billion at the time of the burn. BNB is the
Analysis
Cardano Price Outlook: Analyzing Scenarios Amidst Recent Trends
Cardano’s (ADA) recent price movement has pushed it below the lower boundary of an upward-trending channel over the medium to long term. This suggests its upward climb may slow down, or a period of sideways price action could begin. Key support levels
Analysis
Litecoin (LTC) Poised for 400% Surge: Analysts Bullish on Long-Term Growth
Litecoin (LTC) has decreased its value lately, from around $112 to $71. However, LTC still has significant potential for major long-term growth. More and more investors are getting interested in Litecoin, seeing its appeal that they may have missed before.
News
Uniswap Decentralized Finance Token Soars Amid Bitcoin Halving
The decentralized finance (DeFi) token Uniswap (UNI) saw a lift of an equivalent of 7.2% within 24 hours of trading. This was caused by the same occurrence that pushed the market’s flow up the highly talked-about and much-anticipated Bitcoin halving
News
Tether Prints $1 Billion in New USDT Tokens
Tether, the company behind the leading stablecoin USDT, raised eyebrows earlier this week. It appeared to mint $1 billion worth of new USDT tokens without having the reserves to back them up. Seeking to calm the controversy, Tether’s CEO Paolo Ardoino
News
Ethereum Massive Sell-Off Shakes Crypto Market
A crypto whale made waves in the Ethereum market by selling a staggering 2,000 ETH for a whopping $6 million in USDC. This transaction occurred just six hours after the value of each ETH was around $2,997. The renowned crypto analytics firm Spot On Chain
News
North Korean Hackers Stole $100 Million in Crypto Heist
The FBI has confirmed that North Korean hackers were behind the $100 million cryptocurrency theft from Harmony’s Horizon Bridge last June. The cybercriminal group known as Lazarus Group, backed by the North Korean regime, carried out the audacious
News
Solana Developers Roll Out Software Update to Tackle Network Congestion
Solana developers have released a new software update, version 1.17.31, which is now recommended for general use by mainnet validators. This update aims to tackle the congestion issues caused by the surge in meme coin trading activity on the network. The
News
Hong Kong Approves Launch of Bitcoin and Ether ETFs
As early as Monday, Hong Kong is set to greenlight the launch of new exchange-traded funds (ETFs) that will directly invest in Bitcoin and Ether. This major development involves key financial players, such as an international branch of China’s Harvest
