Author
Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.
NewsWhy is Bitcoin Dropping? Bitcoin Falls to $79K as Crypto Market Bleeds
Bloodshed in the crypto market doesn’t seem to be stopping. Nearly $700 billion has been wiped out, and Bitcoin has crashed from $99,000 to $79,000 in just eight days – erasing all the gains from the Trump-fueled rally. Fear is gripping the market, and investors are scrambling to figure out what’s next. Is this just …
Mustafa Mulla·28 Feb 20253 min
NewsBybit Gets Green Light to Launch Crypto Platform in UAE
Bybit, one of the biggest crypto exchanges, is getting closer to securing a full operational license in the United Arab Emirates (UAE). This approval comes at a crucial time, as the exchange recently suffered a massive $1.4 billion hack. The exchange recently received in-principle approval (IPA) from the UAE’s Securities and Commodities Authority (SCA), bringing …
Mustafa Mulla·27 Feb 20252 min
Sam Bankman-Fried’s Prison Tweets Shake Crypto Market, FTT Price Spikes
Former FTX CEO now serving a 25-year prison sentence, has somehow managed to shake up the internet again! This time, it’s through a series of unexpected tweets from behind bars. But how is he tweeting from prison? And why did his comments cause a sudden spike in FTT’s price? His tweets seemed to reference Elon …
Mustafa Mulla·25 Feb 20252 min
Grayscale’s Cardano ETF Under SEC Review – Decision Expected by Aug. 2025
The U.S. Securities and Exchange Commission (SEC) has officially started reviewing Grayscale’s proposal for a Cardano (ADA) exchange-traded fund (ETF). If approved, this would be a major milestone for Cardano, making it easier for investors to gain exposure to ADA through traditional markets. This move follows NYSE Arca’s request to list and trade shares of …
Mustafa Mulla·25 Feb 20252 min
EU Sanctions Russian Crypto Exchange Garantex, Cuts Global Access
The European Union has taken a major step in restricting Russia’s access to digital assets by imposing full sanctions on the Russian cryptocurrency exchange Garantex. This is the first time the EU has directly sanctioned a Russian-based crypto platform, blocking it from the European financial system. The move is part of the EU’s sixteenth package …
Mustafa Mulla·24 Feb 20252 min
Bybit Buys $742M Ethereum to Stabilize Reserves Post $1.4B Historic Hack
Bybit is making a strong comeback after suffering one of the largest hacks in crypto history. In a shocking turn of events, hackers drained a staggering $1.4 billion from the exchange, sending shockwaves through the crypto world. But instead of crumbling under pressure, Bybit has fought back – hard. The exchange has reportedly purchased $742 …
Mustafa Mulla·24 Feb 20252 min
NewsBinance’s Changpeng Zhao Flags Security Risks After $1.4B Bybit Hack
First WazirX, then Phemex, and now Bybit—three major crypto hacks in a short span. The latest breach, a staggering $1.4 billion heist, has raised serious concerns about security, leaving users worried about their funds. Binance Co-Founder Changpeng Zhao (CZ) has now weighed in, warning about the rising number of hacks and stressing the need for …
Mustafa Mulla·22 Feb 20252 min
Crypto Market Takes a Hit as $566M Liquidated in a Day
The crypto market saw a sharp downturn as $566 million in liquidations wiped out positions within 24 hours. Major altcoins like XRP, Solana (SOL), Dogecoin (DOGE), and Shiba Inu (SHIB) dropped into the red, while the global crypto market cap slipped 2% to $3.17 trillion. This sudden crash follows the shocking $1.4 billion Bybit hack, …
Mustafa Mulla·22 Feb 20252 min
NewsEthereum in Trouble After $1.4B Bybit Hack? Arthur Hayes Calls for 2016-Like Rollback
The recent $1.4 billion Bybit hack has sent shockwaves through the crypto world. Hackers managed to breach Bybit’s ETH cold wallet, swiftly moving the stolen funds to a single address before scattering them across multiple wallets. The sheer scale of the attack has left many wondering – can anything be done to recover the lost …
Mustafa Mulla·22 Feb 20253 min