Author
Zafar is a seasoned crypto and blockchain news writer with four years of experience. Known for accuracy, in-depth analysis, and a clear, engaging style, Zafar actively participates in blockchain communities. Beyond writing, Zafar enjoys trading and exploring the latest trends in the crypto market.
Arizona’s Bitcoin Reserve Bill Moves Forward
Arizona’s second Bitcoin reserve bill, SB 1373, has cleared its final reading with Senate approval. The bill now moves to Governor Hobbs, who recently vetoed the first Bitcoin Reserve Bill, SB 1025. This represents a key step in the state’s ongoing efforts to establish a Bitcoin reserve, despite the previous rejection. The final decision now …
Zafar Naik·7 May 20251 min
FOMC Meeting May 7: Will Powell’s Speech Trigger Bitcoin Crash or Rally?
The Federal Reserve’s upcoming FOMC meeting on May 7, 2025, is drawing serious attention from crypto investors. With interest rate decisions and Powell’s speech on the agenda, the market is on edge. After a long pause following aggressive hikes in 2022–2023, the Fed began cutting rates in late 2024, bringing the current rate to 4.25%–4.50%. …
Zafar Naik·6 May 20254 min
Only 1 in 8,000 People Hold XRP: Is It Too Late to Join?
XRP, one of the most talked-about cryptocurrencies in the market, has long carried a reputation as a project with a loyal community. Despite years of discussions around its potential to revolutionize cross-border payments, the actual number of people holding XRP remains surprisingly low. According to the latest analysis by Cheeky Crypto, only around 1 to …
Zafar Naik·5 May 20252 min
VanEck Files for BNB ETF with Staking Rewards Potential
VanEck, a major U.S. asset management firm, has filed an S-1 document with the U.S. SEC to launch a BNB exchange-traded fund (ETF). If approved, the ETF would allow the BNB held in the trust to be used for staking, potentially generating additional BNB or other rewards. This move highlights growing institutional interest in crypto …
Zafar Naik·5 May 20251 min
TRON DAO X Account Compromised in Social Engineering Attack
On May 2, 2025, at 9:25 AM PST, the TRON DAO X account was compromised following a social engineering attack on a team member. The attacker posted a contract address, sent direct messages, and followed various accounts. This breach emphasizes the dangers of social engineering, as it allowed the unauthorized party to manipulate the account. …
Zafar Naik·3 May 20251 min
Movement Labs Suspends Co-Founder Amid Token Controversy
Movement Labs has suspended co-founder Rushi Manche following a controversial token incident involving 66 million MOVE tokens being dumped on the open market. The decision comes as the company faces backlash over a market-making deal with Rentech, a shell company linked to Web3Port, which misrepresented its role. A third-party review by Groom Lake is underway …
Zafar Naik·2 May 20251 min
NewsThe U.S Will Likely Buy $100 Billion in Bitcoin Soon, Says Sebastian Bea, President of Coinbase Asset Management
Rumors are swirling that the U.S. government could be preparing to make a major Bitcoin move, potentially investing up to $100 billion. While it may sound like a bold idea, Sebastian Bea, President of Coinbase Asset Management, argues that it’s not as far-fetched as it seems. In a recent interview, Bea explained how a small …
Zafar Naik·1 May 20253 min
XRP Becomes Most Traded Altcoin in Japan, Surpassing Ethereum
Japan’s banking sector is gearing up for a major shift, with nearly 80% of banks planning to adopt XRP in 2025. In one such move, XRP has officially pulled ahead of Ethereum in trading activity. According to SBI Group Report, one of Japan’s major crypto exchanges, XRP was the second most-traded cryptocurrency last month, right …
Zafar Naik·28 Apr 20252 min
NewsFlare’s XRPFi Launch Tomorrow Unlocks New DeFi Features for XRP Holders
Big things are happening for XRP holders! Flare Networks is about to launch XRPFi, a groundbreaking new decentralized finance (DeFi) ecosystem designed specifically for XRP. Going live tomorrow, XRPFi will bring smart contract capabilities to XRP, allowing users to stake, lend, borrow, and trade XRP-based assets directly on the Flare blockchain. This marks the beginning …
Zafar Naik·28 Apr 20252 min