Contributor
Monika is a tech journalist. She is an avid reader fascinated by classic English literature and enjoys painting and cooking. When her head is not buried behind a book, she writes about technology like cryptocurrency, blockchain, AI and more.
Altcoins
Analysis by the blockchain data platform found the collapse of TerraUSD (UST) took place in three stages — a few large trades broke UST’s peg triggering a selloff, there were attempts to restore the peg, but continued selloff finally drained all funds. See related article: Run on UST cuts the ground from under Terra’s feet Fast facts […]
Monika Ghosh
Regulation
Amid the ongoing insolvency risk, crypto lender Celsius has hired restructuring attorneys from the law firm Akin Gump Strauss Hauer & Feld LLP, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. See related article: CEL down over 50% since Celsius Network’s withdrawal freeze Fast facts Celsius is exploring financing options […]
Monika Ghosh
DeFi News
The total value locked (TVL) in decentralized finance (DeFi) fell to US$63.12 billion as prices across the broad crypto market fell. The declines were highlighted by the TRON algorithmic stablecoin USDD losing parity with the U.S. dollar on Monday, along with a 17% drop in the TRON native token TRX over the past 24 hours. […]
Monika Ghosh
Upcoming NFT Projects
Philippines senator and boxing legend Manny Pacquiao is launching non-fungible token (NFT) project Pacman to commemorate his late Jack Russell Terrier. See related article: Are PewDiePie, Manny Pacquiao and Spencer Dinwiddie riding the blockchain wave? Fast facts The cartoonish boxer dog-themed NFT collection pays tribute to Pacquiao’s pet Pacman, who was accidentally run over by […]
Monika Ghosh
Bitcoin News
The survey by one of the Big Four accounting firms found over 85% of U.S. merchants are prioritizing the enabling of cryptocurrency payments while around 83% are doing the same for stablecoins. See related article: AMC rival Regal enables crypto payments for moviegoers Fast facts The survey found that 87% of merchants believe accepting crypto […]
Monika Ghosh
Altcoins
The Helium Network, a decentralized wireless network, announced a model expansion on Saturday to address the demand for unlimited wireless protocols. See related article: Fantom releases upgrades to enhance speed, scalability, and decentralization Fast facts The Helium Network, which rewards crypto to users for deploying hotspots and providing network coverage, has launched over 848,000 hotspots […]
Monika Ghosh
Regulation
The Reserve Bank of India (RBI) is planning to introduce a central bank digital currency (CBDC) in stages this fiscal year, T Rabi Shankar, deputy governor of the central bank, said in a press conference on Wednesday. See related article: RBI wants its CBDC to bring ‘little or no disruption’ Fast facts “Process of [the] […]
Monika Ghosh
Altcoins
Layer 1 blockchain Fantom has unveiled upgrades to boost settlement speed and platform efficiency, the Fantom Foundation announced on Thursday. See related article: Fantom overtakes Binance Smart Chain in DeFi TVL Fast facts Fantom’s upgrades include the implementation of all London EIP-1559 changes and a new variation of the consensus mechanism called Lachesis Light Repeater, […]
Monika Ghosh
Investment Insights
Blockchain data analytics platform Nansen has struck a multi-year collaboration deal with Google Cloud to provide crypto investors with real-time access to market intelligence, the Accel and GIC-backed firm announced on Thursday. See related article: Foxconn’s Taiwan subsidiary receives investment from Google for metaverse projects Fast facts Running its platform on Google Cloud’s open and […]
Monika Ghosh
Advanced Blockchain Technologies
Ethereum’s move to proof of stake (PoS) is inching closer as the network’s oldest testnet Ropsten is expected to transition to PoS on Wednesday night Asia time. See related article: Ethereum PoS move is now being tested on a mainnet shadow fork Fast facts Ropsten’s proof-of-work (PoW) chain will merge with its PoS Beacon Chain […]
Monika Ghosh
