author

Wahid loves to write, especially about Digital Currency and Blockchain. He started his blogging journey in 2017 and turned to digital currency in 2019. Wahid is interested in tech, chess and DeFi. He aims to promote decentralization to everyone on the planet.

Article by Wahid Pessarlay

Hong Kong Monetary Authority skeptical against algorithmic stablecoins
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5 February, 2023

Hong Kong Monetary Authority skeptical against algorithmic stablecoins

In the "Conclusion of Discussion Paper on Crypto-assets and Stablecoins," HKMA confirmed that it received 58 submissions, urging it to...
Prime Trust lays off one-third of staff becoming the latest in a string of industry tragedies
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5 February, 2023

Prime Trust lays off one-third of staff becoming the latest in a string of industry tragedies

Around 100 workers of Prime Trust were terminated as the firm faces financial woes brought about by COVID-19, with some...
India snubs plea to reduce tax burden in Union Budget 2023
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4 February, 2023

India snubs plea to reduce tax burden in Union Budget 2023

Existing laws on digital assets remain, including the 1% TDS, following the Union Budget, but key industry players remain hopeful...
Bittrex lays off 83 employees amid unfavorable macroeconomic market conditions
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4 February, 2023

Bittrex lays off 83 employees amid unfavorable macroeconomic market conditions

According to the ESD's Worker Adjustment and Retraining Notification (WARN), the terminations are expected to take effect on April 2...
Bithumb executive arrested in South Korea on embezzlement charges
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4 February, 2023

Bithumb executive arrested in South Korea on embezzlement charges

Bithumb owner Kang Jong-hyun denied accusations he embezzled over KRW60 billion from the company while his brother is being investigated...
US flags BTC, ETH wallets linked to Russian sanctions evasion network
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4 February, 2023

US flags BTC, ETH wallets linked to Russian sanctions evasion network

OFAC blacklists the BTC and ETH addresses operated by Jonatan and Vladimirovich Zimenkov, both facing allegations of running a Russian...

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