The race to set up the building blocks of the metaverse is on and many companies are hard at work establishing the world’s first open-source, decentralized virtual universe. This race has in part been...
Category: Tech
Live Tech News Updates.
Simpin' Ain't Easy: The Business Sense Behind IreneDAO
Simplicity. Integrity. Meaning. Purpose. Apart, these are empty buzzwords. But together, they’re something more: S.I.M.P., a kind of online commandment, and the meme at the heart of a new NFT project ...
$4B non-profit established to stabilize UST stablecoin
With a market cap of more than $170 billion, stablecoin adoption is exploding. The total market of stablecoins grew 450 percent in 2021 alone. Stablecoins are viable internet-native mediums of exchang...
Polygon Primed to Tumble After Nine-Month Consolidation
Key Takeaways MATIC appears to be breaking down of a descending triangle. Breaching the $1.80 support level could ignite an 87% bear market. MATIC needs to regain $2.90 as support. Failing to reclaim ...
Here’s What Will Catapult Cardano (ADA) to a New All-Time High in 2022, According to deVere Group CEO Nigel Green
CEO of financial services firm deVere Group Nigel Green says that he thinks Cardano (ADA) will hit new highs in 2022. In a statement, Green says that the price of ADA is surging because of the excitem...
US Federal Reserve Publishes CBDC Report, Wants Further Dialogue
The U.S. Federal Reserve has published a lengthy paper on a dollar-based central bank digital currency and asked for input. It did not recommend any specific policy, though it did state that a CBDC co...
BNB Crashes Back to $420 as Market Deletes Previous Gains
BNB’s rally came to an abrupt stop after the price passed the $500, and the market took all the gains away in today’s trading session. Key Support level: $420 Key Resistance level: $520, $692 (ATH) De...
$PSTAKE Breaks CoinList Record on the Way to a $10 Million Fund Raise
Liquid staking protocol pSTAKE just broke a record and everyone in the DeFi sector of crypto should be talking about it. Not only did the project raise $10 million on CoinList, it broke a record for t...
KuCoin Reports Impressive Annual Results With Trading Volumes Soaring Above $1 Trillion
The leading global KuCoin exchange released its annual performance report amid increased trader activity and immense liquidity inflows. KuCoin has been experiencing immense growth over the past year, ...
Shiba Inu Holder Count Hits New Highs Amid Price Dip
As reported by WhaleStats, the number of Shiba Inu holders reached a whopping 1,150,173, hitting new record highs. The cryptocurrency market succumbed to widespread selling pressure as Bitcoin and alt...
Digital Dollar’s Benefits Could Affect Financial Stability & Privacy: US Fed
The US Federal Reserve said that the introduction of an official digital version of the U.S. dollar could benefit Americans but it may also potentially affect financial stability and privacy. Although...
Cardano drops 15% as amid broad selloff, here’s where it can find support
Bitcoin dropped below the $40k mark in recent hours. Cardano saw a strong move on the lower timeframes in the past week as it rallied from $1.23 to $1.63 and appeared to break out of a downtrend. Howe...
Over 6 Billion Rubles Withdrawn from Binance After the Renewed Rumors about Cryptocurrency Ban
Jan 21, 2022 at 10:33 // News An unknown investor withdrew over 6 billion rubles ($83 million) in USDT from one’s Binance wallet on January 20. The transaction coincided with the renewed rumors ...
Cardano Increases Node Performance to Reduce Network Congestion During DeFi Projects Rollout
Tomiwabold Olajide Cardano continues to add node improvements to curb network congestion on DeFi launches Cardano founder Charles Hoskinson recently shared a tweet about a new GitHub release that adds...
WAX to Give Out 10 Million Free NFTs in Largest-Ever NFT Drop
In brief Blockchain platform WAX will give out 10 million NFTs, one for each of the first 10 million accounts registered on its platform. WAX has recently seen about 18 million daily smart contract tr...
True Global Ventures Leads Investment Round of $3M Into Enjinstarter
True Global Ventures 4 Plus (TGV4 Plus), has invested USD$3 Million into Enjinstarter, an IDO launchpad for Metaverse and Blockchain gaming projects. Enjinstarter will utilise this investment to expan...
The Fed opens the debate on the digital dollar
The US Federal Reserve (Fed) last Thursday published a paper entitled “Money and Payments: The US Dollar in the Age of Digital Transformation”. The paper opens an initial public debate on whether or n...
NFT Monthly Trading Volume Records $4B on OpenSea
Despite being the new kid on the crypto block, non-fungible tokens (NFTs) are stamping their authority as trendy digital assets based on increased adoption. For the first time, monthly NFT trading vol...
Project rewards healthy habits with tokens
Blockchain use cases continue to grow as the world learns about the benefits that it brings. Apart from bringing financial innovations like the ability to do peer-to-peer transactions, blockchain now ...
‘It’s Time’: NBA Top Shot Maker Dapper Labs Set to Launch NFT Platform for UFC
In brief Dapper Labs and Ultimate Fighting Championship will launch the UFC Strike NFT collectibles platform on January 23. Meanwhile, the NFL All Day platform is still set to launch publicly by the e...
Serena Williams joins the Board of Directors- The Cryptonomist
Sorare, the blockchain gaming startup, welcomes celebrated US tennis champion Serena Williams to its board of directors, with plans to expand in 2022 to women’s sports. Williams, an athlete but also ...
Twitter Launches Verification Mechanism for NFT Avatars; Bybit Demonstrates Ambition on NFT Marketplace
Twitter announced Thursday that it was rolling out an official verification mechanism for NFT avatars, allowing some users to set the NFTs they own as their profile picture. The Twitter avatar of the ...
Twitter Rolls Out Verified NFT Profile Picture Feature
Social media giant Twitter has enabled a feature that lets users officially verify NFTs used for their profile pictures. Previously, anyone could simply right-click and copy an image, and there was no...