Two different tokens power the Axie Infinity ecosystem. First AXS, which is the network’s native token. Then Smooth Love Potion (SLP), in-game tokens earned by playing the Axie Infinity game. A common...
Category: Tech
Live Tech News Updates.
Aussie exchange Swyftx cuts staff by 21% amid bear market
Australian crypto exchange Swyftx has had to lay off 21% of its staff to lower costs as it wades through the current bear market. According to a Wednesday note from co-CEOs Alex Harper and Ryan Parson...
Ripple vs. SEC: Ripple Requests to Seal the Identities of Third Parties in Motions to Exclude Expert Testimonies
– Advertisement – The blockchain company said the proposed redactions were made to protect the privacy interests of the parties. Ripple and two of its executives, Brad Garlinghouse and Ch...
Prominent Australian Exchange ‘Swyftx’ Lays off 21% Workforce
26 mins ago | 2 mins read Exchange News The crypto exchange announced in June that they will be combining with Superhero. Swyftx is the latest cryptocurrency company to experience growing pains. To co...
After the Exploit and Burn Repair, Acala Almost Reached Its Original Peg of 1:1
The Acala Dollar (aUSD), Polkadot’s native decentralized stablecoin, hit a new low of $0.0054 on August 14 and lost its $1 peg. Acala Network had previously observed a suspicious transaction. Hackers ...
BingX Increases Global Workforce Despite Market Downturn
The world’s leading social trading exchange BingX has announced it is actively hiring roles for its company across. More than 200 positions are to be filled globally. Amid market downturns, BingX has ...
Yet another offer but ApeCoin [APE] remains unperturbed
Over the last few weeks, it has been offers—left, right, and center for ApeCoin [APE]. The native token, borne out of the blue-chip NFT collection, Bored Ape Yacht Club [BAYC] was the basis of a marke...
Cardano ‘Catastrophically’ Broken? – Charles Hoskinson Refutes Claims of Vasil Upgrade Being Rushed ⋆ ZyCrypto
Advertisement     Charles Hoskinson, Cardano’s co-founder, has quelled concerns over reports that the upcoming Vasil hard fork was being rushed, leaving out issues tha...
Tech Stocks Are Due for Another Fall
Text size Technology fundamentals are getting worse, not better. One example is weakening demand for consumer electronics. Illustration by Barron’s (Dreamtime 4) For years, tech investors seemed...
This Group of Shiba Inu and Doge Investors Caused 23% Plunge
Contents Shiba Inu is back at beginning Large transactions topping out at local high As we have covered in our recent crypto market reviews, the fading of the meme currency rally was most likely inevi...
Cold Feet or Agreement Breach? A Look at the Galaxy-BitGo Situation
Regular law firms are no match for “pugnacious” BitGo representative Quinn Emanuel, M&A advisory firm co-founder says Termination over financial statements submittal argument likely to end in sett...
Users Can Now Spend Shiba Inu At ‘Best Buy’ Through Gift Cards
– Advertisement – Shiba Inu Holders Can Now Spend Their Crypto On BestBuy. Crypto payment provider BitPay now allows Shiba Inu holders to spend SHIB on BestBuy through gift cards. Accor...
Aztec responds to claims FTX froze user funds for interacting with the protocol
CryptoSlate reported that FTX had frozen user accounts because they interacted with Aztec Network. Aztec has now responded to the claims by reiterating its core values and confirming that it “will not...
Ubisoft & Playrix Developers Quit to Join a Neon-wave Web…
Ever heard of the saying “When the money goes, you find out who your real friends are?” – the bear market has given us the perfect opportunity to uncover the real gamers present in Web 3.0, and the ou...
FTX US Spread False or Misleading Statements About FDIC-insured Products, Regulator Says
On August 19, The Federal Deposit Insurance Corporation (FDIC) issued various cease and desist letters to five cryptocurrency companies including FTX US, owned by the crypto billionaire Sam Bankman-Fr...
Avalanche [AVAX] bulls can steer through this bearish breakout
The liquidations from Avalanche’s [AVAX] previous symmetrical triangle pulled the alt below its eight-month trendline support (previous resistance). But the market-wide growth aided the bulls in fixat...
Here’s Why Cardano (ADA) Price May Drop Another 13%
Published 10 hours ago The Cardano(ADA) price plunged dramatically over the last few days resulting in a breakdown of the parallel channel pattern and a 22.6% drop. Thus, the increased selling pressur...
US Trustee motions for examiner to probe Celsius’ ‘significant transparency issues’
The United States Trustee handling Celsius’ bankruptcy proceedings has called for an independent examiner to be brought in to “untangle” the embattled network’s financial affairs and business operatio...
XRP, ADA, SHIB, DOGE Plunge as Momentum Fades
Alex Dovbnya The cryptocurrency market is underperforming, with Bitcoin slipping below the $23,000 level Cryptocurrencies prices slumped lower on Friday, with the Bitcoin (BTC) price slipping to an in...
Binance U.S Acquires Money Transmitter License in Nevada
55 seconds ago | 2 mins read Exchange News The time required to get a license is a huge drawback of this approach. State governments may impose their own regulations on the services. Binance US, Binan...
Cardano developer reveals bug in node version 1.35.2
Cardano (ADA) developer Adam Dean in an August 18 Twitter thread, revealed a bug in Cardano node version 1.35.2 that caused the collapse of Cardano Testnet. ? (1/n) It’s important to point out t...
US Extradites Russian On Money-Laundering Charges
The Russian national, who was extradited from the Netherlands, has been accused of money laundering in the Ryuk ransomware case. Russian Accused Pleads Not Guilty 29-year-old Denis Mihaqloviv Dubniko...
Binance US Wins Money Transmitter License in Nevada
Binance’s US subsidiary announced receiving its Money Transmitter License from the Nevada Department of Business and Industry, Financial Institutions Division. The latest move is part of the company’s...
Dogecoin investors must consider these signs before making an exit
Dogecoin [DOGE], the world’s leading meme coin in terms of market capitalization, gained steady upward momentum in late June after marking its 2022 low of $0.050. Now, after witnessing low volatility ...
Shiba Inu Slips To 13th Position Following Market Crash
Shiba Inu has been one of the worst-hit in the crypto market retracement. Like any other meme coin, SHIB is highly volatile, following the hype, and once the hype had begun to die down, the price foll...
Two Coins To Look Forward To In The Bear Market 2022: Cardano and HUH Exchange
Advertisement     Cryptocurrencies are gaining acceptance on a global scale, as traditional financing continues to encounter obstacles related to government regulation...
Sports Tokens Surge After Socios.com Gets Regulatory Approval in Italy
In the aftermath of the announcement, the Santos FC fan token shot up by more than 150% from its value the day prior, to a high of about $15, while chiliz, the fansite platform’s main currency, rose b...
FTX backtracks on FDIC insurance but fails to delete all references
Following the demands from the FDIC for FTX to cease making misleading statements about FDIC insurance, FTX CEO Sam Bankman-Fried took to Twitter to undertake crisis management. SBF stated that the me...