A “killer app” for consumers is what will be needed to bring the decentralized finance (DeFi) sector to a level that draws in a mainstream audience, said Ripple Lab’s head of DeFi markets Boris Alerga...
Category: Tech
Live Tech News Updates.
Curve Finance DNS exploit resolved
Over $530k was stolen from Curve Finance Tuesday after a hacker was able to take control of the nameserver to reroute the DNS to a malicious server. The front end of the Curve website was cloned to tr...
FTM Is Showcasing Lower Highs
Fantom (FTM) Price Prediction – August 10The Fantom market is currently showcasing lower highs, trading against the valuation of the US fiat currency. In the fifty-two weeks of trading, the crypto’s l...
Bullish Targets For Cardano, Chainlink & Other Altcoins
Today, Bitcoin has been fluttering between the $22,000 and $23,000 mark. This has pulled down the global crypto market cap by 1.27% which is now positioned at $1.09 trillion. Meanwhile, an analyst, Mi...
LongHash Ventures Launches Its $100 Million W…
Singapore, Singapore, 10th August, 2022, Chainwire LongHash Ventures, Asia’s first Web3 Accelerator and one of Asia’s leading Web3 venture funds, officially announces the launch of its $100 million Lo...
LongHash Ventures Launches a $100 Million Web 3 Investment Fund
LongHash Ventures – an Asian investment firm and accelerator that’s geared towards web 3 – has announced a $100 million venture fund for the decentralized web. The money will be targeted at “multi-ch...
Pattern Breakout May Relieve SOL From Range Rally
Published 14 hours ago The Solana (SOL) price has resonated within a symmetrical triangle pattern for nearly a month. The price action close to the pattern’s apex may soon give a breakout opportunity....
SHIB Reacts Most to Positive Inflation Report with Immediate Spike
Gamza Khanzadaev Shiba Inu surges on positive inflation report, shows one of best reactions on crypto market With the release of U.S. inflation data, which was positively assessed by crypto market par...
Polygon, Neowiz join forces to build new Web3 gaming platform Intella X
Polygon announced a partnership with gaming publisher Neowiz to launch a new Web3 gaming platform called Intella X, supported by its native IX token. Neowiz is a multi-platform developer founded in 19...
Reddit Continues Web3 Efforts With FTX Partne…
The partnership with FTX will enhance the user experience on the Community Points project for over 400 million monthly active users on the Reddit platform. FTX Pay Joins Reddit’s Community Points Pro...
Ripple shows interest in acquiring Celsius
Ripple Labs could be interested in buying the assets of embattled crypto lender Celsius Network, Reuters reported Aug. 10. A Ripple spokesperson reportedly said the firm was interested in looking for ...
Nuri Exchange Keeps Deposits Open Despite Filing for Insolvency
German cryptocurrency exchange Nuri has filed for insolvency with a court in Berlin, becoming the latest in a string of digital assets platforms to face credit issues. The company, founded in 2015, de...
Terra-LUNA Investors To Get Refund, Upbit To Form A Committee
It’s been a while that Terra (LUNA) investors and traders who lost their money have been waiting for some genuine response from Do Kwon, Terra founder. The collapse witnessed Terra USD lose its peg ag...
Hotbit Freezes Withdrawals Following Subpoena of Senior Managers
Hotbit – a Shanghai-based cryptocurrency exchange – has indefinitely frozen all trading, deposits, and withdrawals of its users’ crypto assets. Yet unlike other firms, Hotbit said that its suspension ...
Decoding what USDT’s supply hike on exchanges could mean for investors
The global cryptocurrency market cap fell 2.7% to $1.09 trillion on 9 August evening as investors awaited key consumer price index data. Needless to say, major coins across the market fell as uncertai...
Solana DEX Wants Validators to Hedge With Futures Like Corn Farmers
Cypher seeks to change that with a new futures product planned for later this quarter. Called a “validator vault,” it will help validators lock in the price of SOL they expect to receive at the end of...
New NFTs From Lamborghini, Fox’s Krapopolis
Krapopolis to be first blockchain-based animated series on broadcast television Moonbirds’ floor price has dropped 20%, from 18 ETH to 14 ETH in the past week since its move to a CC0 public license Th...
Shiba Inu BitPay Card Holders Can Now Enjoy Up to 15% Cash Back Rewards
– Advertisement – BitPay users will earn up to 15% cash back rewards when they make purchases with their prepaid cards using SHIB. Popular cryptocurrency payment provider BitPay has anno...
Best Multi Cryptocurrency Wallet To Use in 2022
If you want to store your crypto somewhere, then you should look into finding an appropriate cryptocurrency wallet. We call it a “wallet” since it is used for the same reason as a “regular” wallet. Y...
The CPI in the USA drops to 8.5%
Today the financial world was anxiously awaiting the CPI figure as it was strongly indicative of the direction the US economy was taking, and for the sake of Elon Musk’s detractors, this time his rece...
Dogecoin down 6% Despite Wallet Scam
The meme coin hype has faded this year, with top meme coins like Dogecoin and Shiba Inu reporting a significant plunge from their all-time highs amid the ongoing bear market. However, the popularity o...
Anonymous Tornado Cash User Dusts Celebs
An anonymous user has been sending small amounts of Ethereum via Tornado Cash to hundreds of public wallets in the U.S., including popular celebrities. Flouting Tornado Ban An act of rebellion or jus...
Cardano Aggressively Priced Ahead of Vasil, Claims Messari’s Report
With the upcoming Vasil hard fork, Cardano is expected to see an overhaul on the network. The focus will be on ramping up throughput and smart contract improvements. In a recent report, on-chain analy...
Midas Releases 3 CeDeFi Investment Strategies, Creates New Opportunities In The Bear Market
– Advertisement – On August 10, 2022, Midas.Investments, a custodial CeDeFi platform, released three new investment strategies. The platform merges diverse approaches to digital asset mana...
Hotbit exchange suspends all transactions indefinitely
China-based crypto exchange platform Hotbit announced its assets were frozen due to an ongoing investigation of the company, and it had to suspend all trading, deposit, and withdrawal functions until ...
Australia: new project to test a CBDC
The Reserve Bank of Australia (RBA) has announced the launch of the pilot project to test the issuance of a CBDC (Central Bank Digital Currency). Australia launches pilot project to test a CBDC Tests...