Erik Voorhees, founder and CEO of open-source crypto platform Shapeshift, advised Sam Bankman-Fried, CEO of crypto exchange FTX, not to allow the sector to become entangled in the perverse and deeply ...
Category: Tech
Live Tech News Updates.
$876m of FTT sold as investors look forward to diversification
The native token of the cryptocurrency exchange FTX, FTT is one of the top 25 biggest cryptocurrencies in the world. The token was in a different boat up until June 2022. In fact, the skepticism surro...
GameFi industry to see $2.8 billion valuation in six years
A recent report from Absolute Reports projects massive growth for the GameFi industry within the next six years. The research has the play-to-earn nonfungible token (NFT) game industry with an estima...
Building a Sports DAO: 4 Lessons From LinksDAO
HUGE ideas are exciting (“We are going to buy an NFL team!”) but delivering value for members sets the great projects apart from the pack and keeps everyone excited and engaged. The LinksDAO membershi...
Peter Brandt Smashes Binance CEO, CZ Responds “Take It Easy Peter”
– Advertisement – There was a short Twitter spat between top crypto trader Peter Brandt and Binance CEO Changpeng Zhao (CZ). There’s never a shortage of drama in the crypto space. If it’...
DeFi Summer talk gains steam as top 10 DeFi coins soar up to 60%
Following the surge in Bitcoin price, DeFi projects across the board are soaring on Thursday. Bitcoin rose 15% following the FOMC meeting Wednesday and news of a technical recession on Thursday. Howev...
OP Skyrockets 95% in 2 Days as TVL in Optimism Soars Above $500 Million
Ethereum layer-two scaling solution Optimism (OP) has soared by as much as 95% in the past two days as the total value locked in various DeFi protocols on the network also skyrockets. Over the past co...
Lido DAO: Decoding how $14.5m rejection could not stop 35% rally
Lido DAO Token [LDO] is back to doing what it has done for its investors—make their profits. The altcoin, also the native token of crypto staking provider, has been on top of performance in the last 2...
Why NBA Athletes are Turning to Web3 to Build Generational Wealth
Black culture is inarguably popular and drives commerce, making many corporations billions in revenue yearly while somehow leaving the source of brand identity inspiration out of the loop. Web3 techno...
Cardano Vasil Hard Fork Again Delayed For Weeks
– Advertisement – Cardano Fans Will Have To Wait A Few More Weeks As Vasil Hard Fork Delayed. The Cardano Vasil hard fork previously planned for the end of July has been delayed again with...
U.S GDP Declines by 0.9% in Second Quarter 2022, Recession?
10 hours ago | 2 mins read Bitcoin News National Bureau for Economic Research (NBER) is scheduled to analyze the statistics. The Federal Reserve raised interest rates by 75 basis points on Wednesday. ...
Solana Foundation Opens Retail Outlet in Hudson Yards
The team behind Solana is opening a permanent physical retail space dedicated to all things related to its cryptocurrency. The Solana Foundation has opened Solana Spaces at the Shops, an upscale mall ...
Magic Eden Joins Genopets To Launch SFT Marketplace On Solana
Magic Eden, the leading community-centric, non-fungible token marketplace on Solana, has announced a successful partnership with popular move-to-earn NFT game Genopets to launch the semi-fungible toke...
ChainLink (LINK), Ripple (XRP) and Degrain (DGRN)
The cryptocurrency market has been bearish for a couple of months. Anxiety levels are high as things are looking bleak for many coins. Some altcoins, however, have proven resilient to the failing fiat...
Do Kwon’s Fate Remains Uncertain, Prosecutors Completed ‘Search and Seizure’ Raid
Do Kwon is still under the lens of South Korean regulators as investigations into Terraform Labs and the collapse of the firm’s first tokens, LUNA and UST. Local media platform the Yonhap news agency ...
Ripple (XRP) and Dogecoin (DOGE) investors ru…
Recent weeks have seen a terrible bear market for cryptocurrency investors, with prices falling to all-time lows. Due to the sharp drops in the market value of lesser crypto, investors have lost milli...
Holon Unveils Australia’s First Unlisted Funds in Partnership With Gemini (Report)
Digital asset venture capital firm, Holon Global Investments, has launched three new crypto funds – Bitcoin (BTC), Ethereum (ETH), and Filecoin (FIL) in partnership with Gemini. These are Australia’s...
Shiba Inu traders expecting fake drop should read this
Shiba Inu [SHIB] continues to see unprecedented demand from whales despite the bearish market. However, fundamentals on-chain metrics still paint a grim scenario whatsoever. All bark and no bite? SHI...
Enormous 40 Million XRP Shoveled to Centralized Exchange, Here’s Why
Arman Shirinyan Massive XRP transfers appear on-chain as coin struggles to break through local resistance points Disclaimer: The opinion expressed here is not investment advice – it is provided for in...
Solana-based Algorithmic Stablecoin Nirvana Exploited of $3.49M
10 hours ago | 2 mins read Altcoin News There are two tokens in the Nirvana system: NIRV, a stablecoin, and ANA. Almost 82 percent of NIRV’s value has been lost. Nirvana, a Solana-based algorithmic st...
Algorand CEO Steps Down to Pursue ‘Other Interests’
Algorand CEO Steven Kokinos has resigned to pursue “other interests,” but plans to continue as a senior adviser until mid-2023. Kokinos is leaving Algorand the company, but not Algorand the blockchain...
Ripple signs partnership deal with FomoPay to aid treasury management
Leading crypto solutions provider, Ripple, recently signed a partnership deal with a Singapore-based payment platform FOMOPay. Ripple announced this development through a press release. As revealed, t...
SushiSwap ‘Head Chef’ Pay Package Sparks Conc…
A new governance protocol has nominated Jonathan Howard as the new CEO or ‘Head Chef’ at SushiSwap. New Head Chef Nominated Decentralized exchange (DEX) SushiSwap has announced the nomination of Jona...
Uniswap gains 143%, assessing why this may be just the beginning
Uniswap [UNI], one of the largest decentralized exchanges, is looking into the activation of protocol fees. The decentralized network community recently initiated discussions on how to efficiently act...
Critique on Helium’s $6.5K monthly revenue causes a stir
A recent critique from author and entrepreneur Liron Shapira on the Helium blockchain project has caused a strong debate over the long-term prospects of the company. Founded in 2013, Helium is an Inte...
Solana-based Stablecoin NIRV Is Attacked, Rate Collapsed 90%
Gamza Khanzadaev Another algorithmic stablecoin crashed, this time on Solana blockchain According to crypto analytics company PeckShield, Solana-based Nirvana Finance was attacked, causing its own DeF...
First Ever Uncollateralized Institutional Lending Marketplace Coming To Polygon
– Advertisement – The First Ever Uncollateralized Institutional Lending Protocol Is Coming To The Decentralized Marketplace On Polygon. Clearpool, the first DeFi protocol for uncollatera...
Algorand CEO Steven Kokinos Steps Down, Interim CEO Announced
10 hours ago | 2 mins read Altcoin News Sean Ford, currently the Algorand COO, has been designated interim CEO. FIFA has appointed Algorand its official cryptocurrency sponsor. Steven Kokinos, the CEO...
England Law Commission recommends reforming property laws for digital assets
The Law Commission of England and Wales has proposed reforming existing laws, especially private property law, to protect cryptocurrency users and maximize the potential of the technology. The proposa...