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Category: Tech
Live Tech News Updates.
Why Are Terra (LUNA) and Calyx Token (CLX) Fantastic Investments Worth HODLING?
– Advertisement – The total value of all cryptocurrencies surpassed $3 trillion in November. That’s even more impressive when you consider how quickly the industry established itself — the...
Binance Halts LUNA Withdrawals as Terra Token Plummets 50%
Binance announced that withdrawals for Terra’s LUNA and UST tokens had been “temporarily suspended” today. The firm halted withdrawals “due to a high volume of pending withdrawal transactions,” addin...
Bitget Announces Partnership with Revenuebot
[PRESS RELEASE – Please Read Disclaimer] Singapore, 6 May, 2022 – Leading global derivatives exchange – Bitget, today announced its partnership with Revenuebot, an automated platform for trading on cr...
Instagram to Start Rolling Out NFTs
Adam Mosseri, head of Instagram, disclosed via Twitter that the social platform will start testing NFTs with selected creators and collectors from the United States before spreading to other users gr...
Konnect introduces cryptocurrency membership linked to the real world
Konnect, a Cryptocurrency membership project, is challenging the global duty-free distribution market. With compelling partners holding tax-free distribution B2B infrastructure, Konnect is building a ...
Full-suite DEX, Hyperdex Mainnet Goes Live Introducing Extra Rewards For Users
Hyperdex, a decentralized finance (DeFi) platform, has announced the launch of its mainnet, following months of developments, third-party audits, and upgrades. The mainnet is expected to introduce new...
CoinDCX Launches Investment Arm With An Eye On Early-Stage Startups ⋆ ZyCrypto
Advertisement     CoinDCX Ventures has $12.5 million in funds to be spent over the next 12 months. Fund’s head Rohit Jain says the mandate is way higher and flexible. ...
Litecoin Reaches Bearish Exhaustion And Recovers Above $73 Low
May 10, 2022 at 14:04 // Price Litecoin (LTC) price is in a downtrend and has reached the low of $73. The current decline has reached the oversold zone as the bulls have bought the dips. Long-term for...
Hyperdex Launches Mainnet to Introduce Advanced Trading Features For DeFi Users
Hyperdex, a Swiss-based decentralized exchange (DEX), announced its mainnet is finally going live following the successful period of its testnet. The launch of the mainnet brings along three major adv...
Binance Temporarily Suspends LUNA Withdrawals
Top cryptocurrency trading platform Binance has halted LUNA and UST withdrawals due to network congestion and slowness. Due to a significant volume of outstanding withdrawals, LUNA and UST withdrawals...
Central Bank Unsure About CBDC Despite Growing Public Support
Israel’s central bank said it had received public support for its plans to introduce a digital currency in the belief it would boost the economy. The Bank of Israel (BOI) first considered launching a ...
Europe: new rules on big tech coming soon
In Europe, the implementation of the Digital Markets Act (DMA) for big tech slips to spring 2023. New DMA for big tech in Europe expected in 2023 The new legal provisions on the big tech sector are aw...
TRON, ApeCoin, and Decentraland Price Analysis: 10 May
There was a heavy sell-off in the crypto market in the past few days as Bitcoin shed value alongside global stock indices. TRON had been one of the few coins that had trended upward in the past week, ...
Bank Of Uganda Warned Traders Against Cryptoasset Business
May 10, 2022 at 13:00 // News The Central Bank of Uganda (BoU) has warned citizens against using Bitcoin and other forms of cryptocurrencies for business. The central bank has not allowed any co...
Investors Grab 372.4 Billion SHIB as It Flips FTT for Biggest Whale Holding in USD
Yuri Molchan Two large Ethereum whales have acquired close to 400 billion SHIB, while number of SHIB holders has risen significantly in May Contents Whales acquire 372.4 billion SHIB tokens SHIB recov...
Tech Stocks in Their Lows, Losing Over $1T Since Federal Reserve Raised Interest Rates
Speaking at a news conference, Powell noted that the Federal Reserve understands the “hardship” inflation is causing and how it is affecting tech and other stocks. Stocks at large, especially tech sto...
Terra Stablecoin UST Makes Significant Recovery, Now Trading Above $0.90
– Advertisement – After Yesterday’s Decline, Terra Stablecoin UST Has Made Significant Recovery As The LFG Raises An Additional $2B From Investors. The price of the Terra stable coin (US...
Top 3 Most Promising Cryptocurrencies of 2022
3 hours ago | 2 mins read Altcoin News Cronos is down 6.00% in the last 24 hours. The Velas Ecosystem comprises decentralized goods built on top of its chain. Let’s look at the top three most promisin...
Maker Up 11% Despite Terra CEO’s Pledge to Kill DAI
Key Takeaways MKR, the governance token of the Maker protocol, has risen 11% Tuesday. Maker appears to be benefitting from UST’s recent de-pegging event which saw the dollar pegged asset slip to...
Tether, $133 billion trading volume
According to CoinGecko‘s data, in the last 24 hours, the crypto markets saw a trading volume of $133 billion for Tether (USDT). Tether sets new trading volume record USDT, the most capitalized stable...
El Salvador buys the dip with additional 500 coins
The cryptocurrency market has registered notable dips over the past few days. Over the past 24 hours, at least $1 billion has been liquidated from the market. However, El Salvador’s president, Nayib B...
Stress Test for LUNA & UST, Is it a Maximalist’s Co-ordinated Attack or Terra’s Peg-Mechanism Failure?
The crypto space witnessed yet another brutal attack as the star crypto fell beneath $30,000 for the first time after the July 2021 crash. The price marked its 2022 lows at around $29,730 and quickly ...
Nous Launches World’s 1st Decentralised Hedge Fund
Blockchain start-up Nous Systems has announced the launch of the world’s first decentralised hedge fund built on blockchain technology. The decentralised investment platform Nous Fund is now liv...
CoinLoan Comes with a Special Offer as SOL Is Now Available
Tuesday 10th May Tallinn: Solana (SOL), one of the top-10 digital assets by market cap, is now supported by CoinLoan. The new addition reflects a growing demand from users. The growth of the SOL block...
Elrond Partners With Anchain to Strengthen Compliance and Fraud Prevention
The developer of internet-scale blockchain infrastructure for Web3 payments – Elrond Network – announced integrating with blockchain analytics platform Anchain AI to enhance compliance and prevent fr...
Ripple Regains Bullish Momentum And Rallies Above $0.50 High
May 10, 2022 at 11:59 // Price The price of Ripple (XRP) is in a downward correction as the altcoin fell below the psychological price level of $0.50. XRP hit the low of $0.47, but the bulls bought th...
Elon Musk’s Proposed Fixes for Twitter Are Rooted in Web3
With Elon Musk’s announced purchase of Twitter for about $44 billion, the stranglehold of the world’s billionaires on the world’s media outlets has tightened. Cases in point: Jeff Bezos owns the Washi...
Blue Chip NFTs 101 – What Is The Proof Collective And Who’s Behind It?
The mysterious organization known as The Proof Collective defines itself as “a private members only collective of 1,000 dedicated NFT collectors and artists.” To join the Proof Collective someone woul...
Terra peg mechanism in doubt as UST crashes to $0.67
The third-largest stablecoin by market cap, TerraUSD (UST), appears to be in a catastrophic tailspin which has seen it de-peg from the dollar and drop to as low as $0.67 on Tuesday. As its price has f...