An overwhelming majority of the Terra community has voted against CEO Do Kwon’s proposal to fork the blockchain. Community Rejects Fork Terra community members participated in a preliminary voting ro...
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Live Tech News Updates.
Dogecoin’s these two levels should be considered before making any move
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Dogecoin has been on a relentless downtrend since November. While ...
Mike Novogratz Speaks: Terra’s UST Was “A Big Idea That Failed”
After 10 long days, Mike Novogratz broke his silence on the Terra/ Luna situation. Considering that he was one of the protocol’s main proponents and even got a Luna tattoo, the community’s interest in...
Over 78% Of Terra Holders Favor Hard Fork, Early Voting Shows
Terra has opened voting on its highly contentious proposal to hard-fork the blockchain, founder Do Kwon said on Wednesday. Early voting indicates that over 78% of the community is in favor of forking ...
ATOM Might Trade Below Its Immediate Support Level Despite A Recent Rally
ATOM had displayed optimistic price action recently after the coin rallied close to 14% a little over 48 hours ago. The coin had managed to undo the loss of 21% that it incurred in the past week with ...
Mike Novogratz Ends Twitter Silence, Shares Take on UST/LUNA Crash
The tweet links to a longer letter in which Novogratz reminded readers that it has been a “brutal macro backdrop” for all risk assets in 2022, with any number of growth stocks down 50%-70%...
DoraHacks Raises $20M Led by FTX Ventures and Liberty City Ventures To Scale Its Global Web3 Startup Platform
– Advertisement – Singapore, Singapore, 18th May, 2022, Chainwire DoraHacks, the global hacker movement and one of the most active Web3 developer incentive platforms, announced a $20 milli...
Early Voting on Terra Fork Reveals 85% Support
Key Takeaways A governance vote that will decide whether to split to the Terra blockchain into Terra and Terra Classic began today. So far, 85% of votes cast support a chain split; 13% of votes cast a...
South Korean Law Firm to File Suit Against Terraform Labs CEO, Co-Founder
Terraform Labs founder and CEO Do Kwon and co-founder Daniel Shin could soon be facing lawsuits and property seizures in the aftermath of the Terra meltdown last week. LKB & Partners law firm told...
US Mining Stocks Continue to Fall Despite Increase in Hashrate
The United States may lead the world in crypto mining, but this is not being reflected in stock value, a report claims. Using data obtained from BTC.com, Poolin, and ViaBTC, The Cambridge Center for A...
Aave Companies announces the release of Lens Protocol
Aave Companies, the software development company that developed the famous DeFi protocol Aave, has announced the release of Lens Protocol. A revolutionary project that the Aave team has been working o...
LINK, VET, and VRA Price May See Breakout in Coming Days! Here Are Levels To Watch
Michael van de Poppe, a well-known crypto analyst, believes three prominent cryptocurrencies are on the verge of a comeback. Chainlink Commencing with Chain Link, a decentralized oracle network (LINK)...
SoftBank-backed The Sandbox Partners With Legendary Jazz Band Jamiroquai
Jamiroquai is the latest entity to join more than 200 of The Sandbox’s partnerships that include Ubisoft, The Rabbids, Gucci Vault, The Walking Dead, Snoop Dogg, Adidas, The Smurfs, and CryptoKitties,...
UNUS SED LEO [LEO]: Why you need to pay close attention if you want returns
May has been a good month for CoinMarketCap to give its crypto market cap rankings a good spring cleaning, as old giants fell and new projects rose into the top 100, 50, 20, and 10 rankings. A recent ...
Binance Actively Seeking Regulatory Nod In Germany As Exchange Pushes European Expansion ⋆ ZyCrypto
Advertisement     Binance, the world’s largest crypto exchange by trading volume, is not abandoning its efforts to spread its tentacles to new jurisdictions and expand...
Chiliz Token (CHZ) Prices Skyrocket By 13%; Here’s Why
Amid the slow recovery and instability in the cryptocurrency market, Chiliz (CHZ) token has emerged as one of the top gainers. The total crypto market value has shrunk by over 1.8% in the last 24 hour...
Robinhood to launch a Web3 wallet, LimeWire inks deal with Universal and more
Popular trading platform Robinhood is creating a noncustodial crypto wallet that will be compatible with multiple blockchains. The wallet will be a standalone application with the ability to store non...
What to Watch for in Tether’s Upcoming Attestation Report
When a stablecoin issuer issues stablecoins into the market, it normally keeps a corresponding asset in reserve to secure, or back, the stablecoin’s peg. As redemptions requests arrive, these reserves...
Tech layoffs and hiring freezes increase as cheap money shrinks
The job market in the tech industry is starting to show some cracks. On Tuesday, streaming giant Netflix (NFLX) confirmed it is laying off 150 workers amid slowing demand. That same day, e-commerce gi...
Top Solana P2E Contender DeFi Land Launches Its First Play-and-Earn Game
Tortola, BVI, 18th May, 2022, Chainwire DeFi Land, the third most prominent game on the Solana blockchain, will launch a new breed of Play-and-Earn game on May 18th at 8 PM UTC. The current DeFi Land ...
New Exodus Wallet browser extension includes ‘unlimited access’ to Solana
Exodus has announced a new multi-chain crypto browser extension. Users can now “easily explore and navigate the world of DeFi” through their Chrome and Brave browsers. Typically, browser extensions ca...
Uniswap Community Voting on Moonbeam, Gnosis Chain Deployment
Key Takeaways New governance proposals in the Uniswap community would deploy the app on Polkadot’s Moonbeam parachain and Gnosis Chain. The first proposal notes several advantages of working wit...
Polygon-Based Gaming Platform FreshCut Raises $15M
From Justin Kan’s Fractal to Kevin Lin’s Metatheory, former Twitch executives are continuing to make a splash in Web3. Now, James Kuk—previously Twitch’s global head of business development and strat...
Axie Infinity (AXS) Bounces After 91% Decrease Since All-Time High
The daily RSI for Axie Infinity (AXS) has generated bullish divergence, supporting the continuation of the ongoing bounce. AXS has been falling since reaching an all-time high price of $166.09 on Nov ...
Algorand Price Prediction: ALGO Is Downing Slowly
Algorand Price Prediction – May 18The current trading outlook reveals that the ALGO market is downing slowly against the market worth of the US fiat currency as it touched a point around the $0.50 lin...
XRP Price Continues to Hover Within a Narrow Range, While Ripple VS SEC Takes Another Turn!
XRP price has largely maintained a consolidated trend just above the local support at $0.42 from the time when the asset recovered from the LUNA-UST crisis. As the volume has dropped back to its origi...
Cryptos to consider when the market is down
It’s no secret that crypto investors have had a difficult time of late, with most major cryptocurrencies down year to date. Periods of turbulence, like in traditional equity markets, can be a go...
Terra Co-Founders Face Lawsuit from Korean UST and LUNA Investors
In the aftermath of Terra’s collapse, co-founder Do Kwon now faces legal pressure from affected Korean investors. They’ve filed both criminal and civil lawsuits, alongside an order to seize Kwon’s ass...