UST’s crash was the black swan event which confirmed that crypto-winter is here. Additionally, the market’s failure to register significant recovery further enforced this conclusion. Investors are now...
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Live Tech News Updates.
South Korean Politician Demands Parliament To Investigate TerraUSD’s Collapse
The “People Power Party” representative, a South Korean politician Yoon Chang-Hyeon called a parliamentary hearing on TerraUSD (UST) due to its sudden collapse last week. According to a report from So...
Terra Scam Accounts Attempt To Capitalize On Hard Fork Uncertainty
Terraform Labs’ Do Kwon had recently announced plans to fork the Terra chain into a new chain without the algorithmic stablecoin. The old chain will be called Terra Classic (Luna Classic – LUNC) and t...
Binance Encourages Terra Developers to Join Its Team
While Terra’s team is trying to salvage what is left of the once top 10 crypto projects, more and more people are luring or being lured from the infamous project to be useful somewhere else. Of ...
Polkadot (DOT) Price Analysis: May 19
4 hours ago | 2 mins read Polkadot (DOT) News On May 19, the bullish DOT price analysis is at $11.20. DOT’s bearish market price analysis for May 19, 2022, is $8.95. Polkadot’s MA shows a downward tre...
US Federal agencies warn businesses against mistakenly hiring North Korean hackers
The Federal Bureau of Investigations (FBI) has alerted the general public and businesses against unwittingly hiring North Korean IT workers. In a joint statement released with the U.S. Department of T...
Elon Musk Wants Twitter to Be WeChat-Style ‘Super App’ With Payments
Tesla CEO Elon Musk didn’t rule out that should he proceed with his Twitter acquisition, the social media platform could become sort of a super app similar to the Chinese WeChat that would also suppor...
The demise of NFTs or an opportunity for evolution?
With market volatility being experienced across the board, the NFT space is also facing tough market conditions, The crypto collapse has seen steep declines and a spooking of investors with NFTs dropp...
SHIB burning and its price – Is it a tale of ‘two roads diverged in a yellow wood’
The scarcity principle dictates that consumers place a higher value on products that are perceived to be scarce. In economics, when demand equals supply, an equilibrium is achieved. However, a disequi...
Terra Founder Do Kwon Faces Lawsuit In South Korea
A group of South Korean investors appears to have filed a court case against Terra founder Do Kwon over the blockchain’s crash. Local media reports suggest that several LUNA and UST holders have decid...
Record 12.6 Billion Burned by Shib Army in Last 24 Hours: Report
Yuri Molchan An 11-digit amount of Shiba Inu has been sent to dead wallets since yesterday morning, according to a recent report, marking a record in SHIB burned in a single transaction Contents 12.6 ...
Terra faces litigation from South Korean investors over failed UST investment
After the abrupt crash of Terra’s UST last week, a popular South Korea-based law firm, LKB & Partners, is set to sue Do Kwon on behalf of South Koreans who invested in the asset, according to loca...
Jeff Bezos Accuses Joe Biden of ‘Misdirection’ on Inflation
Billionaire businessman Jeff Bezos has accused Joe Biden of “misdirection” after the U.S. President argued that increasing corporation taxes could ease inflation. The argument arose with U.S. inflatio...
5 Best Web3 Coins to Invest in Now – May 2022
After a few days of turmoil in the bearish zone, the crypto market is presently stabilizing. As investors withdrew holdings, the value of some popular cryptocurrencies fell. While this may appear to b...
How Will LUNA React Post the Proposed Fork! Will the Price Recover or Remain Unaffected?
As huge turbulence was hovering within the space that the Terra executive had not handled the crisis in a proper way, the founder Do Kwon came up with a relief plan. As per the relief plan, the existi...
Does Logarithmic Finance (LOG), Chainlink (LINK), and Avalanche (AVAX) have what it takes to make Investors happy?
Everyone on the internet has heard about cryptocurrencies by now. They are the most popular buzzwords in the digital assets space because they offer a means to get rich without being a crypto expert. ...
MemeKong: Combining digital and real-world community with full transparency
MemeKong combines the community of meme coins with real-world utility. The team behind the cryptocurrency aims to provide longevity and become the number one meme coin by market cap. The team at Meme ...
Mark Mahaney reveals the ‘most insulated’ big cap tech stock
One of the mega-cap technology names continue to be attractive in the face of the current challenging operating environment, says the head of internet research at Evercore ISI. Mark Mahaney’s remarks ...
Six (6) Important Tips to Start Investing in Cryptocurrency
The craze around cryptocurrency has increased over the years. Due to how fast it has changed the financial status of some people, it has developed quite the appeal to it. Undeniably, investing in cry...
Getty Images Partners with Candy Digital to Launch NFTs
Using Getty Images’ extensive image portfolio, Candy Digital will create a variety of NFT products and collections. Visual content creator Getty Images has announced a multi-year partnership with NFT ...
Binance Seeks Approval In Europe’s Largest Economy
Binance CEO Changpeng “CZ” Zhao said on Wednesday that the exchange plans to apply for a license to operate in Germany. Speaking at fintech conference Finance Forward in Hamburg, CZ said that after ga...
Tech Mogul Jack Dorsey Doubles Down on Bitcoin, Says BTC a Global Standard for Money Transmission: Report
Former Twitter CEO Jack Dorsey is standing firm on his belief in leading crypto asset Bitcoin (BTC), saying that it will eventually be the global standard for money transmission and the native currenc...
LUNA Supply Nears 7 Trillion, Is $1 Still Possible?
The circulating supply of LUNA has continuously gone up since the UST debacle began. This has mainly been from people redeeming their staked UST for the digital asset, which caused its supply to rise ...
German BaFin official calls for ‘innovative’ EU-wide DeFi regulation
Birgit Rodolphe, executive director at Germany’s Federal Financial Supervisory Authority (BaFin), has called for innovative and uniform regulation of the decentralized finance (DeFi) space throughout ...
Binance Seeking ‘Ideal Point’ for India Launch
Asked about its India vision in the near future, particularly after the struggles for Coinbase and FTX, the Binance spokesperson said India can be a major crypto participant. “More than 10 crore...
Cardano’s Smart Contracts to Decrease Transaction Size in New Update as Part of Vasil Hard Fork
Arman Shirinyan Cardano is getting ready to become more scalable network despite relatively low load According to Cardano Insights Twitter account, the Cardano network will soon present a decreased s...
Ripple Signs New Partnership With International Money Transfer Firm To Use XRP for Cross Border Payments
San Francisco-based payments company Ripple is partnering with a Lithuanian financial technology (FinTech) firm to facilitate cross-border money transfers. In a new press release, Ripple says it’s joi...
Major Exchanges Stay Silent on Risks to Customer Funds
Coinbase’s recent revelation about the risk of user funds becoming lost should the exchange go bankrupt has highlighted the need for consumer vigilance when choosing crypto platforms. Coinbase CEO Bri...