Terra’s astronomic crash has largely dented market sentiment this week, and likely fed broader crypto weakness. But the project’s status as a Layer-1 blockchain meant that several tokens, apart from L...
Category: Tech
Live Tech News Updates.
European Central Bank releases new paper for digital euro
The European Central Bank is currently actively engaged in releasing a central bank digital currency (CBDC). However, this product has faced much opposition from the public, and this opposition has be...
Apecoin’s rejection from $9.5 level says this for its short-term technical view
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin faced some resistance at the $30.8k level as it formed a h...
XRP Price Prediction 2022-2027 : Will The Ripple Come out of SEC Case ?
It is very nice to see people having conversations about Tech, the digital economy, and investments. One of the common confusions in terms of investing in Cryptocurrency is what currency to invest you...
Do Kwon proposes Terra revival, including token redistribution plan
Terraform Labs co-founder Do Kwon has tabled a proposal to preserve the Terra ecosystem following the historic depegging of its algorithmic stablecoin, UST, and the resulting death spiral that plunged...
Tether Increases U.S. Treasuries Exposure Amid USDT Dump
Gamza Khanzadaev Increase in treasuries exposure comes along with concurrent cut of commercial papers According to Tether CTO Paolo Ardoino’s statement made during a Twitter Spaces chat on May 1...
Zerodha Co-founder Nithin Kamath Warns Indian Investors of Coinbase
18 seconds ago | 2 mins read Editors News The cryptocurrency market as a whole is experiencing a bad week. The outcome was yet another jab at the crypto sector from Nithin Kamath. Co-founder of Zerodh...
Ripple (XRP) Rallies in Lieu of Ongoing SEC Lawsuit
On Friday, Ripple (XRP) rallied as the crypto market stabilized after Terra’s depegging sent shockwaves throughout the industry. Ripple ended Thursday at $0.377384, rallying to $0.439217 by the end of...
Ripple files a response to SEC’s ‘Client Privilege’ claims ─ what’s different this time
The ever-lasting lawsuit between the fintech firm, Ripple and U.S. regulatory watchdog continues to take different turns. One of the most elaborate tussles has been regarding William Hinman’s 2018 spe...
Death Cross on the Stellar Chart ?
The Stellar Lumens network and its native token XLM are one of the early cryptocurrency projects that investors have found attractive considering that they have stood the test of time in the crypto ma...
Cardano, Dogecoin, Shiba Inu Post Double-Digit Gains as Market Rebounds
According to CoinMarketCap data, large-cap altcoins Cardano, Dogecoin and Shiba Inu were seen posting double-digit gains at the time of publication. Cardano was up as much as 30%, while meme cryptocur...
RBIS is about to go up 8,000%!
SPONSORED POST* RBIS, the token powering the ArbiSmart project, was first listed in January and since then it has been rapidly gaining ground. While right now the RBIS price hovers around $1, crypto a...
Nubank announces partnership with Paxos for cryptocurrency trading
Nubank, one of the largest digital banks in Latin America, has announced a partnership deal with Paxos, a blockchain infrastructure platform, to offer cryptocurrency trading services. These crypto ser...
Here’s how Avalanche [AVAX] is responding to a slew of good developmental news
The crisis with Terra’s stablecoin TerraUSD (UST) and the free fall in Terra’s LUNA token has put a deep dent the overall crypto sentiment. Every coin has witnessed some losses following this crash. A...
Terra Skyrockets 1000% On Bullish Sentiments As Traders Envision LUNA As “The Next Shiba Inu” ⋆ ZyCrypto
Advertisement     After losing over 99% of its total value on Thursday, LUNA’s price surged over 1000% to $0.0005395 on Saturday, igniting bullish sentiments among LUN...
Binance delists LUNA futures and trading pairs as the price continues to fall
The crash of LUNA has sent shock waves across the cryptocurrency market. A week ago, LUNA was one of the hottest tokens in the market, having hit an all-time high on April 5 and ranking as a top-ten c...
This Week in Coins: Virtually Every Top 100 Cryptocurrency Sinks as LUNA Scrapes Bottom
This week in coins. Illustration by Mitchell Preffer for Decrypt A cursory glance at the Decrypt home page this week would have been enough to see that the global crypto industry is a hive of panic. C...
Chile’s CBDC Should Operate Both Online and Offline Before Launch
The Chilean central bank withdrew its plans to release a CBDC by the end of 2022, saying it will conduct thorough research and additional analysis on the product before moving to its launch. Digital P...
Decentraland: MANA reaches a resistance zone, is it time to go short?
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Decentraland is one of the largest metaverse projects in the crypt...
KuCoin Hits $10B Valuation After Rasing $150 Million From Industry Investors
Popular cryptocurrency exchange KuCoin has reached a $10 billion valuation after the company raised $150 million in a just-concluded Series B round. KuCoin Raises $150 Million The funding round saw pa...
DCEC, Create a New Community Ecological Value
Place/Date: – May 13th, 2022 at 3:13 pm UTC · 3 min read Source: Parallel Cex On May 8, DCEC, a cryptocurrency sufficient to affect the ecology of the global digital economy, launched in Pancake...
Another Fantom Hack? FTM Slumps 15% After DEX Attack
Fantom (FTM), the native token on the eponymous blockchain, fell sharply after one of its largest DeFi exchanges (DEX) was hit with a hack. FTM slumped over 15% in the past 24 hours, and is now tradin...
Whales Dump $710 Million Worth of Tether in Fear of De-Peg, USDT Trades at $1
Arman Shirinyan Even large cryptocurrency investors felt psychological pressure on their USDT holdings According to the most recent data from Santiment, whales have been actively selling their USDT ho...
How Terra’s UST and LUNA Imploded
Decrypting DeFi is Decrypt’s DeFi email newsletter. Art: Grant Kempster Amid the craziest week in crypto ever, the collapse of Terra’s UST stablecoin and governance token LUNA emerged as t...
Galaxy Digital Holdings to Expect Massive $300 Million Loss in Q2 2022
Galaxy Digital Holdings could lose up to $300 million this quarter in net comprehensive income, given the recent performance of the crypto market. The comprehensive income of a company is usually a su...
This May be the Best Time To Accumulate Altcoins But AltSeason May be Deferred
The altcoins in the recent past have manifested extreme bearish conditions due to the volatility within the crypto space. If the star crypto Bitcoin falls by 1%, the altcoins tend to drop by 10%. And ...
PancakeSwap’s New Proposal Aims to Cap CAKE Supply at 750 Million
Decentralized Finance (DeFi) application PancakeSwap has released a governance proposal that details several goals of its native token, CAKE. It garnered a 98.8% majority across 11 million votes in a ...
XRP: Despite SEC’s crumbling lawsuit against Ripple, investors aren’t impressed
This week witnessed a significant decline in the value of the cryptocurrency market. Bitcoin and several altcoins recorded daily losses as new lows in price levels were tested. Bitcoin, for example, f...
Terra Co-Founder’s Wife Seeking Police Protection as LUNA Price Collapses to Zero
Alex Dovbnya Spouse of Terra co-founder is seeking police protection after unexpected visit According to a report by South Korean business media outlet MoneyToday, the wife of Terraform Labs founder K...
Solana Price reached a STRONG SUPPORT
The crypto market crashed hard lately. Despite the continuous bear market that’s been going on since November 2021, this past week was a harsh one. Most cryptocurrencies lost more than 20% on average....
Etherscan and CoinGecko investigate pop-ups targeting user funds
Coingecko and Etherscan have issued warnings about an ongoing phishing attack targeting users on their platforms. The firms said that these phishing attacks were done to access user funds. Phishing at...